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Impacts of intangible assets on the initial public offering of biotechnology startups

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  • Fukugawa, Nobuya
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    Abstract

    This study examined how intangible assets of Japanese biotechnology startups affected their intention to go public at one point and their actual initial public offering. Simple patent counts did not affect startups’ intention to go public in 2005. Among several indicators of patent quality, forward citations were found to have positive impacts on whether startups went public by 2009.

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    File URL: http://www.sciencedirect.com/science/article/pii/S0165176512000286
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    Bibliographic Info

    Article provided by Elsevier in its journal Economics Letters.

    Volume (Year): 116 (2012)
    Issue (Month): 1 ()
    Pages: 83-85

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    Handle: RePEc:eee:ecolet:v:116:y:2012:i:1:p:83-85

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    Web page: http://www.elsevier.com/locate/ecolet

    Related research

    Keywords: Patents; Biotechnology; Initial public offering; Intangible assets; Japan;

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