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Josh Lerner

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Paul A. Gompers & Josh Lerner, 1999. "What Drives Venture Capital Fundraising?," NBER Working Papers 6906, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. Are Capital Gains Taxes Irrelevant?
      by Tino in Super-Economy on 2012-10-19 19:20:00
  2. Brunt, Liam & Lerner, Josh & Nicholas, Tom, 2011. "Inducement Prizes and Innovation," Discussion Paper Series in Economics 25/2011, Norwegian School of Economics, Department of Economics.

    Mentioned in:

    1. Innovation and Prizes
      by Nicholas Gruen in Club Troppo on 2011-12-21 13:31:08
    2. In Antitrust We (Do Not) Trust
      by Chris Colvin in NEP-HIS blog on 2012-07-17 22:44:37
  3. Paul Gompers & Josh Lerner & David Scharfstein, 2005. "Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999," Journal of Finance, American Finance Association, vol. 60(2), pages 577-614, April.

    Mentioned in:

    1. Congratulations to Drs. Chambers, Chapman, and Xue
      by Peter Klein in Organizations and Markets on 2007-05-15 10:25:47
  4. Lerner, Josh & Brunt, Liam & Nicholas, Tom, 2008. "Inducement Prizes and Innovation," CEPR Discussion Papers 6917, C.E.P.R. Discussion Papers.

    Mentioned in:

    1. Innovation and Prizes
      by Nicholas Gruen in Club Troppo on 2011-12-21 13:31:08
    2. In Antitrust We (Do Not) Trust
      by Chris Colvin in NEP-HIS blog on 2012-07-17 22:44:37
  5. Josh Lerner & Ulrike Malmendier, 2010. "Contractibility and the Design of Research Agreements," American Economic Review, American Economic Association, vol. 100(1), pages 214-246, March.

    Mentioned in:

    1. “Contractability and the Design of Research Agreements,” J. Lerner & U. Malmendier (2010)
      by afinetheorem in A Fine Theorem on 2013-03-05 14:53:29
  6. Author Profile
    1. The Dynamics of Economic Dynamism
      by macroblog in Macroblog on 2013-09-24 00:21:15

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Josh Lerner & Ulrike Malmendier, 2010. "Contractibility and the Design of Research Agreements," American Economic Review, American Economic Association, vol. 100(1), pages 214-246, March.

    Mentioned in:

    1. Contractibility and the Design of Research Agreements (AER 2010) in ReplicationWiki ()

Working papers

  1. Nicholas Bloom & Tarek Alexander Hassan & Aakash Kalyani & Josh Lerner & Ahmed Tahoun, 2021. "The Diffusion of New Technologies," NBER Working Papers 28999, National Bureau of Economic Research, Inc.

    Cited by:

    1. Connor, Dylan Shane & Kemeny, Tom & Storper, Michael, 2023. "Frontier workers, and the seedbeds of inequality and prosperity," SocArXiv d93sj, Center for Open Science.
    2. Kristina McElheran & J. Frank Li & Erik Brynjolfsson & Zachary Krof & Emin Dinlersoz & Lucia Foster & Nikolas Zolas, 2023. "AI Adoption in America: Who, What, and Where," Working Papers 23-48, Center for Economic Studies, U.S. Census Bureau.
    3. Barbara Biasi & Song Ma, 2022. "The Education-Innovation Gap," CESifo Working Paper Series 9653, CESifo.
    4. Charles Hoffreumon & Chris Forman & Nicolas van Zeebroeck, 2024. "Make or buy your artificial intelligence? Complementarities in technology sourcing," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 33(2), pages 452-479, March.
    5. Fischer, Bruno & Meissner, Dirk & Vonortas, Nicholas & Guerrero, Maribel, 2022. "Spatial features of entrepreneurial ecosystems," Journal of Business Research, Elsevier, vol. 147(C), pages 27-36.
    6. Sanjay Kumar SINGH & Vijay Lakshmi SINGH, 2023. "Internet diffusion in India: A study based on Growth Curve modelling," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 15(2), pages 29-42, June.
    7. Petralia, Sergio & Kemeny, Thomas & Storper, Michael, 2023. "The transformative effects of tacit technological knowledge," LSE Research Online Documents on Economics 120154, London School of Economics and Political Science, LSE Library.
    8. Matthias Niggli & Christian Rutzer, 2023. "Digital technologies, technological improvement rates, and innovations “Made in Switzerland”," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 159(1), pages 1-31, December.

  2. Jessica Bai & Shai Bernstein & Abhishek Dev & Josh Lerner, 2021. "The Dance Between Government and Private Investors: Public Entrepreneurial Finance around the Globe," NBER Working Papers 28744, National Bureau of Economic Research, Inc.

    Cited by:

    1. Steven Poelhekke & Benjamin Wache, 2023. "The Impact of Venture Capital on Economic Growth," Tinbergen Institute Discussion Papers 23-050/VIII, Tinbergen Institute.
    2. Xiang Gao & Zhenhua Gu & Shuzhen Niu & Sunghan Ryu, 2022. "Effects of International Tourist Flow on Startup Financing: Investment Scope and Market Potential Perspectives," SAGE Open, , vol. 12(4), pages 21582440221, October.
    3. Berger, Marius & Hottenrott, Hanna, 2021. "Start-up subsidies and the sources of venture capital," Journal of Business Venturing Insights, Elsevier, vol. 16(C).

  3. Josh Lerner & Amit Seru & Nick Short & Yuan Sun, 2021. "Financial Innovation in the 21st Century: Evidence from U.S. Patents," NBER Working Papers 28980, National Bureau of Economic Research, Inc.

    Cited by:

    1. Unsal, Omer, 2023. "Corporate crimes and innovation: Evidence from US financial firms," Economic Modelling, Elsevier, vol. 120(C).

  4. Nicholas Bloom & Tarek Alexander Hassan & Aakash Kalyani & Josh Lerner & Ahmed Tahoun, 2021. "The diffusion of disruptive technologies," CEP Discussion Papers dp1798, Centre for Economic Performance, LSE.

    Cited by:

    1. Connor, Dylan Shane & Kemeny, Tom & Storper, Michael, 2023. "Frontier workers, and the seedbeds of inequality and prosperity," SocArXiv d93sj, Center for Open Science.
    2. Kristina McElheran & J. Frank Li & Erik Brynjolfsson & Zachary Krof & Emin Dinlersoz & Lucia Foster & Nikolas Zolas, 2023. "AI Adoption in America: Who, What, and Where," Working Papers 23-48, Center for Economic Studies, U.S. Census Bureau.
    3. Barbara Biasi & Song Ma, 2022. "The Education-Innovation Gap," CESifo Working Paper Series 9653, CESifo.
    4. Daron Acemoglu & Gary W. Anderson & David N. Beede & Catherine Buffington & Eric E. Childress & Emin Dinlersoz & Lucia S. Foster & Nathan Goldschlag & John C. Haltiwanger & Zachary Kroff & Pascual Res, 2022. "Automation and the Workforce: A Firm-Level View from the 2019 Annual Business Survey," NBER Chapters, in: Technology, Productivity, and Economic Growth, National Bureau of Economic Research, Inc.
    5. Charles Hoffreumon & Chris Forman & Nicolas van Zeebroeck, 2024. "Make or buy your artificial intelligence? Complementarities in technology sourcing," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 33(2), pages 452-479, March.
    6. Fischer, Bruno & Meissner, Dirk & Vonortas, Nicholas & Guerrero, Maribel, 2022. "Spatial features of entrepreneurial ecosystems," Journal of Business Research, Elsevier, vol. 147(C), pages 27-36.
    7. Sanjay Kumar SINGH & Vijay Lakshmi SINGH, 2023. "Internet diffusion in India: A study based on Growth Curve modelling," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 15(2), pages 29-42, June.
    8. Petralia, Sergio & Kemeny, Thomas & Storper, Michael, 2023. "The transformative effects of tacit technological knowledge," LSE Research Online Documents on Economics 120154, London School of Economics and Political Science, LSE Library.
    9. Matthias Niggli & Christian Rutzer, 2023. "Digital technologies, technological improvement rates, and innovations “Made in Switzerland”," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 159(1), pages 1-31, December.

  5. Sabrina T. Howell & Josh Lerner & Ramana Nanda & Richard R. Townsend, 2020. "How Resilient is Venture-Backed Innovation? Evidence from Four Decades of U.S. Patenting," NBER Working Papers 27150, National Bureau of Economic Research, Inc.

    Cited by:

    1. Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2020. "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," Mo.Fi.R. Working Papers 167, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    2. Gompers, Paul & Gornall, Will & Kaplan, Steven N. & Strebulaev, Ilya A., 2021. "Venture Capitalists and COVID-19," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 56(7), pages 2474-2499, November.
    3. Hoang, Huy Viet & Nguyen, Cuong & Nguyen, Duc Khuong, 2022. "Corporate immunity, national culture and stock returns: Startups amid the COVID-19 pandemic," International Review of Financial Analysis, Elsevier, vol. 79(C).
    4. Josh Lerner & Ramana Nanda, 2020. "Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn," NBER Working Papers 27492, National Bureau of Economic Research, Inc.
    5. Sara Amoroso & Roberto Martino, 2020. "Regulations and technology gap in Europe: the role of firm dynamics," JRC Working Papers on Corporate R&D and Innovation 2020-04, Joint Research Centre.
    6. Silvia Dalla Fontana & Ramana Nanda, 2022. "Innovating to Net Zero: Can Venture Capital and Start-Ups Play a Meaningful Role?," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 2, pages 79-105, National Bureau of Economic Research, Inc.
    7. Alekseeva, Liudmila & Fontana, Silvia Dalla & Genc, Caroline & Ranjbar, Hedieh Rashidi, 2022. "From in-person to online: the new shape of the VC industry," SocArXiv 3pc4z, Center for Open Science.
    8. Jagriti Srivastava & Balagopal Gopalakrishnan, 2021. "Work from home amenability and venture capital financing during COVID-19," Working papers 458, Indian Institute of Management Kozhikode.
    9. Michal Hrivnák & Peter Moritz & Marcela Chreneková, 2021. "What Kept the Boat Afloat? Sustainability of Employment in Knowledge-Intensive Sectors Due to Government Measures during COVID-19 Pandemic," Sustainability, MDPI, vol. 13(15), pages 1-21, July.
    10. Shai Bernstein & Richard R. Townsend & Ting Xu, 2020. "Flight to Safety: How Economic Downturns Affect Talent Flows to Startups," NBER Working Papers 27907, National Bureau of Economic Research, Inc.
    11. Brown, Ross & Rocha, Augusto, 2020. "Entrepreneurial uncertainty during the Covid-19 crisis: Mapping the temporal dynamics of entrepreneurial finance," Journal of Business Venturing Insights, Elsevier, vol. 14(C).

  6. Josh Lerner & Ramana Nanda, 2020. "Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn," NBER Working Papers 27492, National Bureau of Economic Research, Inc.

    Cited by:

    1. Scheuplein, Christoph, 2022. "Company Builder und ihre Beschäftigungswirkung in Deutschland," Forschung Aktuell 05/2022, Institut Arbeit und Technik (IAT), Westfälische Hochschule, University of Applied Sciences.
    2. Albert Banal-Estañol & Inés Macho-Stadler & Jonás Nieto-Postigo & David Pérez-Castrillo, 2019. "Early Individual Stakeholders, First Venture Capital Investment, and Exit in the UK Startup Ecosystem," Working Papers 1127, Barcelona School of Economics.
    3. Giulio Cornelli & Sebastian Doerr & Lavinia Franco & Jon Frost, 2021. "Funding for fintechs: patterns and drivers," BIS Quarterly Review, Bank for International Settlements, September.
    4. Berger, Marius & Hottenrott, Hanna, 2020. "Public subsidies and the sources of venture capital," ZEW Discussion Papers 20-086, ZEW - Leibniz Centre for European Economic Research.
    5. Michael Ewens & Joan Farre-Mensa, 2021. "Private or Public Equity? The Evolving Entrepreneurial Finance Landscape," NBER Working Papers 29532, National Bureau of Economic Research, Inc.
    6. Sarah Armitage & Noël Bakhtian & Adam B. Jaffe, 2023. "Innovation Market Failures and the Design of New Climate Policy Instruments," NBER Chapters, in: Environmental and Energy Policy and the Economy, volume 5, pages 4-48, National Bureau of Economic Research, Inc.
    7. Li Jing & Huying Zhang, 2023. "Venture Capital, Compensation Incentive, and Corporate Sustainable Development," Sustainability, MDPI, vol. 15(7), pages 1-19, March.
    8. Thomas Astebro & Serguey Braguinsky & Yuheng Ding, 2020. "Declining Business Dynamism Among Our Best Opportunities: The Role of the Burden of Knowledge," Working Papers hal-02988451, HAL.
    9. Child, John & Narooz, Rose & Hsieh, Linda & Elbanna, Said & Karmowska, Joanna & Marinova, Svetla & Puthusserry, Pushyarag & Tsai, Terence & Zhang, Yunlu, 2022. "External resource provision and the international performance of SMEs – A contextual analysis," Journal of International Management, Elsevier, vol. 28(3).
    10. Chiara Franzoni & Paula Stephan & Reinhilde Veugelers, 2022. "Funding Risky Research," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 1(1), pages 103-133.
    11. Bian, Bo & Li, Yingxiang & Nigro, Casimiro A., 2022. "Conflicting fiduciary duties and fire sales of VC-backed start-ups," LawFin Working Paper Series 35, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    12. Jochen Bigus & Florian Dreyer, 2023. "Country‐level Accounting Enforcement and IPO Underpricing," Abacus, Accounting Foundation, University of Sydney, vol. 59(3), pages 735-775, September.
    13. Kristina McElheran & J. Frank Li & Erik Brynjolfsson & Zachary Krof & Emin Dinlersoz & Lucia Foster & Nikolas Zolas, 2023. "AI Adoption in America: Who, What, and Where," Working Papers 23-48, Center for Economic Studies, U.S. Census Bureau.
    14. Yang, Qing & Huang, Ying Sophie & Guo, Feng & Zhang, Jindan & Zhao, Xiaoyang, 2023. "Does public policy towards venture capital promote local innovation? Evidence from China's establishment of fund town," Finance Research Letters, Elsevier, vol. 52(C).
    15. Douglas Cumming & Satish Kumar & Weng Marc Lim & Nitesh Pandey, 2023. "Mapping the venture capital and private equity research: a bibliometric review and future research agenda," Small Business Economics, Springer, vol. 61(1), pages 173-221, June.
    16. van den Heuvel, Matthias & Popp, David, 2023. "The role of venture capital and governments in clean energy: lessons from the first cleantech bubble," Energy Economics, Elsevier, vol. 124(C).
    17. Dushnitsky, Gary & Stroube, Bryan K., 2021. "Low-code entrepreneurship: Shopify and the alternative path to growth," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    18. Mayer, Simon, 2022. "Financing breakthroughs under failure risk," Journal of Financial Economics, Elsevier, vol. 144(3), pages 807-848.
    19. Stansbury, Anna & Turner, Dan & Balls, Ed, 2023. "Tackling the UK's Regional Economic Inequality: Binding Constraints and Avenues for Policy Intervention," SocArXiv d42xq, Center for Open Science.
    20. Amitabh Chandra & Courtney Coile & Corina Mommaerts, 2020. "What Can Economics Say About Alzheimer's Disease?," NBER Working Papers 27760, National Bureau of Economic Research, Inc.
    21. Camille Loir & Bertrand Groslambert, 2023. "The impact of innovation on the profitability of the biotech industry," Economics Bulletin, AccessEcon, vol. 43(3), pages 1286-1297.
    22. Welter, Chris & Holcomb, Tim R. & McIlwraith, John, 2023. "The inefficiencies of venture capital funding," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    23. Prado, Tiago S., 2021. "Kill Zones? Effects of Big Tech Start-up Acquisitions on Innovation," 23rd ITS Biennial Conference, Online Conference / Gothenburg 2021. Digital societies and industrial transformations: Policies, markets, and technologies in a post-Covid world 238049, International Telecommunications Society (ITS).
    24. Silvia Dalla Fontana & Ramana Nanda, 2022. "Innovating to Net Zero: Can Venture Capital and Start-Ups Play a Meaningful Role?," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 2, pages 79-105, National Bureau of Economic Research, Inc.
    25. Matteo Aquilina & Giulio Cornelli & Marina Sanchez del Villar, 2024. "Regulation, information asymmetries and the funding of new ventures," BIS Working Papers 1162, Bank for International Settlements.
    26. Franziska Cooiman, 2024. "Imprinting the economy: The structural power of venture capital," Environment and Planning A, , vol. 56(2), pages 586-602, March.
    27. Achrol, Ravi S. & Kotler, Philip, 2022. "Distributed marketing networks: The fourth industrial revolution," Journal of Business Research, Elsevier, vol. 150(C), pages 515-527.
    28. Berger, Marius & Hottenrott, Hanna, 2021. "Start-up subsidies and the sources of venture capital," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    29. Cooiman, Franziska, 2021. "Veni vidi VC – the backend of the digital economy and its political making," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue Latest Ar, pages 1-1.
    30. Caroline Tarillon & Han Yu & Ludivine Adla & Elodie Manthé & Geoffroy Enjolras, 2023. "Similarity is not everything: the influence of personal characteristics of entrepreneurs and investors on their fit," Post-Print hal-04016359, HAL.
    31. William H. Janeway & Ramana Nanda & Matthew Rhodes-Kropf, 2021. "Venture Capital Booms and Start-Up Financing," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 111-127, November.
    32. Joshua Krieger & Ramana Nanda & Ian Hunt & Aimee Reynolds & Peter Tarsa, 2022. "Scoring and Funding Breakthrough Ideas: Evidence from a Global Pharmaceutical Company," Harvard Business School Working Papers 23-014, Harvard Business School, revised Nov 2023.
    33. Jörn H. Block & Christian Fisch & Walter Diegel, 2024. "Schumpeterian entrepreneurial digital identity and funding from venture capital firms," The Journal of Technology Transfer, Springer, vol. 49(1), pages 119-157, February.
    34. Wang, Tao, 2023. "The ownership structure of corporate venture capital financing and innovation," Technovation, Elsevier, vol. 123(C).
    35. Judit Karsai, 2023. "The development of the Central and Eastern European venture capital market in Europe," CERS-IE WORKING PAPERS 2323, Institute of Economics, Centre for Economic and Regional Studies.
    36. Amitabh Chandra & Cirrus Foroughi & Lauren Mostrom, 2020. "Venture Capital-Led Entrepreneurship in Health Care," NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 475-498, National Bureau of Economic Research, Inc.
    37. Andrey Malenko & Ramana Nanda & Matthew Rhodes-Kropf & Savitar Sundaresan, 2021. "Catching Outliers: Committee Voting and the Limits of Consensus when Financing Innovation," Harvard Business School Working Papers 21-131, Harvard Business School, revised Nov 2023.
    38. Ronald Setty & Yuval Elovici & Dafna Schwartz, 2024. "Cost‐sensitive machine learning to support startup investment decisions," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 31(1), March.
    39. Ari Hyytinen & Petri Rouvinen & Mika Pajarinen & Joosua Virtanen, 2023. "Ex Ante Predictability of Rapid Growth: A Design Science Approach," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2465-2493, November.
    40. Lora Dimitrova & Sapnoti K Eswar, 2023. "Capital Gains Tax, Venture Capital, and Innovation in Start-Ups," Review of Finance, European Finance Association, vol. 27(4), pages 1471-1519.
    41. Prado, Tiago S. & Bauer, Johannes M., 2022. "Big Tech platform acquisitions of start-ups and venture capital funding for innovation," Information Economics and Policy, Elsevier, vol. 59(C).
    42. Boakye, Derrick & Sarpong, David & Mordi, Chima, 2022. "Regulatory review of new product innovation: Conceptual clarity and future research directions," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    43. Elena Yu. Makushina, 2022. "Disclosure by Venture Capital Funds Formed Under Investment Partnership Agreement," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 2, pages 113-129, April.
    44. Gonzalez-Uribe, Juanita & Hmaddi, Ouafaa, 2022. "The multi-dimensional impacts of business accelerators: what does the research tell us?," LSE Research Online Documents on Economics 115461, London School of Economics and Political Science, LSE Library.

  7. Ufuk Akcigit & Sina T. Ates & Josh Lerner & Richard R. Townsend & Yulia Zhestkova, 2020. "Fencing Off Silicon Valley: Cross-Border Venture Capital and Technology Spillovers," Working Papers 2020-136, Becker Friedman Institute for Research In Economics.

    Cited by:

    1. Harilal Krishna & Yash Kashyap & Dwarkeshwar Dutt & Ambuj D. Sagar & Abhishek Malhotra, 2023. "Understanding India’s low-carbon energy technology startup landscape," Nature Energy, Nature, vol. 8(1), pages 94-105, January.
    2. Sabrina T. Howell & Josh Lerner & Ramana Nanda & Richard R. Townsend, 2020. "How Resilient is Venture-Backed Innovation? Evidence from Four Decades of U.S. Patenting," NBER Working Papers 27150, National Bureau of Economic Research, Inc.

  8. Nicholas Bloom & Tarek A. Hassan & Aakash Kalyani & Josh Lerner & Ahmed Tahoun, 2020. "The Geography of New Technologies," Working Papers Series inetwp126, Institute for New Economic Thinking.

    Cited by:

    1. Karen Chapple & Laura Schmahmann, 2023. "Can we “Claim†the Workforce? A Labor-Focused Agenda for Economic Development in the Face of an Uncertain Future," Economic Development Quarterly, , vol. 37(1), pages 14-19, February.
    2. Enghin Atalay & Sebastian Sotelo & Daniel Tannenbaum, 2022. "The Geography of Job Tasks," Working Papers 187, Peruvian Economic Association.
    3. Gold, E. Richard, 2021. "The fall of the innovation empire and its possible rise through open science," Research Policy, Elsevier, vol. 50(5).
    4. Max Nathan & Henry G. Overman, 2021. "Will coronavirus cause a big city exodus?," CentrePiece - The magazine for economic performance 601, Centre for Economic Performance, LSE.

  9. Josh Lerner, 2020. "Government Incentives for Entrepreneurship," NBER Working Papers 26884, National Bureau of Economic Research, Inc.

    Cited by:

    1. Matthew R. Denes & Sabrina T. Howell & Filippo Mezzanotti & Xinxin Wang & Ting Xu, 2020. "Investor Tax Credits and Entrepreneurship: Evidence from U.S. States," NBER Working Papers 27751, National Bureau of Economic Research, Inc.
    2. Henrekson, Magnus & Stenkula, Mikael, 2023. "Bottom-up Policies Trump Top-down Missions," IZA Discussion Papers 16487, Institute of Labor Economics (IZA).
    3. Naudé, Wim, 2020. "Entrepreneurial Recovery from COVID-19: Decentralization, Democratization, Demand, Distribution, and Demography," GLO Discussion Paper Series 631, Global Labor Organization (GLO).
    4. Karen G. Mills & Annie V. Dang, 2021. "Panel Remarks: Creating “Smart” Policy to Promote Entrepreneurship and Innovation," NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 559-568, National Bureau of Economic Research, Inc.
    5. Slavtchev, Viktor & Wyrwich, Michael, 2023. "The effects of TV content on entrepreneurship: Evidence from German unification," Journal of Comparative Economics, Elsevier, vol. 51(2), pages 696-721.
    6. Slavtchev, Viktor & Wyrwich, Michael, 2017. "TV and entrepreneurship," IWH Discussion Papers 17/2017, Halle Institute for Economic Research (IWH).
    7. Fini, Riccardo & Perkmann, Markus & Kenney, Martin & Maki, Kanetaka M., 2023. "Are public subsidies effective for university spinoffs? Evidence from SBIR awards in the University of California system," Research Policy, Elsevier, vol. 52(1).

  10. Sabrina Howell & Josh Lerner & Ramana Nanda & Richard Townsend, 2020. "Financial Distancing: How Venture Capital Follows the Economy Down and Curtails Innovation," Harvard Business School Working Papers 20-115, Harvard Business School.

    Cited by:

    1. Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2020. "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," Mo.Fi.R. Working Papers 167, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    2. Gompers, Paul & Gornall, Will & Kaplan, Steven N. & Strebulaev, Ilya A., 2021. "Venture Capitalists and COVID-19," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 56(7), pages 2474-2499, November.
    3. Huang, Ying Sophie & Wu, Jiajia & Guo, Feng, 2022. "Venture capital staging under economic policy uncertainty," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 572-596.
    4. Ye Zhang, 2020. "Discrimination in the Venture Capital Industry: Evidence from Field Experiments," Papers 2010.16084, arXiv.org, revised Aug 2022.
    5. Yasar, Burze & Sevilay Yılmaz, Işıl & Hatipoğlu, Nurullah & Salih, Aslıhan, 2022. "Stretching the success in reward-based crowdfunding," Journal of Business Research, Elsevier, vol. 152(C), pages 205-220.
    6. Cristiano Bellavitis & Christian Fisch & Rod B. McNaughton, 2022. "COVID-19 and the global venture capital landscape," Small Business Economics, Springer, vol. 59(3), pages 781-805, October.
    7. Michael J. Andrews, 2021. "Historical patent data: A practitioner's guide," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(2), pages 368-397, May.
    8. Sabrina T. Howell & Jason Rathje & John Van Reenen & Jun Wong, 2021. "Opening up military innovation: causal effects of reforms to U.S. defense research," POID Working Papers 004, Centre for Economic Performance, LSE.
    9. Josh Lerner & Ramana Nanda, 2020. "Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn," NBER Working Papers 27492, National Bureau of Economic Research, Inc.
    10. Sara Amoroso & Roberto Martino, 2020. "Regulations and technology gap in Europe: the role of firm dynamics," JRC Working Papers on Corporate R&D and Innovation 2020-04, Joint Research Centre.
    11. Natee Amornsiripanitch & Paul A. Gompers & George Hu & Kaushik Vasudevan, 2021. "Getting Schooled: The Role of Universities in Attracting Immigrant Entrepreneurs," NBER Working Papers 28773, National Bureau of Economic Research, Inc.
    12. Jagriti Srivastava & Balagopal Gopalakrishnan, 2021. "Work from home amenability and venture capital financing during COVID-19," Working papers 458, Indian Institute of Management Kozhikode.
    13. Diekhof, Josefine & Krieger, Bastian & Licht, Georg & Rammer, Christian & Schmitt, Johannes & Stenke, Gero, 2021. "The impact of the Covid-19 crisis on innovation: First in-sights from the German business sector," ZEW Expert Briefs 21-06, ZEW - Leibniz Centre for European Economic Research.
    14. Engelberg, Joseph E. & Guzman, Jorge & Lu, Runjing & Mullins, William, 2021. "Partisan Entrepreneurship," SocArXiv qhs6j, Center for Open Science.
    15. Andrea Bellucci & Gianluca Gucciardi, 2023. "A Turning Point for Banking: Unravelling the Changing Landscape of Banking Activity in Europe since the COVID-19 pandemic," Mo.Fi.R. Working Papers 183, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    16. Duan, Yuejiao & El Ghoul, Sadok & Guedhami, Omrane & Li, Haoran & Li, Xinming, 2021. "Bank systemic risk around COVID-19: A cross-country analysis," Journal of Banking & Finance, Elsevier, vol. 133(C).
    17. Pontus Braunerhjelm, 2022. "Rethinking stabilization policies; Including supply-side measures and entrepreneurial processes," Small Business Economics, Springer, vol. 58(2), pages 963-983, February.
    18. Lora Dimitrova & Sapnoti K Eswar, 2023. "Capital Gains Tax, Venture Capital, and Innovation in Start-Ups," Review of Finance, European Finance Association, vol. 27(4), pages 1471-1519.
    19. Sabrina T. Howell & Jason Rathje & John Van Reenen & Jun Wong, 2021. "Opening up military innovation: causal effects of 'bottom-up' reforms to U.S. defense research," CEP Discussion Papers dp1760, Centre for Economic Performance, LSE.
    20. Wellalage, Nirosha Hewa & Kumar, Vijay & Hunjra, Ahmed Imran & Al-Faryan, Mamdouh Abdulaziz Saleh, 2022. "Environmental performance and firm financing during COVID-19 outbreaks: Evidence from SMEs," Finance Research Letters, Elsevier, vol. 47(PA).
    21. Shai Bernstein & Richard R. Townsend & Ting Xu, 2020. "Flight to Safety: How Economic Downturns Affect Talent Flows to Startups," NBER Working Papers 27907, National Bureau of Economic Research, Inc.
    22. Brown, Ross & Rocha, Augusto, 2020. "Entrepreneurial uncertainty during the Covid-19 crisis: Mapping the temporal dynamics of entrepreneurial finance," Journal of Business Venturing Insights, Elsevier, vol. 14(C).

  11. Steven J. Davis & John C. Haltiwanger & Kyle Handley & Ben Lipsius & Josh Lerner & Javier Miranda, 2019. "The (Heterogenous) Economic Effects of Private Equity Buyouts," NBER Working Papers 26371, National Bureau of Economic Research, Inc.

    Cited by:

    1. Paul Lavery & John Tsoukalas & Nick Wilson, 2024. "Private equity financing & firm productivity," Working Papers 041, The Productivity Institute.
    2. Paul Lavery & Marian-Eliza Spaliara, 2022. "Private equity buyouts & firm exporting during the global financial crisis," Working Papers 2022_09, Business School - Economics, University of Glasgow.
    3. Shai Bernstein & Josh Lerner & Filippo Mezzanotti, 2020. "Private Equity and Portfolio Companies: Lessons from the Global Financial Crisis," Journal of Applied Corporate Finance, Morgan Stanley, vol. 32(3), pages 21-42, September.
    4. WASHIMI Kazuaki, 2020. "Prospects of Private Equity Funds in Japan-Expectations toward Finance with Ideas and Commitment-," Bank of Japan Research Papers 20-12-11, Bank of Japan.
    5. Herrera-Echeverri, Hernan & Nandy, Debarshi K. & Fragua, Daniel, 2022. "The role of private equity investments on exports: Evidence from OECD countries," Journal of Multinational Financial Management, Elsevier, vol. 65(C).
    6. Ewens, Michael & Gupta, Arpit & Howell, Sabrina, 2021. "Local Journalism under Private Equity Ownership," SocArXiv 6ynf4, Center for Open Science.
    7. Paul Lavery & Jose-Maria Serena & Marina-Eliza Spaliara & Serafeim Tsoukas, 2021. "Private equity buyouts, credit constraints, and firm exports," Working Papers 2021_06, Business School - Economics, University of Glasgow.

  12. Josh Lerner & Antoinette Schoar & Jason Mao & Nan R. Zhang, 2018. "Investing Outside the Box: Evidence from Alternative Vehicles in Private Capital," NBER Working Papers 24941, National Bureau of Economic Research, Inc.

    Cited by:

    1. Begenau, Juliane & Siriwardane, Emil N, 2021. "How do private equity fees vary across public pensions?," CEPR Discussion Papers 15883, C.E.P.R. Discussion Papers.
    2. Josh Lerner & Ramana Nanda, 2020. "Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn," NBER Working Papers 27492, National Bureau of Economic Research, Inc.
    3. William H. Janeway & Ramana Nanda & Matthew Rhodes-Kropf, 2021. "Venture Capital Booms and Start-Up Financing," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 111-127, November.

  13. Lily Fang & Josh Lerner & Chaopeng Wu & Qi Zhang, 2018. "Corruption, Government Subsidies, and Innovation: Evidence from China," NBER Working Papers 25098, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hu, Yiming & Xu, Mingxia, 2021. "Xi's anti-corruption campaign and the speed of capital structure adjustment," Pacific-Basin Finance Journal, Elsevier, vol. 65(C).
    2. Chen, Shuai & Ge, Erqi, 2022. "The Anti-Corruption Campaign and the Inter-Generational Transmission of Working in Bureaucracy: Evidence from China," GLO Discussion Paper Series 1159, Global Labor Organization (GLO).
    3. Ouyang, Min & Zhang, Shengxing, 2020. "Corruption as Collateral," MPRA Paper 98635, University Library of Munich, Germany.
    4. Akcigit, Ufuk & Baslandze, Salomé & Lotti, Francesca, 2018. "Connecting to Power: Political Connections, Innovation, and Firm Dynamics," CEPR Discussion Papers 13216, C.E.P.R. Discussion Papers.
    5. Zhaohua Li & Xiaofei Pan, 2023. "Relationship investment and local corruption environment: Evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 63(4), pages 4597-4628, December.
    6. Xu, Yibin & Chen, Zhibin & Fan, Rui, 2023. "Highly skilled foreign labor introduction policies and corporate innovation: Evidence from a natural experiment in China," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 137-156.
    7. Stephan Heblich & Marlon Seror & Hao Xu & Stephan Yanos Zylberberg, 2019. "Industrial clusters in the long run: Evidence from Million-Rouble plants in China," Bristol Economics Discussion Papers 19/712, School of Economics, University of Bristol, UK.
    8. Olimpia Cutinelli Rendina, 2023. "Lobbying or Innovation: Who Does What Against Foreign Competition," Working Papers halshs-03970033, HAL.
    9. KAJITANI Kai & CHEN Kuang-hui & MITSUNAMI Kohei, 2022. "How Do Industrial Guidance Funds Affect the Performance of Chinese Enterprises?," Discussion papers 22110, Research Institute of Economy, Trade and Industry (RIETI).
    10. Yanyang Yan & Juan Wang & Sijia Qiao, 2022. "Effects of Industrial Policy on Firms’ Innovation Outputs: Evidence From China," SAGE Open, , vol. 12(3), pages 21582440221, September.
    11. Chen, Shenglan & Ma, Hui & Teng, Haimeng & Wu, Qiang, 2022. "Banking liberalization and corporate tax planning: Evidence from natural experiments," Journal of Corporate Finance, Elsevier, vol. 76(C).
    12. Arshed, Noman & Hanif, Nadia & Aziz, Osama & Croteau, Martin, 2022. "Exploring the potential of institutional quality in determining technological innovation," Technology in Society, Elsevier, vol. 68(C).
    13. Lu, Hongyou & Liu, Min & Song, Wenjing, 2022. "Place-based policies, government intervention, and regional innovation: Evidence from China's Resource-Exhausted City program," Resources Policy, Elsevier, vol. 75(C).
    14. Olimpia Cutinelli Rendina, 2023. "Lobbying or Innovation: Who Does What Against Foreign Competition," PSE Working Papers halshs-03970033, HAL.
    15. Alexandre, Fernando & Chaves, Miguel & Portela, Miguel, 2022. "Investment Grants and Firms' Productivity: How Effective Is a Grant Booster Shot?," IZA Discussion Papers 15779, Institute of Labor Economics (IZA).
    16. Böing, Philipp & Müller, Elisabeth, 2019. "Measuring China's patent quality: Development and validation of ISR indices," ZEW Discussion Papers 19-017, ZEW - Leibniz Centre for European Economic Research.
    17. Yang, Hao & Zhang, Qiusheng & Zhao, Xiaofang & Wang, Zhongchao, 2022. "Does political corruption affect mergers and acquisitions decisions? Evidence from China," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 248-266.
    18. Zhou, Mengling & Wang, Bing & Chen, Zhongfei, 2020. "Has the anti-corruption campaign decreased air pollution in China?," Energy Economics, Elsevier, vol. 91(C).
    19. Boeing, Philipp & Peters, Bettina, 2021. "A new China shock? The untold story of China's R&D subsidies," ZEW Expert Briefs 21-10, ZEW - Leibniz Centre for European Economic Research.
    20. Kejing Chen & Qiaoshuang Meng & Yutao Sun & Qingqing Wan, 2024. "How does industrial policy experimentation influence innovation performance? A case of Made in China 2025," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-17, December.
    21. Xin Pan & Xuanjin Chen & Paresha Sinha & Niannian Dong, 2020. "Are firms with state ownership greener? An institutional complexity view," Business Strategy and the Environment, Wiley Blackwell, vol. 29(1), pages 197-211, January.
    22. Bu, Di & Hanspal, Tobin & Liao, Yin, 2022. "Political corruption, trust, and household stock market participation," Journal of Banking & Finance, Elsevier, vol. 138(C).
    23. Wen Yue & Jianhua Wang, 2020. "Government Subsidies and Firm-Level Markups: Impact and Mechanism," Sustainability, MDPI, vol. 12(7), pages 1-21, March.
    24. Chen, Shuai & Ge, Erqi, 2022. "The Anti-Corruption Campaign and the Inter-Generational Transmission of Working in Bureaucracy: Evidence from China," IZA Discussion Papers 15569, Institute of Labor Economics (IZA).
    25. Gan Jin & Günther G. Schulze, 2024. "The Long-term Effect of Western Customs Institution on Firm Innovation in China," Discussion Paper Series 46 JEL Classification: N7, Department of International Economic Policy, University of Freiburg, revised Feb 2024.
    26. Dongmin Kong & Mengxu Xiong & Ni Qin, 2023. "Tax incentives and firm pollution," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 30(3), pages 784-813, June.
    27. Chen, Yongmin & Jiang, Haiwei & Liang, Yousha & Pan, Shiyuan, 2022. "The impact of foreign direct investment on innovation: Evidence from patent filings and citations in China," Journal of Comparative Economics, Elsevier, vol. 50(4), pages 917-945.
    28. Haiwei Jiang & Shiyuan Pan & Xiaomeng Ren, 2020. "Does Administrative Approval Impede Low-Quality Innovation? Evidence from Chinese Manufacturing Firms," Sustainability, MDPI, vol. 12(5), pages 1-22, March.
    29. Yang, Cheng & Zhang, Wenzhe & Sheng, Yan & Yang, Zhiqing, 2021. "Corruption and firm efforts on environmental protection: Evidence from a policy shock," Pacific-Basin Finance Journal, Elsevier, vol. 65(C).
    30. Zhang, Weike & Zhang, Xueyuan & Tian, Xiaoli & Sun, Fengwei, 2021. "Economic policy uncertainty nexus with corporate risk-taking: The role of state ownership and corruption expenditure," Pacific-Basin Finance Journal, Elsevier, vol. 65(C).
    31. Shu Meng & Xin Gao & Lianfeng Duan, 2022. "Facing the COVID-19 Pandemic and Developing a Sustainable Entrepreneurial Ecosystem: The Theory and Practice of Innovation and Entrepreneurship Policies in China," IJERPH, MDPI, vol. 19(14), pages 1-20, July.
    32. Hong Cheng & Hanbing Fan & Takeo Hoshi & Dezhuang Hu, 2019. "Do Innovation Subsidies Make Chinese Firms More Innovative? Evidence from the China Employer Employee Survey," NBER Working Papers 25432, National Bureau of Economic Research, Inc.
    33. Salome Baslandze, 2018. "Connecting to Power: Political Connections, Innovation, and Firm Dynamics," 2018 Meeting Papers 1036, Society for Economic Dynamics.

  14. Michael Webb & Nick Short & Nicholas Bloom & Josh Lerner, 2018. "Some Facts of High-Tech Patenting," NBER Working Papers 24793, National Bureau of Economic Research, Inc.

    Cited by:

    1. Li, Yingbo & Wei, Yigang & Li, Yan & Lei, Zhen & Ceriani, Alessandra, 2022. "Connecting emerging industry and regional innovation system: Linkages, effect and paradigm in China," Technovation, Elsevier, vol. 111(C).
    2. Mario Benassi & Elena Grinza & Francesco Rentocchini, 2020. "The rush for patents in the Fourth Industrial Revolution," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 47(4), pages 559-588, December.
    3. Mario Benassi & Elena Grinza & Francesco Rentocchini & Laura Rondi, 2022. "Patenting in 4IR technologies and firm performance [Robots and jobs: evidence from US labor markets]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 31(1), pages 112-136.
    4. Mario Benassi & Elena Grinza & Francesco Rentocchini & Laura Rondi, 2020. "Going Revolutionary: The Impact of 4IR Technology Development on Firm Performance," SEEDS Working Papers 0720, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Jul 2020.
    5. Giacomo Damioli & Vincent Van Roy & Daniel Vertesy & Marco Vivarelli, 2021. "Detecting the labour-friendly nature of AI product innovation," DISCE - Quaderni del Dipartimento di Politica Economica dipe0017, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    6. Minyuan Zhao, 2020. "China’s intellectual property rights policies: A strategic view," Journal of International Business Policy, Palgrave Macmillan, vol. 3(1), pages 73-77, March.
    7. Damioli, Giacomo & Van Roy, Vincent & Vertesy, Daniel & Vivarelli, Marco, 2021. "Will the AI revolution be labour-friendly? Some micro evidence from the supply side," MERIT Working Papers 2021-016, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    8. Damioli, G. & Van Roy, V. & Vertesy, D. & Vivarelli, M., 2021. "May AI revolution be labour-friendly? Some micro evidence from the supply side," GLO Discussion Paper Series 823, Global Labor Organization (GLO).
    9. Igna, Ioana & Venturini, Francesco, 2022. "The determinants of AI innovation across European firms," Papers in Innovation Studies 2022/3, Lund University, CIRCLE - Centre for Innovation Research.
    10. Naude, Wim & Dimitri, Nicola, 2018. "The race for an artificial general intelligence: Implications for public policy," MERIT Working Papers 2018-032, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    11. Chattergoon, B. & Kerr, W.R., 2022. "Winner takes all? Tech clusters, population centers, and the spatial transformation of U.S. invention," Research Policy, Elsevier, vol. 51(2).
    12. Alessandro Sterlacchini, 2022. "AI Patenting and Employment: Evidence from the World's Top R&D Investors," Working Papers 462, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    13. Jason M. Rathje & Riitta Katila, 2021. "Enabling Technologies and the Role of Private Firms: A Machine Learning Matching Analysis," Strategy Science, INFORMS, vol. 6(1), pages 5-21, March.
    14. Hugo Confraria & Vitor Hugo Ferreira & Manuel Mira Godinho, 2021. "Emerging 21st Century technologies: Is Europe still falling behind?," Working Papers REM 2021/0188, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    15. Venturini, Francesco, 2022. "Intelligent technologies and productivity spillovers: Evidence from the Fourth Industrial Revolution," Journal of Economic Behavior & Organization, Elsevier, vol. 194(C), pages 220-243.
    16. Chen, Feiqiong & Liu, Huiqian & Ge, Yuhao, 2021. "How does integration affect industrial innovation through networks in technology-sourcing overseas M&A? A comparison between China and the US," Journal of Business Research, Elsevier, vol. 122(C), pages 281-292.
    17. Alexander V. Giczy & Nicholas A. Pairolero & Andrew A. Toole, 2022. "Identifying artificial intelligence (AI) invention: a novel AI patent dataset," The Journal of Technology Transfer, Springer, vol. 47(2), pages 476-505, April.

  15. Bernstein, Shai & Dev, Abhishek & Lerner, Josh, 2018. "The Creation and Evolution of Entrepreneurial Public Markets," Research Papers 3759, Stanford University, Graduate School of Business.

    Cited by:

    1. Link, Albert & van Hasselt, Martijn & Vismara, Silvio, 2020. "Going Public with Public Money," UNCG Economics Working Papers 20-4, University of North Carolina at Greensboro, Department of Economics.
    2. Yuji Honjo & Koki Kurihara, 2023. "Graduation of initial public offering firms from junior stock markets: evidence from the Tokyo Stock Exchange," Small Business Economics, Springer, vol. 60(2), pages 813-841, February.
    3. Chemmanur, Thomas J. & Signori, Andrea & Vismara, Silvio, 2023. "The exit choices of European private firms: A dynamic empirical analysis," Journal of Financial Markets, Elsevier, vol. 65(C).
    4. Potts Mark D & Affholter Joseph A & Harless Sydney, 2021. "Entrepreneurship Factors Among Developed Countries and Emerging Regions," South East European Journal of Economics and Business, Sciendo, vol. 16(2), pages 82-100, December.
    5. Carpentier, Cécile & Suret, Jean-Marc, 2019. "On the performance of a stepping-stone market," Research in International Business and Finance, Elsevier, vol. 50(C), pages 226-239.
    6. Massimo G. Colombo & Benedetta Montanaro & Silvio Vismara, 2023. "What drives the valuation of entrepreneurial ventures? A map to navigate the literature and research directions," Small Business Economics, Springer, vol. 61(1), pages 59-84, June.
    7. Vincenzo Butticè & Silvio Vismara, 2022. "Inclusive digital finance: the industry of equity crowdfunding," The Journal of Technology Transfer, Springer, vol. 47(4), pages 1224-1241, August.
    8. Peter‐Jan Engelen & Michele Meoli & Andrea Signori & Silvio Vismara, 2020. "The effects of stricter regulation on the going public decision of small and knowledge‐intensive firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 47(1-2), pages 188-217, January.
    9. Alessandra Iannamorelli & Stefano Nobili & Antonio Scalia & Luana Zaccaria, 2021. "Asymmetric Information and Corporate Lending: Evidence from SMEs Bond Markets," EIEF Working Papers Series 2105, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2021.
    10. Fisch, Christian & Meoli, Michele & Vismara, Silvio & Block, Jörn H., 2022. "The effect of trademark breadth on IPO valuation and post-IPO performance: an empirical investigation of 1510 European IPOs," Journal of Business Venturing, Elsevier, vol. 37(5).
    11. Bessler, Wolfgang & Beyenbach, Johannes & Rapp, Marc Steffen & Vendrasco, Marco, 2021. "The global financial crisis and stock market migrations: An analysis of family and non-family firms in Germany," International Review of Financial Analysis, Elsevier, vol. 74(C).
    12. Fu, Xiaoqing Maggie & Harrison, Richard T. & Li, Dongfu Franco, 2022. "Venture capital investment in university spin-offs: Evidence from an emerging economy," Journal of Corporate Finance, Elsevier, vol. 74(C).
    13. Wolfgang Bessler & Johannes Beyenbach & Marc Steffen Rapp & Marco Vendrasco, 2023. "Why do firms down-list or exit from securities markets?," Review of Managerial Science, Springer, vol. 17(4), pages 1175-1211, May.

  16. Sergey Chernenko & Josh Lerner & Yao Zeng, 2017. "Mutual Funds as Venture Capitalists? Evidence from Unicorns," NBER Working Papers 23981, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ewens, Michael & Malenko, Nadya, 2020. "Board Dynamics over the Startup Life Cycle," SocArXiv t96yq, Center for Open Science.
    2. Michael Ewens & Joan Farre-Mensa, 2021. "Private or Public Equity? The Evolving Entrepreneurial Finance Landscape," NBER Working Papers 29532, National Bureau of Economic Research, Inc.
    3. Kuckertz, Andreas & Scheu, Maximilian & Davidsson, Per, 2023. "Chasing mythical creatures – A (not-so-sympathetic) critique of entrepreneurship's obsession with unicorn startups," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    4. Bian, Bo & Li, Yingxiang & Nigro, Casimiro A., 2022. "Conflicting fiduciary duties and fire sales of VC-backed start-ups," LawFin Working Paper Series 35, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    5. Lele Cao & Vilhelm von Ehrenheim & Sebastian Krakowski & Xiaoxue Li & Alexandra Lutz, 2022. "Using Deep Learning to Find the Next Unicorn: A Practical Synthesis," Papers 2210.14195, arXiv.org.
    6. Aggarwal, Dhruv & Eldar, Ofer & Hochberg, Yael V. & Litov, Lubomir P., 2022. "The rise of dual-class stock IPOs," Journal of Financial Economics, Elsevier, vol. 144(1), pages 122-153.
    7. Julian Kaboth & Arnd Lodowicks & Maximilian Schreiter & Bernhard Schwetzler, 2023. "Same same but different: how preferential claims trigger valuation discounts in equity tranches of VC-backed firms," Review of Quantitative Finance and Accounting, Springer, vol. 60(3), pages 877-914, April.
    8. Burström, Thommie & Lahti, Tom & Parida, Vinit & Wartiovaara, Markus & Wincent, Joakim, 2023. "A definition, review, and extension of global ecosystems theory: Trends, architecture and orchestration of global VCs and mechanisms behind unicorns," Journal of Business Research, Elsevier, vol. 157(C).
    9. Pop Izabela Luiza & Hordău Anne Marie, 2017. "Financial Investments in Romania. A Comparative Analysis between Open-end Mutual Funds and Bank Deposits," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 620-626, December.
    10. Gornall, Will & Strebulaev, Ilya A., 2020. "Squaring venture capital valuations with reality," Journal of Financial Economics, Elsevier, vol. 135(1), pages 120-143.
    11. Ewens, Michael & Farre-Mensa, Joan, 2019. "The Deregulation of the Private Equity Markets and the Decline in IPOs," SocArXiv 67uzb, Center for Open Science.
    12. William Gornall & Ilya A. Strebulaev, 2017. "Squaring Venture Capital Valuations with Reality," NBER Working Papers 23895, National Bureau of Economic Research, Inc.
    13. Agarwal, Vikas & Barber, Brad M. & Cheng, Si & Hameed, Allaudeen & Shanker, Harshini & Yasuda, Ayako, 2023. "Do investors overvalue startups? Evidence from the junior stakes of mutual funds," CFR Working Papers 23-04, University of Cologne, Centre for Financial Research (CFR).
    14. Vikas Agarwal & Brad Barber & Si Cheng & Allaudeen Hameed & Ayako Yasuda, 2023. "Private Company Valuations by Mutual Funds," Review of Finance, European Finance Association, vol. 27(2), pages 693-738.
    15. Li, Emma & Mao, Mike Qinghao & Zhang, Hong Feng & Zheng, Hao, 2023. "Banks’ investments in fintech ventures," Journal of Banking & Finance, Elsevier, vol. 149(C).
    16. Kang, Jun-Koo & Li, Yingxiang & Oh, Seungjoon, 2022. "Venture Capital Coordination in Syndicates, Corporate Monitoring, and Firm Performance," Journal of Financial Intermediation, Elsevier, vol. 50(C).
    17. Lele Cao & Gustaf Halvardsson & Andrew McCornack & Vilhelm von Ehrenheim & Pawel Herman, 2023. "Sourcing Investment Targets for Venture and Growth Capital Using Multivariate Time Series Transformer," Papers 2309.16888, arXiv.org.

  17. Bernstein, Shai & Lerner, Josh & Mezzanotti, Filippo, 2017. "Private Equity and Financial Fragility During the Crisis," Research Papers 3563, Stanford University, Graduate School of Business.

    Cited by:

    1. Paul Lavery & John Tsoukalas & Nick Wilson, 2024. "Private equity financing & firm productivity," Working Papers 041, The Productivity Institute.
    2. Sheeba Kapil & Vrinda Rawal, 2023. "Systematic Literature Review of Private Equity Determinants: Status, Evidence and Open Issues," Vision, , vol. 27(5), pages 567-581, November.
    3. Hellmann, Thomas & Thiele, Veikko, 2022. "May the force be with you: Investor power and company valuations," Journal of Corporate Finance, Elsevier, vol. 72(C).
    4. Steven J. Davis & John C. Haltiwanger & Kyle Handley & Ben Lipsius & Josh Lerner & Javier Miranda, 2021. "The economic effects of private equity buyouts," Jena Economics Research Papers 2021-013, Friedrich-Schiller-University Jena.
    5. Matthew R. Denes & Sabrina T. Howell & Filippo Mezzanotti & Xinxin Wang & Ting Xu, 2020. "Investor Tax Credits and Entrepreneurship: Evidence from U.S. States," NBER Working Papers 27751, National Bureau of Economic Research, Inc.
    6. Marina-Eliza Spaliara & Serafeim Tsoukas & Paul Lavery, 2021. "Private equity and bank capital requirements: Evidence from European firms," Working Papers 2021_11, Business School - Economics, University of Glasgow.
    7. Douglas Cumming & Satish Kumar & Weng Marc Lim & Nitesh Pandey, 2023. "Mapping the venture capital and private equity research: a bibliometric review and future research agenda," Small Business Economics, Springer, vol. 61(1), pages 173-221, June.
    8. Xiaolei Yang & Lingyun He & Sihua Tian & Yufei Xia & Deqing Wang, 2021. "Construction of China’s Green Institutional Environmental Index: Using Functional Data Analysis method," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 154(2), pages 559-582, April.
    9. Cristiano Bellavitis & Christian Fisch & Rod B. McNaughton, 2022. "COVID-19 and the global venture capital landscape," Small Business Economics, Springer, vol. 59(3), pages 781-805, October.
    10. Mao, Yifei, 2021. "Managing innovation: The role of collateral," Journal of Accounting and Economics, Elsevier, vol. 72(1).
    11. Sabrina Howell & Josh Lerner & Ramana Nanda & Richard Townsend, 2020. "Financial Distancing: How Venture Capital Follows the Economy Down and Curtails Innovation," Harvard Business School Working Papers 20-115, Harvard Business School.
    12. Cesare Fracassi & Alessandro Previtero & Albert W. Sheen, 2020. "Barbarians at the Store? Private Equity, Products, and Consumers," NBER Working Papers 27435, National Bureau of Economic Research, Inc.
    13. Bednarek, Peter & Briukhova, Olga & Ongena, Steven & von Westernhagen, Natalja, 2023. "Effects of bank capital requirements on lending by banks and non-bank financial institutions," Discussion Papers 26/2023, Deutsche Bundesbank.
    14. Sharjil M. Haque, 2023. "Does Private Equity Over-Lever Portfolio Companies?," Finance and Economics Discussion Series 2023-009, Board of Governors of the Federal Reserve System (U.S.).
    15. Sabrina T. Howell & Filippo Mezzanotti, 2019. "Financing Entrepreneurship through the Tax Code: Angel Investor Tax Credits," NBER Working Papers 26486, National Bureau of Economic Research, Inc.
    16. Neely, Megan Tobias & Carmichael, Donna, 2021. "Profiting on crisis: how predatory financial investors have worsened inequality in the coronavirus crisis," LSE Research Online Documents on Economics 112697, London School of Economics and Political Science, LSE Library.
    17. Sirio Aramonte & Fernando Avalos, 2021. "The rise of private markets," BIS Quarterly Review, Bank for International Settlements, December.
    18. Sabrina T. Howell & Josh Lerner & Ramana Nanda & Richard R. Townsend, 2020. "How Resilient is Venture-Backed Innovation? Evidence from Four Decades of U.S. Patenting," NBER Working Papers 27150, National Bureau of Economic Research, Inc.
    19. Paul Lavery & Marian-Eliza Spaliara, 2022. "Private equity buyouts & firm exporting during the global financial crisis," Working Papers 2022_09, Business School - Economics, University of Glasgow.
    20. Jörn H. Block & Christian Fisch & Walter Diegel, 2024. "Schumpeterian entrepreneurial digital identity and funding from venture capital firms," The Journal of Technology Transfer, Springer, vol. 49(1), pages 119-157, February.
    21. Fève, Patrick & Garcia, Pablo & Sahuc, Jean-Guillaume, 2017. "State-dependent risk taking and the transmission of monetary policy shocks," TSE Working Papers 17-872, Toulouse School of Economics (TSE).
    22. Sharjil M. Haque & Anya V. Kleymenova, 2023. "Private Equity and Debt Contract Enforcement: Evidence from Covenant Violations," Finance and Economics Discussion Series 2023-018, Board of Governors of the Federal Reserve System (U.S.).
    23. Qi Ban & Huiting Zhu, 2023. "Quality of Mandatory Social Responsibility Disclosure and Total Factor Productivity of Enterprises: Evidence from Chinese Listed Companies," Sustainability, MDPI, vol. 15(13), pages 1-22, June.
    24. Benjamin Hammer & Nils Janssen & Bernhard Schwetzler, 2021. "Cross-border buyout pricing," Journal of Business Economics, Springer, vol. 91(5), pages 705-731, July.
    25. Filippo Mezzanotti & Timothy Simcoe, 2023. "Research and/or Development? Financial Frictions and Innovation Investment," Working Papers 23-39, Center for Economic Studies, U.S. Census Bureau.
    26. Krämer-Eis, Helmut & Botsari, Antonia & Lang, Frank & Mandys, Filip, 2021. "EIF Private Equity Mid-Market Survey: Fund managers' perception of EIF's value added," EIF Working Paper Series 2021/77, European Investment Fund (EIF).
    27. Cesare Fracassi & Alessandro Previtero & Albert Sheen, 2022. "Barbarians at the Store? Private Equity, Products, and Consumers," Journal of Finance, American Finance Association, vol. 77(3), pages 1439-1488, June.
    28. Davis, Steven J. & Haltiwanger, John C. & Handley, Kyle & Lerner, Joshua & Lipsius, Ben & Miranda, Javier, 2022. "The (heterogenous) economic effects of private equity buyouts," IWH Discussion Papers 10/2022, Halle Institute for Economic Research (IWH).
    29. Paul Lavery & Jose-Maria Serena & Marina-Eliza Spaliara & Serafeim Tsoukas, 2021. "Private equity buyouts, credit constraints, and firm exports," Working Papers 2021_06, Business School - Economics, University of Glasgow.
    30. Atul Gupta & Sabrina T Howell & Constantine Yannelis & Abhinav Gupta, 2021. "Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes," Working Papers 2021-20, Becker Friedman Institute for Research In Economics.
    31. HONJO Yuji & IKEUCHI Kenta & NAKAMURA Hiroki, 2022. "Does risk aversion affect individuals’ actions and interests in angel investing? Empirical evidence from Japan," Discussion papers 22040, Research Institute of Economy, Trade and Industry (RIETI).
    32. Du, Brian & Serrano, Alejandro & Vianna, Andre, 2021. "Short-term institutions’ information advantage and overvaluation," The North American Journal of Economics and Finance, Elsevier, vol. 55(C).
    33. Seung Kwak & Charles Press, 2023. "Pre-LBO Credit Market Conditions and Post-LBO Target Behavior," Finance and Economics Discussion Series 2023-077, Board of Governors of the Federal Reserve System (U.S.).
    34. Conti, Annamaria & Dass, Nishant & Di Lorenzo, Francesco & Graham, Stuart J.H., 2019. "Venture capital investment strategies under financing constraints: Evidence from the 2008 financial crisis," Research Policy, Elsevier, vol. 48(3), pages 799-812.

  18. Josh Lerner & Amit Seru, 2017. "The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond," NBER Working Papers 24053, National Bureau of Economic Research, Inc.

    Cited by:

    1. Elisabeth Kempf & Oliver Spalt, 2023. "Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits," Management Science, INFORMS, vol. 69(3), pages 1805-1834, March.
    2. Alon Brav & Wei Jiang & Song Ma & Xuan Tian, 2016. "How Does Hedge Fund Activism Reshape Corporate Innovation?," NBER Working Papers 22273, National Bureau of Economic Research, Inc.
    3. Wehrheim, David & Dalay, Hakkı Doğan & Fosfuri, Andrea & Helmers, Christian, 2020. "How mixed ownership affects decision making in turbulent times: Evidence from the digital revolution in telecommunications," Journal of Corporate Finance, Elsevier, vol. 64(C).
    4. Zhang, Xiaoqian & Yu, Mingqiang & Chen, Gaoquan, 2020. "Does mixed-ownership reform improve SOEs' innovation? Evidence from state ownership," China Economic Review, Elsevier, vol. 61(C).
    5. Pian Shu & Claudia Steinwender, 2018. "The Impact of Trade Liberalization on Firm Productivity and Innovation," NBER Working Papers 24715, National Bureau of Economic Research, Inc.
    6. Stephen G. Dimmock & Jiekun Huang & Scott J. Weisbenner, 2022. "Give Me Your Tired, Your Poor, Your High-Skilled Labor: H-1B Lottery Outcomes and Entrepreneurial Success," Management Science, INFORMS, vol. 68(9), pages 6950-6970, September.
    7. Ching-Hung Chang & Qingqing Wu, 2021. "Board Networks and Corporate Innovation," Management Science, INFORMS, vol. 67(6), pages 3618-3654, June.
    8. Enrico Forti & Serena Morricone & Federico Munari, 2021. "Litigation risks and firms innovation dynamics after the IPO," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(2), pages 291-313, June.
    9. Ito, Keiko & Ikeuchi, Kenta & Daiko, Taro, 2021. "Global knowledge flow and Japanese multinational firms’ offshore R&D allocation and innovation," Japan and the World Economy, Elsevier, vol. 59(C).
    10. Kim, Yeong Jae, 2022. "The countervailing effects of stocks of knowledge on low-carbon innovation through international collaboration," Energy Policy, Elsevier, vol. 170(C).
    11. Mann, William, 2018. "Creditor rights and innovation: Evidence from patent collateral," Journal of Financial Economics, Elsevier, vol. 130(1), pages 25-47.
    12. Moshirian, Fariborz & Tian, Xuan & Zhang, Bohui & Zhang, Wenrui, 2021. "Stock market liberalization and innovation," Journal of Financial Economics, Elsevier, vol. 139(3), pages 985-1014.
    13. Cao, Chunfang & Li, Xiaohui & Li, Xiaoyang & Zeng, Cheng & Zhou, Xuan, 2021. "Diversity and inclusion: Evidence from corporate inventors," Journal of Empirical Finance, Elsevier, vol. 64(C), pages 295-316.
    14. David Autor & David Dorn & Gordon H. Hanson & Gary Pisano & Pian Shu, 2016. "Foreign Competition and Domestic Innovation: Evidence from U.S. Patents," NBER Working Papers 22879, National Bureau of Economic Research, Inc.
    15. Ullah, Barkat, 2021. "Does innovation explain the performance gap between privatized and private firms?," Journal of Economics and Business, Elsevier, vol. 113(C).
    16. Becker, Bo & Ivashina, Victoria, 2019. "Disruption and Credit Markets," CEPR Discussion Papers 13508, C.E.P.R. Discussion Papers.
    17. Emerson G. Escolar & Yasuaki Hiraoka & Mitsuru Igami & Yasin Ozcan, 2019. "Mapping Firms' Locations in Technological Space: A Topological Analysis of Patent Statistics," Papers 1909.00257, arXiv.org, revised Mar 2022.
    18. Pan, Xia & Cheng, Wenyin & Gao, Yuning, 2022. "The impact of privatization of state-owned enterprises on innovation in China: A tale of privatization degree," Technovation, Elsevier, vol. 118(C).
    19. Joan Farre-Mensa & Deepak Hegde & Alexander Ljungqvist, 2017. "What is a Patent Worth? Evidence from the U.S. Patent “Lottery”," NBER Working Papers 23268, National Bureau of Economic Research, Inc.
    20. Moretti, Enrico, 2019. "The Effect of High-Tech Clusters on the Productivity of Top Inventors," CEPR Discussion Papers 13992, C.E.P.R. Discussion Papers.
    21. Kempf, Elisabeth & Spalt, Oliver G., 2020. "Attracting the Sharks: Corporate Innovation and Securities Class Action Lawsuits," CEPR Discussion Papers 14358, C.E.P.R. Discussion Papers.
    22. Giulia Valacchi & Julio Raffo & Alica Daly & David Humphreys, 2019. "Innovation in the Mining Sector and Cycles in Commodity Prices," WIPO Economic Research Working Papers 55, World Intellectual Property Organization - Economics and Statistics Division.
    23. Tania Babina & Sabrina T. Howell, 2018. "Entrepreneurial Spillovers from Corporate R&D," NBER Working Papers 25360, National Bureau of Economic Research, Inc.
    24. Taalbi, Josef, 2019. "Innovation waves and technological transitions: Sweden, 1909-2016," Lund Papers in Economic History 196, Lund University, Department of Economic History.
    25. Aurora Liu Genin & Justin Tan & Juan Song, 2022. "Relational assets or liabilities? Competition, collaboration, and firm intellectual property breakthrough in the Chinese high-speed train sector," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(9), pages 1895-1923, December.
    26. Alica Daly & Giulia Valacchi & Julio Raffo, 2019. "Measuring Innovation in the Mining Industry with Patents," WIPO Economic Research Working Papers 56, World Intellectual Property Organization - Economics and Statistics Division.
    27. Chattergoon, B. & Kerr, W.R., 2022. "Winner takes all? Tech clusters, population centers, and the spatial transformation of U.S. invention," Research Policy, Elsevier, vol. 51(2).
    28. Francis, Bill B. & Kim, Incheol & Wang, Bin & Zhang, Zhengyi, 2018. "Labor law and innovation revisited," Journal of Banking & Finance, Elsevier, vol. 94(C), pages 1-15.
    29. Giulia Valacchi & Julio Raffo & Alica Daly & David Humphreys, 2023. "Mining innovation and economic cycles: how commodity prices affect mining related patenting?," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 36(3), pages 437-461, September.
    30. Cao, Xiaping & Cumming, Douglas & Zhou, Sili, 2020. "State ownership and corporate innovative efficiency," Emerging Markets Review, Elsevier, vol. 44(C).
    31. Griffin, Paul A. & Hong, Hyun A. & Ryou, Ji Woo, 2018. "Corporate innovative efficiency: Evidence of effects on credit ratings," Journal of Corporate Finance, Elsevier, vol. 51(C), pages 352-373.
    32. Tu Nguyen & Jing Zhao, 2021. "Industry tournament incentives and corporate innovation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(9-10), pages 1797-1845, October.
    33. Pintar, Nico & Scherngell, Thomas, 2022. "The complex nature of regional knowledge production: Evidence on European regions," Research Policy, Elsevier, vol. 51(8).
    34. Benjamin Balsmeier & Lee Fleming & Matt Marx & Seungryul Ryan Shin, 2020. "Skilled Human Capital and High-Growth Entrepreneurship: Evidence from Inventor Inflows," NBER Working Papers 27605, National Bureau of Economic Research, Inc.
    35. Rui Dai & Lawrence Donohue & Qingyi (Freda) Drechsler & Wei Jiang, 2023. "Dissemination, Publication, and Impact of Finance Research: When Novelty Meets Conventionality," Review of Finance, European Finance Association, vol. 27(1), pages 79-141.
    36. Joshua L. Krieger, 2021. "Trials and Terminations: Learning from Competitors’ R&D Failures," Management Science, INFORMS, vol. 67(9), pages 5525-5548, September.
    37. Yang, Huan, 2021. "Institutional dual holdings and risk-shifting: Evidence from corporate innovation," Journal of Corporate Finance, Elsevier, vol. 70(C).
    38. Valacchi, Giulia & Doytch, Nadia & Yonzan, Nishant, 2021. "Impact of outward foreign direct investments on patent activity of Greenfield multinationals," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    39. Xia Pan & Yuning Gao & Dong Guo & Wenyin Cheng, 2020. "Does Higher Education Promote Firm Innovation in China?," Sustainability, MDPI, vol. 12(18), pages 1-14, September.
    40. Chen, Jiyao & Shao, Diana & Fan, Shaokun, 2021. "Destabilization and consolidation: Conceptualizing, measuring, and validating the dual characteristics of technology," Research Policy, Elsevier, vol. 50(1).
    41. Filippo Mezzanotti & Timothy Simcoe, 2023. "Research and/or Development? Financial Frictions and Innovation Investment," Working Papers 23-39, Center for Economic Studies, U.S. Census Bureau.
    42. Rajaiya, Harshit, 2023. "Innovation Success and Capital Structure," Journal of Corporate Finance, Elsevier, vol. 79(C).
    43. Filippo Mezzanotti, 2021. "Roadblock to Innovation: The Role of Patent Litigation in Corporate R&D," Management Science, INFORMS, vol. 67(12), pages 7362-7390, December.
    44. Rosiello, Alessandro & Maleki, Ali, 2021. "A dynamic multi-sector analysis of technological catch-up: The impact of technology cycle times, knowledge base complexity and variety," Research Policy, Elsevier, vol. 50(3).
    45. Jiang, Jiaoliang, 2022. "Short selling and corporate diversification in emerging markets: Insights from controlling shareholder tunneling," Pacific-Basin Finance Journal, Elsevier, vol. 75(C).
    46. Christopher Kurzhals & Lorenz Graf‐Vlachy & Andreas König, 2020. "Strategic leadership and technological innovation: A comprehensive review and research agenda," Corporate Governance: An International Review, Wiley Blackwell, vol. 28(6), pages 437-464, November.
    47. Pu Liu & Yingying Shao, 2022. "Innovation and new business formation: the role of innovative large firms," Small Business Economics, Springer, vol. 59(2), pages 691-720, August.
    48. Kim, Jinhwan & Valentine, Kristen, 2021. "The innovation consequences of mandatory patent disclosures," Journal of Accounting and Economics, Elsevier, vol. 71(2).
    49. Wang, Lucy Xiaolu, 2022. "Global drug diffusion and innovation with the medicines patent pool," Journal of Health Economics, Elsevier, vol. 85(C).

  19. Josh Lerner & Haris Tabakovic & Jean Tirole, 2016. "Patent Disclosures and Standard-Setting," NBER Working Papers 22768, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dong HUO & Jiangwei DANG & MOTOHASHI Kazuyuki, 2019. "Empirical Analysis of License Policy for Declared Standard-essential Patents in Setting Technology Standards," Discussion papers 19023, Research Institute of Economy, Trade and Industry (RIETI).
    2. Lorenz Brachtendorf & Fabian Gaessler & Dietmar Harhoff, 2023. "Truly standard‐essential patents? A semantics‐based analysis," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 32(1), pages 132-157, January.
    3. Boone, Jan & Schuett, Florian & Tarantino, E., 2019. "Price Commitments in Standard Setting under Asymmetric Information," Other publications TiSEM b39207f5-f27a-451d-9e2e-d, Tilburg University, School of Economics and Management.
    4. Samano, Mario & Santugini, Marc, 2020. "Long-run market configurations in a dynamic quality-ladder model with externalities," Journal of Economic Dynamics and Control, Elsevier, vol. 117(C).
    5. Baron, Justus, 2020. "Counting standard contributions to measure the value of patent portfolios - A tale of apples and oranges," Telecommunications Policy, Elsevier, vol. 44(3).
    6. Rudi Bekkers & Christian Catalini & Arianna Martinelli & Cesare Righi & Timothy Simcoe, 2017. "Disclosure Rules and Declared Essential Patents," NBER Working Papers 23627, National Bureau of Economic Research, Inc.

  20. Steven N. Kaplan & Josh Lerner, 2016. "Venture Capital Data: Opportunities and Challenges," NBER Working Papers 22500, National Bureau of Economic Research, Inc.

    Cited by:

    1. Christopoulos, Dimitris & Köppl, Stefan & Köppl-Turyna, Monika, 2020. "Syndication networks and company survival: Evidence from European venture-capital deals," Working Papers 21, Agenda Austria.
    2. Raffaello Bronzini & Gianpaolo Caramellino & Silvia Magri, 2017. "Venture capitalists at work: what are the effects on the firms they finance?," Temi di discussione (Economic working papers) 1131, Bank of Italy, Economic Research and International Relations Area.
    3. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2019. "European Small Business Finance Outlook: June 2019," EIF Working Paper Series 2019/57, European Investment Fund (EIF).
    4. Albert Banal-Estañol & Inés Macho-Stadler & Jonás Nieto-Postigo & David Pérez-Castrillo, 2019. "Early Individual Stakeholders, First Venture Capital Investment, and Exit in the UK Startup Ecosystem," Working Papers 1127, Barcelona School of Economics.
    5. Rembrand Koning & Sharique Hasan & Aaron Chatterji, 2019. "Experimentation and Startup Performance: Evidence from A/B testing," NBER Working Papers 26278, National Bureau of Economic Research, Inc.
    6. Block, Joern & Fisch, Christian & Vismara, Silvio & Andres, René, 2019. "Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 329-352.
    7. Bronzini, Raffaello & Caramellino, Gianpaolo & Magri, Silvia, 2020. "Venture capitalists at work: A diff-in-diff approach at late-stages of the screening process," Journal of Business Venturing, Elsevier, vol. 35(3).
    8. Chen, Jun & Hshieh, Shenje & Zhang, Feng, 2021. "The role of high-skilled foreign labor in startup performance: Evidence from two natural experiments," Journal of Financial Economics, Elsevier, vol. 142(1), pages 430-452.
    9. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2017. "European Small Business Finance Outlook: December 2017," EIF Working Paper Series 2017/46, European Investment Fund (EIF).
    10. Esen, Tekin & Dahl, Michael S. & Sorenson, Olav, 2023. "Jockeys, horses or teams? The selection of startups by venture capitalists," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    11. Bian, Bo & Li, Yingxiang & Nigro, Casimiro A., 2022. "Conflicting fiduciary duties and fire sales of VC-backed start-ups," LawFin Working Paper Series 35, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    12. van den Heuvel, Matthias & Popp, David, 2023. "The role of venture capital and governments in clean energy: lessons from the first cleantech bubble," Energy Economics, Elsevier, vol. 124(C).
    13. Osborn, Tom L, 2019. "Africa joins the growth capital revolution: Examining the growth of venture capital in the continent," AfricArxiv 78smp, Center for Open Science.
    14. Nico Lehnertz & Carolin Plagmann & Eva Lutz, 2022. "Why deep pockets make great borrowers: an empirical analysis of venture loans," Journal of Business Economics, Springer, vol. 92(9), pages 1431-1453, November.
    15. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2019. "European Small Business Finance Outlook: December 2019," EIF Working Paper Series 2019/61, European Investment Fund (EIF).
    16. Becker, Bo & Ivashina, Victoria, 2019. "Disruption and Credit Markets," CEPR Discussion Papers 13508, C.E.P.R. Discussion Papers.
    17. Yan Alperovych & Xavier Mouchette, 2020. "Industry Concentration and Venture Capital Flows around the World," Post-Print hal-02567433, HAL.
    18. Tania Babina & Sabrina T. Howell, 2018. "Entrepreneurial Spillovers from Corporate R&D," NBER Working Papers 25360, National Bureau of Economic Research, Inc.
    19. Christian Hackober & Carolin Bock, 2021. "Which investors’ characteristics are beneficial for initial coin offerings? Evidence from blockchain technology-based firms," Journal of Business Economics, Springer, vol. 91(8), pages 1085-1124, October.
    20. Kwon, Sungjoung & Lowry, Michelle & Qian, Yiming, 2020. "Mutual fund investments in private firms," Journal of Financial Economics, Elsevier, vol. 136(2), pages 407-443.
    21. Giang Nguyen & My Nguyen & Anh Viet Pham & Man Duy Marty Pham, 2023. "Navigating investment decisions with social connectedness : Implications for venture capital," Post-Print hal-04325756, HAL.
    22. Annamaria Conti & Stuart J. H. Graham, 2020. "Valuable Choices: Prominent Venture Capitalists’ Influence on Startup CEO Replacements," Management Science, INFORMS, vol. 66(3), pages 1325-1350, March.
    23. Wright, Nataliya Langburd & Nagle, Frank & Greenstein, Shane, 2023. "Open source software and global entrepreneurship," Research Policy, Elsevier, vol. 52(9).
    24. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2018. "European Small Business Finance Outlook: December 2018," EIF Working Paper Series 2018/53, European Investment Fund (EIF).
    25. Jia, Ning & Wang, Dan, 2017. "Skin in the game: General partner capital commitment, investment behavior and venture capital fund performance," Journal of Corporate Finance, Elsevier, vol. 47(C), pages 110-130.
    26. Amitabh Chandra & Cirrus Foroughi & Lauren Mostrom, 2020. "Venture Capital-Led Entrepreneurship in Health Care," NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 475-498, National Bureau of Economic Research, Inc.
    27. Carolin Bock & Christian Hackober, 2020. "Unicorns—what drives multibillion-dollar valuations?," Business Research, Springer;German Academic Association for Business Research, vol. 13(3), pages 949-984, November.
    28. Edwards, Alexander & Todtenhaupt, Maximilian, 2018. "Capital gains taxation and funding for start-ups," ZEW Discussion Papers 18-046, ZEW - Leibniz Centre for European Economic Research.
    29. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2018. "European Small Business Finance Outlook: June 2018," EIF Working Paper Series 2018/50, European Investment Fund (EIF).
    30. Richard T Harrison & Babangida Yohanna & Yannis Pierrakis, 2020. "Internationalisation and localisation: Foreign venture capital investments in the United Kingdom," Local Economy, London South Bank University, vol. 35(3), pages 230-256, May.
    31. Massimiliano Guerini & Francesca Tenca, 2018. "The geography of technology-intensive start-ups and venture capital: European evidence," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 45(3), pages 361-386, September.
    32. Jeaneth Johansson & Malin Malmström & Joakim Wincent & Vinit Parida, 2021. "How individual cognitions overshadow regulations and group norms: a study of government venture capital decisions," Small Business Economics, Springer, vol. 56(2), pages 857-876, February.
    33. Dushnitsky, Gary & Yu, Lei, 2022. "Why do incumbents fund startups? A study of the antecedents of corporate venture capital in China," Research Policy, Elsevier, vol. 51(3).
    34. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2021. "European Small Business Finance Outlook 2021," EIF Working Paper Series 2021/75, European Investment Fund (EIF).
    35. Boris Mrkajic & Samuele Murtinu & Vittoria G. Scalera, 2019. "Is green the new gold? Venture capital and green entrepreneurship," Small Business Economics, Springer, vol. 52(4), pages 929-950, April.
    36. Nguyen, Giang & Nguyen, My & Pham, Anh Viet & Pham, Man Duy (Marty), 2023. "Navigating investment decisions with social connectedness: Implications for venture capital," Journal of Banking & Finance, Elsevier, vol. 155(C).
    37. Kraemer-Eis, Helmut & Lang, Frank & Torfs, Wouter & Gvetadze, Salome, 2017. "European Small Business Finance Outlook: June 2017," EIF Working Paper Series 2017/43, European Investment Fund (EIF).
    38. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2022. "European Small Business Finance Outlook 2022," EIF Working Paper Series 2022/84, European Investment Fund (EIF).

  21. Victoria Ivashina & Josh Lerner, 2016. "Pay Now or Pay Later?: The Economics within the Private Equity Partnership," NBER Working Papers 22660, National Bureau of Economic Research, Inc.

    Cited by:

    1. Iheanachor, Nkemdilim & Umukoro, Immanuel, 2022. "Partnerships in digital financial services: An exploratory study of providers in an emerging market," Journal of Business Research, Elsevier, vol. 152(C), pages 425-435.
    2. Bhanot, Karan & Kadapakkam, Palani-Rajan, 2022. "Pay for performance, partnership success, and the internal organization of venture capital firms," Journal of Corporate Finance, Elsevier, vol. 75(C).
    3. Dyaran Bansraj & Han Smit & Vadym Volosovych, 2020. "Can Private Equity Funds Act as Strategic Buyers? Evidence from Buy-and-Build Strategies," Tinbergen Institute Discussion Papers 20-041/IV, Tinbergen Institute.
    4. Ewens, Michael, 2022. "Race and Gender in Entrepreneurial Finance," SocArXiv djf8z, Center for Open Science.
    5. Jelic, Ranko & Zhou, Dan & Ahmad, Wasim, 2021. "Do stressed PE firms misbehave?," Journal of Corporate Finance, Elsevier, vol. 66(C).

  22. Lily Fang & Josh Lerner & Chaopeng Wu, 2016. "Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China," NBER Working Papers 22685, National Bureau of Economic Research, Inc.

    Cited by:

    1. Shen, Huayu & Lan, Fengyun & Xiong, Hao & Lv, Jun & Jian, Jianhui, 2020. "Does top management Team’s academic experience promote corporate innovation? Evidence from China," Economic Modelling, Elsevier, vol. 89(C), pages 464-475.
    2. Huang, Hua & Tao, Yunqing & Wang, Xueping & Feng, Chen & Ye, Yongwei, 2023. "Do board reforms in parent firms boost subsidiaries’ innovation?," Economic Modelling, Elsevier, vol. 125(C).
    3. Zhang, Xiang & Zhou, Han, 2022. "The effect of market competition on corporate cash holdings: An analysis of corporate innovation and financial constraint," International Review of Financial Analysis, Elsevier, vol. 82(C).
    4. Xiangchao Hao & Qingbin Meng & Kaijuan Gao & Kam C. Chan, 2020. "The impact of initial public offerings on innovations: Short‐termism or initial governance force exit?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(6), pages 924-942, September.
    5. Jingbo Cui & Zhenxuan Wang & Haishan Yu, 2022. "Can International Climate Cooperation Induce Knowledge Spillover to Developing Countries? Evidence from CDM," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(4), pages 923-951, August.
    6. Hu, Haiqing & Wei, Wei & Chang, Chun-Ping, 2022. "Examining the impact of extreme temperature on green innovation in China: Evidence from city-level data," Energy Economics, Elsevier, vol. 114(C).
    7. Feng, Yuan & Chen, Zhi & Nie, Changfei, 2023. "The effect of broadband infrastructure construction on urban green innovation: Evidence from a quasi-natural experiment in China," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 581-598.
    8. Lin William Cong & Sabrina T. Howell, 2021. "Policy Uncertainty and Innovation: Evidence from Initial Public Offering Interventions in China," Management Science, INFORMS, vol. 67(11), pages 7238-7261, November.
    9. Tuyen, Bui Quang & Phuong Anh, Do Vu & Mai, Nguyen Phuong & Long, To Quang, 2023. "Does corporate engagement in social responsibility affect firm innovation? The mediating role of digital transformation," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 292-303.
    10. Wehrheim, David & Dalay, Hakkı Doğan & Fosfuri, Andrea & Helmers, Christian, 2020. "How mixed ownership affects decision making in turbulent times: Evidence from the digital revolution in telecommunications," Journal of Corporate Finance, Elsevier, vol. 64(C).
    11. Zhi Cao & Yinping Mu, 2022. "Social and Environmental Regulations and Corporate Innovation," Sustainability, MDPI, vol. 14(23), pages 1-17, December.
    12. Fan, Yaoyao & Ly, Kim Cuong & Jiang, Yuxiang, 2023. "Institutional investor networks and firm innovation: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 89(C).
    13. Fan, Qingji & Kuper, Paul & Choi, Yun Hyeong & Choi, Seong-jin, 2021. "Does ICT development curb firms’ perceived corruption pressure? The contingent impact of institutional qualities and competitive conditions," Journal of Business Research, Elsevier, vol. 135(C), pages 496-507.
    14. Wang, Juxian & Ma, Mengdi & Dong, Tianyi & Zhang, Zheyuan, 2023. "Do ESG ratings promote corporate green innovation? A quasi-natural experiment based on SynTao Green Finance's ESG ratings," International Review of Financial Analysis, Elsevier, vol. 87(C).
    15. Huang, Ke & Zhu, Ying, 2022. "China’s secondary privatization and corporate investment efficiency," Research in International Business and Finance, Elsevier, vol. 61(C).
    16. Zhang, Ya-Feng & Li, Li-Ming & Xu, Ke, 2022. "Do specialized intellectual property courts show a pro-patent propensity? Evidence from China," International Review of Law and Economics, Elsevier, vol. 70(C).
    17. Zuo, Jingjing & Huang, Changqing & Qiu, Baoyin & Mai, Ruidong, 2023. "The construction of social credit system and corporate innovation: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 81(C).
    18. Kong, Dongmin & Zhang, Bohui & Zhang, Jian, 2022. "Higher education and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 72(C).
    19. Josh Lerner & Amit Seru, 2017. "The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond," NBER Working Papers 24053, National Bureau of Economic Research, Inc.
    20. Qing Wan & Xiaoke Cheng & Kam C. Chan & Shenghao Gao, 2021. "Born to innovate? The birth‐order effect of CEOs on corporate innovation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(9-10), pages 1846-1888, October.
    21. Dong Le & Fei Ren & Yiding Tang & Yuke Zhu, 2022. "The Effect of Environmental Policy Uncertainty on Enterprises’ Pollution Emissions: Evidence from Chinese Industrial Enterprise," IJERPH, MDPI, vol. 19(16), pages 1-22, August.
    22. Wenlong He & Zi-Lin He & Tony W. Tong, 2020. "Ownership Change and Firm Innovation: The Mediating Role of Interest Alignment," Strategy Science, INFORMS, vol. 5(1), pages 17-38, March.
    23. Lu, Yunguo & Zhang, Lin, 2022. "National mitigation policy and the competitiveness of Chinese firms," Energy Economics, Elsevier, vol. 109(C).
    24. Hu, Jun & Wu, Huiying & Ying, Sammy Xiaoyan, 2022. "Environmental regulation, market forces, and corporate environmental responsibility: Evidence from the implementation of cleaner production standards in China," Journal of Business Research, Elsevier, vol. 150(C), pages 606-622.
    25. Su, Zhiwei & Xue, Yi, 2023. "Takeover deterrence with state ownership: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 146(C).
    26. Yan Chen & Yingying Xin & Zhengying Luo & Min Han, 2021. "The Impact of Stable Customer Relationships on Enterprises’ Technological Innovation Based on the Mediating Effect of the Competitive Advantage of Enterprises," Sustainability, MDPI, vol. 13(7), pages 1-24, March.
    27. Minyuan Zhao, 2020. "China’s intellectual property rights policies: A strategic view," Journal of International Business Policy, Palgrave Macmillan, vol. 3(1), pages 73-77, March.
    28. Sarath Balachandran & Exequiel Hernandez, 2019. "Do Institutional Reforms Perpetuate or Mitigate the Matthew Effect? Intellectual Property Rights and Access to International Alliances," Strategy Science, INFORMS, vol. 4(2), pages 151-174, June.
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    6. Douglas J. Cumming & Alexander Groh, 2018. "Entrepreneurial finance : Unifying themes and future directions," Post-Print hal-02312152, HAL.
    7. Matthew R. Denes & Sabrina T. Howell & Filippo Mezzanotti & Xinxin Wang & Ting Xu, 2020. "Investor Tax Credits and Entrepreneurship: Evidence from U.S. States," NBER Working Papers 27751, National Bureau of Economic Research, Inc.
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    24. Karen G. Mills & Annie V. Dang, 2021. "Panel Remarks: Creating “Smart” Policy to Promote Entrepreneurship and Innovation," NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 559-568, National Bureau of Economic Research, Inc.
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    30. Douglas Cumming & Minjie Zhang, 2019. "Angel investors around the world," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(5), pages 692-719, July.
    31. Signori, Andrea, 2018. "Zero-revenue IPOs," International Review of Financial Analysis, Elsevier, vol. 57(C), pages 106-121.
    32. Jason Roderick Donaldson & Giorgia Piacentino & Anjan Thakor, 2021. "Intermediation Variety," Journal of Finance, American Finance Association, vol. 76(6), pages 3103-3152, December.
    33. Zhihui Sun & Dejun Wu & Min Zhang, 2021. "Better late than never? Corporate social responsibility engagement after product-harm crises," Asia Pacific Journal of Management, Springer, vol. 38(4), pages 1209-1259, December.
    34. Cipollone, Angela & Giordani, Paolo E., 2019. "Entrepreneurs meet financiers: Evidence from the business angel market," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    35. Shai Bernstein & Abhishek Dev & Josh Lerner, 2018. "The Creation and Evolution of Entrepreneurial Public Markets," NBER Working Papers 25414, National Bureau of Economic Research, Inc.
    36. Jian Jia & Ginger Zhe Jin & Liad Wagman, 2018. "The Short-Run Effects of GDPR on Technology Venture Investment," NBER Working Papers 25248, National Bureau of Economic Research, Inc.
    37. Christian Catalini & Jorge Guzman & Scott Stern, 2019. "Passive Versus Active Growth: Evidence from Founder Choices and Venture Capital Investment," NBER Working Papers 26073, National Bureau of Economic Research, Inc.
    38. Cavallo, Angelo & Ghezzi, Antonio & Dell'Era, Claudio & Pellizzoni, Elena, 2019. "Fostering digital entrepreneurship from startup to scaleup: The role of venture capital funds and angel groups," Technological Forecasting and Social Change, Elsevier, vol. 145(C), pages 24-35.
    39. Gvetadze, Salome & Pal, Kristian & Torfs, Wouter, 2020. "The business angel portfolio under the European Angels Fund: An empirical analysis," EIF Working Paper Series 2020/62, European Investment Fund (EIF).
    40. Engineer, Merwan H. & Schure, Paul & Vo, Dan H., 2019. "Hide and seek search: Why angels hide and entrepreneurs seek," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 523-540.
    41. Krämer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2023. "The European Small Business Finance Outlook 2023," EIF Working Paper Series 2023/96, European Investment Fund (EIF).
    42. Erin L. Scott & Pian Shu & Roman M. Lubynsky, 2020. "Entrepreneurial Uncertainty and Expert Evaluation: An Empirical Analysis," Management Science, INFORMS, vol. 66(3), pages 1278-1299, March.
    43. Cowling, Marc & Brown, Ross & Lee, Neil, 2021. "The geography of business angel investments in the UK: does local bias (still) matter?," LSE Research Online Documents on Economics 107814, London School of Economics and Political Science, LSE Library.
    44. Cumming, Douglas & Zhang, Yelin, 2016. "Alternative investments in emerging markets: A review and new trends," Emerging Markets Review, Elsevier, vol. 29(C), pages 1-23.
    45. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2021. "European Small Business Finance Outlook 2021," EIF Working Paper Series 2021/75, European Investment Fund (EIF).
    46. Alt, Marius & Berger, Marius & Bersch, Johannes, 2023. "Investor responses to information updates on peer behavior and public investment policy: The case of green investments," ZEW Discussion Papers 23-024, ZEW - Leibniz Centre for European Economic Research.
    47. Douglas Cumming & Minjie Zhang, 2023. "Bankruptcy law and angel investors around the world," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(7), pages 1256-1277, September.
    48. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2022. "European Small Business Finance Outlook 2022," EIF Working Paper Series 2022/84, European Investment Fund (EIF).

  24. Josh Lerner & Antoinette Schoar & Stanislav Sokolinski & Karen E. Wilson, 2015. "The globalisation of angel investments," Working Papers 9284, Bruegel.

    Cited by:

    1. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2019. "European Small Business Finance Outlook: June 2019," EIF Working Paper Series 2019/57, European Investment Fund (EIF).
    2. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2019. "European Small Business Finance Outlook: December 2019," EIF Working Paper Series 2019/61, European Investment Fund (EIF).
    3. Gonzalez-Uribe, Juanita & Leatherbee, Michael, 2018. "The effects of business accelerators on venture performance: evidence from start-up Chile," LSE Research Online Documents on Economics 84553, London School of Economics and Political Science, LSE Library.
    4. Colin Mason & Tiago Botelho & Richard Harrison, 2016. "The transformation of the business angel market: empirical evidence and research implications," Venture Capital, Taylor & Francis Journals, vol. 18(4), pages 321-344, October.
    5. Cipollone, Angela & Giordani, Paolo E., 2019. "Entrepreneurs meet financiers: Evidence from the business angel market," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    6. Krämer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2023. "The European Small Business Finance Outlook 2023," EIF Working Paper Series 2023/96, European Investment Fund (EIF).
    7. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2021. "European Small Business Finance Outlook 2021," EIF Working Paper Series 2021/75, European Investment Fund (EIF).
    8. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2022. "European Small Business Finance Outlook 2022," EIF Working Paper Series 2022/84, European Investment Fund (EIF).

  25. Josh Lerner & Greg Rafert, 2015. "Lost in the Clouds: The Impact of Changing Property Rights on Investment in Cloud Computing Ventures," NBER Working Papers 21140, National Bureau of Economic Research, Inc.

    Cited by:

    1. William J. Luther, 2022. "Regulatory ambiguity in the market for bitcoin," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(1), pages 1-14, March.

  26. Lerner, Josh, 2014. "Entrepreneurship, public policy, and cities," Policy Research Working Paper Series 6880, The World Bank.

    Cited by:

    1. Karsai, Judit, 2015. "Állami szerepvállalás a kelet-közép-európai kockázatitőke-piacon [The role of government in the Central and East European venture-capital market]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1172-1195.
    2. Judit Karsai, 2015. "Are CEE states successful as venture capitalists?," CERS-IE WORKING PAPERS 1539, Institute of Economics, Centre for Economic and Regional Studies.

  27. Lily Fang & Victoria Ivashina & Josh Lerner, 2013. "The Disintermediation of Financial Markets: Direct Investing in Private Equity," NBER Working Papers 19299, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ewens, Michael & Malenko, Nadya, 2020. "Board Dynamics over the Startup Life Cycle," SocArXiv t96yq, Center for Open Science.
    2. Harris, Robert S. & Jenkinson, Tim & Kaplan, Steven N. & Stucke, Ruediger, 2018. "Financial intermediation in private equity: How well do funds of funds perform?," Journal of Financial Economics, Elsevier, vol. 129(2), pages 287-305.
    3. Aleksandar Andonov & Roman Kräussl & Joshua Rauh & Stijn Van Nieuwerburgh, 2021. "Institutional Investors and Infrastructure Investing [Pension fund asset allocation and liability discount rates]," The Review of Financial Studies, Society for Financial Studies, vol. 34(8), pages 3880-3934.
    4. Brown, Gregory & Harris, Robert & Hu, Wendy & Jenkinson, Tim & Kaplan, Steven N. & Robinson, David T., 2021. "Can investors time their exposure to private equity?," Journal of Financial Economics, Elsevier, vol. 139(2), pages 561-577.
    5. Soh Young In & Ashby H. B. Monk & Janelle Knox-Hayes, 2020. "Financing Energy Innovation: The Need for New Intermediaries in Clean Energy," Sustainability, MDPI, vol. 12(24), pages 1-25, December.
    6. Begenau, Juliane & Siriwardane, Emil N, 2021. "How do private equity fees vary across public pensions?," CEPR Discussion Papers 15883, C.E.P.R. Discussion Papers.
    7. Adriaens, Peter & Tahvanainen, Antti-Jussi, . "Financial Technology for Industrial Renewal," ETLA B, The Research Institute of the Finnish Economy, number 272.
    8. Da Rin, M. & Phalippou, L., 2014. "There is Something Special About Large Investors : Evidence From a Survey of Private Equity Limited Partners," Discussion Paper 2014-010, Tilburg University, Tilburg Law and Economic Center.
    9. Josh Lerner & Ramana Nanda, 2020. "Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn," NBER Working Papers 27492, National Bureau of Economic Research, Inc.
    10. Waheed CHICKTAY & Brian BARNARD, 2019. "Venture Capital Process: Opportunity Selection, Monitoring, Capital Rationing, and Deal Flow," Expert Journal of Finance, Sprint Investify, vol. 7(1), pages 22-38.
    11. Da Rin, Marco & Phalippou, Ludovic, 2017. "The importance of size in private equity: Evidence from a survey of limited partners," Journal of Financial Intermediation, Elsevier, vol. 31(C), pages 64-76.
    12. Prothit Sen & Phanish Puranam, 2022. "Do Alliance portfolios encourage or impede new business practice adoption? Theory and evidence from the private equity industry," Strategic Management Journal, Wiley Blackwell, vol. 43(11), pages 2279-2312, November.
    13. Braun, Reiner & Jenkinson, Tim & Schemmerl, Christoph, 2020. "Adverse selection and the performance of private equity co-investments," Journal of Financial Economics, Elsevier, vol. 136(1), pages 44-62.
    14. William H. Janeway & Ramana Nanda & Matthew Rhodes-Kropf, 2021. "Venture Capital Booms and Start-Up Financing," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 111-127, November.
    15. Tereza Tykvová, 2018. "Venture capital and private equity financing: an overview of recent literature and an agenda for future research," Journal of Business Economics, Springer, vol. 88(3), pages 325-362, May.
    16. Andonov, Aleksandar & Eichholtz, Piet & Kok, Nils, 2015. "Intermediated investment management in private markets: Evidence from pension fund investments in real estate," Journal of Financial Markets, Elsevier, vol. 22(C), pages 73-103.
    17. Naqvi, Bushra & Rizvi, S.K.A. & Uqaili, Hina Ahmed & Chaudhry, S.M., 2018. "What enables Islamic banks to contribute in global financial reintermediation?," Pacific-Basin Finance Journal, Elsevier, vol. 52(C), pages 5-25.
    18. Davis, Steven J. & Haltiwanger, John C. & Handley, Kyle & Lerner, Joshua & Lipsius, Ben & Miranda, Javier, 2022. "The (heterogenous) economic effects of private equity buyouts," IWH Discussion Papers 10/2022, Halle Institute for Economic Research (IWH).
    19. Lerner, Josh & Mao, Jason & Schoar, Antoinette & Zhang, Nan R., 2022. "Investing outside the box: Evidence from alternative vehicles in private equity," Journal of Financial Economics, Elsevier, vol. 143(1), pages 359-380.
    20. Hammer, Benjamin & Knauer, Alexander & Pflücke, Magnus & Schwetzler, Bernhard, 2017. "Inorganic growth strategies and the evolution of the private equity business model," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 31-63.

  28. Lerner, Josh & Tirole, Jean, 2013. "Standard-Essential Patents," IDEI Working Papers 803, Institut d'Économie Industrielle (IDEI), Toulouse, revised 13 Mar 2014.

    Cited by:

    1. Stephen L. Jones & Aija Leiponen & Gurneeta Vasudeva, 2021. "The evolution of cooperation in the face of conflict: Evidence from the innovation ecosystem for mobile telecom standards development," Strategic Management Journal, Wiley Blackwell, vol. 42(4), pages 710-740, April.
    2. Pierre Larouche & Florian Schuett, 2019. "Repeated interaction in standard setting," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(3), pages 488-509, June.
    3. Kwon, Deuksin & Lee, Ha Young & Cho, Joon Hyung & Sohn, So Young, 2023. "Effect of an open patent pool strategy on technology innovation in terms of creating shared value," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    4. Xin Deng & Cher Li & Simona Mateut, 2020. "Participation in setting technology standards and the implied cost of equity," Discussion Papers 2020-29, University of Nottingham, GEP.
    5. de Rassenfosse, Gaetan & Higham, Kyle, 2019. "Decentralising the Patent System," SocArXiv qzmf8, Center for Open Science.
    6. Wipusanawan, Chayanin, 2023. "Standard-essential patents, innovation, and competition," Other publications TiSEM 292e319a-9e6a-4465-8f8f-7, Tilburg University, School of Economics and Management.
    7. Gallini, Nancy, 2014. "Cooperating with competitors: Patent pooling and choice of a new standard," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 4-21.
    8. Blind, Knut & Pohlisch, Jakob & Zi, Aikaterini, 2018. "Publishing, patenting, and standardization: Motives and barriers of scientists," Research Policy, Elsevier, vol. 47(7), pages 1185-1197.
    9. Balzer, Benjamin & Schneider, Johannes, 2021. "Persuading to participate: Coordination on a standard," International Journal of Industrial Organization, Elsevier, vol. 78(C).
    10. Fu, Xiao & Tan, Guofu & Wang, Jin, 2023. "Policy orientations and technology choices in standards wars," International Journal of Industrial Organization, Elsevier, vol. 88(C).
    11. Julia Schmidt & Walter Steingress, 2019. "No Double Standards: Quantifying the Impact of Standard Harmonization on Trade," Staff Working Papers 19-36, Bank of Canada.
    12. Blind, Knut & Krieger, Bastian & Pellens, Maikel, 2022. "The interplay between product innovation, publishing, patenting and developing standards," Research Policy, Elsevier, vol. 51(7).
    13. Llobet, Gerard & Padilla, Jorge, 2021. "A Theory of Socially-Inefficient Patent Holdout," CEPR Discussion Papers 16714, C.E.P.R. Discussion Papers.
    14. Hoisl, Karin & Stelzer, Tobias & Biala, Stefanie, 2015. "Forecasting technological discontinuities in the ICT industry," Research Policy, Elsevier, vol. 44(2), pages 522-532.
    15. Chryssoula Pentheroudakis & Justus A. Baron, 2016. "Licensing Terms of Standard Essential Patents: A Comprehensive Analysis of Cases," JRC Research Reports JRC104068, Joint Research Centre.
    16. Alexei Alexandrov & Russell Pittman & Olga Ukhaneva, 2018. "Pricing of Complements in the U.S. Freight Railroads: Cournot Versus Coase," EAG Discussions Papers 201801, Department of Justice, Antitrust Division.
    17. Lorenz Brachtendorf & Fabian Gaessler & Dietmar Harhoff, 2023. "Truly standard‐essential patents? A semantics‐based analysis," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 32(1), pages 132-157, January.
    18. Hougaard, Jens Leth & Ko, Chiu Yu & Zhang, Xuyao, 2023. "A conceptual model for FRAND royalty setting," Mathematical Social Sciences, Elsevier, vol. 123(C), pages 167-176.
    19. Stefano Comino & Fabio Maria Manenti, 2015. "Intellectual Property and Innovation in Information and Communication Technology (ICT)," JRC Research Reports JRC97541, Joint Research Centre.
    20. Adrien HERVOUET & Emmanuel LORENZON & Cesare RIGHI & Valerio STERZI, 2023. "Patent Privateering," Bordeaux Economics Working Papers 2023-10, Bordeaux School of Economics (BSE).
    21. Cameron D. Miller & Puay Khoon Toh, 2022. "Complementary components and returns from coordination within ecosystems via standard setting," Strategic Management Journal, Wiley Blackwell, vol. 43(3), pages 627-662, March.
    22. Kang, Byeongwoo & Bekkers, Rudi, 2015. "Just-in-time patents and the development of standards," Research Policy, Elsevier, vol. 44(10), pages 1948-1961.
    23. Henrik Horn, 2023. "International Jurdisdiction Over Standard-Essential Patents," RSCAS Working Papers 2023/19, European University Institute.
    24. Wipusanawan, Chayanin, 2020. "Standard-Essential Patents and Incentives for Innovation," Discussion Paper 2020-025, Tilburg University, Tilburg Law and Economic Center.
    25. Committee, Nobel Prize, 2014. "Market power and regulation (scientific background)," Nobel Prize in Economics documents 2014-2, Nobel Prize Committee.
    26. Baron, Justus, 2020. "Counting standard contributions to measure the value of patent portfolios - A tale of apples and oranges," Telecommunications Policy, Elsevier, vol. 44(3).
    27. Wipusanawan, Chayanin, 2020. "Standard-Essential Patents and Incentives for Innovation," Other publications TiSEM 9ea6a894-ac05-413d-8c2d-0, Tilburg University, School of Economics and Management.
    28. Wipusanawan, Chayanin, 2020. "Standard-Essential Patents and Incentives for Innovation," Other publications TiSEM 5bbcc50b-2497-43a4-bba6-f, Tilburg University, School of Economics and Management.
    29. Cesare Righi & Timothy Simcoe, 2022. "Patenting Inventions or Inventing Patents? Continuation Practice at the USPTO," Working Papers 1320, Barcelona School of Economics.
    30. Cesare Righi & Timothy Simcoe, 2020. "Patenting Inventions or Inventing Patents? Continuation Practice at the USPTO," NBER Working Papers 27686, National Bureau of Economic Research, Inc.
    31. Fiedler, Clemens & Larrain, Maria & Prüfer, Jens, 2023. "Membership, governance, and lobbying in standard-setting organizations," Research Policy, Elsevier, vol. 52(6).
    32. Shohei Yoshida, 2018. "Bargaining power and firm profits in asymmetric duopoly: an inverted-U relationship," Journal of Economics, Springer, vol. 124(2), pages 139-158, June.
    33. Rasmus Arler Bogetoft & Peter Bogetoft, 2022. "Market entrance, patents, and preliminary injunctions: a model of pharmaceutical patent litigation," European Journal of Law and Economics, Springer, vol. 53(3), pages 379-423, June.
    34. Harhoff, Dietmar & Brachtendorf, Lorenz & Gaessler, Fabian, 2020. "Truly Standard-Essential Patents? A Semantics-Based Analysis," CEPR Discussion Papers 14726, C.E.P.R. Discussion Papers.
    35. Baron, Justus & Pohlmann, Tim & Blind, Knut, 2016. "Essential patents and standard dynamics," Research Policy, Elsevier, vol. 45(9), pages 1762-1773.
    36. Justus Baron & Daniel F. Spulber, 2018. "Technology Standards and Standard Setting Organizations: Introduction to the Searle Center Database," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(3), pages 462-503, September.
    37. Justus Baron & Cher Li & Shukhrat Nasirov, 2019. "Why do R&D-intensive firms participate in standards organizations? The role of patents and product-market position," Discussion Papers 2019-16, University of Nottingham, GEP.
    38. von Laer, Maximilian & Blind, Knut & Ramel, Florian, 2022. "Standard essential patents and global ICT value chains with a focus on the catching-up of China," Telecommunications Policy, Elsevier, vol. 46(2).
    39. Spulber, Daniel F., 2016. "Patent licensing and bargaining with innovative complements and substitutes," Research in Economics, Elsevier, vol. 70(4), pages 693-713.
    40. Brander, James A. & Spencer, Barbara J., 2023. "Intellectual property infringement by foreign firms: Import protection through the ITC or court," Journal of International Economics, Elsevier, vol. 140(C).
    41. Gaétan de Rassenfosse & Emilio Raiteri & Rudi Bekkers, 2023. "Discrimination in the Patent System: Evidence from Standard-Essential Patents," Journal of Law and Economics, University of Chicago Press, vol. 66(4), pages 739-763.
    42. Jiang, Jiaming & Goel, Rajeev K. & Zhang, Xingyuan, 2020. "IPR policies and membership in standard setting organizations: A social network analysis," Kiel Working Papers 2153, Kiel Institute for the World Economy (IfW Kiel).
    43. Justus Baron & Kirti Gupta, 2018. "Unpacking 3GPP standards," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(3), pages 433-461, September.
    44. Stefano Comino & Fabio M. Manenti & NIkolaus Thumm, 2017. "The Role of Patents in Information and Communication Technologies (ICTs). A survey of the Literature," "Marco Fanno" Working Papers 0212, Dipartimento di Scienze Economiche "Marco Fanno".
    45. Gastón Llanes, 2019. "Ex-ante Agreements and FRAND Commitments in a Repeated Game of Standard-Setting Organizations," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 54(1), pages 159-174, February.
    46. Wipusanawan, Chayanin, 2020. "Standard-Essential Patents and Incentives for Innovation," Discussion Paper 2020-034, Tilburg University, Center for Economic Research.
    47. Etro, Federico, 2016. "Research in economics and industrial organization," Research in Economics, Elsevier, vol. 70(4), pages 511-517.
    48. Alexandrov, Alexei & Pittman, Russell & Ukhaneva, Olga, 2017. "Royalty stacking in the U.S. freight railroads: Cournot vs. Coase," MPRA Paper 78249, University Library of Munich, Germany.
    49. AOKI Reiko & ARAI Yasuhiro, 2018. "Strategic Declaration of Standard Essential Patents," Discussion papers 18035, Research Institute of Economy, Trade and Industry (RIETI).
    50. Justus Baron & Tim Pohlmann, 2018. "Mapping standards to patents using declarations of standard‐essential patents," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(3), pages 504-534, September.
    51. Bergeaud Antonin & Schmidt Julia & Zago Riccardo, 2022. "Patents that Match your Standards: Firm-level Evidence on Competition and Growth," Working papers 876, Banque de France.
    52. Gamarra, Yanis & Friedl, Gunther, 2022. "Firms' Involvement in Standardization and Average Total Costs per Patent Family," 31st European Regional ITS Conference, Gothenburg 2022: Reining in Digital Platforms? Challenging monopolies, promoting competition and developing regulatory regimes 265630, International Telecommunications Society (ITS).
    53. Knut Blind & Maximilian Laer, 2022. "Paving the path: drivers of standardization participation at ISO," The Journal of Technology Transfer, Springer, vol. 47(4), pages 1115-1134, August.
    54. Cesare Righi & Timothy Simcoe, 2022. "Patenting inventions or inventing patents? Continuation practice at the USPTO," Economics Working Papers 1820, Department of Economics and Business, Universitat Pompeu Fabra.
    55. Tesoriere, Antonio, 2019. "Stable sharing rules and participation in pools of essential patents," Games and Economic Behavior, Elsevier, vol. 117(C), pages 40-58.
    56. Lee, Won Sang & Sohn, So Young, 2018. "Effects of standardization on the evolution of information and communications technology," Technological Forecasting and Social Change, Elsevier, vol. 132(C), pages 308-317.
    57. Wen, Wen & Forman, Chris & Jarvenpaa, Sirkka L, 2022. "The effects of technology standards on complementor innovations: Evidence from the IETF," Research Policy, Elsevier, vol. 51(6).
    58. Ernesto Rengifo García & Francisco E. Beneke Ávila, 2021. "Los derechos de propiedad intelectual y la libre competencia," Books, Universidad Externado de Colombia, Facultad de Derecho, number 1301, October.
    59. Wang, Lucy Xiaolu, 2022. "Global drug diffusion and innovation with the medicines patent pool," Journal of Health Economics, Elsevier, vol. 85(C).

  29. Lerner, Josh & Tåg, Joacim, 2013. "Institutions and Venture Capital," Working Papers 2012:17, Swedish Entrepreneurship Forum.

    Cited by:

    1. Mojca Svetek, 2023. "The Role of Entrepreneurs’ Perceived Competence and Cooperativeness in Early-Stage Financing," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2047-2076, November.
    2. Becsky-Nagy, Patrícia & Fazekas, Balázs, 2017. "Résen van-e az állam?. Az állami szerepvállalás hatása a kockázati tőke keresleti oldalára [Is the state on the ball?. The effect of the state s role on the demand side of venture capital]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 507-527.
    3. Munari, Federico & Toschi, Laura, 2015. "Assessing the impact of public venture capital programmes in the United Kingdom: Do regional characteristics matter?," Journal of Business Venturing, Elsevier, vol. 30(2), pages 205-226.
    4. Hannes Maxin, 2018. "Corporate Venture Capital im Bankensektor: Eine Fallstudie," ZfKE – Zeitschrift für KMU und Entrepreneurship, Duncker & Humblot, Berlin, vol. 66(2), pages 71-89.
    5. Henrekson, Magnus & Sanandaji, Tino, 2017. "Stock Option Taxation: A Missing Piece in European Innovation Policy?," Working Paper Series 1168, Research Institute of Industrial Economics, revised 20 Feb 2018.
    6. Pascal Gantenbein & Axel Kind & Christophe Volonté, 2019. "Individualism and Venture Capital: A Cross-Country Study," Management International Review, Springer, vol. 59(5), pages 741-777, October.
    7. Mazboudi, Mohamad & Sidani, Yusuf M. & Al Ariss, Akram, 2020. "Harmonization of firm CSR policies across national contexts: Evidence from Brazil & Sweden," International Business Review, Elsevier, vol. 29(5).
    8. Fazekas Balazs, 2014. "Government Interventions In The Venture Capital Market How Jeremie Affects The Hungarian Venture Capital Market?," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 883-892, July.
    9. Koptyug, Nikita & Persson, Lars & Tåg, Joacim, 2019. "Should We Worry about the Decline of the Public Corporation? A Brief Survey of the Economics and External Effects of the Stock Market," Working Paper Series 1298, Research Institute of Industrial Economics.
    10. Bian, Bo & Li, Yingxiang & Nigro, Casimiro A., 2022. "Conflicting fiduciary duties and fire sales of VC-backed start-ups," LawFin Working Paper Series 35, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    11. Osborn, Tom L, 2019. "Africa joins the growth capital revolution: Examining the growth of venture capital in the continent," AfricArxiv 78smp, Center for Open Science.
    12. Kapoor, Rahul & Klueter, Thomas, 2020. "Progress and setbacks: The two faces of technology emergence," Research Policy, Elsevier, vol. 49(1).
    13. Lindholm-Dahlstrand, Åsa & Andersson, Martin & Carlsson, Bo, 2017. "Entrepreneurial Experimentation: A Key Function in Entrepreneurial Systems of Innovation," Working Paper Series 1154, Research Institute of Industrial Economics.
    14. Elert, Niklas & Henrekson, Magnus, 2018. "The Collaborative Innovation Bloc: A New Mission for Austrian Economics," Working Paper Series 1222, Research Institute of Industrial Economics.
    15. Åsa Lindholm-Dahlstrand & Martin Andersson & Bo Carlsson, 2019. "Entrepreneurial experimentation: a key function in systems of innovation," Small Business Economics, Springer, vol. 53(3), pages 591-610, October.
    16. Pontus Braunerhjelm & Magnus Henrekson, 2013. "Entrepreneurship, institutions, and economic dynamism: lessons from a comparison of the United States and Sweden," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(1), pages 107-130, February.
    17. Henrekson, Magnus & Sanandaji, Tino, 2014. "Superentrepreneurship and Global Imbalances: Closing Europe's Gap to Other Industrialized Regions," Working Paper Series 1049, Research Institute of Industrial Economics, revised 03 Aug 2015.
    18. Elert, Niklas, 2012. "What determines entry? Evidence from Sweden," Ratio Working Papers 195, The Ratio Institute.
    19. Tino Sanandaji & Peter T. Leeson, 2013. "Billionaires," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(1), pages 313-337, February.
    20. Vladimir Vladimirovich Kolmakov & Aleksandra Grigorievna Polyakova & Vasily Sergeevich Shalaev, 2015. "An Analysis Of The Impact Of Venture Capital Investment On Economic Growth And Innovation: Evidence From The Usa And Russia," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 60(207), pages 7-38, September.
    21. Abdullahi I. Bello & Olaniyi A. Taiwo & Adekunle O. Ahmed, 2018. "Re-examining the Casuality between Capital Flight and Foreign Direct Investmen in Nigeria," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 14(4), pages 115-127, AUGUST.
    22. Castellaneta, Francesco & Conti, Raffaele & Veloso, Francisco M. & Kemeny, Carlos A., 2016. "The effect of trade secret legal protection on venture capital investments: Evidence from the inevitable disclosure doctrine," Journal of Business Venturing, Elsevier, vol. 31(5), pages 524-541.
    23. Guzman, Jorge, 2020. "The Direct Effect of Corporate Law on Entrepreneurship," SocArXiv 967ph, Center for Open Science.
    24. Elisabeth S.C. Berger & Andreas Köhn, 2020. "Exploring the differences in early-stage start-up valuation across countries: an institutional perspective," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 327-344, March.
    25. Vincent FRIGANT & Marina FLAMAND, 2015. "The diversity of carmakers\' behaviors vis-a-vis the Corporate Venture Capital," Cahiers du GREThA (2007-2019) 2015-24, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    26. Motavaseli Mahmood & Shojaei Saeed & Bitaab Ali & Hasti Chitsazan & Ghanbar Mohammadi Elyasi, 2018. "Institutional Barriers to Financing Technology-based Small Firms through Venture Capital Mechanism: A Study to Explore the Incentives for Investment in Iran," International Journal of Economics and Financial Issues, Econjournals, vol. 8(1), pages 184-195.
    27. Polzin, Friedemann & Sanders, Mark & Stavlöt, Ulrika, 2018. "Do investors and entrepreneurs match? – Evidence from The Netherlands and Sweden," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 112-126.
    28. Ola Bergström & Alexander Styhre, 2022. "It takes change to remain the same: The transformation of Swedish government policy making in economic crises and the involvement of social partners," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 43(4), pages 1564-1587, November.
    29. Kiyutsevskaya, Anna (Киюцевская, Анна) & Morgunov, Vyacheslav (Моргунов, Вячеслав) & Trunin, Pavel (Трунин, Павел), 2017. "Peculiarities of Exchange Rate Policy under the Floating Exchange Rate Regime in Developing Countries [Особенности Курсовой Политики В Рамках Режима Плавающего Валютного Курса В Развивающихся Стран," Working Papers 031722, Russian Presidential Academy of National Economy and Public Administration.
    30. Hoppmann, Joern & Vermeer, Ben, 2020. "The double impact of institutions: Institutional spillovers and entrepreneurial activity in the solar photovoltaic industry," Journal of Business Venturing, Elsevier, vol. 35(3).
    31. Hoch, Felix & Lohwasser, Todor S., 2019. "The influence of institutions on venture capital: How transaction costs, uncertainty, and change affect new ventures," Discussion Papers of the Institute for Organisational Economics 9/2019, University of Münster, Institute for Organisational Economics.
    32. F.H.J. Polzin & M.W.J.L. Sanders & Florian Täube, 2017. "A diverse and resilient financial system for investments in the energy transition," Working Papers 17-03, Utrecht School of Economics.
    33. Rakesh Basant, 2018. "Exploring Linkages between Industrial Innovation and Public Policy: Challenges and Opportunities," Vikalpa: The Journal for Decision Makers, , vol. 43(2), pages 61-76, June.
    34. Luca Grilli & Boris Mrkajic & Gresa Latifi, 2018. "Venture capital in Europe: social capital, formal institutions and mediation effects," Small Business Economics, Springer, vol. 51(2), pages 393-410, August.
    35. Ebenezer Boateng & Peterson Owusu Junior & John G. Gatsi & Adam M. Anokye & Mac Junior Abeka & Emmanuel Asafo‐Adjei, 2024. "Institutions and venture capital market development in sub‐Saharan Africa," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(2), pages 1381-1406, March.

  30. Steven J. Davis & John C. Haltiwanger & Kyle Handley & Ron S. Jarmin & Josh Lerner & Javier Miranda, 2013. "Private Equity, Jobs, and Productivity," NBER Working Papers 19458, National Bureau of Economic Research, Inc.

    Cited by:

    1. Silva, Rui & , & Baghai, Ramin & Bos, Marieke, 2021. "How Do Acquisitions Affect the Mental Health of Employees?," CEPR Discussion Papers 16657, C.E.P.R. Discussion Papers.
    2. Xiaoyang Li, 2013. "Productivity, Restructuring, And The Gains From Takeovers," Working Papers 13-18, Center for Economic Studies, U.S. Census Bureau.
    3. Runhui Lin & Ya Li & Tao Peng & Hongjuan Zhang, 2017. "Venture capital reputation and portfolio firm performance in an emerging economy: The moderating effect of institutions," Asia Pacific Journal of Management, Springer, vol. 34(3), pages 699-723, September.
    4. Palcic, Dónal & Reeves, Eoin, 2013. "Private equity leveraged buyouts in European telecoms: The case of Eircom," Telecommunications Policy, Elsevier, vol. 37(6), pages 573-582.
    5. Valentin Haddad & Erik Loualiche & Matthew Plosser, 2013. "Buyout activity: the impact of aggregate discount rates," Staff Reports 606, Federal Reserve Bank of New York.
    6. Bruce A. Blonigen & Justin R. Pierce, 2016. "Evidence for the Effects of Mergers on Market Power and Efficiency," Working Papers 16-43, Center for Economic Studies, U.S. Census Bureau.
    7. Truong, Huynh Sang & Walz, Uwe, 2022. "Spillovers of PE Investments," SAFE Working Paper Series 357, Leibniz Institute for Financial Research SAFE.
    8. Ken-Hou Lin, 2016. "The Rise of Finance and Firm Employment Dynamics," Organization Science, INFORMS, vol. 27(4), pages 972-988, August.
    9. Paul Lavery & John Tsoukalas & Nick Wilson, 2024. "Private equity financing & firm productivity," Working Papers 041, The Productivity Institute.
    10. Shai Bernstein & Josh Lerner & Morten Sørensen & Per Strömberg, 2010. "Private Equity and Industry Performance," NBER Working Papers 15632, National Bureau of Economic Research, Inc.
    11. Bernstein, Shai & Lerner, Josh & Mezzanotti, Filippo, 2017. "Private Equity and Financial Fragility During the Crisis," Research Papers 3563, Stanford University, Graduate School of Business.
    12. Aleksandar Andonov & Roman Kräussl & Joshua Rauh & Stijn Van Nieuwerburgh, 2021. "Institutional Investors and Infrastructure Investing [Pension fund asset allocation and liability discount rates]," The Review of Financial Studies, Society for Financial Studies, vol. 34(8), pages 3880-3934.
    13. Steven J. Davis & John C. Haltiwanger & Kyle Handley & Ben Lipsius & Josh Lerner & Javier Miranda, 2021. "The economic effects of private equity buyouts," Jena Economics Research Papers 2021-013, Friedrich-Schiller-University Jena.
    14. Baziki, Selva Bahar & Norbäck, Pehr-Johan & Persson, Lars & Tåg, Joacim, 2017. "Cross-border acquisitions and restructuring: Multinational enterprises and private equity-firms," European Economic Review, Elsevier, vol. 94(C), pages 166-184.
    15. Crane, Leland D. & Decker, Ryan A. & Flaaen, Aaron & Hamins-Puertolas, Adrian & Kurz, Christopher, 2022. "Business exit during the COVID-19 pandemic: Non-traditional measures in historical context," Journal of Macroeconomics, Elsevier, vol. 72(C).
    16. Albert N. Link & Christopher J. Ruhm & Donald S. Siegel, 2014. "Private Equity and the Innovation Strategies of Entrepreneurial Firms: Empirical Evidence from the Small Business Innovation Research Program," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 35(2), pages 103-113, March.
    17. Paul A. Gompers & Steven N. Kaplan & Vladimir Mukharlyamov, 2020. "Private Equity and COVID-19," NBER Working Papers 27889, National Bureau of Economic Research, Inc.
    18. Todtenhaupt, Maximilian & Voget, Johannes & Feld, Lars P. & Ruf, Martin & Schreiber, Ulrich, 2020. "Taxing away M&A: Capital gains taxation and acquisition activity," Munich Reprints in Economics 84733, University of Munich, Department of Economics.
    19. Gompers, Paul & Kaplan, Steven N. & Mukharlyamov, Vladimir, 2016. "What do private equity firms say they do?," Journal of Financial Economics, Elsevier, vol. 121(3), pages 449-476.
    20. Marina-Eliza Spaliara & Serafeim Tsoukas & Paul Lavery, 2021. "Private equity and bank capital requirements: Evidence from European firms," Working Papers 2021_11, Business School - Economics, University of Glasgow.
    21. Guy Schofield, 2020. "Evidence of governance arbitrage by private equity sponsors," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(S1), pages 971-1005, April.
    22. Burkart, Mike & Lee, Samuel, 2022. "Activism and takeovers," LSE Research Online Documents on Economics 111564, London School of Economics and Political Science, LSE Library.
    23. Ljungqvist, Alexander & Bircan, Cagatay & Biesinger, Markus, 2020. "Value Creation in Private Equity," CEPR Discussion Papers 14676, C.E.P.R. Discussion Papers.
    24. M. Wright & D. S. Siegel & L. Scholes, 2012. "Private Equity Portfolio Company Performance During The Global Recession," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 12/795, Ghent University, Faculty of Economics and Business Administration.
    25. He, Yuqian & Tang, Song & Wang, Lanfang & Wang, Susheng & Yu, Tao, 2024. "Private equity market development, state ownership, and firm innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 958-985.
    26. Tykvová, Tereza & Borell, Mariela, 2011. "Do private equity owners increase risk of financial distress and bankruptcy?," ZEW Discussion Papers 11-076, ZEW - Leibniz Centre for European Economic Research.
    27. Martin Olsson & Joacim Tåg, 2017. "Private Equity, Layoffs, and Job Polarization," Journal of Labor Economics, University of Chicago Press, vol. 35(3), pages 697-754.
    28. Tåg, Joacim, 2010. "The Real Effects of Private Equity Buyouts," Working Paper Series 851, Research Institute of Industrial Economics.
    29. Cesare Fracassi & Alessandro Previtero & Albert W. Sheen, 2020. "Barbarians at the Store? Private Equity, Products, and Consumers," NBER Working Papers 27435, National Bureau of Economic Research, Inc.
    30. Borell, Mariela & Heger, Diana, 2013. "Sources of value creation through private equity-backed mergers and acquisitions: The case of buy-and-build strategies," ZEW Discussion Papers 13-094, ZEW - Leibniz Centre for European Economic Research.
    31. Charlie Weir & Peter Jones & Mike Wright, 2015. "Public to private transactions, private equity and financial health in the UK: an empirical analysis of the impact of going private," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 19(1), pages 91-112, February.
    32. Agrawal, Ashwini & Tambe, Prasanna, 2016. "Private equity and workers’ career paths: the role of technological change," LSE Research Online Documents on Economics 69476, London School of Economics and Political Science, LSE Library.
    33. Ulrike Schaede, 2022. "The Digital Transformation (DX) and the Financialization of Japan: A Case Study of Private Equity," IMES Discussion Paper Series 22-E-18, Institute for Monetary and Economic Studies, Bank of Japan.
    34. Chatt, Robert & Gustafson, Matthew & Welker, Adam, 2021. "Firing frictions and the U.S. mergers and acquisitions market," Journal of Banking & Finance, Elsevier, vol. 128(C).
    35. Sean Shenghsiu Huang & John R. Bowblis, 2019. "Private equity ownership and nursing home quality: an instrumental variables approach," International Journal of Health Economics and Management, Springer, vol. 19(3), pages 273-299, December.
    36. Ann-Kristin Achleitner & Reiner Braun & Eva Lutz & Florian Tappeiner, 2018. "Private equity group reputation and financing structures in German leveraged buyouts," Journal of Business Economics, Springer, vol. 88(3), pages 363-392, May.
    37. Mika Maliranta & Satu Nurmi, 2019. "Business owners, employees, and firm performance," Small Business Economics, Springer, vol. 52(1), pages 111-129, January.
    38. Dyaran Bansraj & Han Smit & Vadym Volosovych, 2020. "Can Private Equity Funds Act as Strategic Buyers? Evidence from Buy-and-Build Strategies," Tinbergen Institute Discussion Papers 20-041/IV, Tinbergen Institute.
    39. Ferreira, Daniel & Manso, Gustavo & Silva, Andre C., 2010. "Incentives to Innovate and the Decision to Go Public or Private," CEPR Discussion Papers 7750, C.E.P.R. Discussion Papers.
    40. Troy D. Smith, 2015. "Private Equity Investment in India: Efficiency vs Expansion," Discussion Papers 15-011, Stanford Institute for Economic Policy Research.
    41. Wang, Rouzhi & Wu, Chaopeng, 2020. "Politician as venture capitalist: Politically-connected VCs and IPO activity in China," Journal of Corporate Finance, Elsevier, vol. 64(C).
    42. Vladimiro Marini & Massimo Caratelli & Gian Paolo Stella & Ilaria Barbaraci, 2022. "Is corporate governance of private equity targets more effective for risk mitigation?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(3), pages 781-811, September.
    43. Victor Manuel Bennett, 2020. "Changes in persistence of performance over time," Strategic Management Journal, Wiley Blackwell, vol. 41(10), pages 1745-1769, October.
    44. Ayash, Brian, 2020. "The origin, ownership and use of cash flows in leveraged buyouts," The Quarterly Review of Economics and Finance, Elsevier, vol. 77(C), pages 286-295.
    45. Sharjil M. Haque, 2023. "Does Private Equity Over-Lever Portfolio Companies?," Finance and Economics Discussion Series 2023-009, Board of Governors of the Federal Reserve System (U.S.).
    46. Mohammad Ahmar Uddin & Syed Ahsan Jamil & Khaliquzzaman Khan, 2016. "Private Equity and its Role in the Development of the Indian Manufacturing Sector," International Journal of Economics and Financial Issues, Econjournals, vol. 6(1), pages 361-364.
    47. KUBO Katsuyuki & TSUBONO Kodai, 2022. "The Effect of Investment Funds on Employment and Wages," Discussion papers 22044, Research Institute of Economy, Trade and Industry (RIETI).
    48. Renneboog, Luc & Vansteenkiste, Cara, 2017. "Leveraged Buyouts : A Survey of the Literature," Discussion Paper 2017-015, Tilburg University, Center for Economic Research.
    49. John (Jianqiu) Bai, 2021. "Organizational Form and Trade Liberalization: Plant-Level Evidence," Management Science, INFORMS, vol. 67(12), pages 7755-7784, December.
    50. Neely, Megan Tobias & Carmichael, Donna, 2021. "Profiting on crisis: how predatory financial investors have worsened inequality in the coronavirus crisis," LSE Research Online Documents on Economics 112697, London School of Economics and Political Science, LSE Library.
    51. Hong Zhu & Qi Zhu, 2016. "Mergers and acquisitions by Chinese firms: A review and comparison with other mergers and acquisitions research in the leading journals," Asia Pacific Journal of Management, Springer, vol. 33(4), pages 1107-1149, December.
    52. Tereza Tykvová, 2018. "Venture capital and private equity financing: an overview of recent literature and an agenda for future research," Journal of Business Economics, Springer, vol. 88(3), pages 325-362, May.
    53. Pehr-Johan Norbäck & Lars Persson & Joacim Tag, 2013. "Buying to Sell: Private Equity Buyouts and Industrial Restructuring," CESifo Working Paper Series 4338, CESifo.
    54. Sakshi Sharma & Kunjana Malik & Manmeet Kaur & Neha Saini, 2023. "Mapping research in the field of private equity: a bibliometric analysis," Management Review Quarterly, Springer, vol. 73(1), pages 61-89, February.
    55. Shai Bernstein & Josh Lerner & Filippo Mezzanotti, 2020. "Private Equity and Portfolio Companies: Lessons from the Global Financial Crisis," Journal of Applied Corporate Finance, Morgan Stanley, vol. 32(3), pages 21-42, September.
    56. Ahmad, Muhammad Farooq & Lambert, Thomas, 2019. "Collective bargaining and mergers and acquisitions activity around the world," Journal of Banking & Finance, Elsevier, vol. 99(C), pages 21-44.
    57. Nuri Ersahin & Rustom M. Irani, 2015. "Collateral Values and Corporate Employment," Working Papers 15-30, Center for Economic Studies, U.S. Census Bureau.
    58. Olsson, Martin & Tåg, Joacim, 2018. "Are Foreign Private Equity Buyouts Bad for Workers?," Working Paper Series 1230, Research Institute of Industrial Economics.
    59. Martin Tao-Schuchardt & Frederik J. Riar & Nadine Kammerlander, 2023. "Family Firm Value in the Acquisition Context: A Signaling Theory Perspective," Entrepreneurship Theory and Practice, , vol. 47(4), pages 1200-1232, July.
    60. Erich Battistin & Paolo Bortoluzzi & Fabio Buttignon & Marco Vedovato, 2017. "Minority and majority private equity investments: firm performance and governance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 21(3), pages 659-684, September.
    61. Anne Stevenot & Loris Guery & Geoffrey Wood & Chris Brewster, 2018. "Country of Origin Effects and New Financial Actors: Private Equity Investment and Work and Employment Practices of French Firms," British Journal of Industrial Relations, London School of Economics, vol. 56(4), pages 859-881, December.
    62. Pinkus, David & Pozzoli, Dario & Schneider, Cédric, 2024. "Pension Fund Investment and Firm Innovation," Working Papers 1-2024, Copenhagen Business School, Department of Economics.
    63. Eren Vural, Ipek, 2017. "Financialisation in health care: An analysis of private equity fund investments in Turkey," Social Science & Medicine, Elsevier, vol. 187(C), pages 276-286.
    64. Chiarella, Carlo & Ostinelli, Diego, 2020. "Financial or strategic buyers: Who is at the gate?," International Review of Economics & Finance, Elsevier, vol. 67(C), pages 393-407.
    65. Hoellermann, Jens, 2020. "ESG in private equity and other alternative asset classes: What the industry has accomplished so far regarding environmental, social and governance matters," EIKV-Schriftenreihe zum Wissens- und Wertemanagement, European Institute for Knowledge & Value Management (EIKV), Luxembourg, volume 39, number 39.
    66. Cesare Fracassi & Alessandro Previtero & Albert Sheen, 2022. "Barbarians at the Store? Private Equity, Products, and Consumers," Journal of Finance, American Finance Association, vol. 77(3), pages 1439-1488, June.
    67. Davis, Steven J. & Haltiwanger, John C. & Handley, Kyle & Lerner, Joshua & Lipsius, Ben & Miranda, Javier, 2022. "The (heterogenous) economic effects of private equity buyouts," IWH Discussion Papers 10/2022, Halle Institute for Economic Research (IWH).
    68. Ron Jarmin & C.J. Krizan & Adela Luque, 2014. "Owner Characteristics And Firm Performance During The Great Recession," Working Papers 14-36, Center for Economic Studies, U.S. Census Bureau.
    69. Paul Lavery & Jose-Maria Serena & Marina-Eliza Spaliara & Serafeim Tsoukas, 2021. "Private equity buyouts, credit constraints, and firm exports," Working Papers 2021_06, Business School - Economics, University of Glasgow.
    70. Atul Gupta & Sabrina T Howell & Constantine Yannelis & Abhinav Gupta, 2021. "Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes," Working Papers 2021-20, Becker Friedman Institute for Research In Economics.
    71. Adongo, Jonathan O., 2017. "Legal jurisdiction, director liability law, and venture capitalists’ equity stakes in Africa," Research in International Business and Finance, Elsevier, vol. 40(C), pages 78-93.
    72. Norbäck, Pehr-Johan & Persson, Lars & Tåg, Joacim, 2010. "Buying to Sell: A Theory of Buyouts," Working Paper Series 817, Research Institute of Industrial Economics.
    73. Lindsey, Kevin & Mauck, Nathan & Olsen, Ben, 2021. "The coming wave of small business succession and the role of stakeholder synergy theory," Global Finance Journal, Elsevier, vol. 48(C).
    74. Dushnitsky, Gary & Yu, Lei, 2022. "Why do incumbents fund startups? A study of the antecedents of corporate venture capital in China," Research Policy, Elsevier, vol. 51(3).
    75. Bena, Jan & Ferreira, Miguel A & Matos, Pedro & Pires, Pedro, 2017. "Are foreign investors locusts? The long-term effects of foreign institutional ownership," Journal of Financial Economics, Elsevier, vol. 126(1), pages 122-146.
    76. Seung Kwak & Charles Press, 2023. "Pre-LBO Credit Market Conditions and Post-LBO Target Behavior," Finance and Economics Discussion Series 2023-077, Board of Governors of the Federal Reserve System (U.S.).
    77. Najlaa Kallousa & Youngki Jang & Boochun Jung & Hussein Warsame, 2023. "Labor unions and post‐acquisition integration capability: Evidence from goodwill impairment," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 50(3-4), pages 764-794, March.
    78. Sharjil M. Haque & Simon Mayer & Teng Wang, 2024. "How Private Equity Fuels Non-Bank Lending," Finance and Economics Discussion Series 2024-015, Board of Governors of the Federal Reserve System (U.S.).
    79. Antoni, Manfred & Maug, Ernst & Obernberger, Stefan, 2019. "Private equity and human capital risk," Journal of Financial Economics, Elsevier, vol. 133(3), pages 634-657.
    80. Robert Kulick, 2017. "Ready-to-Mix: Horizontal Mergers, Prices, and Productivity," Working Papers 17-38, Center for Economic Studies, U.S. Census Bureau.
    81. Baziki, Selva & Norbäck, Pehr-Johan & Persson, Lars & Tåg, Joacim, 2015. "Cross-Border Acquisitions and Restructuring: Multinational Enterprises versus Private Equity-Firms," Working Paper Series 1057, Research Institute of Industrial Economics.
    82. (Jianqiu) Bai, John & Mkrtchyan, Anahit, 2023. "What do outside CEOs really do? Evidence from plant-level data," Journal of Financial Economics, Elsevier, vol. 147(1), pages 27-48.
    83. Ersahin, Nuri & Irani, Rustom M. & Le, Hanh, 2021. "Creditor control rights and resource allocation within firms," Journal of Financial Economics, Elsevier, vol. 139(1), pages 186-208.
    84. Dessaint, Olivier & Golubov, Andrey & Volpin, Paolo, 2017. "Employment protection and takeovers," Journal of Financial Economics, Elsevier, vol. 125(2), pages 369-388.
    85. Beetsma, Roel & Jensen, Svend E. Hougaard & Pinkus, David & Pozzoli, Dario, 2024. "Do Pension Fund Equity Investments Raise Firm Productivity? Evidence From Danish Data," Working Papers 2-2024, Copenhagen Business School, Department of Economics.

  31. Lily Fang & Victoria Ivashina & Josh Lerner, 2013. "Combining Banking with Private Equity Investing," NBER Working Papers 19300, National Bureau of Economic Research, Inc.

    Cited by:

    1. Antonio Gledson De Carvalho & Humberto Gallucci-Netto & Eduardo M. R. Siqueira, 2017. "Determinants of success in venture capital investments: evidence from Brazil," Venture Capital, Taylor & Francis Journals, vol. 19(3), pages 147-161, July.
    2. Daniele Coin & Valerio Vacca, 2014. "Non-bank finance for firms. The role of private equity funds in north-western Italy," ERSA conference papers ersa14p119, European Regional Science Association.
    3. Paul Lavery & John Tsoukalas & Nick Wilson, 2024. "Private equity financing & firm productivity," Working Papers 041, The Productivity Institute.
    4. Steven J. Davis & John C. Haltiwanger & Kyle Handley & Ben Lipsius & Josh Lerner & Javier Miranda, 2021. "The economic effects of private equity buyouts," Jena Economics Research Papers 2021-013, Friedrich-Schiller-University Jena.
    5. Chavaz, Matthieu & Elliott, David, 2020. "Separating retail and investment banking: evidence from the UK," Bank of England working papers 892, Bank of England, revised 18 Feb 2021.
    6. Marina-Eliza Spaliara & Serafeim Tsoukas & Paul Lavery, 2021. "Private equity and bank capital requirements: Evidence from European firms," Working Papers 2021_11, Business School - Economics, University of Glasgow.
    7. Maurice McCourt, 2022. "Permanent private equity: Market performance and transactions," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 45(2), pages 339-383, June.
    8. Amiraslani, Hami & Donovan, John & Phillips, Matthew A. & Wittenberg-Moerman, Regina, 2023. "Contracting in the Dark: The rise of public-side lenders in the syndicated loan market," Journal of Accounting and Economics, Elsevier, vol. 76(1).
    9. Jung Koo Kang & Christopher D. Williams & Regina Wittenberg-Moerman, 2021. "CDS trading and nonrelationship lending dynamics," Review of Accounting Studies, Springer, vol. 26(1), pages 258-292, March.
    10. Fee, C. Edward & Subramaniam, Venkat & Wang, Maobin & Zhang, Yi, 2019. "Bank lenders as matchmakers? Evidence from when acquirers and targets share a common lender," Pacific-Basin Finance Journal, Elsevier, vol. 56(C), pages 248-272.
    11. Gibbs, Michael & Hao, (Grace) Qing, 2018. "Short selling around the expiration of IPO share lockups," Journal of Banking & Finance, Elsevier, vol. 88(C), pages 30-43.
    12. Carbó-Valverde, Santiago & Cuadros-Solas, Pedro J. & Rodríguez-Fernández, Francisco, 2021. "Non-pricing drivers of underwriters’ market shares in corporate bond markets," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 671-693.
    13. Arayssi, Mahmoud, 2015. "Captive Funds and Banks' Capital," MPRA Paper 64912, University Library of Munich, Germany.
    14. Güner, Z. Nuray & Önder, Zeynep, 2022. "Bank affiliation and discounts on closed-end funds," International Review of Financial Analysis, Elsevier, vol. 83(C).
    15. Torna, Gökhan, 2018. "The impact of expanded bank powers on loan portfolio decisions," Journal of Financial Stability, Elsevier, vol. 38(C), pages 1-17.
    16. Paul Lavery & Marian-Eliza Spaliara, 2022. "Private equity buyouts & firm exporting during the global financial crisis," Working Papers 2022_09, Business School - Economics, University of Glasgow.
    17. Morkoetter, Stefan & Wetzer, Thomas, 2015. "Do Private Equity Funds Always Pay Less? A Synergy-Related Explanation Based on Add-on Acquisitions," Working Papers on Finance 1522, University of St. Gallen, School of Finance, revised Sep 2016.
    18. von Beschwitz, Bastian & Foos, Daniel, 2018. "Banks' equity stakes and lending: Evidence from a tax reform," Discussion Papers 06/2018, Deutsche Bundesbank.
    19. Li, Emma & Mao, Mike Qinghao & Zhang, Hong Feng & Zheng, Hao, 2023. "Banks’ investments in fintech ventures," Journal of Banking & Finance, Elsevier, vol. 149(C).
    20. Takahashi, Hidenori, 2015. "Dynamics of bank relationships in entrepreneurial finance," Journal of Corporate Finance, Elsevier, vol. 34(C), pages 23-31.
    21. Davis, Steven J. & Haltiwanger, John C. & Handley, Kyle & Lerner, Joshua & Lipsius, Ben & Miranda, Javier, 2022. "The (heterogenous) economic effects of private equity buyouts," IWH Discussion Papers 10/2022, Halle Institute for Economic Research (IWH).
    22. Paul Lavery & Jose-Maria Serena & Marina-Eliza Spaliara & Serafeim Tsoukas, 2021. "Private equity buyouts, credit constraints, and firm exports," Working Papers 2021_06, Business School - Economics, University of Glasgow.
    23. Cao, Xiaping & Chan, Konan & Kahle, Kathleen, 2018. "Risk and performance of bonds sponsored by private equity firms," Journal of Banking & Finance, Elsevier, vol. 93(C), pages 41-53.
    24. Lin Zhang & Xueyong Zhang, 2022. "The foreign experience and investment performance of venture capitalists," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 1675-1714, April.
    25. Milosevic, Miona, 2018. "Skills or networks? Success and fundraising determinants in a low performing venture capital market," Research Policy, Elsevier, vol. 47(1), pages 49-60.
    26. Alperovych, Yan & Divakaruni, Anantha & Manigart, Sophie, 2022. "Lending when relationships are scarce: The role of information spread via bank networks," Journal of Corporate Finance, Elsevier, vol. 73(C).
    27. Keiichiro Koda & Kazuo Yamada, 2018. "Determinants of Underwriting Fees by New Entrant Banks: Evidence from the Japanese IPO Underwriting Market," Financial Management, Financial Management Association International, vol. 47(2), pages 285-307, June.

  32. Kristle Romero Cortes & Joshua Lerner, 2012. "Bridging the gap? Government subsidized lending and access to capital," Working Papers (Old Series) 1229, Federal Reserve Bank of Cleveland.

    Cited by:

    1. Alperovych, Yan & Groh, Alexander & Quas, Anita, 2020. "Bridging the equity gap for young innovative companies: The design of effective government venture capital fund programs," Research Policy, Elsevier, vol. 49(10).

  33. Anna Kovner & Joshua Lerner, 2012. "Doing well by doing good? Community development venture capital," Staff Reports 572, Federal Reserve Bank of New York.

    Cited by:

    1. Fabio Bertoni & Massimo G. Colombo & Anita Quas, 2019. "The role of Governmental Venture Capital in the Venture Capital ecosystem : An organizational ecology perspective," Post-Print hal-02312060, HAL.
    2. Yan Alperovych & Anita Quas & Thomas Standaert, 2018. "Direct And Indirect Government Venture Capital Investments In Europe," Economics Bulletin, AccessEcon, vol. 38(2), pages 1219-1230.
    3. Massimo G. Colombo & Samuele Murtinu, 2017. "Venture Capital Investments in Europe and Portfolio Firms' Economic Performance: Independent Versus Corporate Investors," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(1), pages 35-66, February.
    4. Shawn Cole & Martin Melecky & Florian Mölders & Tristan Reed, 2020. "Long-run Returns to Impact Investing in Emerging Markets and Developing Economies," NBER Working Papers 27870, National Bureau of Economic Research, Inc.
    5. Barber, Brad M. & Morse, Adair & Yasuda, Ayako, 2021. "Impact investing," Journal of Financial Economics, Elsevier, vol. 139(1), pages 162-185.
    6. Alperovych, Yan & Groh, Alexander & Quas, Anita, 2020. "Bridging the equity gap for young innovative companies: The design of effective government venture capital fund programs," Research Policy, Elsevier, vol. 49(10).
    7. Tereza Tykvová, 2018. "Venture capital and private equity financing: an overview of recent literature and an agenda for future research," Journal of Business Economics, Springer, vol. 88(3), pages 325-362, May.
    8. Wang, Chih-Wei & Wu, Yu-Ching & Hsieh, Hsin-Yi & Huang, Po-Hsiang & Lin, Meng-Chieh, 2022. "Does green bond issuance have an impact on climate risk concerns?," Energy Economics, Elsevier, vol. 111(C).
    9. Geczy, Christopher & Jeffers, Jessica S. & Musto, David K. & Tucker, Anne M., 2021. "Contracts with (Social) benefits: The implementation of impact investing," Journal of Financial Economics, Elsevier, vol. 142(2), pages 697-718.
    10. Richard T Harrison & Babangida Yohanna & Yannis Pierrakis, 2020. "Internationalisation and localisation: Foreign venture capital investments in the United Kingdom," Local Economy, London South Bank University, vol. 35(3), pages 230-256, May.
    11. Jeaneth Johansson & Malin Malmström & Joakim Wincent, 2021. "Sustainable Investments in Responsible SMEs: That’s What’s Distinguish Government VCs from Private VCs," JRFM, MDPI, vol. 14(1), pages 1-22, January.
    12. Lindsey, Kevin & Mauck, Nathan & Olsen, Ben, 2021. "The coming wave of small business succession and the role of stakeholder synergy theory," Global Finance Journal, Elsevier, vol. 48(C).

  34. Josh Lerner & Ulrike Malmendier, 2011. "With a Little Help from My (Random) Friends: Success and Failure in Post-Business School Entrepreneurship," NBER Working Papers 16918, National Bureau of Economic Research, Inc.

    Cited by:

    1. Johan Hombert & Antoinette Schoar & David Sraer & David Thesmar, 2016. "Does Unemployment Insurance Change the Selection into Entrepreneurship?," NBER Chapters, in: Measuring Entrepreneurial Businesses: Current Knowledge and Challenges, pages 351-369, National Bureau of Economic Research, Inc.
    2. Fernando Vega-Redondo & Paolo Pin & Diego Ubfal & Cristiana Benedetti-Fasil & Charles Brummitt & Gaia Rubera & Dirk Hovy & Tommaso Fornaciari, 2019. "Peer Networks and Entrepreneurship: a Pan-African RCT," Working Papers 648, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    3. Zhu, Fei & Syed, Imran & Hsu, Dan K. & Cohen, Dan & Shinnar, Rachel S., 2022. "“I put in effort, but I am still not passionate”: The fit perceptions of novice entrepreneurs," Journal of Business Venturing Insights, Elsevier, vol. 18(C).
    4. Quoc-Anh Do & Yen-Teik Lee & Bang Dang Nguyen & Kieu-Trang Nguyen, 2013. "Out of Sight, Out of Mind: The Value of Political Connections in Social Networks," Working Papers hal-03460920, HAL.
    5. Lucks, Konstantin E. & Luhrmann, Melanie & Winter, Joachim, 2020. "Assortative matching and social interaction: A field experiment on adolescents' risky choices," Munich Reprints in Economics 84741, University of Munich, Department of Economics.
    6. González-Uribe, Juanita & Reyes, Santiago, 2021. "Identifying and boosting “Gazelles”: Evidence from business accelerators," Journal of Financial Economics, Elsevier, vol. 139(1), pages 260-287.
    7. Kleiner, Kristoph & Stoffman, Noah & Yonker, Scott E., 2021. "Friends with bankruptcy protection benefits," Journal of Financial Economics, Elsevier, vol. 139(2), pages 578-605.
    8. Seo, Hojun, 2021. "Peer effects in corporate disclosure decisions," Journal of Accounting and Economics, Elsevier, vol. 71(1).
    9. Kempf, Elisabeth, 2020. "The job rating game: Revolving doors and analyst incentives," Journal of Financial Economics, Elsevier, vol. 135(1), pages 41-67.
    10. Thomas Astebro & Holger Herz & Ramana Nanda & Roberto Weber, 2015. "Seeking the Roots of Entrepreneurship: Insights from Behavioral Economics," Working Papers hal-02002731, HAL.
    11. Braunerhjelm, Pontus & Lappi, Emma, 2023. "Employees' entrepreneurial human capital and firm performance," Research Policy, Elsevier, vol. 52(2).
    12. Becker, Kai & Ebbers, Joris J. & Engel, Yuval, 2023. "Network to passion or passion to network? Disentangling entrepreneurial passion selection and contagion effects among peers and teams in a startup accelerator," Journal of Business Venturing, Elsevier, vol. 38(4).
    13. Schiltz, Fritz & Mazrekaj, Deni & Horn, Daniel & De Witte, Kristof, 2019. "Does it matter when your smartest peers leave your class? Evidence from Hungary," Labour Economics, Elsevier, vol. 59(C), pages 79-91.
    14. Spiros Bougheas & Jeroen Nieboer & Martin Sefton, 2013. "Risk-taking in social settings: Group and peer effects," Discussion Papers 2013-04, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    15. Viktor Slavtchev & Stavroula Laspita & Holger Patzelt, 2012. "Effects of entrepreneurship education at universities," Jena Economics Research Papers 2012-025, Friedrich-Schiller-University Jena.
    16. Escobar, Laura & Pedraza, Alvaro, 2023. "Active trading and (poor) performance: The social transmission channel," Journal of Financial Economics, Elsevier, vol. 150(1), pages 139-165.
    17. Vladasel, Theodor & Lindquist, Matthew J. & Sol, Joeri & van Praag, Mirjam, 2021. "On the origins of entrepreneurship: Evidence from sibling correlations," Journal of Business Venturing, Elsevier, vol. 36(5).
    18. Elke Lüdemann, 2011. "Schooling and the Formation of Cognitive and Non-cognitive Outcomes," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 39.
    19. Field, Erica & Jayachandran, Seema & Pande, Rohini & Rigol, Natalia, 2015. "Friendship at Work: Can Peer Effects Catalyze Female Entrepreneurship?," Working Paper Series rwp15-019, Harvard University, John F. Kennedy School of Government.
    20. Larsson, Johan P. & Wennberg, Karl & Wiklund, Johan & Wright, Mike, 2017. "Location choices of graduate entrepreneurs," Research Policy, Elsevier, vol. 46(8), pages 1490-1504.
    21. Chen, Xiangpo & Hu, Xinyan & Xu, Jinhai, 2023. "When winter is over, its cold remains: Early-life famine experience breeds risk aversion," Economic Modelling, Elsevier, vol. 123(C).
    22. Zoë Cullen & Ricardo Perez-Truglia, 2023. "The Old Boys' Club: Schmoozing and the Gender Gap," American Economic Review, American Economic Association, vol. 113(7), pages 1703-1740, July.
    23. Dou, Xinhua & Zhu, Xiajing & Zhang, Jason Q. & Wang, Jie, 2019. "Outcomes of entrepreneurship education in China: A customer experience management perspective," Journal of Business Research, Elsevier, vol. 103(C), pages 338-347.
    24. Eleanor Dillon & Christopher Stanton, 2018. "Self-Employment Dynamics and the Returns to Entrepreneurship," 2018 Meeting Papers 1261, Society for Economic Dynamics.
    25. An, Jiafu & Jiang, Mengfei & Xu, Jiaman, 2021. "Professional norms and risk-taking of bank employees: Do expectations of peers’ risk preferences matter?," Journal of Financial Stability, Elsevier, vol. 56(C).
    26. Wu, Jinshun & Wu, Luyao, 2023. "Impacts of digital inclusive finance on household entrepreneurship," Finance Research Letters, Elsevier, vol. 56(C).
    27. David Schoenherr, 2019. "Political Connections and Allocative Distortions," Journal of Finance, American Finance Association, vol. 74(2), pages 543-586, April.
    28. Quignon, Aurelien, 2023. "Crowd-based feedback and early-stage entrepreneurial performance: Evidence from a digital platform," Research Policy, Elsevier, vol. 52(7).
    29. Pruijssers, Jorien Louise & Singer, Gallia & Singer, Zvi & Tsang, Desmond, 2023. "Social influence pressures and the risk preferences of aspiring financial market professionals," Journal of Accounting Education, Elsevier, vol. 62(C).
    30. Chen, Hailiang & Hwang, Byoung-Hyoun, 2022. "Listening in on investors’ thoughts and conversations," Journal of Financial Economics, Elsevier, vol. 145(2), pages 426-444.
    31. Slavtchev, Viktor & Wyrwich, Michael, 2023. "The effects of TV content on entrepreneurship: Evidence from German unification," Journal of Comparative Economics, Elsevier, vol. 51(2), pages 696-721.
    32. Colombo, Massimo G. & Piva, Evila, 2020. "Start-ups launched by recent STEM university graduates: The impact of university education on entrepreneurial entry," Research Policy, Elsevier, vol. 49(6).
    33. Chang, Simon & Zhang, Xiaobo, 2015. "Mating competition and entrepreneurship," Journal of Economic Behavior & Organization, Elsevier, vol. 116(C), pages 292-309.
    34. Eesley, Charles & Wang, Yanbo, 2017. "Social influence in career choice: Evidence from a randomized field experiment on entrepreneurial mentorship," Research Policy, Elsevier, vol. 46(3), pages 636-650.
    35. Huang, Shiyang & Hwang, Byoung-Hyoun & Lou, Dong, 2021. "The rate of communication," Journal of Financial Economics, Elsevier, vol. 141(2), pages 533-550.
    36. Åstebro, Thomas & Bazzazian, Navid & Braguinsky, Serguey, 2012. "Startups by recent university graduates and their faculty: Implications for university entrepreneurship policy," Research Policy, Elsevier, vol. 41(4), pages 663-677.
    37. Lee, Hoan Soo, 2017. "Peer networks in venture capital," Journal of Empirical Finance, Elsevier, vol. 41(C), pages 19-30.
    38. Asyraf Afthanorhan & Abdullah Al Mamun & Noor Raihani Zainol & Hazimi Foziah & Zainudin Awang, 2020. "Framing the Retirement Planning Behavior Model towards Sustainable Wellbeing among Youth: The Moderating Effect of Public Profiles," Sustainability, MDPI, vol. 12(21), pages 1-24, October.
    39. Ebbers, Joris J. & Wijnberg, Nachoem M., 2019. "The co-evolution of social networks and selection system orientations as core constituents of institutional logics of future entrepreneurs at school," Journal of Business Venturing, Elsevier, vol. 34(3), pages 558-577.
    40. Einarsdottir, Thorgerdur & Rafnsdottir, Gudbjorg Linda & Sigurdardottir, Margret Sigrun & Torfason, Magnus Thor, 2020. "Networks, homogeneity and gender in Icelandic business elites," Scandinavian Journal of Management, Elsevier, vol. 36(1).
    41. Chellman, Colin & Conger, Dylan & Turner, Lesley J., 2023. "Race and nativity earnings gaps: The role of college networks," Economics of Education Review, Elsevier, vol. 93(C).

  35. Josh Lerner & Peter Tufano, 2011. "The Consequences of Financial Innovation: A Counterfactual Research Agenda," NBER Working Papers 16780, National Bureau of Economic Research, Inc.

    Cited by:

    1. Liudmila Zavolokina & Mateusz Dolata & Gerhard Schwabe, 2016. "The FinTech phenomenon: antecedents of financial innovation perceived by the popular press," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 2(1), pages 1-16, December.
    2. Joanna Błach, 2020. "Barriers to Financial Innovation—Corporate Finance Perspective," JRFM, MDPI, vol. 13(11), pages 1-23, November.
    3. Ahmad Alaassar & Anne-Laure Mention & Tor Helge Aas, 2023. "Facilitating innovation in FinTech: a review and research agenda," Review of Managerial Science, Springer, vol. 17(1), pages 33-66, January.
    4. Mehmet Balcilar & Riza Demirer, 2014. "The Effect of Global Shocks and Volatility on Herd Behavior in Borsa Istanbul," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 142-172, March.
    5. de la Torre, Augusto & Feyen, Erik & Ize, Alain, 2011. "Financial development : structure and dynamics," Policy Research Working Paper Series 5854, The World Bank.
    6. Egor Krivosheya & Polina Belyakova, 2019. "Financial innovations role in consumer behavior at Russian retail payments market," Proceedings of Economics and Finance Conferences 9511955, International Institute of Social and Economic Sciences.
    7. Suleyman Hilmi Kal & Nuran Arslaner & Ferhat Arslaner, 2014. "Inflation Dynamics and Business Cycles," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 121-129, March.
    8. Ernkvist, Mirko, 2015. "The double knot of technology and business-model innovation in the era of ferment of digital exchanges: The case of OM, a pioneer in electronic options exchanges," Technological Forecasting and Social Change, Elsevier, vol. 99(C), pages 285-299.
    9. Tamer Khraisha & Keren Arthur, 2018. "Can we have a general theory of financial innovation processes? A conceptual review," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-27, December.
    10. W. Scott Frame & Lawrence J. White, 2009. "Technological Change, Financial Innovation, and Diffusion in Banking," Working Papers 09-03, New York University, Leonard N. Stern School of Business, Department of Economics.
    11. Chambers, David & Esteves, Rui, 2014. "The first global emerging markets investor: Foreign & Colonial Investment Trust 1880–1913," Explorations in Economic History, Elsevier, vol. 52(C), pages 1-21.
    12. Wilfred E. Mbowe & Fredrick R. Shirima & Deogratius Kimolo, 2020. "Role of Financial Innovation in Enhancing MSMES Access to Credit: An Empirical Investigation on Tanzania," Applied Economics and Finance, Redfame publishing, vol. 7(3), pages 126-144, May.
    13. Diana Bonfim & Pedro Pita Barros, 2010. "Counterfactual Analysis of Bank Mergers," Working Papers w201005, Banco de Portugal, Economics and Research Department.
    14. Takayuki Ogawa & Hiroaki Ohno, 2024. "Hyperbolic discounting and state‐dependent commitment," Economica, London School of Economics and Political Science, vol. 91(362), pages 414-445, April.
    15. Mr. Itai Agur & Ms. Maria Demertzis, 2013. "Leaning Against the Wind and the Timing of Monetary Policy," IMF Working Papers 2013/086, International Monetary Fund.
    16. Yuan, Gecheng & Ye, Qin & Sun, Yongping, 2021. "Financial innovation, information screening and industries’ green innovation — Industry-level evidence from the OECD," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    17. Marszk Adam, 2017. "Exchange traded commodities as a category of innovative products on European financial markets," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 13(2), pages 14-21, December.
    18. Kauffman, Robert J. & Liu, Jun & Ma, Dan, 2015. "Innovations in financial IS and technology ecosystems: High-frequency trading in the equity market," Technological Forecasting and Social Change, Elsevier, vol. 99(C), pages 339-354.
    19. Korkut Alp Erturk, 2019. "Intrinsic Moral Hazard," Working Paper Series, Department of Economics, University of Utah 2019_03, University of Utah, Department of Economics.
    20. Pitluck, Aaron Z., 2023. "The interpretive and relational work of financial innovation: A resemblance of assurance in Islamic finance," SocArXiv ce7kf, Center for Open Science.
    21. Lionel Effiom & Emmanuel Uche & Otei Asuquo Otei, 2021. "Asymmetric effects of capital flight on domestic investment in Nigeria: evidence from non-linear autoregressive distributed lag model," SN Business & Economics, Springer, vol. 1(10), pages 1-23, October.
    22. Ege Yazgan, 2014. "The effect of investors' confidence on monetary policy- economic growth relationship: a Multivariate GARCH approach," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 82-109, March.
    23. Krivosheya, Egor, 2020. "The role of financial innovations in consumer behavior in the Russian retail payments market," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    24. Bernier, Maxence & Plouffe, Michael, 2019. "Financial innovation, economic growth, and the consequences of macroprudential policies," Research in Economics, Elsevier, vol. 73(2), pages 162-173.
    25. Henderson, Brian J. & Pearson, Neil D. & Wang, Li, 2020. "Pre-trade hedging: Evidence from the issuance of retail structured products," Journal of Financial Economics, Elsevier, vol. 137(1), pages 108-128.
    26. Heikki Marjosola, 2021. "The problem of regulatory arbitrage: A transaction cost economics perspective," Regulation & Governance, John Wiley & Sons, vol. 15(2), pages 388-407, April.
    27. Ghazi Zouari & Imen Abdelmalek, 2020. "Financial Innovation, Risk Management, And Bank Performance," Copernican Journal of Finance & Accounting, Uniwersytet Mikolaja Kopernika, vol. 9(1), pages 77-100.
    28. Ivan Diaz-Rainey & John Ashton & Maz Yap & Murat Genc & Rosalind Whiting, 2015. "The determinants of regulatory responses to risks from financial innovation: Survey evidence from G20," Working Papers 15001, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    29. Luning Shao & Jianxin You & Tao Xu & Yilei Shao, 2020. "Non-Parametric Model for Evaluating the Performance of Chinese Commercial Banks’ Product Innovation," Sustainability, MDPI, vol. 12(4), pages 1-15, February.
    30. M. Sigova V. & I. Klyuchnikov K. & М. Сигова В. & И. Ключников К., 2016. "Теория Финансовых Инноваций. Критический Обзор Основных Подходов // The Theory Of Financial Innovations. A Critical Review Of Principal Approaches," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 20(6), pages 85-95.
    31. Sezer Bozkus Kahyaoglu & M. Vedat Pazarlioglu, 2014. "Hedging Strategy for Electricity Market Price Volatility: The Case of Turkish Electricity Market," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 196-210, March.
    32. Bianchi, Milo & Brière, Marie, 2021. "Human-Robot Interactions in Investment Decisions," TSE Working Papers 21-1251, Toulouse School of Economics (TSE), revised Mar 2024.
    33. P. I. Omede, 2020. "A Tale of Two Markets: How Lower-end Borrowers Are Punished for Bank Regulatory Failures in Nigeria," Journal of Consumer Policy, Springer, vol. 43(3), pages 519-542, September.
    34. Guzin Gulsun Akin & Ahmet Faruk Aysan & Gültekin Gollu & Levent Yildiran, 2014. "Formal and Informal Regulations for Credit Card Payment Services," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 1-33, March.
    35. Yao, Meifang & Di, He & Zheng, Xianrong & Xu, Xiaobo, 2018. "Impact of payment technology innovations on the traditional financial industry: A focus on China," Technological Forecasting and Social Change, Elsevier, vol. 135(C), pages 199-207.
    36. Rik Frehen & William N. Goetzmann & K. Geert Rouwenhorst, 2014. "Dutch Securities for American Land Speculation in the Late Eighteenth Century," NBER Chapters, in: Housing and Mortgage Markets in Historical Perspective, pages 287-304, National Bureau of Economic Research, Inc.
    37. Eliana Lauretta & Sajid M. Chaudhry & Daniel Santamaria, 2023. "Unveiling the black swan of the finance‐growth Nexus: Assumptions and preliminary evidence of virtuous and unvirtuous cycles," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(4), pages 3749-3773, October.
    38. Vokata, Petra, 2021. "Engineering lemons," Journal of Financial Economics, Elsevier, vol. 142(2), pages 737-755.
    39. Thorsten Beck & Tao Chen & Chen Lin & Frank M. Song, 2012. "Financial Innovation: The Bright and the Dark Sides," Working Papers 052012, Hong Kong Institute for Monetary Research.
    40. W. Scott Frame & Larry Wall & Lawrence J. White, 2018. "Technological Change and Financial Innovation in Banking: Some Implications for FinTech," Working Papers 18-28, New York University, Leonard N. Stern School of Business, Department of Economics.
    41. Keren Naa Abeka Arthur, 2017. "Financial innovation and its governance: Cases of two major innovations in the financial sector," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 3(1), pages 1-12, December.
    42. Alex Bara & Pierre LeRoux, 2018. "Technology, Financial Innovations and Bank Behavior in a Low Income Country," Journal of Economics and Behavioral Studies, AMH International, vol. 10(4), pages 221-234.
    43. Nataliia Kraus & Kateryna Kraus & Valerii Osetskyi, 2020. "New Quality Of Financial Institutions And Business Management," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 6(1).
    44. Sadettin Haluk Citci, 2014. "Agency and Transparency in Financial Markets," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 110-120, March.
    45. Lukasz Goczek, 2011. "Federal Policy Responses To The 2007-2009 Credit Crunch In The Us," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 6(3), pages 27-42, September.
    46. Žarko Đorić, 2020. "Financial Innovations In Modern Financial System – Analytical Basics And Practical Aspects," Ekonomske ideje i praksa, Faculty of Economics and Business, University of Belgrade, issue 38, pages 81-107, September.
    47. Fabian Kuehnhausen, 2014. "The Impact of Financial Innovation on Firm Stability," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 211-239, March.
    48. Ahmet Duran & Burhaneddin Izgi, 2014. "Comovement and Polarization of Interest Rate and Stock Market in Turkey," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 130-141, March.
    49. J Paul Dunne & Elizabeth Kasekende, 2017. "Mobile Money and Household Consumption Patterns in Uganda," SALDRU Working Papers 210, Southern Africa Labour and Development Research Unit, University of Cape Town.
    50. Fehder, Daniel C. & Murray, Fiona & Stern, Scott, 2014. "Intellectual property rights and the evolution of scientific journals as knowledge platforms," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 83-94.
    51. Mustansar, Talreja, 2023. "Financial innovation, technological improvement and bank’ profitability," OSF Preprints 8wy95, Center for Open Science.
    52. Orhan Erdem & Evren Arik & Serkan Yuksel, 2014. "Trading Puzzle," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 66-81, March.
    53. Beck, Thorsten & Carletti, Elena & Goldstein, Itay, 2016. "Financial Regulation in Europe: Foundations and Challenges," CEPR Discussion Papers 11147, C.E.P.R. Discussion Papers.
    54. Lauretta, Eliana, 2018. "The hidden soul of financial innovation: An agent-based modelling of home mortgage securitization and the finance-growth nexus," Economic Modelling, Elsevier, vol. 68(C), pages 51-73.
    55. Tsai-Ling Liu & Tyrone T. Lin & Shu-Yen Hsu, 2022. "Continuance Usage Intention toward E-Payment during the COVID-19 Pandemic from the Financial Sustainable Development Perspective Using Perceived Usefulness and Electronic Word of Mouth as Mediators," Sustainability, MDPI, vol. 14(13), pages 1-23, June.
    56. Ayoki, Milton, 2009. "Promoting Financial Inclusion in Africa: The Two Ambiguities," MPRA Paper 82882, University Library of Munich, Germany, revised Dec 2016.
    57. Hasan Cömert & Gerald Epstein, 2016. "Finansal Yenilik Yazinindaki Son Gelismeler," STPS Working Papers 1604, STPS - Science and Technology Policy Studies Center, Middle East Technical University, revised Jan 2016.
    58. Wesley Mendes-Da-Silva, 2015. "Financial Innovation: An Expanding Research Field," Journal of Financial Innovation, IBRIF - Instituto Brasileiro de Inovação Financeira, vol. 1(1), pages 1-1.
    59. Dominic Atogumsekiya Anarigide & Haruna Issahaku & Stanley Kojo Dary, 2023. "Drivers of financial innovation in sub-Saharan Africa," SN Business & Economics, Springer, vol. 3(9), pages 1-21, September.
    60. Hamid Mohtadi & Stefan Ruediger, 2014. "Volatility and Transparency of Financial Markets in the MENA Region," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 173-195, March.
    61. Antonina Waszczuk, 2014. "Assembling International Equity Datasets – Review of Studies on the Cross-Section of Common Stocks," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 34-65, March.

  36. Shai Bernstein & Josh Lerner & Morten Sørensen & Per Strömberg, 2010. "Private Equity and Industry Performance," Harvard Business School Working Papers 10-045, Harvard Business School.

    Cited by:

    1. Axelson, Ulf & Jenkinson, Tim & Strömberg, Per & Weisbach, Michael, 2012. "Borrow cheap, buy high? The determinants of leverage and pricing in buyouts," LSE Research Online Documents on Economics 119054, London School of Economics and Political Science, LSE Library.
    2. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    3. Truong, Huynh Sang & Walz, Uwe, 2022. "Spillovers of PE Investments," SAFE Working Paper Series 357, Leibniz Institute for Financial Research SAFE.
    4. Lopez-de-Silanes, Florencio & Phalippou, Ludovic & Gottschalg, Olivier, 2010. "Giants at the Gate: On the Cross-section of Private Equity Investment Returns," MPRA Paper 28487, University Library of Munich, Germany.
    5. Paul Lavery & John Tsoukalas & Nick Wilson, 2024. "Private equity financing & firm productivity," Working Papers 041, The Productivity Institute.
    6. Jia, Xiao & McCourt, Maurice, 2022. "Global leveraged buyout deal performance: A cross-border cross-cultural perspective," Pacific-Basin Finance Journal, Elsevier, vol. 71(C).
    7. Feng, Hongrui & Rao, Ramesh P., 2022. "The positive externalities of leveraged buyouts," Journal of Banking & Finance, Elsevier, vol. 135(C).
    8. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    9. Thorsten Knauer & Friedrich Sommer, 2012. "Interest barrier rules as a response to highly leveraged transactions," Review of Accounting and Finance, Emerald Group Publishing Limited, vol. 11(2), pages 206-232, May.
    10. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    11. Tåg, Joacim, 2010. "The Real Effects of Private Equity Buyouts," Working Paper Series 851, Research Institute of Industrial Economics.
    12. Braun, Reiner & Engel, Nico & Hieber, Peter & Zagst, Rudi, 2011. "The risk appetite of private equity sponsors," Journal of Empirical Finance, Elsevier, vol. 18(5), pages 815-832.
    13. Troy D. Smith, 2015. "Private Equity Investment in India: Efficiency vs Expansion," Discussion Papers 15-011, Stanford Institute for Economic Policy Research.
    14. Karakaya, Neslihan & Michalski, Tomasz K. & Örs, Evren, 2022. "Banking integration and growth: Role of banks' previous industry exposure," Journal of Financial Intermediation, Elsevier, vol. 49(C).
    15. Muhammad Farhan Basheer* & Salman Khan & Saira Ghulam Hassan & Muzafar Hussain Shah, 2018. "The Corporate Governance and Interdependence of Investment and Financing Decisions of Non-Financial Firms in Pakistan," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 316-323:5.
    16. Sakshi Sharma & Kunjana Malik & Manmeet Kaur & Neha Saini, 2023. "Mapping research in the field of private equity: a bibliometric analysis," Management Review Quarterly, Springer, vol. 73(1), pages 61-89, February.
    17. Popov, Alexander & Roosenboom, Peter, 2013. "Venture capital and new business creation," Journal of Banking & Finance, Elsevier, vol. 37(12), pages 4695-4710.
    18. Hu, Xinwen & Hua, Renhai & Liu, Qingfu & Wang, Chuanjie, 2023. "The green fog: Environmental rating disagreement and corporate greenwashing," Pacific-Basin Finance Journal, Elsevier, vol. 78(C).
    19. Seung Kwak & Charles Press, 2023. "Pre-LBO Credit Market Conditions and Post-LBO Target Behavior," Finance and Economics Discussion Series 2023-077, Board of Governors of the Federal Reserve System (U.S.).
    20. Sharjil M. Haque & Simon Mayer & Teng Wang, 2024. "How Private Equity Fuels Non-Bank Lending," Finance and Economics Discussion Series 2024-015, Board of Governors of the Federal Reserve System (U.S.).
    21. Indraneel Chakraborty & Michael Ewens, "undated". "Does Security Choice Matter in Venture Capital? The Case of Venture Debt," GSIA Working Papers 2012-E35, Carnegie Mellon University, Tepper School of Business.
    22. Douglas Cumming & Grant Fleming & Sofia Johan & Mai Takeuchi, 2010. "Legal Protection, Corruption and Private Equity Returns in Asia," Journal of Business Ethics, Springer, vol. 95(2), pages 173-193, September.
    23. Mohamad Helmi bin Hidthiir & Muhammad Farhan Basheer & Saira Ghulam Hassan, 2019. "The Simultaneity of Corporate Financial Decisions Under Different Levels of Managerial Ownership: A Case of Pakistani Listed Firms," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(2), pages 147-159, July.
    24. Sorin Gabriel ANTON, 2013. "Development Financial Institutions And Their Role In Supporting Emerging Markets Private Equity Funds," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 4(4), pages 126-133, December.

  37. Josh Lerner, 2010. "Innovation, Entrepreneurship and Financial Market Cycles," OECD Science, Technology and Industry Working Papers 2010/3, OECD Publishing.

    Cited by:

    1. Paul Jones & Vanessa Ratten & Ted Hayduk, 0. "Sport, fitness, and lifestyle entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-11.
    2. Hannes Maxin, 2018. "Corporate Venture Capital im Bankensektor: Eine Fallstudie," ZfKE – Zeitschrift für KMU und Entrepreneurship, Duncker & Humblot, Berlin, vol. 66(2), pages 71-89.
    3. El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane & Hou, Fangfang & Tong, Wilson H.S., 2023. "Social trust and firm innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
    4. Hu, Yefei & Liu, Dayong, 2022. "Government as a non-financial participant in innovation: How standardization led by government promotes regional innovation performance in China," Technovation, Elsevier, vol. 114(C).
    5. Ioannis Giotopoulos & Alexandra Kontolaimou & Aggelos Tsakanikas, 2017. "Drivers of high-quality entrepreneurship: what changes did the crisis bring about?," Small Business Economics, Springer, vol. 48(4), pages 913-930, April.
    6. Giebel, Marek & Kraft, Kornelius, 2020. "Bank credit supply and firm innovation behavior in the financial crisis," Journal of Banking & Finance, Elsevier, vol. 121(C).
    7. Goldman, Jim & Peress, Joel, 2023. "Firm R&D and financial analysis: How do they interact?," Journal of Financial Intermediation, Elsevier, vol. 53(C).
    8. Nemlioglu, Ilayda & Mallick, Sushanta K., 2020. "Do innovation-intensive firms mitigate their valuation uncertainty during bad times?," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 913-940.
    9. Tahseen Arshi & Paul Burns, 2018. "Entrepreneurial Architecture," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 27(2), pages 151-179, September.
    10. Landoni, Matteo, 2020. "Knowledge creation in state-owned enterprises," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 77-85.
    11. Paul Jones & Vanessa Ratten & Ted Hayduk, 2020. "Sport, fitness, and lifestyle entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 783-793, September.
    12. Chiara Criscuolo & Angelo Secchi, 2016. "Resources (mis)allocation, innovation and the competitiveness of Europe," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(1), pages 1-9, March.
    13. Fan, Weina & Anser, Muhammad Khalid & Nasir, Muhammad Hamid & Nazar, Raima, 2023. "Uncertainty in firm innovation scheme and impact of green fiscal policy; Economic recovery of Chinese firms in the post-Covid-19 era," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1424-1439.

  38. William R. Kerr & Josh Lerner & Antoinette Schoar, 2010. "The Consequences of Entrepreneurial Finance: A Regression Discontinuity Analysis," NBER Working Papers 15831, National Bureau of Economic Research, Inc.

    Cited by:

    1. Steven F. Koch & Jeffrey S. Racine, 2013. "Health Care Facility Choice and User Fee Abolition: Regression Discontinuity in a Multinomial Choice Setting," Working Papers 201353, University of Pretoria, Department of Economics.
    2. Dr Max Nathan, 2013. "The wider economic impacts of high-skilled migrants: a survey of the literature," National Institute of Economic and Social Research (NIESR) Discussion Papers 413, National Institute of Economic and Social Research.
    3. Akcigit, Ufuk & Kerr, William, 2016. "Growth through Heterogeneous Innovations," CEPR Discussion Papers 11660, C.E.P.R. Discussion Papers.
    4. Kristle Romero Cortes, 2014. "Rebuilding after Disaster Strikes: How Local Lenders Aid in the Recovery," Working Papers (Old Series) 1428, Federal Reserve Bank of Cleveland.
    5. Inés Butler & Gabriela Galassi & Hernán Ruffo, 2016. "Public funding for startups in Argentina: an impact evaluation," Small Business Economics, Springer, vol. 46(2), pages 295-309, February.
    6. Cong, Lin William & Lee, Charles M.C. & Qu, Yuanyu & Tao, Shen, 2020. "Financing Entrepreneurship and Innovation in China," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 16(1), pages 1-64, January.
    7. Quoc-Anh Do & Yen-Teik Lee & Bang Dang Nguyen, 2015. "Political Connections and Firm Value: Evidence from the Regression Discontinuity Design of Close Gubernatorial Elections," SciencePo Working papers Main hal-03459955, HAL.
    8. Jana Drechsler & Jan-Thomas Bachmann & Andreas Engelen, 2019. "The effect of immigrants in the founding team on the international attention of new ventures," Journal of International Entrepreneurship, Springer, vol. 17(3), pages 305-333, September.
    9. Annamaria Conti & Marie Thursby & Frank T. Rothaermel, 2013. "Show Me the Right Stuff: Signals for High‐Tech Startups," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(2), pages 341-364, June.
    10. Cox, Kevin C. & Lortie, Jason & Stewart, Steven A., 2017. "When to pray to the angels for funding: The seasonality of angel investing in new ventures," Journal of Business Venturing Insights, Elsevier, vol. 7(C), pages 68-76.
    11. Lahiri, Bidisha & Daramola, Richard, 2023. "Effects of credit and labor constraints on microenterprises and the unintended impact of changes in household endowments: Use of threshold estimation to detect heterogeneity," The Quarterly Review of Economics and Finance, Elsevier, vol. 88(C), pages 21-38.
    12. Chiara Pederzoli & Grid Thoma & Costanza Torricelli, 2011. "Modelling credit risk for innovative firms: the role of innovation measures," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 0025, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    13. Annamaria Conti & Jerry Thursby & Marie C. Thursby, 2013. "Patents as Signals for Startup Financing," NBER Working Papers 19191, National Bureau of Economic Research, Inc.
    14. Chiara Pederzoli & Grid Thoma & Costanza Torricelli, 2013. "Modelling Credit Risk for Innovative SMEs: the Role of Innovation Measures," Journal of Financial Services Research, Springer;Western Finance Association, vol. 44(1), pages 111-129, August.
    15. Thomas Åstebro & Carlos J. Serrano, 2011. "Business Partners, Financing, and the Commercialization of Inventions," NBER Working Papers 17181, National Bureau of Economic Research, Inc.
    16. Gilles Certhoux & Alexandre Perrin, 2013. "Business Angels' practices in the screening stage: A study of knowledge transfer to the entrepreneur," Post-Print hal-00853184, HAL.
    17. Nathan, Max, 2013. "The Wider Economic Impacts of High-Skilled Migrants: A Survey of the Literature," IZA Discussion Papers 7653, Institute of Labor Economics (IZA).

  39. Bernstein, Shai & Lerner, Josh & Schoar, Antoinette, 2009. "The Investment Strategies of Sovereign Wealth Funds," Institutions and Markets Papers 50460, Fondazione Eni Enrico Mattei (FEEM).

    Cited by:

    1. Aguilera, Ruth & Bermejo, Vicente & Capapé, Javier & Cuñat, Vicente, 2021. "The systemic governance influence of universal owners: evidence from an expectation document," LSE Research Online Documents on Economics 118899, London School of Economics and Political Science, LSE Library.
    2. İlker YAMAN & Ahmet Burçin YERELİ, 2019. "The Political Aspect of Sovereign Wealth Funds," Sosyoekonomi Journal, Sosyoekonomi Society, issue 27(41).
    3. Beck, Thorsten & Poelhekke, Steven, 2023. "Follow the money: Does the financial sector intermediate natural resource windfalls?," Journal of International Money and Finance, Elsevier, vol. 130(C).
    4. Johannes Pfeiffer, 2017. "Fossil Resources and Climate Change – The Green Paradox and Resource Market Power Revisited in General Equilibrium," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 77.
    5. John Ammer & Sara B. Holland & David C. Smith & Francis E. Warnock, 2012. "U.S. International Equity Investment," Journal of Accounting Research, Wiley Blackwell, vol. 50(5), pages 1109-1139, December.
    6. Karolyi, G. Andrew & Liao, Rose C., 2017. "State capitalism's global reach: Evidence from foreign acquisitions by state-owned companies," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 367-391.
    7. Francesco Baldi & Davide Ciferri, 2016. "State-owned private equity funds investing in "national champions": The case of Italy," ECONOMIA PUBBLICA, FrancoAngeli Editore, vol. 2016(3), pages 177-218.
    8. Mork, Knut Anton & Harang, Fabian Andsem & Trønnes, Haakon Andreas & Bjerketvedt, Vegard Skonseng, 2023. "Dynamic spending and portfolio decisions with a soft social norm," Journal of Economic Dynamics and Control, Elsevier, vol. 151(C).
    9. Amar, J. & Lecourt, C. & Carpantier, J.F., 2022. "GCC Sovereign Wealth Funds: Why do they take control?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
    10. Pedro Makhoul & Aldo Musacchio & Sergio Lazzarini, 2020. "Going the Distance: The Foreign Investment Strategies of Sovereign Wealth Funds," Strategy Science, INFORMS, vol. 5(1), pages 39-54, March.
    11. Aggarwal, Raj & Goodell, John W., 2018. "Sovereign wealth fund governance and national culture," International Business Review, Elsevier, vol. 27(1), pages 78-92.
    12. Nicolas Debarsy & Jean-Yves Gnabo & Malik Kerkour, 2017. "Sovereign Wealth Funds’ cross-border investments: assessing the role of country-level drivers and spatial competition," Post-Print hal-01251243, HAL.
    13. Moutanabbir, Khouzeima & Noureldin, Diaa, 2020. "Optimal asset allocation and consumption rules for commodity-based sovereign wealth funds," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 708-730.
    14. Alvaro Cuervo-Cazurra & Anna Grosman & William L. Megginson, 2023. "A review of the internationalization of state-owned firms and sovereign wealth funds: Governments’ nonbusiness objectives and discreet power," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(1), pages 78-106, February.
    15. Andonov, Aleksandar & Kräussl, Roman & Rauh, Joshua, 2018. "The subsidy to infrastructure as an asset class," CFS Working Paper Series 599, Center for Financial Studies (CFS).
    16. Michael Ewens & Joan Farre-Mensa, 2021. "Private or Public Equity? The Evolving Entrepreneurial Finance Landscape," NBER Working Papers 29532, National Bureau of Economic Research, Inc.
    17. Grira, Jocelyn & Labidi, Chiraz & Rouatbi, Wael, 2022. "Does political risk matter for sovereign wealth funds? International evidence," International Review of Financial Analysis, Elsevier, vol. 81(C).
    18. Amar, J. & Lecourt, C., 2023. "Sovereign wealth fund governance: A trade-off between internal and external legitimacy," International Business Review, Elsevier, vol. 32(6).
    19. Boubakri, Narjess & Cosset, Jean-Claude & Grira, Jocelyn, 2016. "Sovereign wealth funds targets selection: A comparison with pension funds," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 42(C), pages 60-76.
    20. Mstislav Afanasyev & Nataliya Shash, 2021. "Strategies For Managing Government Sovereign Wealth Funds During The Covid-19 Pandemic," Public administration issues, Higher School of Economics, issue 6, pages 49-62.
    21. Gangi, Francesco & Meles, Antonio & Mustilli, Mario & Graziano, Domenico & Varrone, Nicola, 2019. "Do investment determinants and effects vary across sovereign wealth fund categories? A firm-level analysis," Emerging Markets Review, Elsevier, vol. 38(C), pages 438-457.
    22. Knut Anton Mork & Haakon Andreas Trønnes & Vegard Skonseng Bjerketvedt, 2022. "Capital Preservation and Current Spending with Sovereign Wealth Funds and Endowment Funds: A simulation Study," IJFS, MDPI, vol. 10(3), pages 1-24, August.
    23. Shobande Olatunji Abdul, 2018. "The Rationale for Sovereign Wealth Funds in Nigeria: Issues and Considerations," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 43-46, December.
    24. Alhashel, Bader, 2015. "Sovereign Wealth Funds: A literature review," Journal of Economics and Business, Elsevier, vol. 78(C), pages 1-13.
    25. David M. Kemme & Bhavik Parikh & Tanja Steigner, 2021. "Inequality, autocracy, and sovereign funds as determinants of foreign portfolio equity flows," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 44(2), pages 249-278, June.
    26. Knut Anton Mork & Vegard Skonseng Bjerketvedt, 2021. "Soft habits," Working Paper Series 18921, Department of Economics, Norwegian University of Science and Technology.
    27. Ciarlone, Alessio & Miceli, Valeria, 2016. "Escaping financial crises? Macro evidence from sovereign wealth funds' investment behaviour," Emerging Markets Review, Elsevier, vol. 27(C), pages 169-196.
    28. Dariusz Urban, 2016. "The Investment Attractiveness of Companies Listed on the Warsaw Stock Exchange to Sovereign Wealth Funds," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 66(2), pages 333-350, June.
    29. Elvira Mami, 2023. "The role of sovereign wealth funds in natural resource-rich countries: A systematic meta-narrative review," Journal of International Business Policy, Palgrave Macmillan, vol. 6(3), pages 356-371, September.
    30. Mohamed Arouri, 2018. "On the Determinants of Sovereign Wealth Funds’ Investments: Are Arab SWFs different?," Post-Print hal-02080095, HAL.
    31. Dai, Liyan & Song, Chengxuan & You, Yu & Zhang, Wenqiao, 2022. "Do sovereign wealth funds value ESG engagement? Evidence from target firm's CSR performance," Finance Research Letters, Elsevier, vol. 50(C).
    32. Izabela Pruchnicka-Grabias, 2010. "Sovereign Wealth Funds - The Activity And Its Consequences For The Global Economy," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 6, pages 510-522.
    33. Di Wang & Robert J. Weiner & Quan Li & Srividya Jandhyala, 2021. "Leviathan as foreign investor: Geopolitics and sovereign wealth funds," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(7), pages 1238-1255, September.
    34. Bertoni, Fabio & Lugo, Stefano, 2014. "The effect of sovereign wealth funds on the credit risk of their portfolio companies," Journal of Corporate Finance, Elsevier, vol. 27(C), pages 21-35.
    35. J.-F. Carpantier & W.N. Vermeulen, 2018. "Emergence of sovereign wealth funds," Post-Print hal-01794951, HAL.
    36. Gangi, Francesco & Mustilli, Mario & Varrone, Nicola & Graziano, Domenico, 2023. "Target firms’ characteristics and the effects of sovereign wealth funds’ investments: Does cultural context of SWFs matter?," Research in International Business and Finance, Elsevier, vol. 65(C).
    37. Luisa ANDERLONI & Daniela VANDONE, 2012. "Sovereign Wealth Fund Investments in the Banking Industry," Departmental Working Papers 2012-24, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    38. Mehmet AKYOL & Barýþ YILDIZ, 2017. "Impact of size of the National Asset Funds on Economic Development: Panel Data Analysis on Select Nations," Journal of Economics Library, KSP Journals, vol. 4(2), pages 194-205, June.
    39. William L. Megginson & Asif I. Malik & Xin Yue Zhou, 2023. "Sovereign wealth funds in the post-pandemic era," Journal of International Business Policy, Palgrave Macmillan, vol. 6(3), pages 253-275, September.
    40. Boubakri, Narjess & Cosset, Jean-Claude & Grira, Jocelyn, 2017. "Sovereign wealth funds investment effects on target firms' competitors," Emerging Markets Review, Elsevier, vol. 30(C), pages 96-112.
    41. Machado E Silva, Isabela Morbach & Medeiros Costa, Hirdan Katarina de, 2019. "Brazilian Social Funds: The lessons learned from the Norway fund experience," Energy Policy, Elsevier, vol. 129(C), pages 161-167.
    42. Arouri, Mohamed & Boubaker, Sabri & Grais, Wafik & Grira, Jocelyn, 2018. "Rationality or politics? The color of black gold money," The Quarterly Review of Economics and Finance, Elsevier, vol. 70(C), pages 62-76.
    43. K.S.Reddy, 2019. "Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 19(4), pages 129-139.
    44. Pekkanen Saadia M & Tsai Kellee S, 2011. "The Politics of Ambiguity in Asia's Sovereign Wealth Funds," Business and Politics, De Gruyter, vol. 13(2), pages 1-46, August.
    45. Martinez-Oviedo, Raul & Medda, Francesca, 2017. "Assessing the effects of adding timberland and farmland into resource-based Sovereign Wealth Fund portfolios," Journal of Economics and Business, Elsevier, vol. 91(C), pages 24-40.
    46. Kotter, Jason & Lel, Ugur, 2011. "Friends or foes? Target selection decisions of sovereign wealth funds and their consequences," Journal of Financial Economics, Elsevier, vol. 101(2), pages 360-381, August.
    47. Lim, King Yoong & Morris, Diego, 2022. "Thresholds in natural resource rents and state owned enterprise profitability: Cross country evidence," Energy Economics, Elsevier, vol. 106(C).
    48. Hanan Naser, 2016. "The Role of the Gulf Cooperation Council's Sovereign Wealth Funds in the New Era of Oil," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1657-1664.
    49. Murtinu, Samuele & Scalera, Vittoria G., 2016. "Sovereign Wealth Funds' Internationalization Strategies: The Use of Investment Vehicles," Journal of International Management, Elsevier, vol. 22(3), pages 249-264.
    50. Gordon L Clark & Ashby H B Monk, 2013. "Financial Institutions, Information, and Investing-At-A-Distance," Environment and Planning A, , vol. 45(6), pages 1318-1336, June.
    51. Dewenter, Kathryn L. & Han, Xi & Malatesta, Paul H., 2010. "Firm values and sovereign wealth fund investments," Journal of Financial Economics, Elsevier, vol. 98(2), pages 256-278, November.
    52. Vladimir Atanasov & Thomas Hall & Vladimir Ivanov & Katherine Litvak, 2019. "The Impact of Public Pension Funds and Other Limited Partners on the Governance of Venture Capital Funds," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 9(01), pages 1-28, March.
    53. Alexander Dyck & Paulo Manoel & Adair Morse, 2022. "Outraged by Compensation: Implications for Public Pension Performance," The Review of Financial Studies, Society for Financial Studies, vol. 35(6), pages 2928-2980.
    54. Corneo, Giacomo, 2017. "Ein Staatsfonds, der eine soziale Dividende finanziert," Discussion Papers 2017/13, Free University Berlin, School of Business & Economics.
    55. Alhashel, Bader S. & Albader, Sulaiman H., 2020. "How do sovereign wealth funds pay their portfolio companies’ executives? Evidence from Kuwait," International Review of Economics & Finance, Elsevier, vol. 67(C), pages 303-322.
    56. Bahoo, Salman & Alon, Ilan & Paltrinieri, Andrea, 2020. "Sovereign wealth funds: Past, present and future," International Review of Financial Analysis, Elsevier, vol. 67(C).
    57. Alessio Ciarlone & Valeria Miceli, 2014. "Are Sovereign Wealth Funds contrarian investors?," Temi di discussione (Economic working papers) 972, Bank of Italy, Economic Research and International Relations Area.
    58. Snorre Lindset & Knut Anton Mork, 2019. "Risk Taking and Fiscal Smoothing with Sovereign Wealth Funds in Advanced Economies," IJFS, MDPI, vol. 7(1), pages 1-24, January.
    59. Knill, April M. & Lee, Bong Soo & Mauck, Nathan, 2012. "Sovereign wealth fund investment and the return-to-risk performance of target firms," Journal of Financial Intermediation, Elsevier, vol. 21(2), pages 315-340.
    60. Dreassi, Alberto & Miani, Stefano & Paltrinieri, Andrea, 2017. "Sovereign pension and social security reserve funds: A portfolio analysis," Global Finance Journal, Elsevier, vol. 34(C), pages 43-53.
    61. Ali Fayyaz Munir & Shahrin Saaid Shaharuddin & Mohd Edil Abd. Sukor, 2020. "Long-Term, Short-Term and Time-Varying Profitability of Reversals: The Role of Market State and Volatility," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 501-520.
    62. Andreas Benedictow & Pål Boug, 2017. "Calculating the real return on a sovereign wealth fund," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(2), pages 571-594, May.
    63. Mahadeva Lavan, 2014. "Why does natural resource abundance not always lead to better outcomes? Limited financial development versus political impatience," The B.E. Journal of Macroeconomics, De Gruyter, vol. 14(1), pages 1-37, January.
    64. Jerome Couturier & Davide Sola & Paul Stonham, 2009. "Are sovereign wealth funds “white knights”?," Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 1(3), pages 142-151, October.
    65. Annie Tubadji, 2020. "Value-Free Analysis of Values: A Culture-Based Development Approach," Sustainability, MDPI, vol. 12(22), pages 1-17, November.
    66. I. Anthopoulos & C. Pitelis & C. Liakou, 2016. "The Nature, Performance and Economic Impact of Sovereign Wealth Funds," Working papers wpaper135, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    67. Elvira Sojli & Wing Wah Tham, 2017. "Foreign political connections," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(2), pages 244-266, February.
    68. Amin Mohseni Cheraghlou, 2017. "Patterns and Trends in Sovereign Wealth Fund Investments: A Post-Crisis Descriptive Analysis," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 21(4), pages 725-763, Autumn.
    69. Boubaker, Sabri & Boubakri, Narjess & Grira, Jocelyn & Guizani, Asma, 2018. "Sovereign wealth funds and equity pricing: Evidence from implied cost of equity of publicly traded targets," Journal of Corporate Finance, Elsevier, vol. 53(C), pages 202-224.
    70. Peng Liu & Nathan Mauck & S. McKay Price, 2020. "Are Government Owned Investment Funds Created Equal? Evidence from Sovereign Wealth Fund Real Estate Acquisitions," The Journal of Real Estate Finance and Economics, Springer, vol. 61(4), pages 698-729, November.
    71. Corneo, Giacomo, 2020. "Progressive Sovereign Wealth Funds," CEPR Discussion Papers 14746, C.E.P.R. Discussion Papers.
    72. Paul Calluzzo & G Nathan Dong & David Godsell, 2017. "Sovereign wealth fund investments and the US political process," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(2), pages 222-243, February.
    73. Alvaro Cuervo-Cazurra & Anna Grosman & Geoffrey T. Wood, 2023. "Cross-country variations in sovereign wealth funds’ transparency," Journal of International Business Policy, Palgrave Macmillan, vol. 6(3), pages 306-329, September.
    74. Annie Tubadji & Peter Nijkamp, 2018. "Revisiting the Balassa–Samuelson effect: International tourism and cultural proximity," Tourism Economics, , vol. 24(8), pages 915-944, December.

  40. Lerner, Josh & Strömberg, Per & Sörensen, Morten, 2009. "Private Equity and Long-Run Investment: The Case of Innovation," SIFR Research Report Series 66, Institute for Financial Research.

    Cited by:

    1. Alon Brav & Wei Jiang & Song Ma & Xuan Tian, 2016. "How Does Hedge Fund Activism Reshape Corporate Innovation?," NBER Working Papers 22273, National Bureau of Economic Research, Inc.
    2. William R. Kerr & Ramana Nanda, 2014. "Financing Innovation," NBER Working Papers 20676, National Bureau of Economic Research, Inc.
    3. Ying Wang & Jing Zhao, 2015. "Hedge Funds and Corporate Innovation," Financial Management, Financial Management Association International, vol. 44(2), pages 353-385, June.
    4. Dong, Ming & Hirshleifer, David & Teoh, Siew Hong, 2021. "Misvaluation and Corporate Inventiveness," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 56(8), pages 2605-2633, December.
    5. Obrimah, Oghenovo A., 2016. "Information production within the venture capital market: Implications for economic growth and development," Journal of Economics and Business, Elsevier, vol. 87(C), pages 1-17.
    6. Manuel Ammann & Philipp Horsch & David Oesch, 2016. "Competing with Superstars," Management Science, INFORMS, vol. 62(10), pages 2842-2858, October.
    7. Anne-Laure Le Nadant & Frédéric Perdreau, 2011. "LBOs and innovation: the French case," Post-Print halshs-00669910, HAL.
    8. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    9. Palcic, Dónal & Reeves, Eoin, 2013. "Private equity leveraged buyouts in European telecoms: The case of Eircom," Telecommunications Policy, Elsevier, vol. 37(6), pages 573-582.
    10. Sheng-Syan Chen & Chia-Wei Huang & Chuan-Yang Hwang & Yanzhi Wang, 2022. "Voluntary disclosure and corporate innovation," Review of Quantitative Finance and Accounting, Springer, vol. 58(3), pages 1081-1115, April.
    11. Ramana Nanda & Matthew Rhodes-Kropf, 2011. "Investment Cycles and Startup Innovation," Harvard Business School Working Papers 12-032, Harvard Business School, revised Dec 2012.
    12. Ljungqvist, Alexander & Persson, Lars & TÃ¥g, Joacim, 2016. "Private Equity?s Unintended Dark Side: On the Economic Consequences of Excessive Delistings," CEPR Discussion Papers 11075, C.E.P.R. Discussion Papers.
    13. Truong, Huynh Sang & Walz, Uwe, 2022. "Spillovers of PE Investments," SAFE Working Paper Series 357, Leibniz Institute for Financial Research SAFE.
    14. Sakaki, Hamid & Jory, Surendranath Rakesh, 2019. "Institutional investors' ownership stability and firms' innovation," Journal of Business Research, Elsevier, vol. 103(C), pages 10-22.
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    669. Chatterjee, Rittwik & Chattopadhyay, Srobonti, 2015. "Collaborative Research and Rate of Interests," MPRA Paper 62114, University Library of Munich, Germany.
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  42. Henry Chen & Paul Gompers & Anna Kovner & Josh Lerner, 2009. "Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion," NBER Working Papers 15102, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bradley, Samantha R. & Gicheva, Dora & Hassell, Lydia & Link, Albert N., 2013. "Gender Differences in Access to Private Investment Funding to Support the Development of New Technologies," UNCG Economics Working Papers 13-9, University of North Carolina at Greensboro, Department of Economics.
    2. Edward L. Glaeser & Stuart S. Rosenthal & William C. Strange, 2009. "Urban Economics and Entrepreneurship," NBER Working Papers 15536, National Bureau of Economic Research, Inc.
    3. Laura Bottazzi & Marco Da Rin & Thomas Hellmann, 2007. "The Importance of Trust for Investment: Evidence from Venture Capital," Working Papers 325, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    4. Cipollone, Angela & Giordani, Paolo E., 2019. "Market frictions in entrepreneurial innovation: Theory and evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 297-331.
    5. Mollick, Ethan, 2014. "The dynamics of crowdfunding: An exploratory study," Journal of Business Venturing, Elsevier, vol. 29(1), pages 1-16.
    6. Marquez, Robert & Nanda, Vikram & Yavuz, M. Deniz, 2010. "Private Equity Fund Returns: Do Managers Actually Leave Money on the Table?," Working Papers 10-24, University of Pennsylvania, Wharton School, Weiss Center.
    7. Pennacchio, Luca, 2013. "The causal effect of venture capital backing on the underpricing of Italian IPOs," MPRA Paper 48695, University Library of Munich, Germany.
    8. Anna Kovner, 2012. "Doing Well by Doing Good? Community Development Venture Capital," Liberty Street Economics 20121121, Federal Reserve Bank of New York.
    9. Dessi, Roberta, 2011. "Innovation, Spillovers and Venture Capital Contracts," TSE Working Papers 11-253, Toulouse School of Economics (TSE), revised Dec 2013.
    10. Bryane Michael & Andy Chi-Lok Tai, 2023. "Does Asia’s Financial Intermediation of China’s Solar Industry during the 2020s Exhibit a “California Effect”?," Sustainability, MDPI, vol. 15(20), pages 1-21, October.
    11. Luca Pennacchio, 2014. "The causal effect of venture capital backing on the underpricing of Italian initial public offerings," Venture Capital, Taylor & Francis Journals, vol. 16(2), pages 131-155, April.
    12. Angela Cipollone & Paolo E. Giordani, 2012. "Animal Spirits in Entrepreneurial Innovation: Theory and Evidence," Working Papers CELEG 1201, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    13. Flavia-Diana NISTOR, 2011. "WHICH ARE THE FACTORS INFLUENCING FINANCING DECISIONS IN SMEs?," Proceedings of the International Conference Investments and Economic Recovery, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 32-36, December.
    14. Cipollone, Angela & Giordani, Paolo E., 2019. "Entrepreneurs meet financiers: Evidence from the business angel market," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    15. Haizhi Wang & Robert Wuebker & Shu Han & Michael Ensley, 2012. "Strategic alliances by venture capital backed firms: an empirical examination," Small Business Economics, Springer, vol. 38(2), pages 179-196, February.
    16. Robert Marquez & Vikram Nanda & M. Deniz Yavuz, 2015. "Private Equity Fund Returns and Performance Persistence," Review of Finance, European Finance Association, vol. 19(5), pages 1783-1823.
    17. Naomi Hausman, 2012. "University Innovation, Local Economic Growth, and Entrepreneurship," Working Papers 12-10, Center for Economic Studies, U.S. Census Bureau.
    18. Julia Sass Rubin, 2011. "Countering the Rhetoric of Emerging Domestic Markets: Why More Information Alone Will Not Address the Capital Needs of Underserved Communities," Economic Development Quarterly, , vol. 25(2), pages 182-192, May.

  43. Lerner, Josh & Malmendier, Ulrike, 2008. "Contractibility and the Design of Research Agreements," Department of Economics, Working Paper Series qt2gg4h8z0, Department of Economics, Institute for Business and Economic Research, UC Berkeley.

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    1. Ufuk Akcigit & Douglas Hanley & Nicolas Serrano-Velarde, 2021. "Back to Basics: Basic Research Spillovers, Innovation Policy, and Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(1), pages 1-43.
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    5. Helmut Bester & Johannes Münster, 2016. "Subjective evaluation versus public information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(4), pages 723-753, April.
    6. Gambardella, Alfonso & Panico, Claudio, 2014. "On the management of open innovation," Research Policy, Elsevier, vol. 43(5), pages 903-913.
    7. Hendrikse, G.W.J. & Windsperger, J., 2010. "Determinants of Contractual Completeness in Franchising," ERIM Report Series Research in Management ERS-2010-017-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    8. Niedermayer, Andras & Wu, Jianjun, 2013. "Breaking Up a Research Consortium," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 433, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    9. Manuel Hermosilla, 2021. "Rushed Innovation: Evidence from Drug Licensing," Management Science, INFORMS, vol. 67(1), pages 257-278, January.
    10. Albert Banal-Estañol & Inés Macho-Stadler & David Pérez-Castrillo, 2011. "Research output from university-industry collaborative projects," Working Papers 2011/23, Institut d'Economia de Barcelona (IEB).
    11. Reuer, Jeffrey & Devarakonda, S.V., 2015. "Mechanisms of hybrid governance : Administrative committees in non-equity alliances," Other publications TiSEM 063d9ccc-59c8-4e76-a77d-8, Tilburg University, School of Economics and Management.
    12. Hermosilla, Manuel & Wu, Yufei, 2018. "Market size and innovation: The intermediary role of technology licensing," Research Policy, Elsevier, vol. 47(5), pages 980-991.
    13. Ormazabal, Gaizka, 2018. "The Role of Stakeholders in Corporate Governance: A View from Accounting Research," CEPR Discussion Papers 12775, C.E.P.R. Discussion Papers.
    14. Kyle, Margaret & Allain, Marie-Laure, 2011. "Inefficiencies in technology transfer: theory and empirics," CEPR Discussion Papers 8206, C.E.P.R. Discussion Papers.
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    16. Evelyn Korn & Stephan Meisenzahl, 2009. "Contracting still matters! Or: How to design a letter of intent," MAGKS Papers on Economics 200909, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    17. Anjana Susarla, 2012. "Contractual Flexibility, Rent Seeking, and Renegotiation Design: An Empirical Analysis of Information Technology Outsourcing Contracts," Management Science, INFORMS, vol. 58(7), pages 1388-1407, July.
    18. Kloyer, Martin & Scholderer, Joachim, 2012. "Effective incomplete contracts and milestones in market-distant R&D collaboration," Research Policy, Elsevier, vol. 41(2), pages 346-357.
    19. Albert Banal-Estañol & Inés Macho-Stadler & David Pérez-Castrillo, 2013. "Research Output From University–Industry Collaborative Projects," Economic Development Quarterly, , vol. 27(1), pages 71-81, February.
    20. Poblete, Joaquín & Spulber, Daniel, 2017. "Managing innovation: Optimal incentive contracts for delegated R&D with double moral hazard," European Economic Review, Elsevier, vol. 95(C), pages 38-61.
    21. Galasso, Alberto & Virag, Gabor & Mitchell, Matthew, 2017. "A Theory of Grand Innovation Prizes," CEPR Discussion Papers 11860, C.E.P.R. Discussion Papers.
    22. Cabaleiro, Goretti, 2019. "Sources of appropriation capacity in licensing agreements," Technovation, Elsevier, vol. 86, pages 48-61.
    23. Armenak Antinyan & Luca Corazzini & Elena D'Agostino & Filippo Pavesi, 2019. "Watch your Words: An Experimental Study on Communication and the Opportunity Cost of Delegation," Working Papers 2019: 31, Department of Economics, University of Venice "Ca' Foscari".
    24. Muehlheusser, Gerd & Roider, Andreas & Englmaier, Florian, 2010. "Optimal Incentive Contracts under Moral Hazard When the Agent is Free to Leave," CEPR Discussion Papers 7914, C.E.P.R. Discussion Papers.
    25. Thomas Mayer, 2012. "Ziliak and McCloskey's Criticisms of Significance Tests: An Assessment," Econ Journal Watch, Econ Journal Watch, vol. 9(3), pages 256-297, September.
    26. Nicola Lacetera, 2009. "Different Missions and Commitment Power in R&D Organizations: Theory and Evidence on Industry-University Alliances," Organization Science, INFORMS, vol. 20(3), pages 565-582, June.
    27. Seongwuk Moon, 2018. "Skill development, bargaining power, and a theory of job design," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(2), pages 270-296, June.
    28. Niedermayer, Andras & Wu, Jianjun, 2013. "Breaking up a research consortium," International Journal of Industrial Organization, Elsevier, vol. 31(4), pages 342-353.
    29. Deepak Hegde & Hong Luo, 2018. "Patent Publication and the Market for Ideas," Management Science, INFORMS, vol. 64(2), pages 652-672, February.
    30. Shivaram V. Devarakonda & Brian T. McCann & Jeffrey J. Reuer, 2018. "Marshallian Forces and Governance Externalities: Location Effects on Contractual Safeguards in Research and Development Alliances," Organization Science, INFORMS, vol. 29(6), pages 1112-1129, December.
    31. Chou, Ting-Kai & Ou, Chin-Shyh & Tsai, Shu-Huan, 2014. "Value of strategic alliances: Evidence from the bond market," Journal of Banking & Finance, Elsevier, vol. 42(C), pages 42-59.
    32. Nicolas Serrano-Velarde & Douglas Hanley & Ufuk Akcigit, 2011. "Back to Basics: Private and Public Investment in Basic R&D and Macroeconomic Growth," 2011 Meeting Papers 1196, Society for Economic Dynamics.
    33. David H. Hsu & Simon Wakeman, 2011. "Technology commercialization strategy in a dynamic context: Developing specialized complementary assets in entrepreneurial firms," ESMT Research Working Papers ESMT-11-02 (R4), ESMT European School of Management and Technology, revised 02 Dec 2013.
    34. Shantala Samant & Jongwook Kim, 2021. "Determinants of common benefits and private benefits in innovation alliances," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(2), pages 294-307, March.
    35. Swagata Bhattacharjee, 2019. "Dynamic Contracting for Innovation Under Ambiguity," Working Papers 15, Ashoka University, Department of Economics, revised 02 Aug 2019.
    36. Marco Furlotti, 2007. "There is more to contracts than incompleteness: a review and assessment of empirical research on inter-firm contract design," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 11(1), pages 61-99, March.
    37. Malmendier, Ulrike M. & Karsten, Christel & Sautner, Zacharias, 2020. "Lawyer Expertise and Contract Design – Evidence from M&A Negotiations," CEPR Discussion Papers 14936, C.E.P.R. Discussion Papers.
    38. Joshua R. Bruce & John M. de Figueiredo & Brian S. Silverman, 2019. "Public contracting for private innovation: Government capabilities, decision rights, and performance outcomes," Strategic Management Journal, Wiley Blackwell, vol. 40(4), pages 533-555, April.
    39. Dewally, Michaël & Gordon, Rachel, 2022. "Financial impact of partnerships on hospitality firms," Annals of Tourism Research, Elsevier, vol. 95(C).
    40. Okamuro, Hiroyuki & Nishimura, Junichi, 2018. "Whose business is your project? A comparative study of different subsidy policy schemes for collaborative R&D," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 85-96.
    41. Englmaier, Florian & Muehlheusser, Gerd & Roider, Andreas, 2014. "Optimal incentive contracts for knowledge workers," European Economic Review, Elsevier, vol. 67(C), pages 82-106.
    42. Sonal Pandya & David Leblang, 2017. "Risky business: Institutions vs. social networks in FDI," Economics and Politics, Wiley Blackwell, vol. 29(2), pages 91-117, July.
    43. André Spithoven & Jef Vlegels & Walter Ysebaert, 2021. "Commercializing academic research: a social network approach exploring the role of regions and distance," The Journal of Technology Transfer, Springer, vol. 46(4), pages 1196-1231, August.
    44. Niyazi Taneri & Pascale Crama, 2021. "Turning the Tables in Research and Development Licensing Contracts," Management Science, INFORMS, vol. 67(9), pages 5838-5856, September.
    45. Massimo G. Colombo & Evila Piva, 2019. "Knowledge misappropriation risks and contractual complexity in entrepreneurial ventures’ non-equity alliances," Small Business Economics, Springer, vol. 53(1), pages 107-127, June.
    46. Huo, Jingjing, 2015. "How Nations Innovate: The Political Economy of Technological Innovation in Affluent Capitalist Economies," OUP Catalogue, Oxford University Press, number 9780198735847.
    47. Marie-Laure Allain & Emeric Henry & Margaret Kyle, 2016. "Competition and the Efficiency of Markets for Technology," Management Science, INFORMS, vol. 62(4), pages 1000-1019, April.
    48. Boone, Audra L. & Ivanov, Vladimir I., 2012. "Bankruptcy spillover effects on strategic alliance partners," Journal of Financial Economics, Elsevier, vol. 103(3), pages 551-569.
    49. Colombo, Massimo G. & Croce, Annalisa & Guerini, Massimiliano, 2013. "The effect of public subsidies on firms’ investment–cash flow sensitivity: Transient or persistent?," Research Policy, Elsevier, vol. 42(9), pages 1605-1623.
    50. de Bettignies, Jean-Etienne & Ries, John, 2023. "When less is more: Information and the financing of innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 214(C), pages 346-369.
    51. Massimo G. Colombo & Massimiliano Guerini & Cristina Rossi-Lamastra & Andrea Bonaccorsi, 2022. "The “first match” between high-tech entrepreneurial ventures and universities: the role of founders’ social ties," The Journal of Technology Transfer, Springer, vol. 47(1), pages 270-306, February.
    52. Panico, Claudio, 2011. "On the contractual governance of research collaborations: Allocating control and intellectual property rights in the shadow of potential termination," Research Policy, Elsevier, vol. 40(10), pages 1403-1411.
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    55. Pascale Crama & Bert De Reyck & Niyazi Taneri, 2017. "Licensing Contracts: Control Rights, Options, and Timing," Management Science, INFORMS, vol. 63(4), pages 1131-1149, April.
    56. Nishimura, Junichi & Okamuro, Hiroyuki, 2018. "Internal and external discipline: The effect of project leadership and government monitoring on the performance of publicly funded R&D consortia," Research Policy, Elsevier, vol. 47(5), pages 840-853.
    57. Shivaram V. Devarakonda & Jeffrey J. Reuer, 2019. "Safeguarding from the Sharks: Board Representation in Minority Equity Partnerships," Organization Science, INFORMS, vol. 30(5), pages 981-999, September.
    58. Beshears, John, 2013. "The performance of corporate alliances: Evidence from oil and gas drilling in the Gulf of Mexico," Journal of Financial Economics, Elsevier, vol. 110(2), pages 324-346.
    59. Gregor Matvos, 2014. "Renegotiation Design: Evidence from National Football League Roster Bonuses," Journal of Law and Economics, University of Chicago Press, vol. 57(2), pages 387-430.

  44. Josh Lerner & Antoinette Schoar & Jialan Wang, 2008. "Secrets of the Academy: The Drivers of University Endowment Success," NBER Working Papers 14341, National Bureau of Economic Research, Inc.

    Cited by:

    1. Sensoy, Berk A. & Wang, Yingdi & Weisbach, Michael S., 2014. "Limited partner performance and the maturing of the private equity industry," Journal of Financial Economics, Elsevier, vol. 112(3), pages 320-343.
    2. Jeffrey Brown & Stephen G. Dimmock & Jun-Koo Kang & Scott Weisbenner, 2010. "How University Endowments Respond to Financial Market Shocks: Evidence and Implications," NBER Working Papers 15861, National Bureau of Economic Research, Inc.
    3. Andrew Ang & Andrés Ayala & William N. Goetzmann, 2018. "Investment beliefs of endowments," European Financial Management, European Financial Management Association, vol. 24(1), pages 3-33, January.
    4. Wolfgang Bessler & Julian Holler & Philipp Kurmann, 2012. "Hedge funds and optimal asset allocation: Bayesian expectations and spanning tests," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 26(1), pages 109-141, March.
    5. Harvey S. Rosen & Alexander J.W. Sappington, 2016. "To Borrow or Not to Borrow? An Analysis of University Leverage Decisions," Working Papers 249, Princeton University, Department of Economics, Center for Economic Policy Studies..
    6. De Gennaro Aquino, Luca & Sornette, Didier & Strub, Moris S., 2023. "Portfolio selection with exploration of new investment assets," European Journal of Operational Research, Elsevier, vol. 310(2), pages 773-792.
    7. Uppal, Raman & Vilkov, Grigory & Buss, Adrian, 2015. "Where Experience Matters: Asset Allocation and Asset Pricing with Opaque and Illiquid Assets," CEPR Discussion Papers 10437, C.E.P.R. Discussion Papers.
    8. Jakub W. Jurek & Erik Stafford, 2011. "The Cost of Capital for Alternative Investments," Harvard Business School Working Papers 12-013, Harvard Business School.
    9. Harvey S. Rosen & Alexander J. W. Sappington, 2016. "To Borrow or Not to Borrow? An Analysis of University Leverage Decisions," NBER Working Papers 21951, National Bureau of Economic Research, Inc.
    10. Maria Cristina Arcuri & Gino Gandolfi & Fabrizio Laurini, 2023. "Robust portfolio optimization for banking foundations: a CVaR approach for asset allocation with mandatory constraints," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(2), pages 557-581, June.
    11. David Yermack, 2017. "Donor governance and financial management in prominent US art museums," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(3), pages 215-235, August.
    12. Ulrich Hege & Alessandro Nuti, 2011. "The Private Equity Secondaries Market During the Financial Crisis and the "Valuation Gap"," Post-Print hal-00609495, HAL.
    13. Douglas Cumming & Pedro Monteiro, 2023. "Sovereign wealth fund investment in venture capital, private equity, and real asset funds," Journal of International Business Policy, Palgrave Macmillan, vol. 6(3), pages 330-355, September.
    14. Stephen G. Dimmock & Neng Wang & Jinqiang Yang, 2019. "The Endowment Model and Modern Portfolio Theory," NBER Working Papers 25559, National Bureau of Economic Research, Inc.
    15. Benjamin Braun & Brett Christophers, 2024. "Asset manager capitalism: An introduction to its political economy and economic geography," Environment and Planning A, , vol. 56(2), pages 546-557, March.
    16. David Chambers & Elroy Dimson & Christophe Spaenjers, 0. "Art as an Asset: Evidence from Keynes the Collector," The Review of Asset Pricing Studies, Society for Financial Studies, vol. 10(3), pages 490-520.
    17. Jeffrey R. Brown & Stephen G. Dimmock & Scott Weisbenner, 2012. "The Supply of and Demand for Charitable Donations to Higher Education," NBER Working Papers 18389, National Bureau of Economic Research, Inc.
    18. Joseph Gerakos & Juhani T. Linnainmaa & Adair Morse, 2016. "Asset Managers: Institutional Performance and Smart Betas," NBER Working Papers 22982, National Bureau of Economic Research, Inc.
    19. Mimi Lord, 2020. "University Endowment Committees, Modern Portfolio Theory and Performance," JRFM, MDPI, vol. 13(9), pages 1-22, September.
    20. Sofia Johan & Minjie Zhang, 2021. "Information Asymmetries in Private Equity: Reporting Frequency, Endowments, and Governance," Journal of Business Ethics, Springer, vol. 174(1), pages 199-220, November.
    21. Shawn Kantor & Alexander Whalley, 2009. "Do Universities Generate Agglomeration Spillovers? Evidence from Endowment Value Shocks," NBER Working Papers 15299, National Bureau of Economic Research, Inc.
    22. David Chambers & Christophe Spaenjers & Eva Maria Steiner, 2020. "The Rate of Return on Real Estate: Long-Run Micro-Level Evidence," Working Papers hal-02896386, HAL.
    23. Keith C. Brown & Cristian Ioan Tiu, 2013. "The Interaction of Spending Policies, Asset Allocation Strategies, and Investment Performance at University Endowment Funds," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education, pages 43-98, National Bureau of Economic Research, Inc.
    24. Uppal, Raman & Buss, Adrian & Vilkov, Grigory, 2017. "Financial Innovation and Asset Prices," CEPR Discussion Papers 12416, C.E.P.R. Discussion Papers.
    25. Brown, Keith C. & Garlappi, Lorenzo & Tiu, Cristian, 2010. "Asset allocation and portfolio performance: Evidence from university endowment funds," Journal of Financial Markets, Elsevier, vol. 13(2), pages 268-294, May.
    26. Brown, Gregory W. & Gredil, Oleg R. & Kaplan, Steven N., 2019. "Do private equity funds manipulate reported returns?," Journal of Financial Economics, Elsevier, vol. 132(2), pages 267-297.
    27. Frank Fernandez & Xiaodan Hu & Mark Umbricht, 2023. "Examining Wyoming’s Endowment Challenge Program: A Synthetic Control Analysis," Research in Higher Education, Springer;Association for Institutional Research, vol. 64(5), pages 654-674, August.
    28. Sohvi Heaton & David Teece & Eugene Agronin, 2023. "Dynamic capabilities and governance: An empirical investigation of financial performance of the higher education sector," Strategic Management Journal, Wiley Blackwell, vol. 44(2), pages 520-548, February.
    29. Sandeep Dahiya & David Yermack, 2018. "Investment Returns and Distribution Policies of Non-Profit Endowment Funds," NBER Working Papers 25323, National Bureau of Economic Research, Inc.
    30. Harvey S. Rosen & Alexander J. W. Sappington, 2015. "What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income," NBER Working Papers 21271, National Bureau of Economic Research, Inc.
    31. Laurs, DK & Renneboog, Luc, 2018. "My Kingdom for a Horse (or a Classic Car)," Other publications TiSEM 8f244bbd-b78b-491b-9021-d, Tilburg University, School of Economics and Management.
    32. Harvey S. Rosen & Alexander J.W. Sappington, 2015. "What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income," Working Papers 244, Princeton University, Department of Economics, Center for Economic Policy Studies..
    33. William N. Goetzmann & Sharon Oster, 2013. "Competition among University Endowments," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education, pages 99-126, National Bureau of Economic Research, Inc.
    34. Buss, Adrian & Vilkov, Grigory & Uppal, Raman, 2020. "Investor Sophistication and Portfolio Dynamics," CEPR Discussion Papers 15116, C.E.P.R. Discussion Papers.
    35. Yan Lau & Harvey S. Rosen, 2015. "Are Universities Becoming More Unequal?," NBER Working Papers 21432, National Bureau of Economic Research, Inc.
    36. Rosen, Harvey S. & Sappington, Alexander J.W., 2016. "To borrow or not to borrow? An analysis of university leverage decisions," Research in Economics, Elsevier, vol. 70(1), pages 170-185.
    37. Caroline M. Hoxby, 2013. "Endowment Management Based on a Positive Model of the University," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education, pages 15-41, National Bureau of Economic Research, Inc.
    38. Harvey S. Rosen & Alexander J. W. Sappington, 2016. "Impact of Endowment Shocks on Payouts," Working Papers 250, Princeton University, Department of Economics, Center for Economic Policy Studies..
    39. Drew M. Anderson, 2019. "What Constitutes Prudent Spending from Private College Endowments? Evidence from Underwater Funds," Education Finance and Policy, MIT Press, vol. 14(1), pages 88-114, Winter.
    40. Harvey S. Rosen & Alexander J. W. Sappington, 2016. "What Do University Endowment Managers Worry About? An Analysis of Alternative Asset Investments and Background Income," Education Finance and Policy, MIT Press, vol. 11(4), pages 404-425, Fall.
    41. Yan Lau & Harvey S. Rosen, 2015. "Are Universities Becoming More Unequal?," Working Papers 245, Princeton University, Department of Economics, Center for Economic Policy Studies..
    42. Keith Brown & Cristian Tiu, 2013. "The Interaction of Spending Policies, Asset Allocation Strategies, and Investment Performance at University Endowment Funds," NBER Working Papers 19517, National Bureau of Economic Research, Inc.
    43. Alexander Whalley & Justin Hicks, 2014. "Spending Wisely? How Resources Affect Knowledge Production In Universities," Economic Inquiry, Western Economic Association International, vol. 52(1), pages 35-55, January.
    44. David Yermack, 2015. "Donor Governance and Financial Management in Prominent U.S. Art Museums," NBER Working Papers 21066, National Bureau of Economic Research, Inc.
    45. Manuel Adelino & Katharina Lewellen & W. Ben McCartney, 2022. "Hospital Financial Health and Clinical Choices: Evidence from the Financial Crisis," Management Science, INFORMS, vol. 68(3), pages 2098-2119, March.

  45. Lerner, Josh & Brunt, Liam & Nicholas, Tom, 2008. "Inducement Prizes and Innovation," CEPR Discussion Papers 6917, C.E.P.R. Discussion Papers.

    Cited by:

    1. Nuvolari, Alessandro & Tortorici, Gaspare & Vasta, Michelangelo, 2023. "British-French Technology Transfer from the Revolution to Louis Philippe (1791–1844): Evidence from Patent Data," The Journal of Economic History, Cambridge University Press, vol. 83(3), pages 833-873, September.
    2. Justice A. Tambo, 2018. "Recognizing farmer-generated innovations through contests: insights from four African countries," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 10(5), pages 1237-1250, October.
    3. Bakker, Gerben, 2013. "Money for nothing: how firms have financed R&D-projects since the Industrial Revolution," Economic History Working Papers 54518, London School of Economics and Political Science, Department of Economic History.
    4. Florian Englmaier & Stefan Grimm & Dominik Grothe & David Schindler & Simeon Schudy, 2023. "The Efficacy of Tournaments for Non-Routine Team Tasks," Rationality and Competition Discussion Paper Series 445, CRC TRR 190 Rationality and Competition.
    5. Christiane Bradler & Susanne Neckermann & Arne Warnke, 2016. "Incentivizing Creativity: A Large-Scale Experiment with Tournaments and Gifts," Tinbergen Institute Discussion Papers 16-035/VII, Tinbergen Institute.
    6. Felin, Teppo & Zenger, Todd R., 2014. "Closed or open innovation? Problem solving and the governance choice," Research Policy, Elsevier, vol. 43(5), pages 914-925.
    7. Jana Gallus & Bruno S. Frey, 2016. "Awards: A strategic management perspective," Strategic Management Journal, Wiley Blackwell, vol. 37(8), pages 1699-1714, August.
    8. Alexander M. Danzer & Natalia Danzer & Carsten Feuerbaum, 2023. "Military Spending and Innovation: Learning from 19th Century World Fair Exhibition Data," CESifo Working Paper Series 10347, CESifo.
    9. Burton, M. Diane & Nicholas, Tom, 2017. "Prizes, patents and the search for longitude," Explorations in Economic History, Elsevier, vol. 64(C), pages 21-36.
    10. Billington, Stephen D. & Hanna, Alan J., 2018. "That's classified! Inventing a new patent taxonomy," QUCEH Working Paper Series 2018-06, Queen's University Belfast, Queen's University Centre for Economic History.
    11. Rockett, K, 2008. "Property Rights and Invention," Economics Discussion Papers 2857, University of Essex, Department of Economics.
    12. Isabelle Liotard & Valérie Revest, 2018. "Contests as innovation policy instruments: lessons from the US federal agencies’ experience," Post-Print hal-02067342, HAL.
    13. Liam Brunt & Cecilia García-Peñalosa, 2022. "Urbanisation and the Onset of Modern Economic Growth," Post-Print hal-03630965, HAL.
    14. Brueggemann, Julia & Meub, Lukas, 2015. "Experimental evidence on the effects of innovation contests," University of Göttingen Working Papers in Economics 251, University of Goettingen, Department of Economics.
    15. Golombek, Rolf & Greaker, Mads & Hoel, Michael, 2020. "Should environmental R&D be prioritized?," Resource and Energy Economics, Elsevier, vol. 60(C).
    16. Kevin J. Boudreau & Karim R. Lakhani, 2015. "Innovation Experiments: Researching Technical Advance, Knowledge Production, and the Design of Supporting Institutions," NBER Chapters, in: Innovation Policy and the Economy, Volume 16, pages 135-167, National Bureau of Economic Research, Inc.
    17. Nicholas, Tom, 2011. "Cheaper patents," Research Policy, Elsevier, vol. 40(2), pages 325-339, March.
    18. Fontana, Roberto & Nuvolari, Alessandro & Shimizu, Hiroshi & Vezzulli, Andrea, 2013. "Reassessing patent propensity: Evidence from a dataset of R&D awards, 1977–2004," Research Policy, Elsevier, vol. 42(10), pages 1780-1792.
    19. Onur Bayar & Thomas J. Chemmanur & Mark H. Liu, "undated". "How to Motivate Fundamental Innovation: Subsidies versus Prizes and the Role of Venture Capital," Working Papers 0175fin, College of Business, University of Texas at San Antonio, revised 06 Jan 2016.
    20. B. Zorina Khan, 2017. "Prestige and Profit: The Royal Society of Arts and Incentives for Innovation, 1750-1850," NBER Working Papers 23042, National Bureau of Economic Research, Inc.
    21. Murray, Fiona & Stern, Scott & Campbell, Georgina & MacCormack, Alan, 2012. "Grand Innovation Prizes: A theoretical, normative, and empirical evaluation," Research Policy, Elsevier, vol. 41(10), pages 1779-1792.
    22. Tom Nicholas, 2013. "Hybrid Innovation In Meiji, Japan," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(2), pages 575-600, May.
    23. Capponi, Giovanna & Martinelli, Arianna & Nuvolari, Alessandro, 2022. "Breakthrough innovations and where to find them," Research Policy, Elsevier, vol. 51(1).
    24. Masters, William A. & Delbecq, Benoit, 2008. "Accelerating innovation with prize rewards: History and typology of technology prizes and a new contest design for innovation in African agriculture," IFPRI discussion papers 835, International Food Policy Research Institute (IFPRI).
    25. Michael Kremer & Heidi Williams, 2010. "Incentivizing Innovation: Adding to the Tool Kit," Innovation Policy and the Economy, University of Chicago Press, vol. 10(1), pages 1-17.
    26. Petra Moser & Tom Nicholas, 2013. "Prizes, Publicity and Patents: Non-Monetary Awards as a Mechanism to Encourage Innovation," Journal of Industrial Economics, Wiley Blackwell, vol. 61(3), pages 763-788, September.
    27. SUZUKI Jun, 2017. "To Support R&D or Linkages? Seeking a better policy mix for SME support," Discussion papers 17098, Research Institute of Economy, Trade and Industry (RIETI).
    28. B. Zorina Khan, 2014. "Inventing in the Shadow of the Patent System: Evidence from 19th-Century Patents and Prizes for Technological Innovations," NBER Working Papers 20731, National Bureau of Economic Research, Inc.
    29. John Liechty & Stefan Wuyts, 2021. "'If I had a hedge fund, I would cure diabetes': endogenous mechanisms for creating public goods," SN Business & Economics, Springer, vol. 1(10), pages 1-18, October.
    30. Hans-Joachim Voth & Bruno Caprettini & Alex Trew, 2022. "Fighting for Growth: Labor scarcity and technological progress during the British industrial revolution," Working Papers 2022_15, Business School - Economics, University of Glasgow.
    31. Arnault Morisson & Isabelle Liotard & Valérie Revest, 2023. "Small Wins through Inducement Prizes: Introducing Challenge-Oriented Regional Prizes (CORP)," Sustainability, MDPI, vol. 15(4), pages 1-14, February.
    32. Brüggemann, Julia & Meub, Lukas, 2017. "Experimental evidence on the effects of innovation contests," Information Economics and Policy, Elsevier, vol. 39(C), pages 72-83.
    33. Marcie Pitt-Catsouphes & Stephanie Cosner Berzin & Tay K. McNamara & Cal Halvorsen & Jim Emerman, 2016. "The Impact of the Purpose Prize™: Exploring a Method to Stimulate Social Entrepreneurship," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 133-167, June.
    34. B. Zorina Khan, 2014. "Of Time and Space: Technological Spillovers among Patents and Unpatented Innovations during Early U.S. Industrialization," NBER Working Papers 20732, National Bureau of Economic Research, Inc.
    35. Billington, Stephen D., 2018. "Patent costs and the value of inventions: Explaining patenting behaviour between England, Ireland and Scotland, 1617-1852," QUCEH Working Paper Series 2018-10, Queen's University Belfast, Queen's University Centre for Economic History.
    36. Bruno S Frey & Jana Gallus, 2016. "Honors: A rational choice analysis of award bestowals," Rationality and Society, , vol. 28(3), pages 255-269, August.
    37. Skliaustyte, Egle & Weber, Matthias, 2021. "Subsidies or Tax Breaks Versus Intellectual Property Rights: Dual Markets," SocArXiv x87fy, Center for Open Science.

  46. Steven Davis & John Haltiwanger & Ron Jarmin & Josh Lerner & Javier Miranda, 2008. "Private Equity and Employment," Working Papers 08-07, Center for Economic Studies, U.S. Census Bureau, revised Oct 2011.

    Cited by:

    1. Bloom, Nick & Sadun, Raffaella & Van Reenen, John, 2009. "Do private equity owned firms have better management practices?," LSE Research Online Documents on Economics 25482, London School of Economics and Political Science, LSE Library.
    2. Antonio Falato & Nellie Liang, 2016. "Do Creditor Rights Increase Employment Risk? Evidence from Loan Covenants," Journal of Finance, American Finance Association, vol. 71(6), pages 2545-2590, December.
    3. Palcic, Dónal & Reeves, Eoin, 2013. "Private equity leveraged buyouts in European telecoms: The case of Eircom," Telecommunications Policy, Elsevier, vol. 37(6), pages 573-582.
    4. Pagano, Marco & Ellul, Andrew & Schivardi, Fabiano, 2015. "Employment and Wage Insurance within Firms: Worldwide Evidence," CEPR Discussion Papers 10711, C.E.P.R. Discussion Papers.
    5. Albert N. Link & Christopher J. Ruhm & Donald S. Siegel, 2014. "Private Equity and the Innovation Strategies of Entrepreneurial Firms: Empirical Evidence from the Small Business Innovation Research Program," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 35(2), pages 103-113, March.
    6. Steven J. Davis & John Haltiwanger & Kyle Handley & Ron Jarmin & Josh Lerner & Javier Miranda, 2014. "Private Equity, Jobs, and Productivity," American Economic Review, American Economic Association, vol. 104(12), pages 3956-3990, December.
    7. Gregory, David, 2013. "Private equity and financial stability," Bank of England Quarterly Bulletin, Bank of England, vol. 53(1), pages 38-47.
    8. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    9. Anna Gervasoni & Francesco Bollazzi & Margherita Mietto, 2022. "Private equity for the development of smart cities: the Italian case," LIUC Papers in Economics 2022-14, Cattaneo University (LIUC).
    10. Guy Schofield, 2020. "Evidence of governance arbitrage by private equity sponsors," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(S1), pages 971-1005, April.
    11. Paige Ouimet & Rebecca Zarutskie, 2011. "Acquiring Labor," Working Papers 11-32, Center for Economic Studies, U.S. Census Bureau.
    12. Tykvová, Tereza & Borell, Mariela, 2011. "Do private equity owners increase risk of financial distress and bankruptcy?," ZEW Discussion Papers 11-076, ZEW - Leibniz Centre for European Economic Research.
    13. Martin Olsson & Joacim Tåg, 2017. "Private Equity, Layoffs, and Job Polarization," Journal of Labor Economics, University of Chicago Press, vol. 35(3), pages 697-754.
    14. Tåg, Joacim, 2010. "The Real Effects of Private Equity Buyouts," Working Paper Series 851, Research Institute of Industrial Economics.
    15. Loris Guery & Anne Stevenot & Geoffrey T. Wood & Chris Brewster, 2017. "The Impact of Private Equity on Employment: The Consequences of Fund Country of Origin—New Evidence from France," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 56(4), pages 723-750, October.
    16. Antonio Falato & J. Nellie Liang, 2012. "Do creditor rights increase employment risk? evidence from debt covenants," Finance and Economics Discussion Series 2012-42, Board of Governors of the Federal Reserve System (U.S.).
    17. Eileen Appelbaum & Rosemary Batt, 2012. "A Primer on Private Equity at Work," Challenge, Taylor & Francis Journals, vol. 55(5), pages 5-38.
    18. Eileen Appelbaum & Rosemary Batt, 2012. "A Primer on Private Equity at Work: Management, Employment, and Sustainability," CEPR Reports and Issue Briefs 2012-05, Center for Economic and Policy Research (CEPR).
    19. Patricia Crifo & Vanina Forget, 2013. "Think Global, Invest Responsible: Why the Private Equity Industry Goes Green," Journal of Business Ethics, Springer, vol. 116(1), pages 21-48, August.
    20. Popov, Alexander & Roosenboom, Peter, 2009. "On the real effects of private equity investment: evidence from new business creation," Working Paper Series 1078, European Central Bank.
    21. Steven N. Kaplan & Per Strömberg, 2008. "Leveraged Buyouts and Private Equity," NBER Working Papers 14207, National Bureau of Economic Research, Inc.
    22. Boucly, Quentin & Sraer, David & Thesmar, David, 2011. "Growth LBOs," Journal of Financial Economics, Elsevier, vol. 102(2), pages 432-453.
    23. Beck, T.H.L. & Munzele Maimbo, S. & Faye, I. & Triki, T., 2011. "Financing Africa : Through the crisis and beyond," Other publications TiSEM 334b6bd2-a7a6-47d5-be82-3, Tilburg University, School of Economics and Management.
    24. Azimjon Kuvandikov & Andrew Pendleton & David Higgins, 2014. "Employment Change after Takeovers: The Role of Executive Ownership," British Journal of Industrial Relations, London School of Economics, vol. 52(2), pages 191-236, June.
    25. Goergen, Marc & O׳Sullivan, Noel & Wood, Geoffrey, 2014. "The employment consequences of private equity acquisitions: The case of institutional buy outs," European Economic Review, Elsevier, vol. 71(C), pages 67-79.
    26. Paglia, John K. & Harjoto, Maretno A., 2014. "The effects of private equity and venture capital on sales and employment growth in small and medium-sized businesses," Journal of Banking & Finance, Elsevier, vol. 47(C), pages 177-197.
    27. Shutao Cao, 2008. "A Model of Costly Capital Reallocation and Aggregate Productivity," Staff Working Papers 08-38, Bank of Canada.
    28. Phillip Leslie & Paul Oyer, 2008. "Managerial Incentives and Value Creation: Evidence from Private Equity," NBER Working Papers 14331, National Bureau of Economic Research, Inc.
    29. A. Edward Safarian, 2011. "International Mergers and Acquisitions," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume III, chapter 6, Edward Elgar Publishing.
    30. Anne Stevenot & Loris Guery & Geoffrey Wood & Chris Brewster, 2018. "Country of Origin Effects and New Financial Actors: Private Equity Investment and Work and Employment Practices of French Firms," British Journal of Industrial Relations, London School of Economics, vol. 56(4), pages 859-881, December.
    31. Ellul, Andrew & Borisov, Alexander & Sevilir, Merih, 2015. "Access to Public Capital Markets and Employment Growth," CEPR Discussion Papers 10521, C.E.P.R. Discussion Papers.
    32. Hoellermann, Jens, 2020. "ESG in private equity and other alternative asset classes: What the industry has accomplished so far regarding environmental, social and governance matters," EIKV-Schriftenreihe zum Wissens- und Wertemanagement, European Institute for Knowledge & Value Management (EIKV), Luxembourg, volume 39, number 39.
    33. Vanina Forget, 2012. "Doing well and doing good: a multi-dimensional puzzle," Working Papers hal-00672037, HAL.
    34. Giancarlo Corsetti & Michael P. Devereux & John Hassler & Tim Jenkinson & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2009. "Chapter 3: Private Equity," EEAG Report on the European Economy, CESifo, vol. 0, pages 123-140, February.
    35. Kevin Amess & Mike Wright, 2012. "Leveraged buyouts, private equity and jobs," Small Business Economics, Springer, vol. 38(4), pages 419-430, May.
    36. Xiaoyang Li, 2012. "Workers, Unions, and Takeovers," Journal of Labor Research, Springer, vol. 33(4), pages 443-460, December.
    37. Erich Battistin & Paolo Bortoluzzi & Fabio Buttignon & Martina Serafini & Marco Vedovato, 2013. "The Effects of Private Equity on Targets: Majority versus Minority Investments," "Marco Fanno" Working Papers 0167, Dipartimento di Scienze Economiche "Marco Fanno".
    38. Alexander Borisov & Andrew Ellul & Merih Sevilir, 2015. "Access to Public Capital Markets and Employment Growth," CSEF Working Papers 399, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    39. Wolfgang Breuer & Andreas Pinkwart, 2018. "Venture capital and private equity finance as key determinants of economic development," Journal of Business Economics, Springer, vol. 88(3), pages 319-324, May.

  47. Josh Lerner, 2008. "The Litigation of Financial Innovations," NBER Working Papers 14324, National Bureau of Economic Research, Inc.

    Cited by:

    1. Juranek, Steffen, 2015. "Investing in legal advice - What determines the costs of enforcing intellectual property rights?," Discussion Papers 2015/20, Norwegian School of Economics, Department of Business and Management Science.
    2. Mehmet Balcilar & Riza Demirer, 2014. "The Effect of Global Shocks and Volatility on Herd Behavior in Borsa Istanbul," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 142-172, March.
    3. Zhang, Ya-Feng & Li, Li-Ming & Xu, Ke, 2022. "Do specialized intellectual property courts show a pro-patent propensity? Evidence from China," International Review of Law and Economics, Elsevier, vol. 70(C).
    4. Suleyman Hilmi Kal & Nuran Arslaner & Ferhat Arslaner, 2014. "Inflation Dynamics and Business Cycles," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 121-129, March.
    5. Komulainen, Mari & Takalo, Tuomas, 2009. "Does State Street lead to Europe? The case of financial exchange innovations," Bank of Finland Research Discussion Papers 22/2009, Bank of Finland.
    6. Tamer Khraisha & Keren Arthur, 2018. "Can we have a general theory of financial innovation processes? A conceptual review," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-27, December.
    7. Mamun, Md Al & Sohag, Kazi & Shahbaz, Muhammad & Hammoudeh, Shawkat, 2018. "Financial Markets, Innovations and Cleaner Energy Production in OECD Countries," MPRA Paper 85771, University Library of Munich, Germany, revised 06 Apr 2018.
    8. Stephane Lhuillery & Julio Raffo & Intan Hamdan-Livramento, 2016. "Measuring creativity: Learning from innovation measurement," WIPO Economic Research Working Papers 31, World Intellectual Property Organization - Economics and Statistics Division.
    9. Julian Schumacher & Christoph Trebesch & Henrik Enderlein, 2015. "What Explains Sovereign Debt Litigation?," CESifo Working Paper Series 5319, CESifo.
    10. Sasha Romanosky & David Hoffman & Alessandro Acquisti, 2014. "Empirical Analysis of Data Breach Litigation," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 11(1), pages 74-104, March.
    11. El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane & Hou, Fangfang & Tong, Wilson H.S., 2023. "Social trust and firm innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
    12. Ege Yazgan, 2014. "The effect of investors' confidence on monetary policy- economic growth relationship: a Multivariate GARCH approach," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 82-109, March.
    13. Hu, Yefei & Liu, Dayong, 2022. "Government as a non-financial participant in innovation: How standardization led by government promotes regional innovation performance in China," Technovation, Elsevier, vol. 114(C).
    14. Lauren Cohen & Umit G. Gurun & Scott Duke Kominers, 2019. "Patent Trolls: Evidence from Targeted Firms," Management Science, INFORMS, vol. 65(12), pages 5461-5486, December.
    15. Domicián Máté, 2015. "An analysis of the determinants of labour productivity in financial sectors in the context of intellectual property rights," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 14(3), pages 88-105.
    16. Chen Lin & Sibo Liu & Gustavo Manso, 2021. "Shareholder Litigation and Corporate Innovation," Management Science, INFORMS, vol. 67(6), pages 3346-3367, June.
    17. Giebel, Marek & Kraft, Kornelius, 2020. "Bank credit supply and firm innovation behavior in the financial crisis," Journal of Banking & Finance, Elsevier, vol. 121(C).
    18. Kimberlee Weatherall & Elizabeth Webster, 2014. "Patent Enforcement: A Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(2), pages 312-343, April.
    19. Goldman, Jim & Peress, Joel, 2023. "Firm R&D and financial analysis: How do they interact?," Journal of Financial Intermediation, Elsevier, vol. 53(C).
    20. Sezer Bozkus Kahyaoglu & M. Vedat Pazarlioglu, 2014. "Hedging Strategy for Electricity Market Price Volatility: The Case of Turkish Electricity Market," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 196-210, March.
    21. Guzin Gulsun Akin & Ahmet Faruk Aysan & Gültekin Gollu & Levent Yildiran, 2014. "Formal and Informal Regulations for Credit Card Payment Services," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 1-33, March.
    22. Nemlioglu, Ilayda & Mallick, Sushanta K., 2020. "Do innovation-intensive firms mitigate their valuation uncertainty during bad times?," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 913-940.
    23. M. K. Khabekova, 2019. "Review and Systemizing of Financial Innovation Theoretical Approaches: Forming and Development Process," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 2.
    24. Landoni, Matteo, 2020. "Knowledge creation in state-owned enterprises," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 77-85.
    25. Sadettin Haluk Citci, 2014. "Agency and Transparency in Financial Markets," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 110-120, March.
    26. Jiaming Jiang & Rajeev K. Goel & Xingyuan Zhang, 2019. "Knowledge flows from business method software patents: influence of firms’ global social networks," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1070-1096, August.
    27. Fabian Kuehnhausen, 2014. "The Impact of Financial Innovation on Firm Stability," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 211-239, March.
    28. Ahmet Duran & Burhaneddin Izgi, 2014. "Comovement and Polarization of Interest Rate and Stock Market in Turkey," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 130-141, March.
    29. Filippo Mezzanotti, 2021. "Roadblock to Innovation: The Role of Patent Litigation in Corporate R&D," Management Science, INFORMS, vol. 67(12), pages 7362-7390, December.
    30. Unsal, Omer, 2023. "Corporate crimes and innovation: Evidence from US financial firms," Economic Modelling, Elsevier, vol. 120(C).
    31. Chih-Yi, Su & Bou-Wen, Lin, 2021. "Attack and defense in patent-based competition: A new paradigm of strategic decision-making in the era of the fourth industrial revolution," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    32. Orhan Erdem & Evren Arik & Serkan Yuksel, 2014. "Trading Puzzle," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 66-81, March.
    33. Cédric Schneider, 2011. "The battle for patent rights in plant biotechnology: evidence from opposition fillings," The Journal of Technology Transfer, Springer, vol. 36(5), pages 565-579, October.
    34. Delcamp, Henry, 2015. "Are patent pools a way to help patent owners enforce their rights?," International Review of Law and Economics, Elsevier, vol. 41(C), pages 68-76.
    35. Fan, Weina & Anser, Muhammad Khalid & Nasir, Muhammad Hamid & Nazar, Raima, 2023. "Uncertainty in firm innovation scheme and impact of green fiscal policy; Economic recovery of Chinese firms in the post-Covid-19 era," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1424-1439.
    36. Hamid Mohtadi & Stefan Ruediger, 2014. "Volatility and Transparency of Financial Markets in the MENA Region," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 173-195, March.
    37. Antonina Waszczuk, 2014. "Assembling International Equity Datasets – Review of Studies on the Cross-Section of Common Stocks," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 34-65, March.

  48. Emmanuel Farhi & Josh Lerner & Jean Tirole, 2008. "Fear of Rejection? Tiered Certification and Transparency," NBER Working Papers 14457, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bar, Talia & Zheng, Yuqing, 2015. "Strategic Selection of Certifiers: Evidence from the BRC Food Safety Standard," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205570, Agricultural and Applied Economics Association.
    2. Barbos, Andrei, 2013. "Project screening with tiered evaluation," Mathematical Social Sciences, Elsevier, vol. 66(3), pages 293-306.
    3. Balafoutas, Loukas & Kerschbamer, Rudolf, 2020. "Credence goods in the literature: What the past fifteen years have taught us about fraud, incentives, and the role of institutions," Journal of Behavioral and Experimental Finance, Elsevier, vol. 26(C).
    4. Mihaela Schaar & Simpson Zhang, 2015. "A dynamic model of certification and reputation," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 58(3), pages 509-541, April.
    5. Jagjeevan Kanoujiya & Rebecca Abraham & Shailesh Rastogi & Venkata Mrudula Bhimavarapu, 2023. "Transparency and Disclosure and Financial Distress of Non-Financial Firms in India under Competition: Investors’ Perspective," JRFM, MDPI, vol. 16(4), pages 1-20, March.
    6. Doherty, Neil A. & Kartasheva, Anastasia V. & Phillips, Richard D., 2012. "Information effect of entry into credit ratings market: The case of insurers' ratings," Journal of Financial Economics, Elsevier, vol. 106(2), pages 308-330.
    7. Vasiliki Skreta & Laura Veldkamp, 2008. "Ratings Shopping and Asset Complexity: A Theory of Ratings Inflation," Working Papers 08-28, New York University, Leonard N. Stern School of Business, Department of Economics.
    8. Martin Pollrich & Lilo Wagner, 2013. "Informational Opacity and Honest Certification," Discussion Papers of DIW Berlin 1291, DIW Berlin, German Institute for Economic Research.
    9. Fabrizio Adriani & Luca G. Deidda & Silvia Sonderegger, 2014. "How do Financial Intermediaries Create Value in Security Issues?," Review of Finance, European Finance Association, vol. 18(5), pages 1915-1951.
    10. Mingfeng Lin & Paulo Goes, 2012. "The Appeal of Third-party Certifications: Information Unraveling in Natural Experiments," Working Papers 12-02, NET Institute.
    11. Sergei Kovbasyuk, 2013. "Seller - paid Ratings," EIEF Working Papers Series 1330, Einaudi Institute for Economics and Finance (EIEF), revised Nov 2013.
    12. Abidi, Nordine & Falagiarda, Matteo & Miquel-Flores, Ixart, 2023. "Quantitative easing and credit rating agencies," International Review of Financial Analysis, Elsevier, vol. 86(C).
    13. Alessandro Ispano, 2013. "Information acquisition and the value of bad news," Working Papers 2013-36, Center for Research in Economics and Statistics.
    14. Patrick Bolton & Xavier Freixas & Joel Shapiro, 2009. "The credit ratings game," Economics Working Papers 1149, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Anthony Heyes & Sandeep Kapur & Peter W. Kennedy & Steve Martin & John W. Maxwell, 2020. "But What Does It Mean? Competition between Products Carrying Alternative Green Labels When Consumers Are Active Acquirers of Information," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 7(2), pages 243-277.
    16. Michael R King & Steven Ongena & Nikola Tarashev, 2016. "Bank standalone credit ratings," BIS Working Papers 542, Bank for International Settlements.
    17. Fahad Khalil & Jacques Lawarrée & Troy J. Scott, 2015. "Private monitoring, collusion, and the timing of information," RAND Journal of Economics, RAND Corporation, vol. 46(4), pages 872-890, October.
    18. David Dranove & Ginger Zhe Jin, 2010. "Quality Disclosure and Certification: Theory and Practice," Journal of Economic Literature, American Economic Association, vol. 48(4), pages 935-963, December.
    19. Vidya Atal & Talia Bar, 2014. "Patent Quality and a Two-Tiered Patent System," Journal of Industrial Economics, Wiley Blackwell, vol. 62(3), pages 503-540, September.
    20. Jeon, Doh-Shin & Lovo, Stefano, 2011. "Reputation as an Entry Barrier in the Credit Rating Industry," TSE Working Papers 11-235, Toulouse School of Economics (TSE), revised 25 May 2012.
    21. Pollrich, Martin & Wagner, Lilo, 2016. "Imprecise information disclosure and truthful certification," European Economic Review, Elsevier, vol. 89(C), pages 345-360.
    22. Rick Harbaugh & Eric Rasmusen, 2012. "Coarse Grades: Informing the Public by Withholding Information," Working Papers 2012-06, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    23. Liu, Ye & Fang, Libing & Yu, Honghai, 2018. "Do reputable certifiers of quality exploit their reputations? Evidence from China’s IPO market," Economics Letters, Elsevier, vol. 163(C), pages 72-74.
    24. Pagano, Marco & Volpin, Paolo, 2008. "Securitization, Transparency and Liquidity," Working Papers 09-1, University of Pennsylvania, Wharton School, Weiss Center.
    25. Alexander E. Saak, 2017. "The Value of Delegated Quality Control," Journal of Industrial Economics, Wiley Blackwell, vol. 65(2), pages 309-335, June.
    26. Ying Yi Tsai & Li-Gang Liu, 2010. "Emergence of Rating Agencies : Implications for Establishing a Regional Rating Agency in Asia," Finance Working Papers 22824, East Asian Bureau of Economic Research.
    27. Gehrig, Thomas & Stenbacka, Rune, 2017. "Journal Competition and the Quality of Published Research: Simultaneous versus Sequential Screening," CEPR Discussion Papers 12065, C.E.P.R. Discussion Papers.
    28. Raphie Hayat & Frank A.G. den Butter & Udo Kock, 2011. "Halal Certification for Financial Products: A Transaction Cost Perspective," Tinbergen Institute Discussion Papers 11-171/3, Tinbergen Institute.
    29. Ying‐Ju Chen & Mingcherng Deng, 2013. "Supplier certification and quality investment in supply chains," Naval Research Logistics (NRL), John Wiley & Sons, vol. 60(3), pages 175-189, April.
    30. Jean Tirole, 2021. "Emmanuel Farhi, Economist Par Excellence," Annual Review of Economics, Annual Reviews, vol. 13(1), pages 1-17, August.
    31. Rick Harbaugh & John W. Maxwell & Beatrice Roussillon, 2011. "Label Confusion: The Groucho Effect of Uncertain Standards," Management Science, INFORMS, vol. 57(9), pages 1512-1527, February.
    32. Zheng, Yuqing & Bar, Talia, 2017. "Audit Grades in Food Safety Certification," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252714, Southern Agricultural Economics Association.
    33. Matthieu Bouvard & Raphaël Levy, 2018. "Two-Sided Reputation in Certification Markets," Management Science, INFORMS, vol. 64(10), pages 4755-4774, October.
    34. Marc Rysman & Timothy Simcoe & Yanfei Wang, 2020. "Differentiation Strategies in the Adoption of Environmental Standards: LEED from 2000 to 2014," Management Science, INFORMS, vol. 66(9), pages 4173-4192, September.
    35. Yuqing Zheng & Talia Bar, 2023. "Certifier competition and audit grades: An empirical examination using food safety certification," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(1), pages 182-196, March.
    36. Fabozzi, Frank J. & Nawas, Mike E. & Vink, Dennis, 2017. "Exploring rating shopping for european triple a senior structured finance securities," Finance Research Letters, Elsevier, vol. 20(C), pages 35-39.
    37. Rosar, Frank, 2017. "Test design under voluntary participation," Games and Economic Behavior, Elsevier, vol. 104(C), pages 632-655.
    38. Bizzotto, Jacopo & Harstad, Bård, 2023. "The certifier for the long run," International Journal of Industrial Organization, Elsevier, vol. 87(C).
    39. Byoun, Soku & Han, Seung Hun & Shin, Yoon S., 2021. "Does the Nationally Recognized Statistical Rating Organization certification matter for Japanese credit rating agencies?," Journal of Financial Markets, Elsevier, vol. 56(C).
    40. Mallory Elise Flowers & Daniel C. Matisoff & Douglas S. Noonan, 2020. "In the LEED: Racing to the Top in Environmental Self‐Regulation," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2842-2856, September.
    41. Saak, Alexander E., 2016. "Delegation of quality control in value chains:," IFPRI discussion papers 1526, International Food Policy Research Institute (IFPRI).
    42. Talia Bar & Yuqing Zheng, 2016. "Leniency and Loyalty in the Choice of Certifiers: Evidence from the BRC Food Safety Standard," Working papers 2016-22, University of Connecticut, Department of Economics.
    43. Stephanie Meyr & Sharon Tennyson, 2015. "Product Ratings as a Market Reaction to Deregulation: Evidence From the German Insurance Market," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 18(1), pages 77-100, March.
    44. Saak, Alexander E., 2016. "The Value of Delegated Quality Control and Market Size with an Application to Kyrgyzstan Dairy," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235707, Agricultural and Applied Economics Association.
    45. Ying Yi Tsai & Li-Gang Liu, 2010. "Emergence of Rating Agencies: Implications for Establishing a Regional Rating Agency in Asia," Working Papers id:2927, eSocialSciences.
    46. Farkas, Miklós, 2021. "Competition, communication and rating bias," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 637-656.

  49. Tirole, Jean & Lerner, Josh & Chiao, Benjamin, 2007. "The Rules of Standard Setting Organizations: An Empirical Analysis," CEPR Discussion Papers 6141, C.E.P.R. Discussion Papers.

    Cited by:

    1. Baron, Justus & Ménière, Yann & Pohlmann, Tim, 2014. "Standards, consortia, and innovation," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 22-35.
    2. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    3. Pierre Larouche & Florian Schuett, 2019. "Repeated interaction in standard setting," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(3), pages 488-509, June.
    4. Gill, David & Sgroi, Daniel, 2008. "The Optimal Choice of Pre-launch Reviewer: How Best to Transmit Information using Tests and Conditional Pricing," Economic Research Papers 269888, University of Warwick - Department of Economics.
    5. David Gill & Daniel Sgroi & Faculty of Economics and Churchill College & University of Cambridge, 2005. "Sequential Decisions with Tests," Economics Series Working Papers 242, University of Oxford, Department of Economics.
    6. Vitor Trindade & Johannes Moenius, 2007. "Networks, Standards and Intellectual Property Rights," Working Papers 0705, Department of Economics, University of Missouri.
    7. Xin Deng & Cher Li & Simona Mateut, 2020. "Participation in setting technology standards and the implied cost of equity," Discussion Papers 2020-29, University of Nottingham, GEP.
    8. Gastón Llanes & Joaquín Poblete, 2014. "Ex Ante Agreements in Standard Setting and Patent‐Pool Formation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(1), pages 50-67, March.
    9. van de Kaa, Geerten & Papachristos, George & de Bruijn, Hans, 2019. "The governance of platform development processes: A metaphor and a simulation model," Technological Forecasting and Social Change, Elsevier, vol. 138(C), pages 190-203.
    10. Nicolas Houy & Izabela Jelovac, 2014. "Drug approval decision times, international reference pricing and strategic launches of new drugs," Working Papers halshs-01072741, HAL.
    11. Mathias Dewatripont & Patrick Legros, 2013. "'Essential' patents, FRAND royalties and technological standards," ULB Institutional Repository 2013/168609, ULB -- Universite Libre de Bruxelles.
    12. Alessandro Bonatti & Heikki Rantakari, 2016. "The Politics of Compromise," American Economic Review, American Economic Association, vol. 106(2), pages 229-259, February.
    13. Bernhard Ganglmair & Emanuele Tarantino, 2014. "Conversation with secrets," RAND Journal of Economics, RAND Corporation, vol. 45(2), pages 273-302, June.
    14. Henry R. Delcamp & Aija Leiponen, 2012. "Innovating Standards Through Informal Consortia: The Case of Wireless Telecommunications," NBER Working Papers 18179, National Bureau of Economic Research, Inc.
    15. Meniere, Yann & Parlane, Sarah, 2010. "Decentralized licensing of complementary patents: Comparing the royalty, fixed-fee and two-part tariff regimes," Information Economics and Policy, Elsevier, vol. 22(2), pages 178-191, May.
    16. Lizzeri, Alessandro & Yariv, Leeat & Chan, Jimmy & Suen, Wing, 2015. "Deliberating Collective Decisions," CEPR Discussion Papers 10466, C.E.P.R. Discussion Papers.
    17. Milne, Alistair, 2005. "Standard setting and competition in securities settlement," Bank of Finland Research Discussion Papers 23/2005, Bank of Finland.
    18. Gamarra, Yanis Luca & Friedl, Gunther, 2023. "Declared essential patents and average total R&D expenditures per patent family," Telecommunications Policy, Elsevier, vol. 47(7).
    19. Komulainen, Mari & Takalo, Tuomas, 2009. "Does State Street lead to Europe? The case of financial exchange innovations," Bank of Finland Research Discussion Papers 22/2009, Bank of Finland.
    20. Dang, Jianwei & Kang, Byeongwoo & Ding, Ke, 2019. "International protection of standard essential patents," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 75-86.
    21. Fu, Xiao & Tan, Guofu & Wang, Jin, 2023. "Policy orientations and technology choices in standards wars," International Journal of Industrial Organization, Elsevier, vol. 88(C).
    22. Rajeev K. Goel & James W. Saunoris, 2020. "Design versus utility innovation: Is corruption sanding or greasing the wheels of innovation?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(5), pages 848-860, July.
    23. Anne Layne-Farrar & Gerard Llobet, 2012. "Payments and Participation: The Incentives to Join Cooperative Standard Setting Efforts," Working Papers wp2012_1203, CEMFI.
    24. Bekkers, Rudi & Bongard, René & Nuvolari, Alessandro, 2011. "An empirical study on the determinants of essential patent claims in compatibility standards," Research Policy, Elsevier, vol. 40(7), pages 1001-1015, September.
    25. Munirul Nabin & Pasquale Sgro & Surjasama Lahiri, 2023. "The role of standard‐setting organizations in deciding product quality and process innovation," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(4), pages 767-786, December.
    26. Lerner, Josh & Tirole, Jean, 2013. "Standard-Essential Patents," IDEI Working Papers 803, Institut d'Économie Industrielle (IDEI), Toulouse, revised 13 Mar 2014.
    27. Puay Khoon Toh & Cameron D. Miller, 2017. "Pawn to Save a Chariot, or Drawbridge Into the Fort? Firms' Disclosure During Standard Setting and Complementary Technologies Within Ecosystems," Strategic Management Journal, Wiley Blackwell, vol. 38(11), pages 2213-2236, November.
    28. Justus Baron & Yann Ménière & Tim Pohlmann, 2012. "Joint innovation in ICT standards: How consortia drive the volume of patent filings," Working Papers hal-00707291, HAL.
    29. Bernhard Ganglmair & Emanuele Tarantino, 2011. "Patent Disclosure in Standard Setting," Working Papers 11-15, NET Institute.
    30. Andrei Hagiu & David B. Yoffie, 2013. "The New Patent Intermediaries: Platforms, Defensive Aggregators, and Super-Aggregators," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 45-66, Winter.
    31. Richard Schmalensee, 2009. "Standard‐Setting, Innovation Specialists And Competition Policy," Journal of Industrial Economics, Wiley Blackwell, vol. 57(3), pages 526-552, September.
    32. Berger, Florian & Blind, Knut & Thumm, Nikolaus, 2012. "Filing behaviour regarding essential patents in industry standards," Research Policy, Elsevier, vol. 41(1), pages 216-225.
    33. Dong HUO & Jiangwei DANG & MOTOHASHI Kazuyuki, 2019. "Empirical Analysis of License Policy for Declared Standard-essential Patents in Setting Technology Standards," Discussion papers 19023, Research Institute of Economy, Trade and Industry (RIETI).
    34. Layne-Farrar, Anne & Lerner, Josh, 2011. "To join or not to join: Examining patent pool participation and rent sharing rules," International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 294-303, March.
    35. Chryssoula Pentheroudakis & Justus A. Baron, 2016. "Licensing Terms of Standard Essential Patents: A Comprehensive Analysis of Cases," JRC Research Reports JRC104068, Joint Research Centre.
    36. Alexei Alexandrov & Russell Pittman & Olga Ukhaneva, 2018. "Pricing of Complements in the U.S. Freight Railroads: Cournot Versus Coase," EAG Discussions Papers 201801, Department of Justice, Antitrust Division.
    37. Ke Feng & Bas Karreman & Deming Zeng & Enrico Pennings, 2024. "R&D collaboration, social coordination, and standardization: evidence from the Chinese automotive industry," The Journal of Technology Transfer, Springer, vol. 49(1), pages 158-190, February.
    38. Dan, Sujan M., 2019. "How interface formats gain market acceptance: The role of developers and format characteristics in the development of de facto standards," Technovation, Elsevier, vol. 88(C).
    39. PARLANE, Sarah & MENIERE, Yann, 2006. "Licensing a standard: fixed fee versus royalty," LIDAM Discussion Papers CORE 2006116, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    40. Lorenz Brachtendorf & Fabian Gaessler & Dietmar Harhoff, 2023. "Truly standard‐essential patents? A semantics‐based analysis," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 32(1), pages 132-157, January.
    41. Leiponen, Aija, 2005. "Clubs and Standards: The Role of Industry Consortia in Standardization of Wirelelss Telecommunications," Discussion Papers 997, The Research Institute of the Finnish Economy.
    42. Talia Bar & Aija Leiponen, 2014. "Committee Composition and Networking in Standard Setting: The Case of Wireless Telecommunications," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(1), pages 1-23, March.
    43. Cameron D. Miller & Puay Khoon Toh, 2022. "Complementary components and returns from coordination within ecosystems via standard setting," Strategic Management Journal, Wiley Blackwell, vol. 43(3), pages 627-662, March.
    44. Sgroi, Daniel & Oswald, Andrew J., 2012. "How Should Peer-Review Panels Behave?," Economic Research Papers 270550, University of Warwick - Department of Economics.
    45. Farrell, Joseph & Shapiro, Carl, 2007. "How Strong Are Weak Patents?," Competition Policy Center, Working Paper Series qt8vg425vj, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    46. Kang, Byeongwoo & Bekkers, Rudi, 2015. "Just-in-time patents and the development of standards," Research Policy, Elsevier, vol. 44(10), pages 1948-1961.
    47. Luis Cabral & David Salant, 2008. "Evolving Technologies and Standards Regulation," Working Papers 08-16, New York University, Leonard N. Stern School of Business, Department of Economics.
    48. Daniel C. Matisoff & Douglas S. Noonan & John J. O'Brien, 2013. "Convergence in Environmental Reporting: Assessing the Carbon Disclosure Project," Business Strategy and the Environment, Wiley Blackwell, vol. 22(5), pages 285-305, July.
    49. Joseph Farrell, 2009. "Intellectual Property as a Bargaining Environment," NBER Chapters, in: Innovation Policy and the Economy, Volume 9, pages 39-53, National Bureau of Economic Research, Inc.
    50. Anne Layne-Farrar & A. Jorge Padilla & Richard Schmalensee, 2007. "Pricing Patents for Licensing in Standard Setting Organizations: Making Sense of FRAND Commitments," Working Papers wp2007_0702, CEMFI.
    51. Samano, Mario & Santugini, Marc, 2020. "Long-run market configurations in a dynamic quality-ladder model with externalities," Journal of Economic Dynamics and Control, Elsevier, vol. 117(C).
    52. Baron, Justus, 2020. "Counting standard contributions to measure the value of patent portfolios - A tale of apples and oranges," Telecommunications Policy, Elsevier, vol. 44(3).
    53. Timothy S. Simcoe & Stuart J. H. Graham & Maryann P. Feldman, 2007. "Competing on Standards? Entrepreneurship, Intellectual Property and Platform Technologies," NBER Chapters, in: Entrepreneurship: Strategy and Structure, National Bureau of Economic Research, Inc.
    54. Bernhard Ganglmair & Luke M. Froeb & Gregory J. Werden, 2012. "Patent Hold-Up and Antitrust: How A Well-Intentioned Rule Could Retard Innovation," Journal of Industrial Economics, Wiley Blackwell, vol. 60(2), pages 249-273, June.
    55. Rysman, Marc & Simcoe, Tim, 2009. "Patents and the Performance of Voluntary Standard Setting Organizations," PIE/CIS Discussion Paper 418, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    56. Fiedler, Clemens & Larrain, Maria & Prüfer, Jens, 2023. "Membership, governance, and lobbying in standard-setting organizations," Research Policy, Elsevier, vol. 52(6).
    57. Régibeau, Pierre & Gandal, Neil, 2014. "SSOs: Current Policy Issues and Empirical Evidence," CEPR Discussion Papers 9849, C.E.P.R. Discussion Papers.
    58. Harhoff, Dietmar & Brachtendorf, Lorenz & Gaessler, Fabian, 2020. "Truly Standard-Essential Patents? A Semantics-Based Analysis," CEPR Discussion Papers 14726, C.E.P.R. Discussion Papers.
    59. Wiegmann, Paul Moritz & Eggers, Felix & de Vries, Henk J. & Blind, Knut, 2022. "Competing Standard-Setting Organizations: A Choice Experiment," Research Policy, Elsevier, vol. 51(2).
    60. Junjun Hou & Ya Hou & Zijin Li, 2022. "Patent disclosure strategies of companies participating in standard setting: Based on government regulation perspective," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3987-3995, December.
    61. Wiegmann, Paul Moritz & de Vries, Henk J. & Blind, Knut, 2017. "Multi-mode standardisation: A critical review and a research agenda," Research Policy, Elsevier, vol. 46(8), pages 1370-1386.
    62. David Gill & Daniel Sgroi, 2011. "The Optimal Choice of Pre-Launch Reviewer," Economics Series Working Papers 562, University of Oxford, Department of Economics.
    63. Justus Baron & Daniel F. Spulber, 2018. "Technology Standards and Standard Setting Organizations: Introduction to the Searle Center Database," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(3), pages 462-503, September.
    64. Justus Baron & Cher Li & Shukhrat Nasirov, 2019. "Why do R&D-intensive firms participate in standards organizations? The role of patents and product-market position," Discussion Papers 2019-16, University of Nottingham, GEP.
    65. Timothy Simcoe, 2014. "Governing the Anticommons: Institutional Design for Standard-Setting Organizations," Innovation Policy and the Economy, University of Chicago Press, vol. 14(1), pages 99-128.
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    Cited by:

    1. Shigeno, Hidenori & Bunno, Teruyuki & Abu Taher, Sheikh & Tsuji, Masatsugu, 2020. "R&D and ICT in the Innovation Process of Japanese Innovative SMEs: Panel Data Analysis Based on Firm-Level Survey Data," ITS Conference, Online Event 2020 224875, International Telecommunications Society (ITS).
    2. Alon Brav & Wei Jiang & Song Ma & Xuan Tian, 2016. "How Does Hedge Fund Activism Reshape Corporate Innovation?," NBER Working Papers 22273, National Bureau of Economic Research, Inc.
    3. William R. Kerr & Ramana Nanda, 2014. "Financing Innovation," NBER Working Papers 20676, National Bureau of Economic Research, Inc.
    4. Diego d'Andria & Ivan Savin, 2015. "Motivating innovation in a knowledge economy with tax incentives," Jena Economics Research Papers 2015-004, Friedrich-Schiller-University Jena.
    5. Bell, Alex & Chetty, Raj & Jaravel, Xavier & Petkova, Neviana & Van Reenen, John, 2019. "Do tax cuts produce more Einsteins? The impacts of financial incentives vs. exposure to innovation on the supply of inventors," LSE Research Online Documents on Economics 121796, London School of Economics and Political Science, LSE Library.
    6. Corinne Langinier & Stephanie Lluis, 2015. "Departure and Promotion of U.S. Patent Examiners: Do Patent Characteristics Matter?," Working Papers 1506, University of Waterloo, Department of Economics, revised Dec 2015.
    7. Chuan Zhang & Lixia Liu, 2022. "Authorized patents and total factor productivity under intensified market competition: Quasi‐natural experimental evidence from China," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 3576-3592, December.
    8. Luo, Yonggen & Wu, Huiying & Ying, Sammy Xiaoyan & Peng, Qiuping, 2022. "Do company visits by institutional investors mitigate managerial myopia in R&D investment? Evidence from China," Global Finance Journal, Elsevier, vol. 51(C).
    9. Qian Wang & Xiaojie Pei & Huigang Liang, 2022. "Founder CEO, CEO Characteristics, and Firm Innovation Efficiency: An Empirical Study of China’s GEM-Listed Companies," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    10. Ufuk Akcigit & Nathan Goldschlag, 2022. "Measuring the Characteristics and Employment Dynamics of U.S. Inventors," Working Papers 22-43, Center for Economic Studies, U.S. Census Bureau.
    11. Wang, Juxian & Ma, Mengdi & Dong, Tianyi & Zhang, Zheyuan, 2023. "Do ESG ratings promote corporate green innovation? A quasi-natural experiment based on SynTao Green Finance's ESG ratings," International Review of Financial Analysis, Elsevier, vol. 87(C).
    12. Koh, Dongya; Santaeulàlia-Llopis, Raül; Zheng, Yu, 2015. "Labor share decline and intellectual property products capital," Economics Working Papers ECO2015/05, European University Institute.
    13. Julian Atanassov, 2016. "Arm’s Length Financing and Innovation: Evidence from Publicly Traded Firms," Management Science, INFORMS, vol. 62(1), pages 128-155, January.
    14. Guillaume Garnotel & Patrick Loux, 2008. "Politiques de rémunération des dirigeants et investissements liés à l'innovation dans les industries de haute technologie," Revue Finance Contrôle Stratégie, revues.org, vol. 11(4), pages 65-85, December.
    15. Chen, Chao & Gu, Junjian & Luo, Rongxi, 2022. "Corporate innovation and R&D expenditure disclosures," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
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    35. Taisuke Matsuzaki & Hidenori Shigeno & Teruyuki Bunno & Hiroki Idota & Masatsugu Tsuji, 2023. "The Relationship Between Innovation and Corporate Performance in Japanese SMEs by Two-Stage Panel Data Analysis: Focusing on the Joint Effect of ICT and R&D," The Review of Socionetwork Strategies, Springer, vol. 17(1), pages 55-71, April.
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    Cited by:

    1. Stanfield, Jared, 2020. "Skill, syndication, and performance: Evidence from leveraged buyouts," Journal of Corporate Finance, Elsevier, vol. 65(C).
    2. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    3. Jerry Cao, 2013. "Private equity, RLBOs and IPO performance," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 18, pages 375-399, Edward Elgar Publishing.
    4. Datta, Sudip & Gruskin, Mark & Iskandar-Datta, Mai, 2015. "On post-IPO stock price performance: A comparative analysis of RLBOs and IPOs," Journal of Banking & Finance, Elsevier, vol. 55(C), pages 187-203.
    5. Lopez-de-Silanes, Florencio & Phalippou, Ludovic & Gottschalg, Olivier, 2010. "Giants at the Gate: On the Cross-section of Private Equity Investment Returns," MPRA Paper 28487, University Library of Munich, Germany.
    6. Chen, Sheng-Syan & Ho, Kim Wai & Huang, Chia-Wei & Wang, Yanzhi, 2013. "Buyback behavior of initial public offering firms," Journal of Banking & Finance, Elsevier, vol. 37(1), pages 32-42.
    7. Sian Owen & Jo-Ann Suchard, 2013. "The impact of venture capital/private equity investment on the performance of IPOs in Australia," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 19, pages 400-420, Edward Elgar Publishing.
    8. Lily Fang & Victoria Ivashina & Josh Lerner, 2013. "Combining Banking with Private Equity Investing," The Review of Financial Studies, Society for Financial Studies, vol. 26(9), pages 2139-2173.
    9. Rui Alpalhao & Paulo Alves, 2013. "States as LBO Specialists: Evidence from Portugal," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 4(2), pages 68-76, April.
    10. Cumming, Douglas & Zambelli, Simona, 2010. "Illegal buyouts," Journal of Banking & Finance, Elsevier, vol. 34(2), pages 441-456, February.
    11. Shai Bernstein & Josh Lerner & Morten Sørensen & Per Strömberg, 2010. "Private Equity and Industry Performance," NBER Working Papers 15632, National Bureau of Economic Research, Inc.
    12. Cao, Jerry X. & Cumming, Douglas & Qian, Meijun & Wang, Xiaoming, 2015. "Cross-border LBOs," Journal of Banking & Finance, Elsevier, vol. 50(C), pages 69-80.
    13. Cumming, Douglas & Zambelli, Simona, 2013. "Private equity performance under extreme regulation," Journal of Banking & Finance, Elsevier, vol. 37(5), pages 1508-1523.
    14. Bank for International Settlements, 2008. "Private equity and leveraged finance markets," CGFS Papers, Bank for International Settlements, number 30, december.
    15. Driessen, Joost & Lin, Tse-Chun & Phalippou, Ludovic, 2012. "A New Method to Estimate Risk and Return of Nontraded Assets from Cash Flows: The Case of Private Equity Funds," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 47(3), pages 511-535, June.
    16. Claudio Loderer & René Stulz & Urs Waelchli, 2017. "Firm Rigidities and the Decline in Growth Opportunities," Management Science, INFORMS, vol. 63(9), pages 3000-3020, September.
    17. Johan, Sofia & Zhang, Minjie, 2016. "Private equity exits in emerging markets," Emerging Markets Review, Elsevier, vol. 29(C), pages 133-153.
    18. Engel, Dirk & Stiebale, Joel, 2009. "Private Equity, Investment and Financial Constraints – Firm-Level Evidence for France and the United Kingdom," Ruhr Economic Papers 126, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    19. He, Yuqian & Tang, Song & Wang, Lanfang & Wang, Susheng & Yu, Tao, 2024. "Private equity market development, state ownership, and firm innovation: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 958-985.
    20. Becker, Bo & Ivashina, Victoria, 2019. "Disruption and Credit Markets," CEPR Discussion Papers 13508, C.E.P.R. Discussion Papers.
    21. Charlie Weir & Peter Jones & Mike Wright, 2015. "Public to private transactions, private equity and financial health in the UK: an empirical analysis of the impact of going private," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 19(1), pages 91-112, February.
    22. Oliver Gottschalg & Viral V. Acharya & Moritz Hahn & Conor Kehoe, 2013. "Corporate Governance and Value Creation: Evidence from Private Equity," Post-Print hal-00784067, HAL.
    23. Dong, Qi & Slovin, Myron B. & Sushka, Marie E., 2020. "Private equity exits after IPOs," Journal of Corporate Finance, Elsevier, vol. 64(C).
    24. Chong Wang, 2010. "Does the monitoring role of buyout houses improve discretionary accruals quality?," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 50(4), pages 993-1012, December.
    25. Troy D. Smith, 2015. "Private Equity Investment in India: Efficiency vs Expansion," Discussion Papers 15-011, Stanford Institute for Economic Policy Research.
    26. Cumming, Douglas & Helge Haß, Lars & Schweizer, Denis, 2013. "Private equity benchmarks and portfolio optimization," Journal of Banking & Finance, Elsevier, vol. 37(9), pages 3515-3528.
    27. Gibbs, Michael & Hao, (Grace) Qing, 2018. "Short selling around the expiration of IPO share lockups," Journal of Banking & Finance, Elsevier, vol. 88(C), pages 30-43.
    28. Matanova, Natalia & Steigner, Tanja & Sutton, Ninon & Thompson, Linh, 2022. "The influence of private equity and venture capital on the post-IPO performance of newly-public acquirers," The North American Journal of Economics and Finance, Elsevier, vol. 59(C).
    29. Badertscher, Brad A. & Katz, Sharon P. & Rego, Sonja O., 2013. "The separation of ownership and control and corporate tax avoidance," Journal of Accounting and Economics, Elsevier, vol. 56(2), pages 228-250.
    30. Sharon Katz, 2008. "Earnings Quality and Ownership Structure: The Role of Private Equity Sponsors," NBER Working Papers 14085, National Bureau of Economic Research, Inc.
    31. Claudio Loderer & René Stulz & Urs Waelchli, 2013. "Limited Managerial Attention and Corporate Aging," NBER Working Papers 19428, National Bureau of Economic Research, Inc.
    32. Renneboog, Luc & Vansteenkiste, Cara, 2017. "Leveraged Buyouts : A Survey of the Literature," Discussion Paper 2017-015, Tilburg University, Center for Economic Research.
    33. Aldatmaz, Serdar & Brown, Gregory W., 2020. "Private equity in the global economy: Evidence on industry spillovers," Journal of Corporate Finance, Elsevier, vol. 60(C).
    34. Dunbar, Craig G. & King, Michael R., 2023. "Syndicate structure and IPO outcomes: The impact of underwriter roles and syndicate concentration," Journal of Corporate Finance, Elsevier, vol. 79(C).
    35. Douglas Cumming & Simona Zambelli, 2017. "Due Diligence and Investee Performance," European Financial Management, European Financial Management Association, vol. 23(2), pages 211-253, March.
    36. Dasilas, Apostolos & Grose, Chris, 2018. "The wealth effects of public-to-private LBOs: Evidence from Europe," International Review of Financial Analysis, Elsevier, vol. 58(C), pages 179-194.
    37. Andrew Metrick & Ayako Yasuda, 2007. "The economics of private equity funds," Proceedings, Federal Reserve Bank of San Francisco, issue Oct.
    38. Michala, Dimitra, 2019. "Are private equity backed initial public offerings any different? Timing, information asymmetry and post-IPO survival," Journal of Corporate Finance, Elsevier, vol. 59(C), pages 31-47.
    39. Brown, Gregory W. & Gredil, Oleg R. & Kaplan, Steven N., 2019. "Do private equity funds manipulate reported returns?," Journal of Financial Economics, Elsevier, vol. 132(2), pages 267-297.
    40. Gill, Andrej & Visnjic, Nikolai, 2013. "Performance benefits of tight control," SAFE Working Paper Series 24, Leibniz Institute for Financial Research SAFE.
    41. Michael Hilb & Tomas Casas, 2015. "Towards a construct of entrepreneurial strategising: the case of private equity," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 7(1), pages 84-101.
    42. Qigui Liu & Jinghua Tang & Gary Tian, 2021. "Monitoring or colluding: the role of venture capital investors in the IPO process," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(1), pages 1017-1046, March.
    43. Phalippou, Ludovic & Rauch, Christian & Umber, Marc, 2018. "Private equity portfolio company fees," Journal of Financial Economics, Elsevier, vol. 129(3), pages 559-585.
    44. Hsu, Hung-Chia Scott, 2013. "Technology timing of IPOs and venture capital incubation," Journal of Corporate Finance, Elsevier, vol. 19(C), pages 36-55.
    45. Jeffrey Harrison & Matthew Hart & Derek Oler, 2014. "Leverage and acquisition performance," Review of Quantitative Finance and Accounting, Springer, vol. 43(3), pages 571-603, October.
    46. Phillip Leslie & Paul Oyer, 2008. "Managerial Incentives and Value Creation: Evidence from Private Equity," NBER Working Papers 14331, National Bureau of Economic Research, Inc.
    47. Minardi, Andrea Maria Accioly Fonseca & Ferrari, Guilherme Lopes & AraújoTavares, Pedro Carvalho, 2013. "Performances of Brazilian IPOs backed by private equity," Journal of Business Research, Elsevier, vol. 66(3), pages 448-455.
    48. Baran, Lindsay C. & King, Tao-Hsien Dolly, 2010. "Going private transactions, bondholder returns, and wealth transfer effects," Journal of Banking & Finance, Elsevier, vol. 34(8), pages 1856-1872, August.
    49. Ayash, Brian & Schütt, Harm, 2016. "Does going private add value through operating improvements?," Journal of Corporate Finance, Elsevier, vol. 40(C), pages 192-215.
    50. Cao, Xiaping & Cumming, Douglas & Goh, Jeremy & Wang, Xiaoming, 2019. "The impact of investor protection law on global takeovers: LBO vs. non-LBO transactions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 59(C), pages 1-18.
    51. Jarrad Harford & Adam Kolasinski, 2014. "Do Private Equity Returns Result from Wealth Transfers and Short-Termism? Evidence from a Comprehensive Sample of Large Buyouts," Management Science, INFORMS, vol. 60(4), pages 888-902, April.
    52. Cao, Xiaping & Chan, Konan & Kahle, Kathleen, 2018. "Risk and performance of bonds sponsored by private equity firms," Journal of Banking & Finance, Elsevier, vol. 93(C), pages 41-53.
    53. Stefano Bonini, 2015. "Secondary Buyouts: Operating Performance and Investment Determinants," Financial Management, Financial Management Association International, vol. 44(2), pages 431-470, June.
    54. Ranko Jelic & Mike Wright, 2011. "Exits, Performance, and Late Stage Private Equity: the Case of UK Management Buy†outs," European Financial Management, European Financial Management Association, vol. 17(3), pages 560-593, June.
    55. James Dominic & Anto Joseph, 2023. "Dynamics of Venture Capital and Private Equity Investments in India: An Empirical Analysis," JRFM, MDPI, vol. 16(11), pages 1-23, November.
    56. Naaguesh Appadu & Anna Faelten & Mario Levis, 2013. "Acquisitions, SEOs, divestitures and IPO performance," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 17, pages 347-374, Edward Elgar Publishing.
    57. Hammer, Benjamin & Knauer, Alexander & Pflücke, Magnus & Schwetzler, Bernhard, 2017. "Inorganic growth strategies and the evolution of the private equity business model," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 31-63.
    58. Jenkinson, Tim & Sousa, Miguel, 2015. "What determines the exit decision for leveraged buyouts?," Journal of Banking & Finance, Elsevier, vol. 59(C), pages 399-408.
    59. Procher, Vivien D. & Engel, Dirk, 2018. "The investment-divestment relationship: Resource shifts and intersubsidiary competition within MNEs," International Business Review, Elsevier, vol. 27(3), pages 528-542.
    60. Jenkinson, Tim & Morkoetter, Stefan & Schori, Tobias & Wetzer, Thomas, 2022. "Buy low, sell high? Do private equity fund managers have market timing abilities?," Journal of Banking & Finance, Elsevier, vol. 138(C).
    61. Ettore Croci & Alfonso Del Giudice, 2014. "Delistings, Controlling Shareholders and Firm Performance in Europe," European Financial Management, European Financial Management Association, vol. 20(2), pages 374-405, March.
    62. Jelic, Ranko & Zhou, Dan & Ahmad, Wasim, 2021. "Do stressed PE firms misbehave?," Journal of Corporate Finance, Elsevier, vol. 66(C).

  52. Paul Gompers & Anna Kovner & Josh Lerner & David Scharfstein, 2006. "Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs," NBER Working Papers 12592, National Bureau of Economic Research, Inc.

    Cited by:

    1. Akin Koçak & Michael H. Morris & Haroon Muzaffer Buttar & Sertaç Cifci, 2010. "Entrepreneurial Exit And Reentry: An Exploratory Study Of Turkish Entrepreneurs," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 15(04), pages 439-459.
    2. Francesco Quatraro & Marco Vivarelli, 2015. "Drivers of entrepreneurship and post-entry performance of newborn firms in developing countries," Post-Print hal-01071511, HAL.
    3. Quatraro, Francesco & Vivarelli, Marco, 2013. "Entrepreneurship In A Developing Country Context," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201314, University of Turin.
    4. Nicolai J. Foss & Peter G. Klein & Lasse B. Lien & Thomas Zellweger & Todd Zenger, 2021. "Ownership competence," Strategic Management Journal, Wiley Blackwell, vol. 42(2), pages 302-328, February.
    5. Kaplan, Steven N. & Klebanov, Mark M. & Rauh, Joshua, 2008. "Which CEO Characteristics and Abilities Matter?," Working Papers 230, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    6. Antoaneta P. Petkova & Violina P. Rindova & Anil K. Gupta, 2013. "No News Is Bad News: Sensegiving Activities, Media Attention, and Venture Capital Funding of New Technology Organizations," Organization Science, INFORMS, vol. 24(3), pages 865-888, June.
    7. Egan, Edward J., 2022. "A framework for assessing municipal high-growth high-technology entrepreneurship policy," Research Policy, Elsevier, vol. 51(9).
    8. Ruijun Zhang & Xiaotong Yang & Nian Li & Muhammad Asif Khan, 2021. "Herd Behavior in Venture Capital Market: Evidence from China," Mathematics, MDPI, vol. 9(13), pages 1-18, June.
    9. Braunerhjelm, Pontus & Lappi, Emma, 2023. "Employees' entrepreneurial human capital and firm performance," Research Policy, Elsevier, vol. 52(2).
    10. Das, Sanjiv R. & Jo, Hoje & Kim, Yongtae, 2011. "Polishing diamonds in the rough: The sources of syndicated venture performance," Journal of Financial Intermediation, Elsevier, vol. 20(2), pages 199-230, April.
    11. Ullah, Barkat, 2021. "Does innovation explain the performance gap between privatized and private firms?," Journal of Economics and Business, Elsevier, vol. 113(C).
    12. Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2017. "The Impact of Consumer Credit Access on Employment, Earnings, and Entrepreneurship," Working Papers 2017-011, Human Capital and Economic Opportunity Working Group.
    13. Dew, Nicholas & Read, Stuart & Sarasvathy, Saras D. & Wiltbank, Robert, 2009. "Effectual versus predictive logics in entrepreneurial decision-making: Differences between experts and novices," Journal of Business Venturing, Elsevier, vol. 24(4), pages 287-309, July.
    14. Steven N. Kaplan & Mark M. Klebanov & Morten Sorensen, 2012. "Which CEO Characteristics and Abilities Matter?," Journal of Finance, American Finance Association, vol. 67(3), pages 973-1007, June.
    15. Peter Wirtz, 2011. "Beyond Agency Theory: Value Creation and the Role of Cognition in the Relationship Between Entrepreneurs and Venture Capitalists," Post-Print halshs-00642764, HAL.
    16. Butticè, Vincenzo & Croce, Annalisa & Ughetto, Elisa, 2021. "Network dynamics in business angel group investment decisions," Journal of Corporate Finance, Elsevier, vol. 66(C).
    17. Dmitri Boreiko & Dimche Risteski, 2021. "Serial and large investors in initial coin offerings," Small Business Economics, Springer, vol. 57(2), pages 1053-1071, August.
    18. Michael D. McKenzie & William H. Janeway, 2011. "Venture capital funds and the public equity market," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 51(3), pages 764-786, September.
    19. Zhang, Junfu, 2007. "The Advantage of Experienced Start-Up Founders in Venture Capital Acquisition: Evidence from Serial Entrepreneurs," IZA Discussion Papers 2964, Institute of Labor Economics (IZA).
    20. Jeongsik “Jay” Lee, 2010. "Heterogeneity, Brokerage, and Innovative Performance: Endogenous Formation of Collaborative Inventor Networks," Organization Science, INFORMS, vol. 21(4), pages 804-822, August.
    21. Jing Chen, 2013. "Selection and Serial Entrepreneurs," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 22(2), pages 281-311, June.
    22. Isik, Ihsan & Topuz, John C., 2017. "Meet the “born efficient” financial institutions: Evidence from the boom years of US REITs," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 70-99.
    23. Dan K. Hsu & Johan Wiklund & Richard D. Cotton, 2017. "Success, Failure, and Entrepreneurial Reentry: An Experimental Assessment of the Veracity of Self–Efficacy and Prospect Theory," Entrepreneurship Theory and Practice, , vol. 41(1), pages 19-47, January.
    24. Toft-Kehler, Rasmus & Wennberg, Karl & Kim, Phillip, 2013. "Practice Makes Perfect: Entrepreneurial-Experience Curves and Venture Performance," Ratio Working Papers 210, The Ratio Institute.
    25. Steven N. Kaplan & Mark M. Klebanov & Morten Sorensen, 2008. "Which CEO Characteristics and Abilities Matter?," NBER Working Papers 14195, National Bureau of Economic Research, Inc.
    26. Amol Navathe & Guy David, 2009. "The Formation of Peer Reputation among Physicians and Its Effect on Technology Adoption," Journal of Human Capital, University of Chicago Press, vol. 3(4), pages 289-322.
    27. Christian Keuschnigg, 2008. "Tax Policy for Venture Capital Backed Entrepreneurship," University of St. Gallen Department of Economics working paper series 2008 2008-07, Department of Economics, University of St. Gallen.
    28. Jennifer M. Walske & Andrew Zacharakis, 2009. "Genetically Engineered: Why Some Venture Capital Firms are more Successful than Others," Entrepreneurship Theory and Practice, , vol. 33(1), pages 297-318, January.
    29. Kaiser, Ulrich & Kuhn, Johan Moritz, 2020. "Value of Publicly Available, Textual and Non-textuThe al Information for Startup Performance Prediction," IZA Discussion Papers 13029, Institute of Labor Economics (IZA).
    30. Itxaso del-Palacio & Xiaotian Zhang & Francesc Sole, 2012. "The capital gap for small technology companies: public venture capital to the rescue?," Small Business Economics, Springer, vol. 38(3), pages 283-301, April.
    31. Nobuyuki Hanaki & Alan Kirman & Matteo Marsili, 2009. "Born Under a Lucky Star?," Tsukuba Economics Working Papers 2009-003, Faculty of Humanities and Social Sciences, University of Tsukuba.
    32. Carolin Bock & Christian Hackober, 2020. "Unicorns—what drives multibillion-dollar valuations?," Business Research, Springer;German Academic Association for Business Research, vol. 13(3), pages 949-984, November.
    33. Kaiser, Ulrich & Kuhn, Johan M., 2020. "The value of publicly available, textual and non-textual information for startup performance prediction," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    34. Amankwah-Amoah, Joseph & Adomako, Samuel & Berko, Damoah Obi, 2022. "Once bitten, twice shy? The relationship between business failure experience and entrepreneurial collaboration," Journal of Business Research, Elsevier, vol. 139(C), pages 983-992.
    35. Alessandro Rosiello & Stuart Parris, 2009. "The patterns of venture capital investment in the UK bio-healthcare sector: the role of proximity, cumulative learning and specialisation," Venture Capital, Taylor & Francis Journals, vol. 11(3), pages 185-211, February.
    36. Johannes Wallmeroth & Peter Wirtz & Alexander Peter Groh, 2017. "Institutional Seed Financing, Angel Financing, and Crowdfunding of Entrepreneurial Ventures: A Literature Review," Working Papers hal-01527999, HAL.
    37. Marco Vivarelli, 2012. "Entrepreneurship and Post-Entry Performance: the Microeconomic Evidence," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1286, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    38. De Rosa, Marcello & McElwee, Gerard & Smith, Robert, 2019. "Farm diversification strategies in response to rural policy: a case from rural Italy," Land Use Policy, Elsevier, vol. 81(C), pages 291-301.
    39. Braunerhjelm, Pontus & Parker, Simon, 2010. "Josh Lerner: Recipient of the 2010 Global Award for Entrepreneurship Research," Working Paper Series in Economics and Institutions of Innovation 233, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    40. Jeffrey Overall & Sean Wise, 2016. "The Antecedents of Entrepreneurial Success: A Mixed Methods Approach," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 24(03), pages 209-241, September.
    41. Marco Vivarelli, 2013. "Is entrepreneurship necessarily good? Microeconomic evidence from developed and developing countries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(6), pages 1453-1495, December.
    42. Francesco Quatraro & Marco Vivarelli, 2013. "Entry and Post-Entry Dynamics in Developing Countries," GREDEG Working Papers 2013-20, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    43. Vivarelli, Marco, 2012. "Drivers of entrepreneurship and post-entry performance : microeconomic evidence from advanced and developing countries," Policy Research Working Paper Series 6245, The World Bank.
    44. Vivarelli, Marco, 2012. "Entrepreneurship in Advanced and Developing Countries: A Microeconomic Perspective," IZA Discussion Papers 6513, Institute of Labor Economics (IZA).

  53. Cestone Giacinta & Lerner Josh & White Lucy, 2006. "The Design of Syndicates in Venture Capital," Working Papers 201037, Fundacion BBVA / BBVA Foundation.

    Cited by:

    1. Maxin, Hannes, 2018. "The Corporate Venture Capital Exit Decision," VfS Annual Conference 2018 (Freiburg, Breisgau): Digital Economy 181647, Verein für Socialpolitik / German Economic Association.
    2. Casamatta, Catherine & Haritchabalet, Carole, 2007. "Experience, screening and syndication in venture capital investments," Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 368-398, July.
    3. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    4. Maxin, Hannes, 2017. "Corporate Venture Capital and the Nature of Innovation," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168199, Verein für Socialpolitik / German Economic Association.
    5. Suting Hong, 2013. "Competition, syndication, and entry in the venture capital market," Working Papers 13-49, Federal Reserve Bank of Philadelphia.
    6. Douglas Cumming & Na Dai, 2013. "Why Do Entrepreneurs Switch Lead Venture Capitalists?," Entrepreneurship Theory and Practice, , vol. 37(5), pages 999-1017, September.
    7. Kang, Jun-Koo & Li, Yingxiang & Oh, Seungjoon, 2022. "Venture Capital Coordination in Syndicates, Corporate Monitoring, and Firm Performance," Journal of Financial Intermediation, Elsevier, vol. 50(C).
    8. Wang, Lanfang & Wang, Susheng, 2012. "Endogenous networks in investment syndication," Journal of Corporate Finance, Elsevier, vol. 18(3), pages 640-663.

  54. Lerner, Josh & Strojwas, Marcin & Tirole, Jean, 2005. "The Design of Patent Pools: The Determinants of Licensing Rules," IDEI Working Papers 187, Institut d'Économie Industrielle (IDEI), Toulouse.

    Cited by:

    1. Baron, Justus & Ménière, Yann & Pohlmann, Tim, 2014. "Standards, consortia, and innovation," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 22-35.
    2. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    3. Gilbert, Richard J & Katz, Michael L, 2009. "Efficient Division of Profits from Complementary Innovations," Department of Economics, Working Paper Series qt5mr0s11v, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    4. Dehez Pierre & Poukens Sophie, 2014. "The Shapley Value as a Guide to FRAND Licensing Agreements," Review of Law & Economics, De Gruyter, vol. 10(3), pages 1-20, November.
    5. DUAN Yuzhen & SONG Wei & PENG Xiaobao & ZHOU Haibin & LEI lei, 2013. "Patent pool analysis based on technical standards: A case study of indigenous alliances in China," International Journal of Business and Social Research, LAR Center Press, vol. 3(2), pages 7-24, February.
    6. Rockett, Katharine, 2012. "Perspectives on the knowledge-based society: An introduction to the special issue," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 6, pages 1-22.
    7. Lerner, Josh & Tirole, Jean, 2013. "Standard-Essential Patents," IDEI Working Papers 803, Institut d'Économie Industrielle (IDEI), Toulouse, revised 13 Mar 2014.
    8. Andrei Hagiu & David B. Yoffie, 2013. "The New Patent Intermediaries: Platforms, Defensive Aggregators, and Super-Aggregators," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 45-66, Winter.
    9. Layne-Farrar, Anne & Lerner, Josh, 2011. "To join or not to join: Examining patent pool participation and rent sharing rules," International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 294-303, March.
    10. Nancy Gallini, 2017. "Do patents work? Thickets, trolls and antibiotic resistance," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(4), pages 893-926, November.
    11. Bruno Versaevel, 2012. "Patent Pools and Dynamic R&D Incentives," Post-Print halshs-00755661, HAL.
    12. Aydogmus, Ozgur, 2022. "Increasing returns and path dependence in knowledge creation and their effects on the dynamics of patent pools," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 467-477.
    13. Lévêque, François & Ménière, Yann, 2011. "Patent pool formation: Timing matters," Information Economics and Policy, Elsevier, vol. 23(3), pages 243-251.
    14. Ryan L. Lampe & Petra Moser, 2012. "Do Patent Pools Encourage Innovation? Evidence from 20 U.S. Industries under the New Deal," NBER Working Papers 18316, National Bureau of Economic Research, Inc.
    15. Richard Dutu & Benoit Julien, 2009. "Technology Licensing and Grantbacks under Hidden Information," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(4), pages 561-578, December.
    16. Aleksandra Boutin, 2016. "Screening for Good Patent Pools through Price Caps on Individual Licenses," American Economic Journal: Microeconomics, American Economic Association, vol. 8(3), pages 64-94, August.
    17. Chung, Jiyoon & Lorenz, Annika & Somaya, Deepak, 2019. "Dealing with intellectual property (IP) landmines: Defensive measures to address the problem of IP access," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    18. Schankerman, Mark & Galasso, Alberto, 2020. "Licensing Life-Saving Drugs for Developing Countries: Evidence from the Medicines Patent Pool," CEPR Discussion Papers 15544, C.E.P.R. Discussion Papers.
    19. Chiu Yu Ko & Xuyao Zhang, 2020. "Research joint venture with technology transfer," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(1), pages 341-358, February.
    20. Yuzhe Zhang & Matthew Mitchell, 2013. "Shared Rights and Technological Progress," 2013 Meeting Papers 678, Society for Economic Dynamics.
    21. Markus Nagler & Monika Schnitzer & Martin Watzinger, 2022. "Fostering the Diffusion of General Purpose Technologies: Evidence from the Licensing of the Transistor Patents," Journal of Industrial Economics, Wiley Blackwell, vol. 70(4), pages 838-866, December.
    22. Miao, Chun-Hui, 2016. "Licensing a technology standard," International Journal of Industrial Organization, Elsevier, vol. 47(C), pages 33-61.
    23. Akifumi Ishihara & Noriyuki Yanagawa, 2013. "Dark Sides of Patent Pools with Compulsory Independent Licensing," CARF F-Series CARF-F-318, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    24. Ishihara, Akifumi & Yanagawa, Noriyuki, 2018. "Dark sides of patent pools with independent licensing," International Journal of Industrial Organization, Elsevier, vol. 57(C), pages 1-34.
    25. Zhiqi Chen & Thomas W. Ross, 2019. "Buffer Joint Ventures," Carleton Economic Papers 19-01, Carleton University, Department of Economics.
    26. Gallini, Nancy, 2015. "Promoting Competition by Coordinating Prices: When Rivals Share Intellectual Property," Economics working papers nancy_gallini-2015-22, Vancouver School of Economics, revised 07 Dec 2015.
    27. Packalen, Mikko, 2010. "Complements and potential competition," International Journal of Industrial Organization, Elsevier, vol. 28(3), pages 244-253, May.
    28. Wen Wen & Marco Ceccagnoli & Chris Forman, 2012. "Patent Pools, Thickets, and Open Source Software Entry by Start-Up Firms," NBER Chapters, in: Standards, Patents and Innovations, National Bureau of Economic Research, Inc.
    29. Lampert, Hodaya & Wettstein, David, 2020. "Patents and pools in pyramidal innovation structures," International Journal of Industrial Organization, Elsevier, vol. 69(C).
    30. Kwon, Seokbeom & Marco, Alan C., 2021. "Can antitrust law enforcement spur innovation? Antitrust regulation of patent consolidation and its impact on follow-on innovations," Research Policy, Elsevier, vol. 50(9).
    31. H. Kevin Steensma & Mukund Chari & Ralph Heidl, 2016. "A Comparative Analysis of Patent Assertion Entities in Markets for Intellectual Property Rights," Organization Science, INFORMS, vol. 27(1), pages 2-17, February.
    32. Jonas Fabian Ehrnsperger & Frank Tietze, 2019. "Patent pledges, open IP, or patent pools? Developing taxonomies in the thicket of terminologies," PLOS ONE, Public Library of Science, vol. 14(8), pages 1-18, August.
    33. Petra Moser, 2012. "Patent Laws and Innovation: Evidence from Economic History," NBER Working Papers 18631, National Bureau of Economic Research, Inc.
    34. Dequiedt, V. & Menière, Y. & Trommetter, M., 2007. "Collective management of intellectual property rights," Working Papers 200703, Grenoble Applied Economics Laboratory (GAEL).
    35. Schmidt, Klaus M., 2010. "Standards, Innovation Incentives, and the Formation of Patent Pools," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 342, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    36. Gamarra, Yanis & Friedl, Gunther, 2022. "Firms' Involvement in Standardization and Average Total Costs per Patent Family," 31st European Regional ITS Conference, Gothenburg 2022: Reining in Digital Platforms? Challenging monopolies, promoting competition and developing regulatory regimes 265630, International Telecommunications Society (ITS).
    37. Tesoriere, Antonio, 2019. "Stable sharing rules and participation in pools of essential patents," Games and Economic Behavior, Elsevier, vol. 117(C), pages 40-58.
    38. Wang, Lucy Xiaolu, 2022. "Global drug diffusion and innovation with the medicines patent pool," Journal of Health Economics, Elsevier, vol. 85(C).
    39. Heiden, Bowman, 2016. "The viability of FRAND: How the seminal landmark Microsoft ruling could impact the value of standard essential patents and the future of telecom standards," Telecommunications Policy, Elsevier, vol. 40(9), pages 870-887.
    40. Joachim Henkel & Stefanie Pangerl, 2008. "Defensive Publishing An Empirical Study," DRUID Working Papers 08-04, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    41. Ryan Lampe & Petra Moser, 2013. "Patent pools and innovation in substitute technologies—evidence from the 19th-century sewing machine industry," RAND Journal of Economics, RAND Corporation, vol. 44(4), pages 757-778, December.

  55. Josh Lerner & Antoinette Schoar & Wan Wong, 2005. "Smart Institutions, Foolish Choices? The Limited Partner Performance Puzzle," NBER Working Papers 11136, National Bureau of Economic Research, Inc.

    Cited by:

    1. Sensoy, Berk A. & Wang, Yingdi & Weisbach, Michael S., 2014. "Limited partner performance and the maturing of the private equity industry," Journal of Financial Economics, Elsevier, vol. 112(3), pages 320-343.
    2. Andrew Ang & Andrés Ayala & William N. Goetzmann, 2018. "Investment beliefs of endowments," European Financial Management, European Financial Management Association, vol. 24(1), pages 3-33, January.
    3. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    4. Stephen Satchell & Susan Thorp & Oliver Williams, 2012. "Estimating Consumption Plans for Recursive Utility by Maximum Entropy Methods," Research Paper Series 300, Quantitative Finance Research Centre, University of Technology, Sydney.
    5. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    6. Arthur Korteweg & Stefan Nagel, 2013. "Risk-Adjusting the Returns to Venture Capital," NBER Working Papers 19347, National Bureau of Economic Research, Inc.
    7. Axelson, Ulf & Strömberg, Per & Weisbach, Michael S., 2007. "Why are Buyouts Levered? The Financial Structure of Private Equity Funds," SIFR Research Report Series 49, Institute for Financial Research.
    8. Harris, Robert S. & Jenkinson, Tim & Kaplan, Steven N. & Stucke, Ruediger, 2018. "Financial intermediation in private equity: How well do funds of funds perform?," Journal of Financial Economics, Elsevier, vol. 129(2), pages 287-305.
    9. Antonio Gledson De Carvalho & Humberto Gallucci-Netto & Eduardo M. R. Siqueira, 2017. "Determinants of success in venture capital investments: evidence from Brazil," Venture Capital, Taylor & Francis Journals, vol. 19(3), pages 147-161, July.
    10. Lopez-de-Silanes, Florencio & Phalippou, Ludovic & Gottschalg, Olivier, 2010. "Giants at the Gate: On the Cross-section of Private Equity Investment Returns," MPRA Paper 28487, University Library of Munich, Germany.
    11. Obrimah, Oghenovo A. & Prakash, Puneet, 2010. "Performance reversals and attitudes towards risk in the venture capital (VC) market," Journal of Economics and Business, Elsevier, vol. 62(6), pages 537-561, November.
    12. Block, Joern & Fisch, Christian & Vismara, Silvio & Andres, René, 2019. "Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 329-352.
    13. Robinson, David T. & Sensoy, Berk A., 2011. "Do Private Equity Fund Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance," Working Paper Series 2011-14, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    14. Lily Fang & Victoria Ivashina & Josh Lerner, 2013. "The Disintermediation of Financial Markets: Direct Investing in Private Equity," NBER Working Papers 19299, National Bureau of Economic Research, Inc.
    15. Taylor D. Nadauld & Berk A. Sensoy & Keith Vorkink & Michael S. Weisbach, 2016. "The Liquidity Cost of Private Equity Investments: Evidence from Secondary Market Transactions," NBER Working Papers 22404, National Bureau of Economic Research, Inc.
    16. Kasper Meisner Nielsen, 2011. "The Return to Direct Investment in Private Firms: New Evidence on the Private Equity Premium Puzzle," European Financial Management, European Financial Management Association, vol. 17(3), pages 436-463, June.
    17. Block, Joern H. & Hirschmann, Mirko & Fisch, Christian, 2021. "Which criteria matter when impact investors screen social enterprises?," Journal of Corporate Finance, Elsevier, vol. 66(C).
    18. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    19. Brian H. Boyer & Taylor D. Nadauld & Keith P. Vorkink & Michael S. Weisbach, 2023. "Discount‐Rate Risk in Private Equity: Evidence from Secondary Market Transactions," Journal of Finance, American Finance Association, vol. 78(2), pages 835-885, April.
    20. Aleksandar Andonov & Roman Kräussl & Joshua Rauh & Stijn Van Nieuwerburgh, 2021. "Institutional Investors and Infrastructure Investing [Pension fund asset allocation and liability discount rates]," The Review of Financial Studies, Society for Financial Studies, vol. 34(8), pages 3880-3934.
    21. Munari, Federico & Toschi, Laura, 2015. "Assessing the impact of public venture capital programmes in the United Kingdom: Do regional characteristics matter?," Journal of Business Venturing, Elsevier, vol. 30(2), pages 205-226.
    22. Andonov, Aleksandar & Kräussl, Roman & Rauh, Joshua, 2018. "The subsidy to infrastructure as an asset class," CFS Working Paper Series 599, Center for Financial Studies (CFS).
    23. Michael Ewens & Joan Farre-Mensa, 2021. "Private or Public Equity? The Evolving Entrepreneurial Finance Landscape," NBER Working Papers 29532, National Bureau of Economic Research, Inc.
    24. Robinson, David T. & Sensoy, Berk A., 2016. "Cyclicality, performance measurement, and cash flow liquidity in private equity," Journal of Financial Economics, Elsevier, vol. 122(3), pages 521-543.
    25. Jean-Sébastien Lantz & Jean-Michel Sahut & Frédéric Teulon, 2014. "What is the Real Role of Corporate Venture Capital ?," Working Papers 2014-252, Department of Research, Ipag Business School.
    26. Josh Lerner, 2011. "The Future of Private Equity," European Financial Management, European Financial Management Association, vol. 17(3), pages 423-435, June.
    27. Xavier Mahieux, 2010. "La gestion déléguée dans les fonds de capital-investissement : relation d’agence et clauses contractuelles des fonds," Revue d'Économie Financière, Programme National Persée, vol. 97(2), pages 253-274.
    28. Hartmann, Jochen & Pelster, Matthias & Sievers, Soenke, 2023. "Can the market identify prosperous activist engagements? Evidence from announcement and long-term buy-and-hold returns," The Quarterly Review of Economics and Finance, Elsevier, vol. 89(C), pages 174-187.
    29. Michael Ewens & Matthew Rhodes-Kropf, "undated". "Is the VC Partnership Greater than the Sum of its Partners?," GSIA Working Papers 2012-E36, Carnegie Mellon University, Tepper School of Business.
    30. Kaplan, Steven N. & Strömberg, Per, 2008. "Leveraged Buyouts and Private Equity," Working Papers 228, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    31. Ron Bird & Harry Liem & Susan Thorp, 2011. "Private Equity: Strategies for Improving Performance," Working Paper Series 12, The Paul Woolley Centre for Capital Market Dysfunctionality, University of Technology, Sydney.
    32. Morten Sorensen & Neng Wang & Jinqiang Yang, 2014. "Valuing Private Equity," The Review of Financial Studies, Society for Financial Studies, vol. 27(7), pages 1977-2021.
    33. Brown, Gregory & Harris, Robert & Hu, Wendy & Jenkinson, Tim & Kaplan, Steven N. & Robinson, David T., 2021. "Can investors time their exposure to private equity?," Journal of Financial Economics, Elsevier, vol. 139(2), pages 561-577.
    34. Weisbach, Michael & Strömberg, Per & Axelson, Ulf, 2007. "Why are Buyouts Leveraged? The Financial Structure of Private Equity Firms," CEPR Discussion Papers 6133, C.E.P.R. Discussion Papers.
    35. Marina-Eliza Spaliara & Serafeim Tsoukas & Paul Lavery, 2021. "Private equity and bank capital requirements: Evidence from European firms," Working Papers 2021_11, Business School - Economics, University of Glasgow.
    36. David T. Robinson & Berk A. Sensoy, 2012. "Do Private Equity Managers Earn Their Fees? Compensation, Ownership, and Cash Flow Performance," NBER Working Papers 17942, National Bureau of Economic Research, Inc.
    37. Wang, Qing (Sophie) & Lai, Shaojie & Anderson, Hamish D., 2021. "VC fund preferences and exits of individual investors," Pacific-Basin Finance Journal, Elsevier, vol. 67(C).
    38. Maria Cristina Arcuri & Gino Gandolfi & Fabrizio Laurini, 2023. "Robust portfolio optimization for banking foundations: a CVaR approach for asset allocation with mandatory constraints," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 31(2), pages 557-581, June.
    39. Shai Bernstein & Josh Lerner & Antoinette Schoar, 2013. "The Investment Strategies of Sovereign Wealth Funds," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 219-238, Spring.
    40. Cavagnaro, Daniel R. & Sensoy, Berk A. & Wang, Yingdi & Weisbach, Michael S., 2016. "Measuring Institutional Investors' Skill from Their Investments in Private Equity," Working Paper Series 2016-14, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    41. Oliver Gottschalg & Ludovic Phalippou, 2009. "The Performance of Private Equity Funds," Post-Print hal-00458111, HAL.
    42. Gael Imad'Eddine & Armin Schwienbacher, 2013. "International Capital Flows into the European Private Equity Market," European Financial Management, European Financial Management Association, vol. 19(2), pages 366-398, March.
    43. Groh, Alexander P. & Liechtenstein, Heinrich & Canela, Miguel A., 2008. "Limited partners' perceptions of the Central Eastern European venture capital and private equity market," IESE Research Papers D/727, IESE Business School.
    44. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    45. Robert S. Harris & Tim Jenkinson & Steven N. Kaplan & Ruediger Stucke, 2020. "Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds," NBER Working Papers 28109, National Bureau of Economic Research, Inc.
    46. Lloyd Blenman & Nischala Reddy, 2014. "Leveraged Buyout Activity: A Tale of Developed and Developing Economies," Journal of Financial Management, Markets and Institutions, Società editrice il Mulino, issue 2, pages 157-184, December.
    47. Pierre Giot & Armin Schwienbacher, 2003. "IPOs, Trade Sales and Liquidations: Modelling Venture Capital Exits Using Survival Analysis," Finance 0312006, University Library of Munich, Germany.
    48. Da Rin, M. & Phalippou, L., 2014. "There is Something Special About Large Investors : Evidence From a Survey of Private Equity Limited Partners," Discussion Paper 2014-010, Tilburg University, Tilburg Law and Economic Center.
    49. Boyan Jovanovic & Balàzs Szentes, 2007. "On the Return to Venture Capital," NBER Working Papers 12874, National Bureau of Economic Research, Inc.
    50. Marko Rikato & Ales Berk, 2015. "Costliness of Placement Agents," Journal of Financial Services Research, Springer;Western Finance Association, vol. 48(3), pages 263-287, December.
    51. Da Rin, Marco & Phalippou, Ludovic, 2017. "The importance of size in private equity: Evidence from a survey of limited partners," Journal of Financial Intermediation, Elsevier, vol. 31(C), pages 64-76.
    52. Stephen Satchell & Susan Thorp, 2007. "Scenario Analysis with Recursive Utility: Dynamic Consumption Plans for Charitable Endowments," Research Paper Series 209, Quantitative Finance Research Centre, University of Technology, Sydney.
    53. Henrik Cronqvist & Rüdiger Fahlenbrach, 2009. "Large Shareholders and Corporate Policies," The Review of Financial Studies, Society for Financial Studies, vol. 22(10), pages 3941-3976, October.
    54. Maiia Sleptcova & Heidi Falkenbach, 2021. "Managerial Skill and European PERE Fund Performance," The Journal of Real Estate Finance and Economics, Springer, vol. 62(4), pages 665-690, May.
    55. Josh Lerner & Antoinette Schoar & Jialan Wang, 2008. "Secrets of the Academy: The Drivers of University Endowment Success," NBER Working Papers 14341, National Bureau of Economic Research, Inc.
    56. Cumming, Douglas & Johan, Sofia, 2007. "Regulatory harmonization and the development of private equity markets," Journal of Banking & Finance, Elsevier, vol. 31(10), pages 3218-3250, October.
    57. Michael D. McKenzie & William H. Janeway, 2011. "Venture capital funds and the public equity market," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 51(3), pages 764-786, September.
    58. Iman Seoudi, 2015. "Public Policy For Venture Capital: An Integrated Framework," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 9(4), pages 31-51.
    59. Phalippou, Ludovic, 2010. "Venture capital funds: Flow-performance relationship and performance persistence," Journal of Banking & Finance, Elsevier, vol. 34(3), pages 568-577, March.
    60. Robert S. Harris & Tim Jenkinson & Steven N. Kaplan, 2014. "Private Equity Performance: What Do We Know?," Journal of Finance, American Finance Association, vol. 69(5), pages 1851-1882, October.
    61. Oliver Gottschalg & Viral V. Acharya & Moritz Hahn & Conor Kehoe, 2013. "Corporate Governance and Value Creation: Evidence from Private Equity," Post-Print hal-00784067, HAL.
    62. Xavier Aleksander Andonov & Xavier Yael V. Hochberg & Joshua D. Rauh, 2016. "Pension Fund Board Composition and Investment Performance: Evidence from Private Equity," Economics Working Papers 16104, Hoover Institution, Stanford University.
    63. Yael V. Hochberg & Joshua D. Rauh, 2011. "Local Overweighting and Underperformance: Evidence from Limited Partner Private Equity Investments," NBER Working Papers 17122, National Bureau of Economic Research, Inc.
    64. Barber, Brad M. & Morse, Adair & Yasuda, Ayako, 2021. "Impact investing," Journal of Financial Economics, Elsevier, vol. 139(1), pages 162-185.
    65. Matthias Kiefer & Edward Jones & Andrew Adams, 2016. "Principals, Agents and Incomplete Contracts: Are Surrender of Control and Renegotiation the Solution?," CFI Discussion Papers 1603, Centre for Finance and Investment, Heriot Watt University.
    66. Braun, Reiner & Jenkinson, Tim & Schemmerl, Christoph, 2020. "Adverse selection and the performance of private equity co-investments," Journal of Financial Economics, Elsevier, vol. 136(1), pages 44-62.
    67. Aleksandar Andonov & Joshua D Rauh, 2022. "The Return Expectations of Public Pension Funds," The Review of Financial Studies, Society for Financial Studies, vol. 35(8), pages 3777-3822.
    68. Troy D. Smith, 2015. "Private Equity Investment in India: Efficiency vs Expansion," Discussion Papers 15-011, Stanford Institute for Economic Policy Research.
    69. Aleksandar Andonov, 2024. "Delegated Investment Management in Alternative Assets," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 13(1), pages 264-301.
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    4. Köppl-Turyna, Monika & Köppl, Stefan & Christopulos, Dimitris, 2023. "How to support cleantech start-ups? Lessons from European venture-capital deals," Research Papers 25, EcoAustria – Institute for Economic Research.
    5. Dirk Bergemann & Ulrich Hege & Liang Peng, 2008. "Venture Capital and Sequential Investments," Cowles Foundation Discussion Papers 1682, Cowles Foundation for Research in Economics, Yale University, revised Nov 2008.
    6. Ramana Nanda & Matthew Rhodes-Kropf, 2011. "Investment Cycles and Startup Innovation," Harvard Business School Working Papers 12-032, Harvard Business School, revised Dec 2012.
    7. Roman Kraussl & Stefan Krause, 2013. "Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985-2009," LSF Research Working Paper Series 13-6, Luxembourg School of Finance, University of Luxembourg.
    8. Hege, Ulrich & Lovo, Stefano & Slovin, Myron B. & Sushka, Marie E., 2018. "Divisional buyouts by private equity and the market for divested assets," Journal of Corporate Finance, Elsevier, vol. 53(C), pages 21-37.
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    10. Obrimah, Oghenovo A. & Prakash, Puneet, 2010. "Performance reversals and attitudes towards risk in the venture capital (VC) market," Journal of Economics and Business, Elsevier, vol. 62(6), pages 537-561, November.
    11. Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2020. "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," Mo.Fi.R. Working Papers 167, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
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    118. Jeaneth Johansson & Malin Malmström & Joakim Wincent & Vinit Parida, 2021. "How individual cognitions overshadow regulations and group norms: a study of government venture capital decisions," Small Business Economics, Springer, vol. 56(2), pages 857-876, February.
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    133. Huang, Sheng, 2014. "Managerial expertise, corporate decisions and firm value: Evidence from corporate refocusing," Journal of Financial Intermediation, Elsevier, vol. 23(3), pages 348-375.
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    135. Ping Jiang & Yunbiao Ma & Beibei Shi, 2022. "Common ownership and stock price crash risk: Evidence from China," Australian Economic Papers, Wiley Blackwell, vol. 61(4), pages 876-912, December.
    136. Ying Sophie Huang & Buhui Qiu & Jiajia Wu & Juan Yao, 2023. "Institutional distance, geographic distance, and Chinese venture capital investment: do networks and trust matter?," Small Business Economics, Springer, vol. 61(4), pages 1795-1844, December.
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  57. Josh Lerner & Feng Zhu, 2005. "What is the Impact of Software Patent Shifts?: Evidence from Lotus v. Borland," NBER Working Papers 11168, National Bureau of Economic Research, Inc.

    Cited by:

    1. Schankerman, Mark & Noel, Michael D., 2006. "Strategic Patenting and Software Innovation," CEPR Discussion Papers 5701, C.E.P.R. Discussion Papers.
    2. Ashish Arora & Marco Ceccagnoli & Wesley M. Cohen, 2003. "R&D and the Patent Premium," NBER Working Papers 9431, National Bureau of Economic Research, Inc.
    3. Di Fan & Long Zhao, 2022. "Old Wine in New Bottles: Patenting Propensity," Journal of Industry, Competition and Trade, Springer, vol. 22(2), pages 207-224, June.
    4. Andrea Orame & Daniele Pianeselli, 2023. "Thinking the green transition: evidence from the automotive industry," Questioni di Economia e Finanza (Occasional Papers) 767, Bank of Italy, Economic Research and International Relations Area.
    5. Joshua S. Gans & David H. Hsu & Scott Stern, 2008. "The Impact of Uncertain Intellectual Property Rights on the Market for Ideas: Evidence from Patent Grant Delays," Management Science, INFORMS, vol. 54(5), pages 982-997, May.
    6. Sunny Sun & Xiaoming Yang & Weiwen Li, 2014. "Variance-enhancing corporate entrepreneurship under deregulation: An option portfolio approach," Asia Pacific Journal of Management, Springer, vol. 31(3), pages 733-761, September.
    7. David Autor & David Dorn & Gordon H. Hanson & Gary Pisano & Pian Shu, 2016. "Foreign Competition and Domestic Innovation: Evidence from U.S. Patents," NBER Working Papers 22879, National Bureau of Economic Research, Inc.
    8. Iain M. Cockburn & Megan J. MacGarvie, 2006. "Entry and Patenting in the Software Industry," NBER Working Papers 12563, National Bureau of Economic Research, Inc.
    9. Sun, Sunny Li & Chen, Victor Z. & Sunny, Sanwar A. & Chen, Jie, 2019. "Venture capital as an innovation ecosystem engineer in an emerging market," International Business Review, Elsevier, vol. 28(5), pages 1-1.
    10. Andrew Eckert & Corinne Langinier & Long Zhao, 2022. "Determinants of locational patenting behavior of Canadian firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 31(4), pages 268-291, May.
    11. Cohen, Wesley M., 2010. "Fifty Years of Empirical Studies of Innovative Activity and Performance," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 129-213, Elsevier.
    12. Vladlena LISENCO, 2021. "Improving the practice of Competitive Strategies for the protection of Intellectual Property: the law and economics approach," Eastern European Journal for Regional Studies (EEJRS), Center for Studies in European Integration (CSEI), Academy of Economic Studies of Moldova (ASEM), vol. 7(1), pages 173-199, June.
    13. Peng Huang & Marco Ceccagnoli & Chris Forman & D.J. Wu, 2009. "Participation in a Platform Ecosystem: Appropriability, Competition, and Access to the Installed Base," Working Papers 09-14, NET Institute, revised Sep 2009.
    14. ONISHI Koichiro & YAMAUCHI Isamu, 2018. "Intellectual Property Rights for Software and Accessibility to Venture Capitalists," Discussion papers 18036, Research Institute of Economy, Trade and Industry (RIETI).
    15. Feng Zhu, 2008. "Ad-sponsored Business Models and Compatibility Incentives of Social Networks," Working Papers 08-20, NET Institute, revised Sep 2008.
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    17. Wen Wen & Marco Ceccagnoli & Chris Forman, 2012. "Patent Pools, Thickets, and Open Source Software Entry by Start-Up Firms," NBER Chapters, in: Standards, Patents and Innovations, National Bureau of Economic Research, Inc.
    18. Boudreau, Kevin J. & Jeppesen, Lars Bo & Miric, Milan, 2022. "Profiting from digital innovation: Patents, copyright and performance," Research Policy, Elsevier, vol. 51(5).
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    20. YAMAUCHI Isamu, 2018. "Causal Effects of Software Patents on Firm Growth: Evidence from a policy reform in Japan," Discussion papers 18063, Research Institute of Economy, Trade and Industry (RIETI).

  58. Josh Lerner & Jean Tirole, 2004. "The Economics of Technology Sharing: Open Source and Beyond," NBER Working Papers 10956, National Bureau of Economic Research, Inc.

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    2. Benslimane, Ismaël & Crosetto, Paolo & Magni-Berton, Raul & Varaine, Simon, 2023. "Intellectual property reform in the laboratory," Journal of Economic Behavior & Organization, Elsevier, vol. 206(C), pages 204-221.
    3. Boldrin, Michele & Levine, David K., 2008. "Perfectly competitive innovation," Journal of Monetary Economics, Elsevier, vol. 55(3), pages 435-453, April.
    4. Stephane Verani, 2006. "Open Source Development in a Differentiated Duopoly," Economics Discussion / Working Papers 06-05, The University of Western Australia, Department of Economics.
    5. Ian Jewitt & Clare Leaver & Heski Bar-Isaac, 2007. "Information and Human Capital Management," Economics Series Working Papers 367, University of Oxford, Department of Economics.
    6. Colombo, Massimo G. & Piva, Evila & Rossi-Lamastra, Cristina, 2014. "Open innovation and within-industry diversification in small and medium enterprises: The case of open source software firms," Research Policy, Elsevier, vol. 43(5), pages 891-902.
    7. Julio Dávila, 2019. "Property rights and long-Run capital," Documents de travail du Centre d'Economie de la Sorbonne 19008, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    8. Charles Ayoubi & Boris Thurm, 2023. "Knowledge diffusion and morality: Why do we freely share valuable information with Strangers?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 32(1), pages 75-99, January.
    9. Nicholas Economides & Evangelos Katsamakas, 2004. "Two-sided competition of proprietary vs. open source technology platforms and the implications for the software industry," Working Papers 04-30, New York University, Leonard N. Stern School of Business, Department of Economics.
    10. Maillart, Thomas & Sornette, Didier, 2019. "Aristotle vs. Ringelmann: On superlinear production in open source software," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 523(C), pages 964-972.
    11. Sauer, Robert M., 2007. "Why Develop Open Source Software? The Role of Non-Pecuniary Benefits, Monetary Rewards and Open Source Licence Type," IZA Discussion Papers 3197, Institute of Labor Economics (IZA).
    12. Alexy, Oliver & Reitzig, Markus, 2013. "Private–collective innovation, competition, and firms’ counterintuitive appropriation strategies," Research Policy, Elsevier, vol. 42(4), pages 895-913.
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    14. Henry Sauermann & Wesley M. Cohen, 2008. "What Makes Them Tick? Employee Motives and Firm Innovation," NBER Working Papers 14443, National Bureau of Economic Research, Inc.
    15. Neves, Pedro Cunha & Afonso, Oscar & Silva, Diana & Sochirca, Elena, 2021. "The link between intellectual property rights, innovation, and growth: A meta-analysis," Economic Modelling, Elsevier, vol. 97(C), pages 196-209.
    16. Di Gaetano, Luigi, 2012. "A Model of corporate donations to open source under hardware–software complementarity," MPRA Paper 39849, University Library of Munich, Germany.
    17. Josh Lerner & Parag A. Pathak & Jean Tirole, 2006. "The Dynamics of Open-Source Contributors," American Economic Review, American Economic Association, vol. 96(2), pages 114-118, May.
    18. Michiel Bijlsma & Paul de Bijl & Viktoria Kocsis, 2009. "Concurrentie, innovatie en intellectuele eigendomsrechten in software markten," CPB Document 181, CPB Netherlands Bureau for Economic Policy Analysis.
    19. Diane Coyle, 2017. "Do-it-yourself digital: the production boundary and the productivity puzzle," Economic Statistics Centre of Excellence (ESCoE) Discussion Papers ESCoE DP-2017-01, Economic Statistics Centre of Excellence (ESCoE).
    20. Guido Cozzi, 2009. "Intellectual Property, Innovation, And Growth: Introduction To The Special Issue," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(4), pages 383-389, September.
    21. Bin Hu & Ming Hu & Yi Yang, 2017. "Open or Closed? Technology Sharing, Supplier Investment, and Competition," Manufacturing & Service Operations Management, INFORMS, vol. 19(1), pages 132-149, February.
    22. Gans, Joshua S. & Murray, Fiona E. & Stern, Scott, 2017. "Contracting over the disclosure of scientific knowledge: Intellectual property and academic publication," Research Policy, Elsevier, vol. 46(4), pages 820-835.
    23. Heski Bar-Isaac & Raphaël Lévy, 2022. "Motivating Employees through Career Paths," Journal of Labor Economics, University of Chicago Press, vol. 40(1), pages 95-131.
    24. Henry Sauermann & Wesley M. Cohen, 2010. "What Makes Them Tick? Employee Motives and Firm Innovation," Management Science, INFORMS, vol. 56(12), pages 2134-2153, December.
    25. Nicholas Economides & Evangelos Katsamakas, 2005. "Linux vs. Windows: A Comparison of Innovation Incentives and a Case Study," Working Papers 05-11, New York University, Leonard N. Stern School of Business, Department of Economics.
    26. Tesoriere, Antonio & Balletta, Luigi, 2017. "A dynamic model of open source vs proprietary R&D," European Economic Review, Elsevier, vol. 94(C), pages 221-239.
    27. Jan Brochner & Bo-Christer Bjork, 2008. "Where to submit? Journal choice by construction management authors," Construction Management and Economics, Taylor & Francis Journals, vol. 26(7), pages 739-749.
    28. Caulkins, Jonathan P. & Feichtinger, Gustav & Grass, Dieter & Hartl, Richard F. & Kort, Peter M. & Seidl, Andrea, 2013. "When to make proprietary software open source," Journal of Economic Dynamics and Control, Elsevier, vol. 37(6), pages 1182-1194.
    29. Rockett, K, 2008. "Property Rights and Invention," Economics Discussion Papers 2857, University of Essex, Department of Economics.
    30. Thomas Fackler & Nadzeya Laurentsyeva, 2020. "Gravity in Online Collaborations: Evidence from GitHub," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(03), pages 15-20, September.
    31. Francesco Rentocchini, 2010. "Sources and characteristics of software patents in the European Union: some empirical considerations," Openloc Working Papers 1022, Public policies and local development.
    32. Krishnamurthy, Sandeep & Ou, Shaosong & Tripathi, Arvind K., 2014. "Acceptance of monetary rewards in open source software development," Research Policy, Elsevier, vol. 43(4), pages 632-644.
    33. Offerman, Theo & Schram, Arthur & Van Leeuwen, Boris, 2014. "Competition for status creates superstars: An experiment on public good provision and network formation," IAST Working Papers 14-16, Institute for Advanced Study in Toulouse (IAST).
    34. Siying Yang & Shunyu Ma & Jingjing Lu, 2022. "Can government venture capital guidance funds promote urban innovation? Evidence from China," Growth and Change, Wiley Blackwell, vol. 53(2), pages 753-770, June.
    35. Nicola Lacetera, 2009. "Different Missions and Commitment Power in R&D Organizations: Theory and Evidence on Industry-University Alliances," Organization Science, INFORMS, vol. 20(3), pages 565-582, June.
    36. Jonathan T. Eckhardt, 2016. "Welcome contributor or no price competitor? The competitive interaction of free and priced technologies," Strategic Management Journal, Wiley Blackwell, vol. 37(4), pages 742-762, April.
    37. Richard Watt, 2014. "Open source and open access: new paradigms in the theory of copyright," Chapters, in: Richard Watt (ed.), Handbook on the Economics of Copyright, chapter 17, pages 311-327, Edward Elgar Publishing.
    38. Dongryul Lee & Byung Kim, 2013. "Motivations for Open Source Project Participation and Decisions of Software Developers," Computational Economics, Springer;Society for Computational Economics, vol. 41(1), pages 31-57, January.
    39. David, Paul A. & Shapiro, Joseph S., 2008. "Community-based production of open-source software: What do we know about the developers who participate?," Information Economics and Policy, Elsevier, vol. 20(4), pages 364-398, December.
    40. Clark, Derek J. & Sand, Jan Yngve, 2009. "Endogenous Technology Sharing in R&D Intensive Industries," Economics Discussion Papers 2009-28, Kiel Institute for the World Economy (IfW Kiel).
    41. Murat Yılmaz, 2022. "Coexistence of proprietary and open‐source firms under product differentiation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(8), pages 4153-4166, December.
    42. Werner Hölzl, 2007. "Intellectual Property Rights, Innovation and European IPR Policy," Austrian Economic Quarterly, WIFO, vol. 12(1), pages 71-82, May.
    43. Han, Xintong & Li, Yushen & Wang, Tong, 2023. "Peer recognition, badge policies, and content contribution: An empirical study," Journal of Economic Behavior & Organization, Elsevier, vol. 214(C), pages 691-707.
    44. Grzegorz Konat, 2008. "Strategiczne rozwidlanie w tworzeniu Wolnego i Otwartego Oprogramowania," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 10, pages 23-43.
    45. Michele Boldrin & David K Levine, 2008. "Market Structure and Property Rights in Open Source Industries," Levine's Working Paper Archive 122247000000002269, David K. Levine.
    46. Julienne Brabet & Corinne Vercher- Chaptal & Lucy Taska, 2020. "From oligopolistic digital platforms to Open/Cooperative Ones?," Post-Print hal-03201454, HAL.
    47. He, Wei & Li, Mingzhi & Zheng, Jie, 2023. "Switching cost, network externality and platform competition," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 428-443.
    48. Marcel Boyer & Jacques Robert, 2005. "L'économie du logiciel libre et ouvert Recommandations en vue d'une politique gouvernementale à l'égard du logiciel libre (open source software)," CIRANO Project Reports 2005rp-05, CIRANO.
    49. Guido Cozzi & Silvia Galli, 2009. "Science‐Based R&D In Schumpeterian Growth," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(4), pages 474-491, September.
    50. Alex Gaudeul, 2005. "Public provision of a private good: What is the point of the BSD license?," Industrial Organization 0511002, University Library of Munich, Germany.
    51. Paul David & Francesco Rullani, 2007. "Dynamics of Innovation in an “Open Source” Collaboration Environment: Lurking, Laboring and Launching FLOSS Projects on SourceForge," Discussion Papers 07-022, Stanford Institute for Economic Policy Research.
    52. Suominen, Arho & Deschryvere, Matthias & Narayan, Rumy, 2023. "Uncovering value through exploration of barriers - A perspective on intellectual property rights in a national innovation system," Technovation, Elsevier, vol. 123(C).
    53. Blecker, Thorsten & Abdelkafi, Nizar & Raasch, Christina, 2008. "Enabling and Sustaining Collaborative Innovation," MPRA Paper 8964, University Library of Munich, Germany.
    54. Wen Wen & Marco Ceccagnoli & Chris Forman, 2016. "Opening Up Intellectual Property Strategy: Implications for Open Source Software Entry by Start-up Firms," Management Science, INFORMS, vol. 62(9), pages 2668-2691, September.
    55. Susan Athey & Emilio Calvano & Saumitra Jha, 2016. "A Theory of Community Formation and Social Hierarchy," CSEF Working Papers 451, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    56. Belleflamme,Paul & Peitz,Martin, 2015. "Industrial Organization," Cambridge Books, Cambridge University Press, number 9781107687899.
    57. Reisinger, Markus & Ressner, Ludwig & Schmidtke, Richard & Thomes, Tim Paul, 2014. "Crowding-in of complementary contributions to public goods: Firm investment into open source software," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 78-94.
    58. David M. Waguespack & Lee Fleming, 2009. "Scanning the Commons? Evidence on the Benefits to Startups Participating in Open Standards Development," Management Science, INFORMS, vol. 55(2), pages 210-223, February.
    59. Eilhard, Jan, 2008. "Firms on SourceForge," MPRA Paper 7809, University Library of Munich, Germany.
    60. Ramon Casadesus-Masanell & Gaston Llanes, 2009. "Mixed Source," Working Papers 09-06, NET Institute, revised Sep 2009.
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    62. Deng, Feng, 2008. "What Is “Open”? An Economic Analysis of Open Institutions," MPRA Paper 8888, University Library of Munich, Germany.
    63. Frank A.G. den Butter & Stefan P.T. Groot & Faroek Lazrak, 2007. "The Transaction Costs Perspective on Standards as a Source of Trade and Productivity Growth," Tinbergen Institute Discussion Papers 07-090/3, Tinbergen Institute.
    64. Casaló, Luis V. & Flavián, Carlos & Guinalíu, Miguel, 2010. "Relationship quality, community promotion and brand loyalty in virtual communities: Evidence from free software communities," International Journal of Information Management, Elsevier, vol. 30(4), pages 357-367.
    65. Shiro Tanaka, 2017. "Simulation Study of Confounder Selection Procedures using the Hoffman’s Collapsibility Test," Biostatistics and Biometrics Open Access Journal, Juniper Publishers Inc., vol. 2(3), pages 68-69, July.
    66. Carsten Felden, 2011. "Characteristics of XBRL adoption in Germany," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 22(2), pages 161-186, December.
    67. Wen Wen & Marco Ceccagnoli & Chris Forman, 2012. "Patent Pools, Thickets, and Open Source Software Entry by Start-Up Firms," NBER Chapters, in: Standards, Patents and Innovations, National Bureau of Economic Research, Inc.
    68. Landini, Fabio, 2013. "Institutional change and information production," Journal of Institutional Economics, Cambridge University Press, vol. 9(3), pages 257-284, September.
    69. Nicholas Economides & Evangelos Katsamakas, 2005. "Linux vs. Windows: A comparison of application and platform innovation incentives for open source and proprietary software platforms+," Working Papers 05-03, NET Institute, revised Sep 2005.
    70. Erdem Dogukan Yilmaz & Tim Meyer & Milan Miric, 2023. "Preventing Others from Commercializing Your Innovation: Evidence from Creative Commons Licenses," Papers 2309.00536, arXiv.org.
    71. Chung‐Hui Chou, 2021. "Could coexistence of open‐source and proprietary platforms be an equilibrium outcome?," Manchester School, University of Manchester, vol. 89(3), pages 297-309, June.
    72. Landini, Fabio, 2012. "Technology, property rights and organizational diversity in the software industry," Structural Change and Economic Dynamics, Elsevier, vol. 23(2), pages 137-150.
    73. Nick Bostrom, 2017. "Strategic Implications of Openness in AI Development," Global Policy, London School of Economics and Political Science, vol. 8(2), pages 135-148, May.
    74. Jesús Vegas & César Llamas & Carmen Hernández & Manuel A González, 2017. "Is Open Science the Same as Open Source Science?," Biostatistics and Biometrics Open Access Journal, Juniper Publishers Inc., vol. 1(4), pages 83-84, May.
    75. Benoit Tézenas Du Montcel & Tim Minshall & Charles Featherstone, 2018. "A comparison of relational practices in additive manufacturing multipartner alliances in France and the UK," Post-Print hal-02975598, HAL.
    76. Gastón Llanes & Ramiro de Elejalde, 2009. "Industry Equilibrium with Open Source and Proprietary Firms," Harvard Business School Working Papers 09-149, Harvard Business School.
    77. Franzoni, Chiara & Sauermann, Henry, 2014. "Crowd science: The organization of scientific research in open collaborative projects," Research Policy, Elsevier, vol. 43(1), pages 1-20.
    78. Jeongmeen Suh & Murat Yılmaz, 2019. "Economics of Open Source Technology: A Dynamic Approach," Dynamic Games and Applications, Springer, vol. 9(1), pages 254-280, March.
    79. A. Talha Yalta & A. Yasemin Yalta, 2010. "Should Economists Use Open Source Software for Doing Research?," Working Papers 1007, TOBB University of Economics and Technology, Department of Economics.
    80. Felix Oberholzer-Gee & Koleman Strumpf, 2010. "File Sharing and Copyright," NBER Chapters, in: Innovation Policy and the Economy, Volume 10, pages 19-55, National Bureau of Economic Research, Inc.
    81. Marcel Boyer & Jacques Robert, 2006. "The Economics of Free and Open Source Software: Contributions to a Government Policy on Open Source Software," CIRANO Project Reports 2006rp-03, CIRANO.
    82. John P. Conley & Fan‐Chin Kung, 2010. "Private Benefits, Warm Glow, and Reputation in the Free and Open Source Software Production Model," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(4), pages 665-689, August.
    83. James, Jennifer S. & Pardey, Philip G. & Alston, Julian M., 2008. "Agricultural R&D Policy: A Tragedy of the International Commons," Staff Papers 43094, University of Minnesota, Department of Applied Economics.
    84. Peitz, Martin & Waelbroeck, Patrick, 2006. "Piracy of digital products: A critical review of the theoretical literature," Information Economics and Policy, Elsevier, vol. 18(4), pages 449-476, November.
    85. Francesco BALDUCCI, 2010. "The Web's Promotional Effect and Artists' Strategies," Working Papers 345, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    86. Mukherjee, Arijit & Stern, Scott, 2009. "Disclosure or secrecy? The dynamics of Open Science," International Journal of Industrial Organization, Elsevier, vol. 27(3), pages 449-462, May.
    87. Belenzon, Sharon & Schankerman, Mark, 2008. "Motivation and sorting in open source software innovation," LSE Research Online Documents on Economics 51594, London School of Economics and Political Science, LSE Library.
    88. Niedermayer, Andras, 2013. "On platforms, incomplete contracts, and open source software," International Journal of Industrial Organization, Elsevier, vol. 31(6), pages 714-722.
    89. Andras Niedermayer, 2007. "On Platforms, Incomplete Contracts, and Open Source Software," Diskussionsschriften dp0707, Universitaet Bern, Departement Volkswirtschaft.
    90. Reinauer, Tobias & Hansen, Ulrich Elmer, 2021. "Determinants of adoption in open-source hardware: A review of small wind turbines," Technovation, Elsevier, vol. 106(C).
    91. Olivier Toubia & Andrew T. Stephen, 2013. "Intrinsic vs. Image-Related Utility in Social Media: Why Do People Contribute Content to Twitter?," Marketing Science, INFORMS, vol. 32(3), pages 368-392, May.
    92. Vivianna Fang He & Phanish Puranam & Yash Raj Shrestha & Georg von Krogh, 2020. "Resolving governance disputes in communities: A study of software license decisions," Strategic Management Journal, Wiley Blackwell, vol. 41(10), pages 1837-1868, October.
    93. Chung‐Hui Chou, 2023. "Does possessing an installed base induce a proprietary software producer to act aggressively or mildly in pricing and intrinsic quality provision?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 70(2), pages 133-143, May.
    94. Tao Li & Junlin Zhu & Jianqiang Luo & Chaonan Yi & Baoqing Zhu, 2023. "Breaking Triopoly to Achieve Sustainable Smart Digital Infrastructure Based on Open-Source Diffusion Using Government–Platform–User Evolutionary Game," Sustainability, MDPI, vol. 15(19), pages 1-24, October.
    95. Lerner, Jürgen & Kenis, Patrick & Raaij, Denise van & Brandes, Ulrik, 2011. "Will they stay or will they go? How network properties of WebICs predict dropout rates of valuable Wikipedians," European Management Journal, Elsevier, vol. 29(5), pages 404-413.
    96. Paul Oldham & Stephen Hall & Oscar Forero, 2013. "Biological Diversity in the Patent System," PLOS ONE, Public Library of Science, vol. 8(11), pages 1-16, November.

  59. Jean O Lanjouw & Josh Lerner, 2004. "The Enforcement of Intellectual Property Rights: A Survey of the Literature," Levine's Working Paper Archive 122247000000000486, David K. Levine.

    Cited by:

    1. Michael D. Frakes & Melissa F. Wasserman, 2014. "Is the Time Allocated to Review Patent Applications Inducing Examiners to Grant Invalid Patents?: Evidence from Micro-Level Application Data," NBER Working Papers 20337, National Bureau of Economic Research, Inc.

  60. Lerner, Josh & Schoar, Antoinette, 2004. "Transaction Structures in the Developing World: Evidence from Private Equity," Working papers 4468-04, Massachusetts Institute of Technology (MIT), Sloan School of Management.

    Cited by:

    1. Bottazzi, Laura & Da Rin, Marco & Hellmann, Thomas F, 2004. "Active Financial Intermediation: Evidence on the Role of Organizational Specialization and Human Capital," CEPR Discussion Papers 4794, C.E.P.R. Discussion Papers.
    2. Thomas Hall, 2015. "Firm Boundaries and Innovation: Empirical Evidence from Entrepreneurial Finance," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 12(05), pages 1-33.
    3. Cinzia Colapinto, 2007. "A way to foster innovation: a venture capital district from Silicon Valley and route 128 to Waterloo Region," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 54(3), pages 319-343, September.
    4. Schertler, Andrea & Tykvová, Tereza, 2011. "Venture capital and internationalization," International Business Review, Elsevier, vol. 20(4), pages 423-439, August.
    5. Tykvová, Tereza & Schertler, Andrea, 2014. "Does Syndication With Local Venture Capitalists Moderate the Effects of Geographical and Institutional Distance?," Journal of International Management, Elsevier, vol. 20(4), pages 406-420.
    6. Irving Fisher Committee, 2009. "Proceedings of the IFC Conference on "Measuring financial innovation and its impact", Basel, 26-27 August 2008," IFC Bulletins, Bank for International Settlements, number 31.
    7. Schertler, Andrea & Tykvová, Tereza, 2010. "What lures cross-border venture capital inflows?," ZEW Discussion Papers 10-001, ZEW - Leibniz Centre for European Economic Research.
    8. Cinzia COLAPINTO, 2007. "A way to foster innovation: a Venture capital district. From Silicon Valley and Route 128 to Waterloo Region," Departmental Working Papers 2007-24, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    9. Ulrich Hege & Frédéric Palomino & Armin Schwienbacher, 2009. "Venture Capital Performance: The Disparity Between Europe and the United States," Finance, Presses universitaires de Grenoble, vol. 30(1), pages 7-50.
    10. Sarah Osborne & Dean Katselas & Larelle Chapple, 2012. "The preferences of private equity investors in selecting target acquisitions: An international investigation," Australian Journal of Management, Australian School of Business, vol. 37(3), pages 361-389, December.
    11. Barend de Beer & Zeph Nhleko, 2009. "Measuring the economic impact of private equity funds: the South African experience," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the IFC Conference on "Measuring financial innovation and its impact", Basel, 26-27 August 2008, volume 31, pages 495-510, Bank for International Settlements.

  61. Josh Lerner & Jean Tirole, 2004. "A Model of Forum Shopping, with Special Reference to Standard Setting Organizations," NBER Working Papers 10664, National Bureau of Economic Research, Inc.

    Cited by:

    1. David Gill & Daniel Sgroi & Faculty of Economics and Churchill College & University of Cambridge, 2005. "Sequential Decisions with Tests," Economics Series Working Papers 242, University of Oxford, Department of Economics.
    2. Rick Harbaugh & John W. Maxwell & Beatrice Roussillon, 2006. "The Groucho Effect of Uncertain Standards," Working Papers 2006-09, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    3. Benjamin Chiao & Josh Lerner & Jean Tirole, 2005. "The Rules of Standard Setting Organizations: An Empirical Analysis," NBER Working Papers 11156, National Bureau of Economic Research, Inc.
    4. Nicolas Quérou, 2005. "Obtaining a Unique, Efficient Norm Through Negotiation by Linking Porposals," Working Papers 05-02, LAMETA, Universtiy of Montpellier, revised Jan 2005.
    5. Ribstein Larry E., 2005. "Cross-Listing and Regulatory Competition," Review of Law & Economics, De Gruyter, vol. 1(1), pages 97-148, April.
    6. Alexandre Gaudeul & Bruno Jullien, 2005. "E-commerce, two-sided markets and info-mediation," Industrial Organization 0503014, University Library of Munich, Germany, revised 05 Apr 2005.
    7. Josh Lerner & Jean Tirole, 2005. "The Economics of Technology Sharing: Open Source and Beyond," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 99-120, Spring.
    8. Leiponen, Aija, 2005. "Clubs and Standards: The Role of Industry Consortia in Standardization of Wirelelss Telecommunications," Discussion Papers 997, The Research Institute of the Finnish Economy.
    9. Argenton, Cédric, 2005. "Producers bargaining over a quality standard," SSE/EFI Working Paper Series in Economics and Finance 618, Stockholm School of Economics, revised 08 May 2006.

  62. Josh Lerner, 2004. "Where Does State Street Lead? First Look at Finance Patents, 1971-2000," Levine's Working Paper Archive 122247000000000497, David K. Levine.

    Cited by:

    1. Kimmel, Randall K. & Antenucci, Robert & Hasan, Shahriar, 2017. "Investor perception and business method patents: A natural experiment," Economic Analysis and Policy, Elsevier, vol. 54(C), pages 26-48.
    2. W. Scott Frame & Lawrence J. White, 2002. "Empirical studies of financial innovation: lots of talk, little action?," FRB Atlanta Working Paper 2002-12, Federal Reserve Bank of Atlanta.
    3. Jalal Akhavein & W. Scott Frame & Lawrence J. White, 2001. "The Diffusion of Financial Innovations: An Examination of The Adoption of Small Business Credit Scoring by Large Banking Organizations," Center for Financial Institutions Working Papers 01-19, Wharton School Center for Financial Institutions, University of Pennsylvania.
    4. Langinier, Corinne & Marcoul, Phillipe, 2009. "Search of Prior Art and Revelation of Information by Patent Applicants," Working Papers 2009-21, University of Alberta, Department of Economics.
    5. Andrew W. Lo, 2009. "Regulatory reform in the wake of the financial crisis of 2007‐2008," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 1(1), pages 4-43, April.
    6. Praveen Kumar & Stuart M. Turnbull, 2008. "Optimal Patenting and Licensing of Financial Innovations," Management Science, INFORMS, vol. 54(12), pages 2012-2023, December.
    7. Li, Keming, 2018. "Innovation externalities and the customer/supplier link," Journal of Banking & Finance, Elsevier, vol. 86(C), pages 101-112.
    8. Mehmet Balcilar & Riza Demirer, 2014. "The Effect of Global Shocks and Volatility on Herd Behavior in Borsa Istanbul," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 142-172, March.
    9. Anne Duchêne, 2015. "Patent Litigation Insurance," Working Papers 2015-621, Department of Research, Ipag Business School.
    10. Mengus, Eric & Roberto Pancrazi, 2015. "The Inequality Accelerator," Economic Research Papers 270216, University of Warwick - Department of Economics.
    11. Suleyman Hilmi Kal & Nuran Arslaner & Ferhat Arslaner, 2014. "Inflation Dynamics and Business Cycles," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 121-129, March.
    12. Komulainen, Mari & Takalo, Tuomas, 2009. "Does State Street lead to Europe? The case of financial exchange innovations," Bank of Finland Research Discussion Papers 22/2009, Bank of Finland.
    13. Essendorfer, Stephan & Diaz-Rainey, Ivan & Falta, Michael, 2015. "Creative destruction in Wall Street's technological arms race: Evidence from patent data," Technological Forecasting and Social Change, Elsevier, vol. 99(C), pages 300-316.
    14. W. Scott Frame & Lawrence J. White, 2009. "Technological Change, Financial Innovation, and Diffusion in Banking," Working Papers 09-03, New York University, Leonard N. Stern School of Business, Department of Economics.
    15. Chemmanur, Thomas J. & Wilhelm, William Jr., 2002. "New Technologies, Financial Innovation, and Intermediation," Journal of Financial Intermediation, Elsevier, vol. 11(1), pages 2-8, January.
    16. Josh Lerner, 2008. "The Litigation of Financial Innovations," NBER Working Papers 14324, National Bureau of Economic Research, Inc.
    17. Anne Marie Knott & Hart E. Posen & Brian Wu, 2009. "Spillover Asymmetry and Why It Matters," Management Science, INFORMS, vol. 55(3), pages 373-388, March.
    18. Nancy T. Gallini, 2002. "The Economics of Patents: Lessons from Recent U.S. Patent Reform," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 131-154, Spring.
    19. Bharat Anand & Alexander Galetovic, 2003. "Strategies That Work When Property Rights Don't," Documentos de Trabajo 168, Centro de Economía Aplicada, Universidad de Chile.
    20. Petra Moser & Joerg Ohmstedt & Paul W. Rhode, 2015. "Patent Citations and the Size of the Inventive Step - Evidence from Hybrid Corn," NBER Working Papers 21443, National Bureau of Economic Research, Inc.
    21. Dimitrios Bisias & Mark Flood & Andrew W. Lo & Stavros Valavanis, 2012. "A Survey of Systemic Risk Analytics," Annual Review of Financial Economics, Annual Reviews, vol. 4(1), pages 255-296, October.
    22. Bronwyn H. Hall & Megan MacGarvie, 2006. "The Private Value of Software Patents," NBER Working Papers 12195, National Bureau of Economic Research, Inc.
    23. Ege Yazgan, 2014. "The effect of investors' confidence on monetary policy- economic growth relationship: a Multivariate GARCH approach," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 82-109, March.
    24. Shapiro, Carl, 2001. "Antitrust Limits to Patent Settlements," Competition Policy Center, Working Paper Series qt87s5j911, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    25. Lerner, Josh, 2006. "The new new financial thing: The origins of financial innovations," Journal of Financial Economics, Elsevier, vol. 79(2), pages 223-255, February.
    26. Sezer Bozkus Kahyaoglu & M. Vedat Pazarlioglu, 2014. "Hedging Strategy for Electricity Market Price Volatility: The Case of Turkish Electricity Market," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 196-210, March.
    27. Mark A. Lemley & Carl Shapiro, 2005. "Probabilistic Patents," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 75-98, Spring.
    28. Guzin Gulsun Akin & Ahmet Faruk Aysan & Gültekin Gollu & Levent Yildiran, 2014. "Formal and Informal Regulations for Credit Card Payment Services," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 1-33, March.
    29. Iain M. Cockburn & Stefan Wagner, 2007. "Patents and the Survival of Internet-related IPOs," NBER Working Papers 13146, National Bureau of Economic Research, Inc.
    30. Kim, Bongsun & Kim, Eonsoo & Miller, Douglas J. & Mahoney, Joseph T., 2016. "The impact of the timing of patents on innovation performance," Research Policy, Elsevier, vol. 45(4), pages 914-928.
    31. Blandine Laperche, 2003. "brevet, gène et logiciel,les débats en Europe et aux Etats-Unis (Patent, gene and software debates in europe and in the united states)," Working Papers 62, Laboratoire de Recherche sur l'Industrie et l'Innovation. ULCO / Research Unit on Industry and Innovation.
    32. Lars Hornuf & Milan F. Klus & Todor S. Lohwasser & Armin Schwienbacher, 2021. "How do banks interact with fintech startups?," Small Business Economics, Springer, vol. 57(3), pages 1505-1526, October.
    33. Peter T. Gianiodis & Matthias Thürer, 2018. "The Impact Of Government Intervention On Technological Regimes: The Sourcing Of Financial Innovation," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(03), pages 1-28, April.
    34. Kurt Dew, 2006. "Why Is The Profitability of Financial Innovation So Difficult to Identify? Innovation Clusters and Productive Opacity," NFI Working Papers 2006-WP-12, Indiana State University, Scott College of Business, Networks Financial Institute, revised Apr 2007.
    35. Forero, Clemente, 2005. "The impact of stronger intellectual property rights on science and technology in developing countries," Galeras. Working Papers Series 003, Universidad de Los Andes. Facultad de Administración. School of Management.
    36. Sadettin Haluk Citci, 2014. "Agency and Transparency in Financial Markets," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 110-120, March.
    37. Helios Herrera & Enrique Schroth, 2005. "Developer's Expertise and the Dynamics of Financial Innovation: Theory and Evidence," Levine's Bibliography 784828000000000290, UCLA Department of Economics.
    38. Helios Herrera & Enrique Schroth, 2003. "Profitable Innovation Without Patent Protection: The Case of Derivatives," FAME Research Paper Series rp76, International Center for Financial Asset Management and Engineering.
    39. Helios Herrera & Enrique Schroth, 2005. "Developer's Expertise and the Dynamics of Financial Innovation: Theory and Evidence," Working Papers 0504, Centro de Investigacion Economica, ITAM.
    40. Fabian Kuehnhausen, 2014. "The Impact of Financial Innovation on Firm Stability," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 211-239, March.
    41. Ahmet Duran & Burhaneddin Izgi, 2014. "Comovement and Polarization of Interest Rate and Stock Market in Turkey," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 130-141, March.
    42. Herrera, Helios & Schroth, Enrique, 2011. "Advantageous innovation and imitation in the underwriting market for corporate securities," Journal of Banking & Finance, Elsevier, vol. 35(5), pages 1097-1113, May.
    43. Daniel E. O'Leary, 2009. "Business School Research: Measuring Value Contribution Through Citations of Journals in Patents," Interfaces, INFORMS, vol. 39(6), pages 516-526, December.
    44. Christian Haddad & Lars Hornuf, 2021. "The Impact of Fintech Startups on Financial Institutions' Performance and Default Risk," CESifo Working Paper Series 9050, CESifo.
    45. J.W.B. Bos & J. Kolari & R. van Lamoen, 2009. "Competition and Innovation: Evidence from Financial Services," Working Papers 09-16, Utrecht School of Economics.
    46. Desyllas, Panos & Sako, Mari, 2013. "Profiting from business model innovation: Evidence from Pay-As-You-Drive auto insurance," Research Policy, Elsevier, vol. 42(1), pages 101-116.
    47. Orhan Erdem & Evren Arik & Serkan Yuksel, 2014. "Trading Puzzle," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 66-81, March.
    48. Hasan, Iftekhar & Li, Xiang & Takalo, Tuomas, 2023. "Technological innovation and the bank lending channel of monetary policy transmission," BOFIT Discussion Papers 9/2023, Bank of Finland Institute for Emerging Economies (BOFIT).
    49. Kühnhausen, Fabian, 2014. "Financial Innovation and Fragility," Discussion Papers in Economics 21173, University of Munich, Department of Economics.
    50. Peng Huang & Marco Ceccagnoli & Chris Forman & D. J. Wu, 2013. "Appropriability Mechanisms and the Platform Partnership Decision: Evidence from Enterprise Software," Management Science, INFORMS, vol. 59(1), pages 102-121, July.
    51. Forero-Pineda, Clemente, 2006. "The impact of stronger intellectual property rights on science and technology in developing countries," Research Policy, Elsevier, vol. 35(6), pages 808-824, July.
    52. Hamid Mohtadi & Stefan Ruediger, 2014. "Volatility and Transparency of Financial Markets in the MENA Region," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 173-195, March.
    53. Antonina Waszczuk, 2014. "Assembling International Equity Datasets – Review of Studies on the Cross-Section of Common Stocks," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 34-65, March.

  63. Josh Lerner, 2004. "The New New Financial Thing: The Sources of Innovation Before and After State Street," NBER Working Papers 10223, National Bureau of Economic Research, Inc.

    Cited by:

    1. James Bessen & Robert M. Hunt, 2004. "An empirical look at software patents," Working Papers 03-17, Federal Reserve Bank of Philadelphia.
    2. Peter Wood & Dariusz Wójcik, 2010. "A Dominant Node of Service Innovation: London’s Financial, Professional and Consultancy Services," Chapters, in: Faïz Gallouj & Faridah Djellal (ed.), The Handbook of Innovation and Services, chapter 25, Edward Elgar Publishing.
    3. Bronwyn H. Hall & Grid Thoma & Salvatore Torrisi, 2009. "Financial Patenting in Europe," NBER Working Papers 14714, National Bureau of Economic Research, Inc.
    4. Bronwyn H. Hall & Lee E. Manfred, 2007. "Innovation in non-bank payment systems," Proceedings – Payments System Research Conferences, Federal Reserve Bank of Kansas City.

  64. Josh Lerner & Antoinette Schoar, 2004. "Transaction Structures in the Developing World," NBER Working Papers 10348, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bottazzi, Laura & Da Rin, Marco & Hellmann, Thomas F, 2004. "Active Financial Intermediation: Evidence on the Role of Organizational Specialization and Human Capital," CEPR Discussion Papers 4794, C.E.P.R. Discussion Papers.
    2. Thomas Hall, 2015. "Firm Boundaries and Innovation: Empirical Evidence from Entrepreneurial Finance," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 12(05), pages 1-33.
    3. Cinzia Colapinto, 2007. "A way to foster innovation: a venture capital district from Silicon Valley and route 128 to Waterloo Region," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 54(3), pages 319-343, September.
    4. Schertler, Andrea & Tykvová, Tereza, 2011. "Venture capital and internationalization," International Business Review, Elsevier, vol. 20(4), pages 423-439, August.
    5. Aurélie Sannajust & Alexander Peter Groh, 2020. "There's no need to be a pioneer in emerging private equity markets," Post-Print hal-03511382, HAL.
    6. Tykvová, Tereza & Schertler, Andrea, 2014. "Does Syndication With Local Venture Capitalists Moderate the Effects of Geographical and Institutional Distance?," Journal of International Management, Elsevier, vol. 20(4), pages 406-420.
    7. Darek Klonowski, 2006. "Local Laws and Venture Capital Contracting in Transition Economies: Evidence from Poland," Post-Communist Economies, Taylor & Francis Journals, vol. 18(3), pages 327-343.
    8. Schertler, Andrea & Tykvová, Tereza, 2010. "What lures cross-border venture capital inflows?," ZEW Discussion Papers 10-001, ZEW - Leibniz Centre for European Economic Research.
    9. Sannajust, Aurélie & Groh, Alexander Peter, 2020. "There's no need to be a pioneer in emerging private equity markets," Journal of Corporate Finance, Elsevier, vol. 65(C).
    10. Cinzia COLAPINTO, 2007. "A way to foster innovation: a Venture capital district. From Silicon Valley and Route 128 to Waterloo Region," Departmental Working Papers 2007-24, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    11. Ulrich Hege & Frédéric Palomino & Armin Schwienbacher, 2009. "Venture Capital Performance: The Disparity Between Europe and the United States," Finance, Presses universitaires de Grenoble, vol. 30(1), pages 7-50.
    12. Sarah Osborne & Dean Katselas & Larelle Chapple, 2012. "The preferences of private equity investors in selecting target acquisitions: An international investigation," Australian Journal of Management, Australian School of Business, vol. 37(3), pages 361-389, December.

  65. Josh Lerner & Jean Tirole, 2003. "The Scope of Open Source Licensing," Levine's Working Paper Archive 506439000000000140, David K. Levine.

    Cited by:

    1. Islam, Mazhar & Miller, Jacob & Park, Haemin Dennis, 2017. "But what will it cost me? How do private costs of participation affect open source software projects?," Research Policy, Elsevier, vol. 46(6), pages 1062-1070.
    2. Comino, Stefano & Manenti, Fabio M. & Parisi, Maria Laura, 2007. "From planning to mature: On the success of open source projects," Research Policy, Elsevier, vol. 36(10), pages 1575-1586, December.
    3. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    4. Andreas Freytag & Sebastian von Engelhardt, 2010. "Institutions, Culture, and Open Source," Jena Economics Research Papers 2010-010, Friedrich-Schiller-University Jena.
    5. Gächter, Simon & von Krogh, Georg & Haefliger, Stefan, 2010. "Initiating private-collective innovation: The fragility of knowledge sharing," Research Policy, Elsevier, vol. 39(7), pages 893-906, September.
    6. Bitzer, Jurgen & Schrettl, Wolfram & Schroder, Philipp J.H., 2007. "Intrinsic motivation in open source software development," Journal of Comparative Economics, Elsevier, vol. 35(1), pages 160-169, March.
    7. Stephane Verani, 2006. "Open Source Development in a Differentiated Duopoly," Economics Discussion / Working Papers 06-05, The University of Western Australia, Department of Economics.
    8. Chaim Fershtman & Neil Gandal, 2007. "Open source software: Motivation and restrictive licensing," International Economics and Economic Policy, Springer, vol. 4(2), pages 209-225, August.
    9. Scott Dexter & Aaron Kozbelt, 2013. "Free and open source software (FOSS) as a model domain for answering big questions about creativity," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 12(1), pages 113-123, June.
    10. Sauer, Robert M., 2007. "Why Develop Open Source Software? The Role of Non-Pecuniary Benefits, Monetary Rewards and Open Source Licence Type," IZA Discussion Papers 3197, Institute of Labor Economics (IZA).
    11. Gaudeul, Alexia & Crosetto, Paolo & Riener, Gerhard, 2017. "Better stuck together or free to go? Of the stability of cooperation when individuals have outside options," Journal of Economic Psychology, Elsevier, vol. 59(C), pages 99-112.
    12. Josh Lerner & Parag A. Pathak & Jean Tirole, 2006. "The Dynamics of Open-Source Contributors," American Economic Review, American Economic Association, vol. 96(2), pages 114-118, May.
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    44. Gang Peng & Debabrata Dey, 2013. "Research Note ---A Dynamic View of the Impact of Network Structure on Technology Adoption: The Case of OSS Development," Information Systems Research, INFORMS, vol. 24(4), pages 1087-1099, December.
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    48. A. Talha Yalta & A. Yasemin Yalta, 2010. "Should Economists Use Open Source Software for Doing Research?," Working Papers 1007, TOBB University of Economics and Technology, Department of Economics.
    49. Alex Gaudeul, 2004. "The LaTeX project: A case study of open source software," Industrial Organization 0409010, University Library of Munich, Germany, revised 20 Apr 2005.
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    53. Ginchev Ivan, 2008. "Optimality conditions for scalar and vector optimization problems with quasiconvex inequality constraints," Economics and Quantitative Methods qf0805, Department of Economics, University of Insubria.
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  66. Josh Lerner, 2003. "The Patent System and Competition," Levine's Working Paper Archive 618897000000000577, David K. Levine.

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    1. Kaz Miyagiwa & Yuka Ohno, 2012. "International Harmonization of the Patent-Issuing Rules," ISER Discussion Paper 0837, Institute of Social and Economic Research, Osaka University.

  67. Lerner, Josh & Tirole, Jean, 2003. "Efficient Patent Pools," IDEI Working Papers 211, Institut d'Économie Industrielle (IDEI), Toulouse.

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    1. Yiquan Gu & Leonardo Madio & Carlo Reggiani, 2022. "Data brokers co-opetition [The impact of big data on firm performance: an empirical investigation]," Oxford Economic Papers, Oxford University Press, vol. 74(3), pages 820-839.
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    4. Baron, Justus & Ménière, Yann & Pohlmann, Tim, 2014. "Standards, consortia, and innovation," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 22-35.
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    6. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    7. Figueroa, Nicolás & Serrano, Carlos J., 2019. "Patent trading flows of small and large firms," Research Policy, Elsevier, vol. 48(7), pages 1601-1616.
    8. Andreas Reinstaller & Gerhard Schwarz, 2012. "Die wirtschafts- und forschungspolitische Bedeutung der Umsetzung der Biopatentrichtlinie im österreichischen Patentgesetz," WIFO Studies, WIFO, number 44635, February.
    9. Kwon, Deuksin & Lee, Ha Young & Cho, Joon Hyung & Sohn, So Young, 2023. "Effect of an open patent pool strategy on technology innovation in terms of creating shared value," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    10. Carlo Capuano & Iacopo Grassi & Riccardo Martina, 2020. "Patent protection and threat of litigation in oligopoly," Journal of Economics, Springer, vol. 130(2), pages 109-131, July.
    11. Gastón Llanes & Joaquín Poblete, 2014. "Ex Ante Agreements in Standard Setting and Patent‐Pool Formation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(1), pages 50-67, March.
    12. Jeon, Haejun, 2019. "Patent protection and R&D subsidy under asymmetric information," International Review of Economics & Finance, Elsevier, vol. 62(C), pages 332-354.
    13. Nancy Gallini, 2011. "Private agreements for coordinating patent rights: the case of patent pools," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2011(3), pages 5-30.
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    36. Cambini, Carlo & Silvestri, Virginia, 2013. "Investment sharing in broadband networks," Telecommunications Policy, Elsevier, vol. 37(10), pages 861-878.
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    46. Beschorner, Patrick Frank Ernst, 2008. "Do Shorter Product Cycles Induce Patent Thickets?," ZEW Discussion Papers 08-098, ZEW - Leibniz Centre for European Economic Research.
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    Cited by:

    1. Buchner, Axel, 2016. "How much can lack of marketability affect private equity fund values?," Review of Financial Economics, Elsevier, vol. 28(C), pages 35-45.
    2. Degeorge, Francois & Martin, Jens & Phalippou, Ludovic, 2016. "On secondary buyouts," Journal of Financial Economics, Elsevier, vol. 120(1), pages 124-145.
    3. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    4. Valentin Haddad & Erik Loualiche & Matthew Plosser, 2013. "Buyout activity: the impact of aggregate discount rates," Staff Reports 606, Federal Reserve Bank of New York.
    5. Axelson, Ulf & Strömberg, Per & Weisbach, Michael S., 2007. "Why are Buyouts Levered? The Financial Structure of Private Equity Funds," SIFR Research Report Series 49, Institute for Financial Research.
    6. Steven N. Kaplan & Antoinette Schoar, 2005. "Private Equity Performance: Returns, Persistence, and Capital Flows," Journal of Finance, American Finance Association, vol. 60(4), pages 1791-1823, August.
    7. Dahiya, Sandeep & Ray, Korok, 2012. "Staged investments in entrepreneurial financing," Journal of Corporate Finance, Elsevier, vol. 18(5), pages 1193-1216.
    8. Andrieu, Guillaume & Groh, Alexander Peter, 2018. "Specialist versus generalist investors: Trading off support quality, investment horizon and control rights," European Economic Review, Elsevier, vol. 101(C), pages 459-478.
    9. Dimo Dimov & Pablo Martin de Holan & Hana Milanov, 2012. "Learning patterns in venture capital investing in new industries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 21(6), pages 1389-1426, December.
    10. Mc Cahery, J.A. & Vermeulen, E.P.M., 2003. "The evolution of closely held business forms in Europe," Discussion Paper 2003, Tilburg University, Tilburg Law and Economic Center.
    11. Axel Buchner, 2016. "How much can lack of marketability affect private equity fund values?," Review of Financial Economics, John Wiley & Sons, vol. 28(1), pages 35-45, January.
    12. Xavier Mahieux, 2010. "La gestion déléguée dans les fonds de capital-investissement : relation d’agence et clauses contractuelles des fonds," Revue d'Économie Financière, Programme National Persée, vol. 97(2), pages 253-274.
    13. Thakor, Anjan & Boot, Arnoud & Gopalan, Radhakrishnan, 2004. "Go Public or Stay Private: A Theory of Entrepreneurial Choice," CEPR Discussion Papers 4219, C.E.P.R. Discussion Papers.
    14. Aragon, George O., 2007. "Share restrictions and asset pricing: Evidence from the hedge fund industry," Journal of Financial Economics, Elsevier, vol. 83(1), pages 33-58, January.
    15. Weisbach, Michael & Strömberg, Per & Axelson, Ulf, 2007. "Why are Buyouts Leveraged? The Financial Structure of Private Equity Firms," CEPR Discussion Papers 6133, C.E.P.R. Discussion Papers.
    16. Marquez, Robert & Nanda, Vikram & Yavuz, M. Deniz, 2010. "Private Equity Fund Returns: Do Managers Actually Leave Money on the Table?," Working Papers 10-24, University of Pennsylvania, Wharton School, Weiss Center.
    17. Oliver Gottschalg & Ludovic Phalippou, 2009. "The Performance of Private Equity Funds," Post-Print hal-00458111, HAL.
    18. Johan Hombert & David Thesmar, 2012. "Limits of Limits of Arbitrage: Theory and Evidence," Working Papers hal-00760761, HAL.
    19. Gael Imad'Eddine & Armin Schwienbacher, 2013. "International Capital Flows into the European Private Equity Market," European Financial Management, European Financial Management Association, vol. 19(2), pages 366-398, March.
    20. Groh, Alexander P. & Liechtenstein, Heinrich & Canela, Miguel A., 2008. "Limited partners' perceptions of the Central Eastern European venture capital and private equity market," IESE Research Papers D/727, IESE Business School.
    21. Douglas Cumming & Uwe Walz, 2010. "Private equity returns and disclosure around the world," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 41(4), pages 727-754, May.
    22. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    23. Goktan, M. Sinan & Muslu, Volkan, 2018. "Benefits of public reporting: Evidence from IPOs backed by listed private equity firms," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 669-688.
    24. Andrew Ang & Nicolas P.B. Bollen, 2010. "Locked Up by a Lockup: Valuing Liquidity as a Real Option," NBER Working Papers 15937, National Bureau of Economic Research, Inc.
    25. Cumming, Douglas & Schmidt, Daniel & Walz, Uwe, 2010. "Legality and venture capital governance around the world," Journal of Business Venturing, Elsevier, vol. 25(1), pages 54-72, January.
    26. Holden, Craig W., 2009. "New low-frequency spread measures," Journal of Financial Markets, Elsevier, vol. 12(4), pages 778-813, November.
    27. Ljungqvist, Alexander & Bircan, Cagatay & Biesinger, Markus, 2020. "Value Creation in Private Equity," CEPR Discussion Papers 14676, C.E.P.R. Discussion Papers.
    28. M. Meuleman & S. Manigart & A. Lockett & M. Wright, 2006. "Transaction costs, behavioral uncertainty and the formation of interfirm cooperations: Syndication in the UK private equity market," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 06/359, Ghent University, Faculty of Economics and Business Administration.
    29. Cumming, D. & Johan, S.A., 2005. "Is it the law or the lawyers? Investment fund covenants," Discussion Paper 2005-005, Tilburg University, Tilburg Law and Economic Center.
    30. Douglas Cumming & Sofia Johan, 2006. "Is it the Law or the Lawyers? Investment Covenants around the World," European Financial Management, European Financial Management Association, vol. 12(4), pages 535-574, September.
    31. Douglas Cumming & Grant Fleming & Armin Schwienbacher, 2009. "Style Drift in Private Equity," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 36(5‐6), pages 645-678, June.
    32. Ji Liu & Zheng Xu & Yanmei Zhang & Wei Dai & Hao Wu & Shiping Chen, 2022. "Digging into Primary Financial Market: Challenges and Opportunities of Adopting Blockchain," Papers 2204.09544, arXiv.org.
    33. Cumming, Douglas & Schmidt, Daniel & Walz, Uwe, 2004. "Legality and venture governance around the world," CFS Working Paper Series 2004/17, Center for Financial Studies (CFS).
    34. Oliver Gottschalg & Viral V. Acharya & Moritz Hahn & Conor Kehoe, 2013. "Corporate Governance and Value Creation: Evidence from Private Equity," Post-Print hal-00784067, HAL.
    35. Yael V. Hochberg & Joshua D. Rauh, 2011. "Local Overweighting and Underperformance: Evidence from Limited Partner Private Equity Investments," NBER Working Papers 17122, National Bureau of Economic Research, Inc.
    36. Matthias Kiefer & Edward Jones & Andrew Adams, 2016. "Principals, Agents and Incomplete Contracts: Are Surrender of Control and Renegotiation the Solution?," CFI Discussion Papers 1603, Centre for Finance and Investment, Heriot Watt University.
    37. Kanniainen, V. & Keuschnigg, C., 2001. "Start-up Investment With Scarce Venture Capital Support," University of Helsinki, Department of Economics 503, Department of Economics.
    38. Alexander Ljungqvist & Matthew Richardson & Daniel Wolfenzon, 2020. "The investment behavior of buyout funds: Theory and evidence," Financial Management, Financial Management Association International, vol. 49(1), pages 3-32, March.
    39. Cumming, Douglas J. & Reardon, Robert S., 2021. "COVID-19 and entrepreneurial processes in U.S. equity crowdfunding," CFS Working Paper Series 665, Center for Financial Studies (CFS).
    40. Dimo Dimov & Pablo Martin de Holan, 2010. "Firm Experience and Market Entry by Venture Capital Firms (1962–2004)," Journal of Management Studies, Wiley Blackwell, vol. 47(1), pages 130-161, January.
    41. Apergis, Nicholas & Artikis, Panagiotis G. & Kyriazis, Dimitrios, 2015. "Does stock market liquidity explain real economic activity? New evidence from two large European stock markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 38(C), pages 42-64.
    42. Paglia, John K. & Harjoto, Maretno A., 2014. "The effects of private equity and venture capital on sales and employment growth in small and medium-sized businesses," Journal of Banking & Finance, Elsevier, vol. 47(C), pages 177-197.
    43. Azzi, Sarah & Suchard, Jo-Ann, 2019. "Crouching tigers, hidden dragons: Private equity fund selection in China," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 236-253.
    44. Winton, Andrew & Yerramilli, Vijay, 2008. "Entrepreneurial finance: Banks versus venture capital," Journal of Financial Economics, Elsevier, vol. 88(1), pages 51-79, April.
    45. Josh Lerner & Antoinette Schoar & Wan Wongsunwai, 2007. "Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle," Journal of Finance, American Finance Association, vol. 62(2), pages 731-764, April.
    46. Jordan Schoenfeld, 2020. "Contracts Between Firms and Shareholders," Journal of Accounting Research, Wiley Blackwell, vol. 58(2), pages 383-427, May.
    47. Mr. David Cook & Woon Gyu Choi, 2007. "Financial Market Risk and U.S. Money Demand," IMF Working Papers 2007/089, International Monetary Fund.
    48. Cumming, Douglas & Fleming, Grant & Suchard, Jo-Ann, 2005. "Venture capitalist value-added activities, fundraising and drawdowns," Journal of Banking & Finance, Elsevier, vol. 29(2), pages 295-331, February.
    49. Cumming, D. & Johan, S.A., 2005. "Advice and monitoring in venture finance," Discussion Paper 2005-003, Tilburg University, Tilburg Law and Economic Center.
    50. de Zwart, G.J. & Frieser, B. & van Dijk, D.J.C., 2007. "A Recommitment Strategy for Long Term Private Equity Fund Investors," ERIM Report Series Research in Management ERS-2007-097-F&A, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    51. Lerner, Josh & Mao, Jason & Schoar, Antoinette & Zhang, Nan R., 2022. "Investing outside the box: Evidence from alternative vehicles in private equity," Journal of Financial Economics, Elsevier, vol. 143(1), pages 359-380.
    52. Yang CAO & Joseph P. OGDEN & Cristian I. TIU, 2011. "Who Benefits From Funds Of Hedge Funds? A Critique Of Alternative Organizational Structures In The Hedge Fund Industry (I)," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 1(1), pages 19-36, December.
    53. Jean-Noël Barrot, 2017. "Investor Horizon and the Life Cycle of Innovative Firms: Evidence from Venture Capital," Management Science, INFORMS, vol. 63(9), pages 3021-3043, September.
    54. Krohmer, Philipp & Lauterbach, Rainer & Calanog, Victor, 2009. "The bright and dark side of staging: Investment performance and the varying motivations of private equity firms," Journal of Banking & Finance, Elsevier, vol. 33(9), pages 1597-1609, September.
    55. Goyenko, Ruslan Y. & Holden, Craig W. & Trzcinka, Charles A., 2009. "Do liquidity measures measure liquidity?," Journal of Financial Economics, Elsevier, vol. 92(2), pages 153-181, May.
    56. Groh, Alexander P., 2009. "Private equity in emerging markets," IESE Research Papers D/779, IESE Business School.
    57. Steven Grenadier & Andrey Malenko & Ilya A. Strebulaev, 2012. "Investment Busts, Reputation, and the Temptation to Blend in with the Crowd," NBER Working Papers 17945, National Bureau of Economic Research, Inc.
    58. Cumming, Douglas & Fleming, Grant & Schwienbacher, Armin, 2006. "Legality and venture capital exits," Journal of Corporate Finance, Elsevier, vol. 12(2), pages 214-245, January.
    59. George Aragon & Bing Liang & Hyuna Park, 2014. "Onshore and Offshore Hedge Funds: Are They Twins?," Management Science, INFORMS, vol. 60(1), pages 74-91, January.

  69. Mihir Desai & Paul Gompers & Josh Lerner, 2003. "Institutions, Capital Constraints and Entrepreneurial Firm Dynamics: Evidence from Europe," NBER Working Papers 10165, National Bureau of Economic Research, Inc.

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    2. Zuzana Brixiova & Balazs Egert, 2017. "Entrepreneurship, Institutions and Skills in Low-Income Countries," CESifo Working Paper Series 6451, CESifo.
    3. Ms. Deniz O Igan & Ali Mirzaei & Tomoe Moore, 2018. "How Do Regulations of Entry and Credit Access Relate to Industry Competition? International Evidence," IMF Working Papers 2018/084, International Monetary Fund.
    4. Clemens Christiane, 2008. "Imperfect Competition and Growth with Entrepreneurial Risk," German Economic Review, De Gruyter, vol. 9(2), pages 180-206, May.
    5. T. Dinh, Hinh & Mavridis, Dimitris A. & Nguyen, Hoa B., 2010. "The binding constraint on firms'growth in developing countries," Policy Research Working Paper Series 5485, The World Bank.
    6. Veiga, Pedro Mota & Teixeira, Sérgio Jesus & Figueiredo, Ronnie & Fernandes, Cristina I., 2020. "Entrepreneurship, innovation and competitiveness: A public institution love triangle," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).
    7. Kamilia Loukil, 2020. "Dynamic Panel Data Analysis Of The Impact Of Intellectual Property Rights On Entrepreneurship In Emerging And Developing Countries," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 5(1), pages 40-48, March.
    8. Matthias Benz, "undated". "Entrepreneurship as a non-profit-seeking activity," IEW - Working Papers 243, Institute for Empirical Research in Economics - University of Zurich.
    9. Jamal Ibrahim Haidar, "undated". "The Impact of Business Regulatory Reforms on Economic Growth," Working Paper 305086, Harvard University OpenScholar.
    10. Braunerhjelm, Pontus, 2010. "Entrepreneurship, Innovation and Economic Growth - past experience, current knowledge and policy implications," Working Paper Series in Economics and Institutions of Innovation 224, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    11. Sjoerd Beugelsdijk, 2004. "Entrepreneurial Culture, Regional Innovativeness and Economic Growth," ERSA conference papers ersa04p210, European Regional Science Association.
    12. Maik Heinemann & Christiane Clemens, 2007. "Credit Constraints, Entrepreneurial Activity, and Occupational Choice under Risk," 2007 Meeting Papers 416, Society for Economic Dynamics.
    13. Igor Fedotenkov & Anneleen Vandeplas, 2021. "The Implications of Ageing for Business Dynamics," LICOS Discussion Papers 42821, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    14. Cristina Arellano & Yan Bai & Jing Zhang, 2007. "Contract Enforcement and Firms'd5 FinancingContract Enforcement and Firms'd5 Financing," Working Papers 573, Research Seminar in International Economics, University of Michigan.
    15. Becker Bo & Sivadasan Jagadeesh, 2010. "The Effect of Financial Development on the Investment-Cash Flow Relationship: Cross-Country Evidence from Europe," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-49, May.
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    17. Amit Das & Shobha S. Das, 2022. "E-Government and Entrepreneurship: Online Government Services and the Ease of Starting Business," Information Systems Frontiers, Springer, vol. 24(3), pages 1027-1039, June.
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    1. Philippe Aghion & Peter Howitt & Susanne Prantl, 2013. "Patent Rights, Product Market Reforms, and Innovation," NBER Working Papers 18854, National Bureau of Economic Research, Inc.
    2. Makiko Hino & Mototsugu Fukushige, 2014. "Catching up and falling behind in technological progress: the experience of the textile and chemical industries in Italy between 1904 and 1937," Discussion Papers in Economics and Business 14-14, Osaka University, Graduate School of Economics.
    3. Kamilia Loukil, 2016. "Role of Human Resources in the Promotion of Technological Innovation in Emerging and Developing Countries," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 341-352, September.
    4. Rosina Moreno & Jordi Suriñach, 2014. "“Innovation Adoption and Productivity Growth: Evidence for Europe”," IREA Working Papers 201413, University of Barcelona, Research Institute of Applied Economics, revised Apr 2014.
    5. Jean O. Lanjouw, 2002. "Intellectual Property and the Availability of Pharmaceuticals in Poor Countries," Working Papers 5, Center for Global Development.
    6. Berger, Thor & Prawitz, Erik, 2023. "Inventors among the “Impoverished Sophisticate”," Working Paper Series 1462, Research Institute of Industrial Economics.
    7. Michele Boldrin & David K Levine, 2010. "Quality Ladders, Competition and Endogenous Growth," Levine's Working Paper Archive 661465000000000028, David K. Levine.
    8. Nicolas van Zeebroeck & Bruno van Pottelsberghe de la Potterie, 2011. "Filing strategies and patent value," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(6), pages 539-561, February.
    9. Donges, Alexander & Selgert, Felix, 2019. "The Consequences of Radical Patent-Regime Change," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203662, Verein für Socialpolitik / German Economic Association.
    10. Bruno Van Pottelsberghe & Matthis de Saint-Georges, 2011. "A Quality Index for Patent Systems," Working Papers ECARES ECARES 2011-010, ULB -- Universite Libre de Bruxelles.
    11. Saiz, Patricio & Amengual, Rafael, 2016. "Knowledge Disclosure, Patent Management, and the Four-Stroke Engine Business," Working Papers in Economic History 2016/02, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    12. Raza, Werner G., 2021. "COVID-19 and the failure of pharmaceutical innovation for the global South: The example of "neglected diseases" and emerging infectious diseases," Briefing Papers 32a, Austrian Foundation for Development Research (ÖFSE).
    13. Luis Angeles, 2011. "Institutions, property rights, and economic development in historical perspective," Working Papers 2011_03, Business School - Economics, University of Glasgow.
    14. Sudipto Bhattacharya & Sergei Guriev, 2006. "Patents VS Trade Secrets: Knowledge Licensing and Spillover," Sciences Po publications info:hdl:2441/3jesolrqda8, Sciences Po.
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    17. Chen, Qiang, 2008. "The effect of patent laws on invention rates: Evidence from cross-country panels," Journal of Comparative Economics, Elsevier, vol. 36(4), pages 694-704, December.
    18. Allen, Franklin & Qian, Jun & Zhang, Chenying, 2011. "An Alternative View on Law, Institutions, Finance and Growth," Working Papers 11-64, University of Pennsylvania, Wharton School, Weiss Center.
    19. Christian Bessy, 2019. "The transformations of conventions for patent use and the role of legal intermediaries," Working Papers halshs-01872163, HAL.
    20. Andreas Panagopoulos, 2004. "Patent Protection As A Stimulant for Risky Innovation. Could TRIPS be Counterproductive?," Bristol Economics Discussion Papers 04/566, School of Economics, University of Bristol, UK.
    21. van Pottelsberghe de la Potterie, Bruno & de Rassenfosse, Gaétan, 2008. "A Policy Insight into the R&D-Patent Relationship," CEPR Discussion Papers 6716, C.E.P.R. Discussion Papers.
    22. Mercedes Campi & Alessandro Nuvolari, 2013. "Intellectual Property Protection in Plant Varieties. A New Worldwide Index (1961-2011)," LEM Papers Series 2013/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    23. Reda Cherif & Fuad Hasanov, 2021. "Fair and Inclusive Markets: Why Dynamism Matters," IMF Working Papers 2021/029, International Monetary Fund.
    24. Gerakos, Joseph & Kovrijnykh, Andrei, 2013. "Performance shocks and misreporting," Journal of Accounting and Economics, Elsevier, vol. 56(1), pages 57-72.
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  71. Josh Lerner & Jean Tirole & Marcin Strojwas, 2003. "Cooperative Marketing Agreements Between Competitors: Evidence from Patent Pools," NBER Working Papers 9680, National Bureau of Economic Research, Inc.

    Cited by:

    1. James Bessen, 2009. "Evaluating the Economic Performance of Property Systems," Working Papers 0902, Research on Innovation.
    2. Dehez Pierre & Poukens Sophie, 2014. "The Shapley Value as a Guide to FRAND Licensing Agreements," Review of Law & Economics, De Gruyter, vol. 10(3), pages 1-20, November.
    3. Josh Lerner & Jean Tirole, 2005. "The Economics of Technology Sharing: Open Source and Beyond," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 99-120, Spring.
    4. Olivier Bertrand & Pluvia Zuniga, 2004. "R&D and M&A: Are cross-border M&A different? An investigation on OECD countries," Cahiers de la Maison des Sciences Economiques bla04072, Université Panthéon-Sorbonne (Paris 1).
    5. Richard Schmalensee, 2009. "Standard‐Setting, Innovation Specialists And Competition Policy," Journal of Industrial Economics, Wiley Blackwell, vol. 57(3), pages 526-552, September.
    6. Galasso, Alberto, 2007. "Broad cross-license agreements and persuasive patent litigation: theory and evidence from the semiconductor industry," LSE Research Online Documents on Economics 6718, London School of Economics and Political Science, LSE Library.
    7. Hussinger, Katrin & Grimpe, Christoph, 2007. "Firm Acquisitions and Technology Strategy: Corporate versus Private Equity Investors," ZEW Discussion Papers 07-066, ZEW - Leibniz Centre for European Economic Research.
    8. Fabio Bertoni & Tereza Tykvova, 2015. "Does governmental venture capital spur invention and innovation? Evidence from young European biotech companies," Post-Print hal-02313268, HAL.
    9. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    10. Hussinger, Katrin & Grimpe, Christoph, 2008. "Market and Technology Access Through Firm Acquisitions: Beyond One Size Fits All," ZEW Discussion Papers 08-037, ZEW - Leibniz Centre for European Economic Research.
    11. Dutz, Mark A. & Sharma, Siddharth, 2012. "Green growth, technology and innovation," Policy Research Working Paper Series 5932, The World Bank.
    12. Rudy Santore & Michael McKee & David Bjornstad, 2010. "Patent Pools as a Solution to Efficient Licensing of Complementary Patents? Some Experimental Evidence," Journal of Law and Economics, University of Chicago Press, vol. 53(1), pages 167-183, February.
    13. TSUKADA Naotoshi & NAGAOKA Sadao, 2011. "Standards as a Knowledge Source for R&D: A first look at their incidence and impacts based on the inventor survey and patent bibliographic data," Discussion papers 11018, Research Institute of Economy, Trade and Industry (RIETI).
    14. Grimpe, Christoph & Hussinger, Katrin, 2008. "Building and Blocking: The Two Faces of Technology Acquisition," ZEW Discussion Papers 08-042, ZEW - Leibniz Centre for European Economic Research.
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    16. Rainer Frey & Katrin Hussinger, 2011. "European market integration through technology-driven M&As," Applied Economics, Taylor & Francis Journals, vol. 43(17), pages 2143-2153.
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    167. Luyu Li & Dandan Wu, 2019. "Entrepreneurial education and students' entrepreneurial intention: does team cooperation matter?," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-13, December.
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  73. Josh Lerner, 2003. "150 Years of Patent Protection: Data," Levine's Working Paper Archive 618897000000000592, David K. Levine.

    Cited by:

    1. Patrick Legros, 2005. "Art and the Internet: Blessing the Curse?," NajEcon Working Paper Reviews 172782000000000001, www.najecon.org.

  74. Josh Lerner, 2002. "Patent Protection and Innovation Over 150 Years," NBER Working Papers 8977, National Bureau of Economic Research, Inc.

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    1. Philippe Aghion & Peter Howitt & Susanne Prantl, 2013. "Patent Rights, Product Market Reforms, and Innovation," NBER Working Papers 18854, National Bureau of Economic Research, Inc.
    2. Rosina Moreno & Jordi Suriñach, 2014. "“Innovation Adoption and Productivity Growth: Evidence for Europe”," IREA Working Papers 201413, University of Barcelona, Research Institute of Applied Economics, revised Apr 2014.
    3. Ashish Arora & Marco Ceccagnoli & Wesley M. Cohen, 2003. "R&D and the Patent Premium," NBER Working Papers 9431, National Bureau of Economic Research, Inc.
    4. Berger, Thor & Prawitz, Erik, 2023. "Inventors among the “Impoverished Sophisticate”," Working Paper Series 1462, Research Institute of Industrial Economics.
    5. Michele Boldrin & David K Levine, 2010. "Quality Ladders, Competition and Endogenous Growth," Levine's Working Paper Archive 661465000000000028, David K. Levine.
    6. Bruno Van Pottelsberghe & Matthis de Saint-Georges, 2011. "A Quality Index for Patent Systems," Working Papers ECARES ECARES 2011-010, ULB -- Universite Libre de Bruxelles.
    7. Chen, Chao & Gu, Junjian & Luo, Rongxi, 2022. "Corporate innovation and R&D expenditure disclosures," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    8. Chen, Qiang, 2008. "The effect of patent laws on invention rates: Evidence from cross-country panels," Journal of Comparative Economics, Elsevier, vol. 36(4), pages 694-704, December.
    9. Mercedes Campi & Alessandro Nuvolari, 2013. "Intellectual Property Protection in Plant Varieties. A New Worldwide Index (1961-2011)," LEM Papers Series 2013/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    10. Reda Cherif & Fuad Hasanov, 2021. "Fair and Inclusive Markets: Why Dynamism Matters," IMF Working Papers 2021/029, International Monetary Fund.
    11. Pilar Beneito & María E. Rochina-Barrachina & Amparo Sanchis, 2012. "Patents, competition and firms’ innovation incentives," Working Papers 1211, Department of Applied Economics II, Universidad de Valencia.
    12. Gaetan de Rassenfosse & Paul Jensen & T'Mir Julius & Alfons Palangkaraya & Elizabeth Webster, 2019. "Are foreigners treated equally under the TRIPs Agreement?," Working Papers 16, Chair of Science, Technology, and Innovation Policy.
    13. Tesoriere, Antonio & Balletta, Luigi, 2017. "A dynamic model of open source vs proprietary R&D," European Economic Review, Elsevier, vol. 94(C), pages 221-239.
    14. Dietmar Harhoff, 2006. "Patente - Segen oder Fluch für Innovationen?," Schmalenbach Journal of Business Research, Springer, vol. 58(54), pages 86-109, January.
    15. Bronwyn H. Hall, 2014. "Does patent protection help or hinder technology transfer?," Chapters, in: Sanghoon Ahn & Bronwyn H. Hall & Keun Lee (ed.), Intellectual Property for Economic Development, chapter 2, pages 11-32, Edward Elgar Publishing.
    16. Di Vita, Giuseppe, 2013. "The TRIPs agreement and technological innovation," Journal of Policy Modeling, Elsevier, vol. 35(6), pages 964-977.
    17. Bronwyn H. Hall, 2004. "Business Method Patents, Innovation, and Policy," Law and Economics 0401001, University Library of Munich, Germany.
    18. Kyungchul Cho & Changseok Kim & Juneseuk Shin, 2015. "Differential effects of intellectual property rights on innovation and economic performance: A cross-industry investigation," Science and Public Policy, Oxford University Press, vol. 42(6), pages 827-840.
    19. Eric Budish & Benjamin N. Roin & Heidi Williams, 2013. "Do firms underinvest in long-term research? Evidence from cancer clinical trials," NBER Working Papers 19430, National Bureau of Economic Research, Inc.
    20. Eric Budish & Benjamin Roin & Heidi Williams, 2013. "Do fixed patent terms distort innovation? Evidence from cancer clinical trials," Discussion Papers 13-001, Stanford Institute for Economic Policy Research.
    21. Petra Moser, 2005. "How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World's Fairs," American Economic Review, American Economic Association, vol. 95(4), pages 1214-1236, September.
    22. Liu, An-Hsiang & Siebert, Ralph B., 2022. "The competitive effects of declining entry costs over time: Evidence from the static random access memory market," International Journal of Industrial Organization, Elsevier, vol. 80(C).
    23. Silvia Balia & Sara Pau & Silvana Robone, 2021. "Intellectual property rights protection and health: the case of tuberculosis," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 75(3), pages 149-160, July-Sept.
    24. Trinugroho, Irwan & Law, Siong Hook & Lee, Weng Chang & Wiwoho, Jamal & Sergi, Bruno S., 2021. "Effect of financial development on innovation: Roles of market institutions," Economic Modelling, Elsevier, vol. 103(C).
    25. Nancy Gallini, 2017. "Do patents work? Thickets, trolls and antibiotic resistance," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(4), pages 893-926, November.
    26. John Armour & Douglas Cumming, 2008. "Bankruptcy Law and Entrepreneurship," American Law and Economics Review, American Law and Economics Association, vol. 10(2), pages 303-350.
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    28. Cohen, Wesley M., 2010. "Fifty Years of Empirical Studies of Innovative Activity and Performance," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 129-213, Elsevier.
    29. Gnangnon, Sèna Kimm, 2023. "The Least developed countries' TRIPS Waiver and the Strength of Intellectual Property Protection," EconStor Preprints 271537, ZBW - Leibniz Information Centre for Economics.
    30. Antonio Cubel & Vicente Esteve & M. Teresa Sanchis & Juan A. Sanchis-Llopis, 2014. "The Effect Of Foreign And Domestic Patents On Total Factor Productivity During The Second Half Of The 20th Century," Working Papers 1404, Department of Applied Economics II, Universidad de Valencia.
    31. Claude Diebolt & Karine Pellier, 2022. "Patents in the Long Run : Theory, History and Statistics," Working Papers hal-02929514, HAL.
    32. Anja, Breitwieser & Neil, Foster, 2012. "Intellectual property rights, innovation and technology transfer: a survey," MPRA Paper 36094, University Library of Munich, Germany.
    33. Arza, Valeria & López, Andrés & Montes-Rojas, Gabriel & Pascuini, Paulo, 2023. "In the name of TRIPS: The impact of IPR harmonisation on patent activity in Latin America," Research Policy, Elsevier, vol. 52(6).
    34. Bai, Qing & Tian, Shaonan, 2020. "Innovate or die: Corporate innovation and bankruptcy forecasts," Journal of Empirical Finance, Elsevier, vol. 59(C), pages 88-108.
    35. Lee Branstetter & Raymond Fisman & C. Fritz Foley, 2005. "Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Data," NBER Working Papers 11516, National Bureau of Economic Research, Inc.
    36. Jelena Kabulova & Jelena Stankevičienė, 2020. "Valuation of FinTech Innovation Based on Patent Applications," Sustainability, MDPI, vol. 12(23), pages 1-15, December.
    37. Sieds, 2021. "Complete Volume LXXV n. 3 2021," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 75(3), pages 1-194, July-Sept.
    38. Sam Meng, 2019. "A New Design for the Patent System," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(3), pages 1204-1229, September.
    39. Giuditta De Prato & Daniel Nepelski, 2012. "International patenting strategies in ICT," JRC Research Reports JRC79479, Joint Research Centre, revised Nov 2012.
    40. Deeparghya Mukherjee, 2015. "TRIPS and the Balance between Private Rights and Public Well-being," Foreign Trade Review, , vol. 50(4), pages 284-297, November.
    41. Kamal Saggi, 2016. "Trade, Intellectual Property Rights, and the World Trade Organization," Vanderbilt University Department of Economics Working Papers 16-00014, Vanderbilt University Department of Economics.
    42. Demir, Caner, 2016. "Do Technology Transfer and IPR Spur Domestic Innovation?: An International Panel Data Analysis," MPRA Paper 76693, University Library of Munich, Germany.
    43. Shin, Seungryul Ryan & Lee, Jisoo & Jung, Yura Rosemary & Hwang, Junseok, 2022. "The diffusion of scientific discoveries in government laboratories: The role of patents filed by government scientists," Research Policy, Elsevier, vol. 51(5).
    44. Barros, Henrique M., 2021. "Neither at the cutting edge nor in a patent-friendly environment: Appropriating the returns from innovation in a less developed economy," Research Policy, Elsevier, vol. 50(1).
    45. Kirsten Labuske & Jochen Streb, 2008. "Technological Creativity and Cheap Labour? Explaining the Growing International Competitiveness of German Mechanical Engineering before World War I," German Economic Review, Verein für Socialpolitik, vol. 9(1), pages 65-86, February.
    46. Streb, Jochen & Wallusch, Jacek & Yin, Shuxi, 2007. "Knowledge spill-over from new to old industries: The case of German synthetic dyes and textiles (1878-1913)," Explorations in Economic History, Elsevier, vol. 44(2), pages 203-223, April.
    47. Hasan, Iftekhar & Khalil, Fahad & Sun, Xian, 2017. "The impacts of intellectual property rights protection on cross-border M&As," Bank of Finland Research Discussion Papers 17/2017, Bank of Finland.
    48. Filippo Mezzanotti, 2021. "Roadblock to Innovation: The Role of Patent Litigation in Corporate R&D," Management Science, INFORMS, vol. 67(12), pages 7362-7390, December.
    49. Andrea Fernández‐Ribas, 2010. "International Patent Strategies of Small and Large Firms: An Empirical Study of Nanotechnology," Review of Policy Research, Policy Studies Organization, vol. 27(4), pages 457-473, July.
    50. Daniel Nepelski & Giuditta De Prato, 2012. "Does the Patent Cooperation Treaty work? A global analysis of patent applications by non-residents," JRC Research Reports JRC79541, Joint Research Centre, revised Nov 2012.
    51. Grönqvist, Charlotta, 2009. "Empirical studies on the private value of Finnish patents," Bank of Finland Scientific Monographs, Bank of Finland, volume 0, number sm2009_041.
    52. Richard Pomfret & Keith Maskus, 2014. "The New Globalisation of Intellectual Property Rights: What's New This Time?," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 54(3), pages 262-284, November.
    53. Hella Bani Baghdadi & Sami Aouadi, 2018. "Does Patent Performance Promote Relative Technological Performance in Countries Bordering the Mediterranean?," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(4), pages 1246-1269, December.
    54. Hu, Xiaotian & Yin, Xiaopeng, 2022. "Do stronger intellectual property rights protections raise productivity within the context of trade liberalization? Evidence from China," Economic Modelling, Elsevier, vol. 110(C).
    55. Maggie Xiaoyang Chen & Murat Iyigun, 2011. "Patent Protection and Strategic Delays in Technology Development: Implications for Economic Growth," Southern Economic Journal, John Wiley & Sons, vol. 78(1), pages 211-232, July.
    56. Christian Le Bas & Julien Pénin, 2014. "Patents and innovation : Are the brakes broken, or how to restore patents’ dynamic efficiency ?," Working Papers of BETA 2014-02, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    57. MOTOHASHI Kazuyuki, 2009. "Software Patent and its Impact on Software Innovation in Japan," Discussion papers 09038, Research Institute of Economy, Trade and Industry (RIETI).
    58. Hasan, Iftekhar & Tucci, Christopher L., 2010. "The innovation-economic growth nexus: Global evidence," Research Policy, Elsevier, vol. 39(10), pages 1264-1276, December.
    59. Sunil Kanwar & Stefan Sperlich, 2020. "Innovation, productivity and intellectual property reform in an emerging market economy: evidence from India," Empirical Economics, Springer, vol. 59(2), pages 933-950, August.
    60. Vijay Sattiraju & Virendra S. Ligade & Pradeep Muragundi & Ravi Pandey & Manthan D. Janodia, 2023. "National and Higher Education Institutions (HEIs) IP Policies: Comparison of Indian HEIs’ IP Policies from a Global Perspective," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1979-2006, June.
    61. Ha Thi-Thu Le & Trang Thi-Dai Luong & Trang Thi Thu Nguyen & Duy Van Nguyen, 2023. "Determinants of Intellectual Property Rights Protection in Asian Developing Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(4), pages 4780-4806, December.

  75. Dan Elfenbein & Josh Lerner, 2001. "Links and Hyperlinks: An Empirical Analysis of Internet Portal Alliances, 1995-1999," NBER Working Papers 8251, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jean-Charles Rochet & Jean Tirole, 2003. "Platform Competition in Two-Sided Markets," Journal of the European Economic Association, MIT Press, vol. 1(4), pages 990-1029, June.
    2. Venkatachalam, Mohan & Rajgopal, Shivaram & Kotha, Suresh, 2000. "Managerial Actions, Stock Returns, and Earnings: The Case of Business-to-Business Internet Firms," Research Papers 1673, Stanford University, Graduate School of Business.

  76. Paul A. Gompers & Josh Lerner, 2001. "The Really Long-Run Performance of Initial Public Offerings: The Pre-NASDAQ Evidence," NBER Working Papers 8505, National Bureau of Economic Research, Inc.

    Cited by:

    1. Yang, Tung-Hsiao & Hsu, Junming & Yang, Wen-Ben, 2016. "Firm's motives behind SEOs, earnings management, and performance," International Review of Economics & Finance, Elsevier, vol. 43(C), pages 160-169.
    2. Grant Fleming & Zhangxin (Frank) Liu & David Merrett & Simon Ville, 2021. "Underpricing in a developing capital market: Australian equity issuances, 1920–39†," Economic History Review, Economic History Society, vol. 74(3), pages 831-855, August.
    3. Jog, Vijay & Otchere, Isaac & Sun, Chengye, 2019. "Does the two-stage IPO process reduce underpricing and long run underperformance? Evidence from Chinese firms listed in the U.S," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 59(C), pages 90-105.
    4. Banerjee, Shantanu & Güçbilmez, Ufuk & Pawlina, Grzegorz, 2016. "Leaders and followers in hot IPO markets," Journal of Corporate Finance, Elsevier, vol. 37(C), pages 309-334.
    5. Su, Chen & Bangassa, Kenbata, 2011. "The impact of underwriter reputation on initial returns and long-run performance of Chinese IPOs," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 21(5), pages 760-791.
    6. Ravi Kiran, 2011. "Price Performance of IPOS in Indian Stock Market," EuroEconomica, Danubius University of Galati, issue 30, pages 73-97, November.
    7. Feng, Yi & Nandy, Debarshi K. & Tian, Yisong S., 2015. "Executive compensation and the corporate spin-off decision," Journal of Economics and Business, Elsevier, vol. 77(C), pages 94-117.
    8. Dionysia Dionysiou, 2015. "Choosing Among Alternative Long-Run Event-Study Techniques," Journal of Economic Surveys, Wiley Blackwell, vol. 29(1), pages 158-198, February.
    9. Alberto Dreassi & Massimiliano Kaucic & Giorgio Valentinuz, 2017. "The Information Content Of Earnings Announcements In The European Insurance Market: An Event Study Analysis," Eurasian Journal of Business and Management, Eurasian Publications, vol. 5(3), pages 1-16.
    10. Audretsch, David B. & Lehmann, Erik E., 2013. "Corporate governance in newly listed companies," UO Working Papers 03-13, University of Augsburg, Chair of Management and Organization.
    11. de Jong, Frank & Dahlquist, Magnus, 2004. "Pseudo Market Timing: Fact or Fiction?," CEPR Discussion Papers 4609, C.E.P.R. Discussion Papers.
    12. Cristiana Cardi & Camilla Mazzoli & Sabrina Severini, 2019. "People have the power: post IPO effects of intellectual capital disclosure," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 43(2), pages 228-255, April.
    13. Hoechle, Daniel & Schmid, Markus & Zimmermann, Heinz, 2012. "Decomposing Performance," Working Papers on Finance 1216, University of St. Gallen, School of Finance, revised Nov 2015.
    14. Soumya G. Deb & Pradip Banerjee, 2024. "Performance of VC/PE-backed IPOs: New Insights from India," Global Business Review, International Management Institute, vol. 25(2), pages 421-443, April.
    15. Cora Barnhart & Gerald P. Dwyer, 2012. "Returns To Investors In Stocks In New Industries," Economic Inquiry, Western Economic Association International, vol. 50(4), pages 1031-1049, October.
    16. Sibylle H. Lehmann, 2014. "Taking firms to the stock market: IPOs and the importance of large banks in imperial Germany, 1896–1913," Economic History Review, Economic History Society, vol. 67(1), pages 92-122, February.
    17. Seung‐Doo Choi & Inmoo Lee & William Megginson, 2010. "Do Privatization IPOs Outperform in the Long Run?," Financial Management, Financial Management Association International, vol. 39(1), pages 153-185, March.
    18. Kim, Oksana, 2013. "The global recognition strategy of blue chips of the Russian and Commonwealth of Independent States (CIS) markets," Journal of Contemporary Accounting and Economics, Elsevier, vol. 9(2), pages 151-169.
    19. Su, Chen, 2015. "Does institutional reform improve the impact of investment bank reputation on the long-term stock performance of initial public offerings?," The British Accounting Review, Elsevier, vol. 47(4), pages 445-470.
    20. Liu, Jianlei & Uchida, Konari & Gao, Ruidong, 2012. "Political connections and the long-term stock performance of Chinese IPOs," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 22(4), pages 814-833.
    21. Josh Lerner & Joacim Tåg, 2013. "Institutions and venture capital," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(1), pages 153-182, February.
    22. Switzer, Lorne N. & El Meslmani, Nabil & Zhai, Xinkai, 2022. "IPO performance and the size effect: Evidence for the US and Canada," The North American Journal of Economics and Finance, Elsevier, vol. 62(C).
    23. Juhani T. Linnainmaa & Michael R. Roberts, 2016. "The History of the Cross Section of Stock Returns," NBER Working Papers 22894, National Bureau of Economic Research, Inc.
    24. O. Emre Ergungor & C. N. V. Krishnan & Ajai K. Singh & Allan A. Zebedee, 2004. "Bank seasoned equity offers: do voluntary and involuntary offers differ?," Working Papers (Old Series) 0414, Federal Reserve Bank of Cleveland.
    25. Eugene Kandel & Konstantin Kosenko & Randall Morck & Yishay Yafeh, 2013. "The Great Pyramids of America: A Revised History of US Business Groups, Corporate Ownership and Regulation, 1930-1950," NBER Working Papers 19691, National Bureau of Economic Research, Inc.
    26. Keun Jung Lee, 2021. "The Effects of Privatization and Corporate Governance of SOEs in Transition Economies: The Case of Kazakhstan," ADB Institute Series on Development Economics, in: Farhad Taghizadeh-Hesary & Naoyuki Yoshino & Chul Ju Kim & Kunmin Kim (ed.), Reforming State-Owned Enterprises in Asia, chapter 0, pages 113-132, Springer.
    27. Marie-Claude Beaulieu & Habiba Mrissa Bouden, 2020. "Does idiosyncratic risk matter in IPO long-run performance?," Review of Quantitative Finance and Accounting, Springer, vol. 55(3), pages 935-981, October.
    28. Hoechle, Daniel & Zimmermann, Heinz, 2007. "A Generalization of the Calendar Time Portfolio Approach and the Performance of Private Investors," Working papers 2007/14, Faculty of Business and Economics - University of Basel.
    29. Proches Ngatuni & John Capstaff & Andrew Marshall, 2007. "Long‐Term Performance Following Rights Issues and Open Offers in the UK," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 34(1‐2), pages 33-64, January.
    30. Moshirian, Fariborz & Ng, David & Wu, Eliza, 2010. "Model specification and IPO performance: New insights from Asia," Research in International Business and Finance, Elsevier, vol. 24(1), pages 62-74, January.
    31. Edelman, Linda F. & Manolova, Tatiana S. & Brush, Candida G. & Chow, Clifton M., 2021. "Signal configurations: Exploring set-theoretic relationships in angel investing," Journal of Business Venturing, Elsevier, vol. 36(2).
    32. Wai-yan Cheng & Yan-leung Cheung & Yuen-ching Tse, 2005. "The Impact on IPO Performance of More Stringent Listing Rules with a Pre-listing Earnings Requirement: Evidence from Hong Kong," Working Papers 172005, Hong Kong Institute for Monetary Research.
    33. Canarella, Giorgio & Miller, Stephen M., 2022. "Firm size, corporate debt, R&D activity, and agency costs: Exploring dynamic and non-linear effects," The Journal of Economic Asymmetries, Elsevier, vol. 25(C).
    34. Andrew Ang & Li Gu & Yael V. Hochberg, 2006. "Is IPO Underperformance a Peso Problem?," NBER Working Papers 12203, National Bureau of Economic Research, Inc.
    35. Kooli, Maher & Suret, Jean-Marc, 2004. "The aftermarket performance of initial public offerings in Canada," Journal of Multinational Financial Management, Elsevier, vol. 14(1), pages 47-66, February.
    36. Hyunbae Chun & Jung-Wook Kim & Randall Morck, 2013. "Productivity Growth and Stock Returns: Firm- and Aggregate-Level Analyses," NBER Working Papers 19462, National Bureau of Economic Research, Inc.
    37. Hegde, Shantaram & Seth, Rama & Vishwanatha, S.R., 2020. "Ownership concentration and stock returns: Evidence from family firms in India," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
    38. Reber, Beat, 2017. "Does mispricing, liquidity or third-party certification contribute to IPO downside risk?," International Review of Financial Analysis, Elsevier, vol. 51(C), pages 25-53.
    39. Dutta, Anupam & Knif, Johan & Kolari, James W. & Pynnonen, Seppo, 2018. "A robust and powerful test of abnormal stock returns in long-horizon event studies," Journal of Empirical Finance, Elsevier, vol. 47(C), pages 1-24.
    40. Daying Yan & Jun Cai, 2003. "Long-Run Operating Performance of Initial Public Offerings in Japanese Over-the-Counter Market (1991–2001): Evidence and Implications," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 10(2), pages 239-274, September.
    41. Brau, James C. & Rodríguez, Javier, 2009. "An empirical analysis of Mexican and US closed-end mutual fund IPOs," Research in International Business and Finance, Elsevier, vol. 23(1), pages 1-17, January.
    42. Nurwahida Yaakub & Mohamed Sherif & Roszaini Haniffa, 2018. "The Post-issue Market Performance of Initial Public Offerings: Empirical Evidence from the Malaysian Stock Markets," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 17(3_suppl), pages 376-414, December.
    43. Pei-shan Lu & Weiju Young & Meng Sung Hsieh, 2017. "The Impacts of Overinvestment and Financial Constraints on Seasoned Equity Offering Long-Run Performance," International Journal of Economics and Financial Issues, Econjournals, vol. 7(5), pages 216-224.
    44. Minardi, Andrea Maria Accioly Fonseca & Ferrari, Guilherme Lopes & AraújoTavares, Pedro Carvalho, 2013. "Performances of Brazilian IPOs backed by private equity," Journal of Business Research, Elsevier, vol. 66(3), pages 448-455.
    45. David Chambers, 2007. "New issues, New Industries and Firm Survival in Interwar Britain," Working Papers 7002, Economic History Society.
    46. James C. Spindler, 2006. "Conflict or Credibility: Research Analyst Conflicts of Interest and the Market for Underwriting Business," The Journal of Legal Studies, University of Chicago Press, vol. 35(2), pages 303-325, June.
    47. Khelifa Mazouz & Sam Agyei-Ampomah & Brahim Saadouni & Shuxing Yin, 2013. "Stabilization and the aftermarket prices of initial public offerings," Review of Quantitative Finance and Accounting, Springer, vol. 41(3), pages 417-439, October.
    48. Shikha Bhatia & Balwinder Singh, 2012. "Examining the Performance of IPOs," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 37(3), pages 219-251, August.
    49. Onesun Steve Yoo & Kevin McCardle, 2020. "The Valuator’s Curse: Decision Analysis of Overvaluation and Disappointment in Acquisition," Decision Analysis, INFORMS, vol. 17(4), pages 299-313, December.
    50. Ilia D. Dichev, 2007. "What Are Stock Investors’ Actual Historical Returns? Evidence from Dollar-Weighted Returns," American Economic Review, American Economic Association, vol. 97(1), pages 386-401, March.
    51. Stavros Peristiani, 2003. "Evaluating the riskiness of initial public offerings: 1980-2000," Staff Reports 167, Federal Reserve Bank of New York.
    52. Fei Jiang & Lawrence Leger, 2009. "The Impact on IPO Performance of Reforming IPO Allocation Regulations: An Event Study of Shanghai Stock Exchange A-Shares," Discussion Paper Series 2009_04, Department of Economics, Loughborough University, revised Feb 2009.
    53. Falguni H. Pandya, 2016. "After Market Pricing Performance of Initial Public Offerings (IPOs)," Jindal Journal of Business Research, , vol. 5(1), pages 1-16, June.
    54. Kolari, James W. & Pynnonen, Seppo & Tuncez, Ahmet M., 2021. "Further evidence on long-run abnormal returns after corporate events," The Quarterly Review of Economics and Finance, Elsevier, vol. 81(C), pages 421-439.
    55. Hsu, Junming & Yang, Tung-Hsiao & Sung, Po-Shen, 2016. "SEO firms' lottery-like characteristics, institutional ownership, and long-run performance," Journal of Business Research, Elsevier, vol. 69(6), pages 2160-2166.
    56. Hoechle, Daniel & Karthaus, Larissa & Schmid, Markus, 2017. "The Long-Term Performance of IPO’s, Revisited," Working Papers on Finance 1706, University of St. Gallen, School of Finance.
    57. Peng Cheng & David McMillan, 2015. "Do initial reserves signal long-term IPO stock performance?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 3(1), pages 1018697-101, December.
    58. Huong Dang & Michael Jolly, 2016. "IPOs in New Zealand: Valuation Multiples and Benchmark Adjusted Performance," Working Papers in Economics 16/32, University of Canterbury, Department of Economics and Finance.
    59. Sanjay Dhamija & Ravinder Kumar Arora, 2017. "Determinants of Long-run Performance of Initial Public Offerings: Evidence from India," Vision, , vol. 21(1), pages 35-45, March.
    60. Marc Deloof & Ine Paeleman, 2024. "International entrepreneurship without investor protection: Evidence from initial public offerings in Belgium before the First World War," Economic History Review, Economic History Society, vol. 77(2), pages 523-553, May.
    61. Que, Jiangjing & Zhang, Xueyong, 2019. "Pre-IPO growth, venture capital, and the long-run performance of IPOs," Economic Modelling, Elsevier, vol. 81(C), pages 205-216.
    62. Maher Kooli & Jean-François L'Her & Jean-Marc Suret, 2003. "Do IPOs Underperform in the Long-Run? New Evidence from the Canadian Stock Market," CIRANO Working Papers 2003s-16, CIRANO.
    63. Till Drebinger & Shailendra Kumar Rai & Heiko Hinrichs, 2019. "Performance of IPOs of Indian Companies Backed by Private Equity," Vision, , vol. 23(4), pages 397-409, December.
    64. O. Emre Ergungor & C. N. V. Krishnan & Ajai K. Singh & Allan A. Zebedee, 2005. "Offer-price discount of bank seasoned equity offers: do voluntary and involuntary offers convey different information?," Working Papers (Old Series) 0515, Federal Reserve Bank of Cleveland.
    65. Mary Brooke Billings & Kevin Hsueh & Melissa F. Lewis-Western & Gladriel Shobe, 2023. "Innovations in IPO Deal Structure: Do Up-C IPOs Harm Public Shareholders?," Management Science, INFORMS, vol. 69(5), pages 3048-3079, May.
    66. Janice CY How & Kian Ngo & Peter Verhoeven, 2011. "Dividend initiations and long-run IPO performance," Australian Journal of Management, Australian School of Business, vol. 36(2), pages 267-286, August.
    67. Beng Soon Chong & Zhenbin Liu, 2016. "CAR associated with SEO share lockups: Real or illusionary?," Review of Quantitative Finance and Accounting, Springer, vol. 47(3), pages 513-541, October.
    68. David Chambers, 2007. "Financial Dependence and Firm Survival in Interwar Britain," Economics Series Working Papers 377, University of Oxford, Department of Economics.
    69. Cakici, Nusret & Zaremba, Adam & Bianchi, Robert J. & Pham, Nga, 2021. "False discoveries in the anomaly research: New insights from the Stock Exchange of Melbourne (1927–1987)," Pacific-Basin Finance Journal, Elsevier, vol. 70(C).

  77. Josh Lerner & Jean Triole, 2000. "The Simple Economics of Open Source," NBER Working Papers 7600, National Bureau of Economic Research, Inc.

    Cited by:

    1. Erickson, Kristofer, 2018. "Can creative firms thrive without copyright? Value generation and capture from private-collective innovation," Business Horizons, Elsevier, vol. 61(5), pages 699-709.
    2. Lerner, Josh & Tirole, Jean, 2001. "The open source movement: Key research questions," European Economic Review, Elsevier, vol. 45(4-6), pages 819-826, May.
    3. Arjo Klamer & Hendrik P. van Dalen, 2001. "Attention and the Art of Scientific Publishing," Tinbergen Institute Discussion Papers 01-022/1, Tinbergen Institute.
    4. Mateos-Garcia, Juan & Steinmueller, W. Edward, 2008. "The institutions of open source software: Examining the Debian community," Information Economics and Policy, Elsevier, vol. 20(4), pages 333-344, December.
    5. Leona Achtenhagen & Jörg Müller-Lietzkow & Dodo Knyphausen-Aufseß, 2003. "Das Open Source-Dilemma: Open Source-Software zwischen freier Verfügbarkeit und Kommerzialisierung," Schmalenbach Journal of Business Research, Springer, vol. 55(5), pages 455-481, August.
    6. Alessandro Rossi & Alessandro Narduzzo, 2003. "Modular design and the development of complex artifact lesson fron free open source software," Quaderni DISA 080, Department of Computer and Management Sciences, University of Trento, Italy, revised 29 Sep 2003.
    7. Nancy T. Gallini, 2002. "The Economics of Patents: Lessons from Recent U.S. Patent Reform," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 131-154, Spring.
    8. Grimaldi, Rosa & Torrisi, Salvatore, 2001. "Codified-tacit and general-specific knowledge in the division of labour among firms: A study of the software industry," Research Policy, Elsevier, vol. 30(9), pages 1425-1442, December.
    9. Jean-Michel Dalle & Nicolas Jullien, 2003. ""Libre" software : turning fads into institutions?," Post-Print hal-00287967, HAL.
    10. Pierre-Alain Muet, 2006. "Impacts économiques de la révolution numérique," Revue économique, Presses de Sciences-Po, vol. 57(3), pages 347-375.
    11. Martha A. Starr, 2014. "Qualitative And Mixed-Methods Research In Economics: Surprising Growth, Promising Future," Journal of Economic Surveys, Wiley Blackwell, vol. 28(2), pages 238-264, April.
    12. Paolo CROSETTO, 2010. "To patent or not to patent: a pilot experiment on incentives to copyright in a sequential innovation setting," Departmental Working Papers 2010-05, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    13. Eric von Hippel & Georg von Krogh, 2003. "Open Source Software and the “Private-Collective” Innovation Model: Issues for Organization Science," Organization Science, INFORMS, vol. 14(2), pages 209-223, April.
    14. Sebastian von Engelhardt, 2010. "Quality Competition or Quality Cooperation? License-Type and the Strategic Nature of Open Source vs. Closed Source Business Models," Jena Economics Research Papers 2010-034, Friedrich-Schiller-University Jena.
    15. Justin Pappas Johnson, 2002. "Open Source Software: Private Provision of a Public Good," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 11(4), pages 637-662, December.
    16. Campbell-Kelly, Martin & Garcia-Swartz, Daniel D., 2009. "Pragmatism, not ideology: Historical perspectives on IBM's adoption of open-source software," Information Economics and Policy, Elsevier, vol. 21(3), pages 229-244, August.
    17. Deng, Feng, 2008. "What Is “Open”? An Economic Analysis of Open Institutions," MPRA Paper 8888, University Library of Munich, Germany.
    18. Frank A.G. den Butter & Stefan P.T. Groot & Faroek Lazrak, 2007. "The Transaction Costs Perspective on Standards as a Source of Trade and Productivity Growth," Tinbergen Institute Discussion Papers 07-090/3, Tinbergen Institute.
    19. Xavier Lecocq & Benoît Demil, 2005. "Les effets de l’introduction d’un système ouvert sur la structure d’un secteur : le cas de l’industrie américaine du jeu de rôle," Revue Finance Contrôle Stratégie, revues.org, vol. 8(3), pages 105-123, September.
    20. Mohnen, Pierre & Palm, Franz & Schim van der Loeff, Sybrand & Tiwari, Amaresh, 2008. "Financial Constraints and Other Obstacles: Are they a Threat to Innovation Activity?," MERIT Working Papers 2008-006, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    21. Gwendolyn K. Lee & Robert E. Cole, 2003. "From a Firm-Based to a Community-Based Model of Knowledge Creation: The Case of the Linux Kernel Development," Organization Science, INFORMS, vol. 14(6), pages 633-649, December.
    22. von Krogh, Georg & von Hippel, Eric, 2003. "Special issue on open source software development," Research Policy, Elsevier, vol. 32(7), pages 1149-1157, July.
    23. Juan Mateos Garcia & W. Edward Steinmueller, 2003. "The Open Source Way of Working: a New Paradigm for the Division of Labour in Software Development?," SPRU Working Paper Series 92, SPRU - Science Policy Research Unit, University of Sussex Business School.
    24. Alex Gaudeul, 2004. "The LaTeX project: A case study of open source software," Industrial Organization 0409010, University Library of Munich, Germany, revised 20 Apr 2005.
    25. Rajeev K. Tyagi, 2004. "Technological Advances, Transaction Costs, and Consumer Welfare," Marketing Science, INFORMS, vol. 23(3), pages 335-344, January.
    26. Alessandro Narduzzo & Alessandro Rossi, 2003. "Modular Design and the Development of Complex Artifacts: Lessons from Free/Open Source Software," ROCK Working Papers 021, Department of Computer and Management Sciences, University of Trento, Italy, revised 12 Jun 2008.
    27. Dean Baker, 2016. "Working Paper: Rents and Inefficiency in the Patent and Copyright System: Is There a Better Route?," CEPR Reports and Issue Briefs 2016-12, Center for Economic and Policy Research (CEPR).
    28. Knut Blind & Jakob Edler, 2003. "Idiosyncrasies of the Software Development Process and Their Relation to Software Patents: Theoretical Considerations and Empirical Evidence," Netnomics, Springer, vol. 5(1), pages 71-96, May.
    29. John P. Conley & Fan‐Chin Kung, 2010. "Private Benefits, Warm Glow, and Reputation in the Free and Open Source Software Production Model," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(4), pages 665-689, August.
    30. Giovanni Baiocchi, 2007. "Reproducible research in computational economics: guidelines, integrated approaches, and open source software," Computational Economics, Springer;Society for Computational Economics, vol. 30(1), pages 19-40, August.
    31. Paola Giuri & Gaia Rocchetti & Salvatore Torrisi, 2002. "Open Source Software: From Open Science to New Marketing Models," LEM Papers Series 2002/23, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    32. Powell, J.P., 2010. "The limits of economic self-interest : The case of open source software," Other publications TiSEM fc6d2aa1-8b29-40be-b888-5, Tilburg University, School of Economics and Management.
    33. O'Mahony, Siobhan, 2003. "Guarding the commons: how community managed software projects protect their work," Research Policy, Elsevier, vol. 32(7), pages 1179-1198, July.
    34. Martin Campbell-Kelly & Daniel Garcia-Swartz, 2010. "The Move to the Middle: Convergence of the Open-Source and Proprietary Software Industries," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 17(2), pages 223-252.
    35. Linus Dahlander, 2005. "Appropriation And Appropriability In Open Source Software," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 259-285.
    36. Tomak, Kerem & Keskin, Tayfun, 2008. "Exploring the trade-off between immediate gratification and delayed network externalities in the consumption of information goods," European Journal of Operational Research, Elsevier, vol. 187(3), pages 887-902, June.
    37. Cowan, Robin & Harison, Elad, 2001. "Protecting the digital endeavour: prospects for intellectual property rights in the information society," Research Memorandum 027, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    38. Binenbaum, Eran, 2003. "The Intellectual Property Strategy of International Agricultural Research Centres," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57835, Australian Agricultural and Resource Economics Society.

  78. Josh Lerner & Alexander Tsai, 2000. "Do Equity Financing Cycles Matter? Evidence from Biotechnology Alliances," NBER Working Papers 7464, National Bureau of Economic Research, Inc.

    Cited by:

    1. Tereza Tykvová, 2007. "What Do Economists Tell Us About Venture Capital Contracts?," Journal of Economic Surveys, Wiley Blackwell, vol. 21(1), pages 65-89, February.
    2. Anna Bialek-Jaworska & Renata Gabryelczyk & Agnieszka Pugaczewicz, 2016. "Determinants of Business Model Maturity (Determinanty dojrzalosci modeli biznesowych)," Research Reports, University of Warsaw, Faculty of Management, vol. 1(20), pages 7-23.
    3. Raphael Greiner & Siah Ang, 2012. "Biotechnology collaborations: does business model matter?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 16(3), pages 377-392, August.
    4. Gambardella, Alfonso & Panico, Claudio, 2014. "On the management of open innovation," Research Policy, Elsevier, vol. 43(5), pages 903-913.
    5. Thuy Bui, 2022. "Corporate blockholders and financial leverage," The Financial Review, Eastern Finance Association, vol. 57(3), pages 559-583, August.
    6. Tannistra Banerjee & Stephen Martin, 2015. "Pharmaceutical Regulation and Innovative Performance: A Decision‐theoretic Model," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 36(3), pages 177-190, April.
    7. Ljungqvist, Alexander & Chemla, Gilles & Habib, Michel, 2002. "An Analysis of Shareholder Agreements," CEPR Discussion Papers 3457, C.E.P.R. Discussion Papers.
    8. Häussler, Carolin, 2006. "Can’t Buy Me Rights! The Contractual Structure of Asymmetrical Inter-firm Collaborations," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 189, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    9. Carolin Haeussler & Matthew J. Higgins, 2014. "Strategic Alliances: Trading Ownership for Capabilities," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(1), pages 178-203, March.
    10. Bodnaruk, Andriy & Manconi, Alberto & Massa, Massimo, 2016. "Cross-border alliances and risk management," Journal of International Economics, Elsevier, vol. 102(C), pages 22-49.
    11. Hermans, Raine, 2004. "Finance of Small Bio-pharmaceutical Industry in Finland - Descriptive Analysis," Discussion Papers 888, The Research Institute of the Finnish Economy.
    12. Claude Ménard, 2012. "Hybrid Modes of Organization. Alliances, Joint Ventures, Networks, and Other 'Strange' Animals," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00624291, HAL.
    13. Reuer, Jeffrey & Devarakonda, S.V., 2015. "Mechanisms of hybrid governance : Administrative committees in non-equity alliances," Other publications TiSEM 063d9ccc-59c8-4e76-a77d-8, Tilburg University, School of Economics and Management.
    14. Hermosilla, Manuel & Wu, Yufei, 2018. "Market size and innovation: The intermediary role of technology licensing," Research Policy, Elsevier, vol. 47(5), pages 980-991.
    15. Catherine Beaudry, 2011. "Collaboration and contracting out versus funding and support – Impact on the propensity to patent of Canadian biotechnology firms 1999-2005," CIRANO Working Papers 2011s-62, CIRANO.
    16. Klein, Dan & Li, Mingsheng, 2009. "Factors affecting secondary share offerings in the IPO process," The Quarterly Review of Economics and Finance, Elsevier, vol. 49(3), pages 1194-1212, August.
    17. Sviatoslav A. Moskalev & R. Bruce Swensen, 2007. "Joint ventures around the globe from 1990–2000: Forms, types, industries, countries and ownership patterns," Review of Financial Economics, John Wiley & Sons, vol. 16(1), pages 29-67.
    18. Czarnitzki, Dirk & Hottenrott, Hanna, 2012. "Collaborative R&D as a strategy to attenuate financing constraints," ZEW Discussion Papers 12-049, ZEW - Leibniz Centre for European Economic Research.
    19. Distadio, Luiz Fernando & Ferguson, Andrew, 2022. "Mine offtake contracting, strategic alliances and the equity market," Journal of Commodity Markets, Elsevier, vol. 27(C).
    20. Samuel Kortum, 2004. "An R&D Roundtable," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(4), pages 349-363.
    21. Higgins, Matthew J. & Stephan, Paula E. & Thursby, Jerry G., 2011. "Conveying quality and value in emerging industries: Star scientists and the role of signals in biotechnology," Research Policy, Elsevier, vol. 40(4), pages 605-617, May.
    22. Josh Lerner & Ulrike Malmendier, 2005. "Contractibility and the Design of Research Agreements," NBER Working Papers 11292, National Bureau of Economic Research, Inc.
    23. Cacciolatti, Luca & Rosli, Ainurul & Ruiz-Alba, José L. & Chang, Jane, 2020. "Strategic alliances and firm performance in startups with a social mission," Journal of Business Research, Elsevier, vol. 106(C), pages 106-117.
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    72. Ciccotello, Conrad S & Hornyak, Martin J & Piwowar, Michael S, 2004. "Research and Development Alliances: Evidence from a Federal Contracts Repository," Journal of Law and Economics, University of Chicago Press, vol. 47(1), pages 123-166, April.
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    74. Sean Nicholson, 2005. "Biotech-Pharmaceutical Alliances as a Signal of Asset and Firm Quality," The Journal of Business, University of Chicago Press, vol. 78(4), pages 1433-1464, July.
    75. Chemmanur, Thomas J. & Shen, Yao & Xie, Jing, 2023. "Innovation beyond firm boundaries: Strategic alliances and corporate innovation," Journal of Corporate Finance, Elsevier, vol. 80(C).
    76. Bodnaruk, Andriy & Massa, Massimo & Simonov, Andrei, 2013. "Alliances and corporate governance," Journal of Financial Economics, Elsevier, vol. 107(3), pages 671-693.
    77. Thomas Gehrig & Rune Stenbacka, 2003. "Venture Cycles: Theory and Evidence," CESifo Working Paper Series 882, CESifo.
    78. Manuela N. Hoehn‐Weiss & Samina Karim, 2014. "Unpacking functional alliance portfolios: How signals of viability affect young firms' outcomes," Strategic Management Journal, Wiley Blackwell, vol. 35(9), pages 1364-1385, September.
    79. Moskalev, Sviatoslav A. & Swensen, R. Bruce, 2007. "Joint ventures around the globe from 1990-2000: Forms, types, industries, countries and ownership patterns," Review of Financial Economics, Elsevier, vol. 16(1), pages 29-67.
    80. Nini, Greg & Smith, David C. & Sufi, Amir, 2009. "Creditor control rights and firm investment policy," Journal of Financial Economics, Elsevier, vol. 92(3), pages 400-420, June.
    81. Carolin Haeussler & Matthew J. Higgins, 2012. "Explaining Preferences for Control Rights in Strategic Alliances: A Property Rights and Capabilities Perspective Approach," NBER Working Papers 18364, National Bureau of Economic Research, Inc.
    82. Joseph Golec & John Vernon, 2009. "Financial risk of the Biotech Industry versus the Pharmaceutical Industry," Applied Health Economics and Health Policy, Springer, vol. 7(3), pages 155-165, September.
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    84. Braunerhjelm, Pontus & Parker, Simon, 2010. "Josh Lerner: Recipient of the 2010 Global Award for Entrepreneurship Research," Working Paper Series in Economics and Institutions of Innovation 233, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    85. Morales, Rosa & Radoniqi, Fatos, 2017. "Intangibles and the Market Value of Biopharmaceutical Startups," MPRA Paper 88580, University Library of Munich, Germany.
    86. Hong, Jieying, 2020. "The financing of alliance entrepreneurship," Journal of Business Venturing, Elsevier, vol. 35(1).
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    88. Brinster, Leonhard & Tykvová, Tereza, 2021. "Connected VCs and strategic alliances: Evidence from biotech companies," Journal of Corporate Finance, Elsevier, vol. 66(C).
    89. Huang, Chenchen & Luo, Di & Mukherjee, Soumyatanu & Mishra, Tapas, 2022. "To Acquire or to Ally? Managing Partners’ Environmental Risk in International Expansion," MPRA Paper 117591, University Library of Munich, Germany, revised 07 Jan 2023.
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  79. Josh Lerner, 2000. "150 Years of Patent Office Practice," NBER Working Papers 7477, National Bureau of Economic Research, Inc.

    Cited by:

    1. Marc-Hubert Depret & Abdellilah Hamdouch, 2006. "Droits de propriété intellectuelle, règles du commerce international et accès aux médicaments dans les pays en développement," Post-Print halshs-00285257, HAL.
    2. Samaniego, Roberto M., 2013. "Knowledge spillovers and intellectual property rights," International Journal of Industrial Organization, Elsevier, vol. 31(1), pages 50-63.
    3. Saiz, Patricio & Amengual, Rafael, 2016. "Knowledge Disclosure, Patent Management, and the Four-Stroke Engine Business," Working Papers in Economic History 2016/02, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    4. Iain M. Cockburn & Samuel Kortum & Scott Stern, 2002. "Are All Patent Examiners Equal? The Impact of Examiner Characteristics," NBER Working Papers 8980, National Bureau of Economic Research, Inc.
    5. Chen, Qiang, 2008. "The effect of patent laws on invention rates: Evidence from cross-country panels," Journal of Comparative Economics, Elsevier, vol. 36(4), pages 694-704, December.
    6. Allen, Franklin & Qian, Jun & Zhang, Chenying, 2011. "An Alternative View on Law, Institutions, Finance and Growth," Working Papers 11-64, University of Pennsylvania, Wharton School, Weiss Center.
    7. Alfons Palangkaraya & Paul H. Jensen & Elizabeth Webster, 2005. "Determinants of International Patent Examination Outcomes," Melbourne Institute Working Paper Series wp2005n06, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    8. Rockett, K, 2008. "Property Rights and Invention," Economics Discussion Papers 2857, University of Essex, Department of Economics.
    9. Allen, Franklin & Qian, Jun & Qian, Meijun, 2018. "A Review of China’s Institutions," CEPR Discussion Papers 13269, C.E.P.R. Discussion Papers.
    10. Shiyuan Pan & Heng-fu Zou & Tailong Li, 2010. "Patent Protection, Technological Change and Wage Inequality," CEMA Working Papers 437, China Economics and Management Academy, Central University of Finance and Economics.
    11. Nilsen, Øivind Anti & Raknerud, Arvid, 2022. "Dynamics of First-Time Patenting Firms," IZA Discussion Papers 15529, Institute of Labor Economics (IZA).
    12. Barros, Henrique M., 2021. "Neither at the cutting edge nor in a patent-friendly environment: Appropriating the returns from innovation in a less developed economy," Research Policy, Elsevier, vol. 50(1).
    13. Yi Qian, 2010. "Are National Patent Laws the Blossoming Rain?," NBER Working Papers 16295, National Bureau of Economic Research, Inc.
    14. Benson, Christopher L. & Magee, Christopher L., 2014. "On improvement rates for renewable energy technologies: Solar PV, wind turbines, capacitors, and batteries," Renewable Energy, Elsevier, vol. 68(C), pages 745-751.

  80. Adam B. Jaffe & Josh Lerner, 1999. "Privatizing R&D: Patent Policy and the Commercialization of National Laboratory Technologies," NBER Working Papers 7064, National Bureau of Economic Research, Inc.

    Cited by:

    1. Keely,L.C., 2000. "Using patents in growth models," Working papers 30, Wisconsin Madison - Social Systems.
    2. Adam B. Jaffe, 1999. "The U.S. Patent System in Transition: Policy Innovation and the Innovation Process," NBER Working Papers 7280, National Bureau of Economic Research, Inc.
    3. Czarnitzki, Dirk & Rammer, Christian & Spielkamp, Alfred, 2000. "Interaktion zwischen Wissenschaft und Wirtschaft in Deutschland: Ergebnisse einer Umfrage bei Hochschulen und öffentlichen Forschungseinrichtungen," ZEW Dokumentationen 00-14, ZEW - Leibniz Centre for European Economic Research.
    4. Marc-Hubert Depret & Abdellilah Hamdouch, 2004. "La gouvernance des jeunes entreprises innovantes : un éclairage analytique à partir du cas des sociétés de biotechnologies," Post-Print halshs-00006702, HAL.
    5. Zhao, Long, 2022. "On the grant rate of Patent Cooperation Treaty applications: Theory and evidence," Economic Modelling, Elsevier, vol. 117(C).
    6. Peter Warda & Urban Gråsjö & Charlie Karlsson, 2012. "Spatial Knowledge Spillovers in Europe: A Meta-Analysis," ERSA conference papers ersa12p622, European Regional Science Association.
    7. Heidrun C. Hoppe & Emre Ozdenoren, 2002. "Intermediation in Innovation," CIG Working Papers FS IV 02-11, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    8. Wang, Heli & Chen, Wei-Ru, 2010. "Is firm-specific innovation associated with greater value appropriation? The roles of environmental dynamism and technological diversity," Research Policy, Elsevier, vol. 39(1), pages 141-154, February.
    9. Paul A. David, 2005. "Can ‘Open Science’ be Protected from the Evolving Regime of IPR Protections?," Industrial Organization 0502010, University Library of Munich, Germany.
    10. emmanuel HASSAN, 2002. "The public and private spheres of knowledge within the field of space communications," Industrial Organization 0204003, University Library of Munich, Germany.

  81. Paul A. Gompers & Josh Lerner, 1999. "What Drives Venture Capital Fundraising?," NBER Working Papers 6906, National Bureau of Economic Research, Inc.

    Cited by:

    1. Goldfarb, Brent & Kirsch, David & Miller, David A., 2007. "Was there too little entry during the Dot Com Era?," Journal of Financial Economics, Elsevier, vol. 86(1), pages 100-144, October.
    2. Robert Loos & Bernhard Schwetzler, 2017. "Fueling the buyout machine: fundraising in private equity," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 31(4), pages 397-443, November.
    3. Simon K. Medcalfe & Mark A. Thompson, 2017. "Further evidence on the geographical concentration of venture capital investments," Letters in Spatial and Resource Sciences, Springer, vol. 10(2), pages 229-235, July.
    4. Nielsen, Soren Bo & Keuschnigg, Christian, 2003. "Taxation and Venture Capital-Backed Entrepreneurship," CEPR Discussion Papers 4097, C.E.P.R. Discussion Papers.
    5. Christian Keuschnigg, 2003. "Optimal Public Policy For Venture Capital Backed Innovation," University of St. Gallen Department of Economics working paper series 2003 2003-09, Department of Economics, University of St. Gallen.
    6. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    7. Dirk Bergemann & Ulrich Hege & Liang Peng, 2008. "Venture Capital and Sequential Investments," Cowles Foundation Discussion Papers 1682, Cowles Foundation for Research in Economics, Yale University, revised Nov 2008.
    8. Garry A. Gabison, 2015. "Venture Capital Principles in the European ICT Ecosystem: How can they help ICT innovation?," JRC Research Reports JRC98783, Joint Research Centre.
    9. Ioannis Makedos, 2014. "Venture Capital Organization As A “Guarantee” For The Collaboration Between Smes And Universities Despite Economic Crisis," Romanian Economic Business Review, Romanian-American University, vol. 9(3), pages 10-26, September.
    10. Ramana Nanda & Matthew Rhodes-Kropf, 2011. "Investment Cycles and Startup Innovation," Harvard Business School Working Papers 12-032, Harvard Business School, revised Dec 2012.
    11. Roman Kraussl & Stefan Krause, 2013. "Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985-2009," LSF Research Working Paper Series 13-6, Luxembourg School of Finance, University of Luxembourg.
    12. Hege, Ulrich & Lovo, Stefano & Slovin, Myron B. & Sushka, Marie E., 2018. "Divisional buyouts by private equity and the market for divested assets," Journal of Corporate Finance, Elsevier, vol. 53(C), pages 21-37.
    13. Steven N. Kaplan & Antoinette Schoar, 2005. "Private Equity Performance: Returns, Persistence, and Capital Flows," Journal of Finance, American Finance Association, vol. 60(4), pages 1791-1823, August.
    14. Henrekson, Magnus & Rosenberg, Nathan, 2000. "Incentives for Academic Entrepreneurship and Economic Performance: Sweden and the United States," SSE/EFI Working Paper Series in Economics and Finance 362, Stockholm School of Economics.
    15. Keongtae Kim & Anandasivam Gopal & Gerard Hoberg, 2016. "Does Product Market Competition Drive CVC Investment? Evidence from the U.S. IT Industry," Information Systems Research, INFORMS, vol. 27(2), pages 259-281, June.
    16. Mayer, Colin & Yafeh, Yishay & Schoors, Koen, 2002. "Sources of Funds and Investment Activities of Venture Capital Funds: Evidence from Germany, Israel, Japan and the UK," CEPR Discussion Papers 3340, C.E.P.R. Discussion Papers.
    17. Jürgen Marchart & Thomas Url, 2008. "Hemmnisse für die Finanzierung von Frühphasen- oder Venture-Capital-Fonds in Österreich," WIFO Studies, WIFO, number 32579, February.
    18. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    19. Sofie De Prijcker & Sophie Manigart & Veroniek Collewaert & Tom Vanacker, 2019. "Relocation to Get Venture Capital: A Resource Dependence Perspective," Entrepreneurship Theory and Practice, , vol. 43(4), pages 697-724, July.
    20. Cao, Jerry & Liu, Qigui & Tian, Gary G., 2014. "Do venture capitalists play a monitoring role in an emerging market? Evidence from the pay–performance relationship of Chinese entrepreneurial firms," Pacific-Basin Finance Journal, Elsevier, vol. 29(C), pages 121-145.
    21. Henry Lahr & Andrea Mina, 2014. "Liquidity, Technological Opportunities, and the Stage Distribution of Venture Capital Investments," Financial Management, Financial Management Association International, vol. 43(2), pages 291-325, June.
    22. Achleitner, A.-K. & Bock, Carolin & Watzinger, M., 2012. "The Capital Gains Tax: A Curse but also a Blessing for Venture Capital Investment," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 77324, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    23. Dimo Dimov & Pablo Martin de Holan & Hana Milanov, 2012. "Learning patterns in venture capital investing in new industries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 21(6), pages 1389-1426, December.
    24. Diana Marina Del COlle, & Paolo Finaldi Russo & Andrea Generale, 2006. "The Causes and Consequences of Venture Capital Financing. An Analysis based on a Sample of Italian Firms," Temi di discussione (Economic working papers) 584, Bank of Italy, Economic Research and International Relations Area.
    25. Christian Keuschnigg, 2003. "Public Policy and Venture Capital Backed Innovation," CESifo Working Paper Series 1066, CESifo.
    26. Florysiak, David & Schandlbauer, Alexander, 2022. "Experts or charlatans? ICO analysts and white paper informativeness," Journal of Banking & Finance, Elsevier, vol. 139(C).
    27. Dominic, James & Gopalaswamy, Arun Kumar, 2019. "Is the venture capital market liquid? Evidence from India," Global Finance Journal, Elsevier, vol. 41(C), pages 146-157.
    28. Francesco Castellaneta & Oliver Gottschalg, 2016. "Does ownership matter in private equity? The sources of variance in buyouts' performance," Strategic Management Journal, Wiley Blackwell, vol. 37(2), pages 330-348, February.
    29. Henrekson, Magnus & Sanandaji, Tino, 2016. "Owner-Level Taxes and Business Activity," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 12(1), pages 1-94, March.
    30. Yixi Ning & Wei Wang & Bo Yu, 2015. "The driving forces of venture capital investments," Small Business Economics, Springer, vol. 44(2), pages 315-344, February.
    31. Nanda, Ramana & Samila, Sampsa & Sorenson, Olav, 2020. "The persistent effect of initial success: Evidence from venture capital," Journal of Financial Economics, Elsevier, vol. 137(1), pages 231-248.
    32. Fadel Jaoui & Omolola Amoussou & Francis H. Kemeze, 2022. "Working Paper 364 - ‘Catch Me if You Can’ On Drivers of Venture Capital Investment in Africa," Working Paper Series 2490, African Development Bank.
    33. Ralf Becker & Thomas Hellmann, 2003. "The Genesis of Venture Capital - Lessons from the German Experience," CESifo Working Paper Series 883, CESifo.
    34. Stenkula, Mikael, 2009. "Taxation and Entrepreneurship in a Welfare State," Working Paper Series 800, Research Institute of Industrial Economics.
    35. Das, Sanjiv R. & Jo, Hoje & Kim, Yongtae, 2011. "Polishing diamonds in the rough: The sources of syndicated venture performance," Journal of Financial Intermediation, Elsevier, vol. 20(2), pages 199-230, April.
    36. Barber, Brad M. & Yasuda, Ayako, 2017. "Interim fund performance and fundraising in private equity," Journal of Financial Economics, Elsevier, vol. 124(1), pages 172-194.
    37. Mohammad Mustafa & Syed Shahid Mazhar, 2020. "Determinants of Venture Capital Investment in India: A Time Series Analysis," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 12(1), pages 19-30, June.
    38. Lee, Yun-Chi, 2020. "Does staying private longer affect innovation of VC-backed IPOs and outcomes of VC investments?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 66(C).
    39. Kaplan, Steven N. & Strömberg, Per, 2008. "Leveraged Buyouts and Private Equity," Working Papers 228, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    40. Christian Keuschnigg & Soren Bo Nielsen, 2003. "Taxes and Venture Capital Support," Review of Finance, Springer, vol. 7(3), pages 515-539.
    41. Achleitner, Ann-Kristin & Braun, Reiner & Bender, Marko & Geidner, Annabell, 2008. "Community development venture capital: concept and status quo in Germany," CEFS Working Paper Series 2008-03, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
    42. Wang, Qing (Sophie) & Lai, Shaojie & Anderson, Hamish D., 2021. "VC fund preferences and exits of individual investors," Pacific-Basin Finance Journal, Elsevier, vol. 67(C).
    43. Tatiana Malinina, 2010. "Recognition and Measurement of Tax Expenditures: International Experience and Russian Practice," Research Paper Series, Gaidar Institute for Economic Policy, issue 146P.
    44. Francesco Bogliacino & Matteo Lucchese, 2011. "Access to finance for innovation: the role of venture capital and the stock market," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2011(4), pages 165-183.
    45. Gael Imad'Eddine & Armin Schwienbacher, 2013. "International Capital Flows into the European Private Equity Market," European Financial Management, European Financial Management Association, vol. 19(2), pages 366-398, March.
    46. Humphery-Jenner, M., 2011. "Diversification in Private Equity Funds : On Knowledge-sharing, Risk-aversion and Limited-attention," Discussion Paper 2011-046, Tilburg University, Center for Economic Research.
    47. April Knill, 2009. "Should Venture Capitalists Put All Their Eggs in One Basket? Diversification versus Pure‐Play Strategies in Venture Capital," Financial Management, Financial Management Association International, vol. 38(3), pages 441-486, September.
    48. José A Belso Martínez, 2009. "Entrepreneurship Policies and New Business Performance and Growth: An Empirical Analysis Based on Manufacturing Industries," Environment and Planning C, , vol. 27(2), pages 195-215, April.
    49. Pavlova, Elitsa & Gvetadze, Salome, 2023. "Female access to finance: A survey of literature," EIF Working Paper Series 2022/87, European Investment Fund (EIF).
    50. Bronwyn Hall, 2004. "The financing of research and development," Chapters, in: Anthony Bartzokas & Sunil Mani (ed.), Financial Systems, Corporate Investment in Innovation, and Venture Capital, chapter 2, Edward Elgar Publishing.
    51. Lahr, Henry & Trombley, Timothy E., 2020. "Early indicators of fundraising success by venture capital firms," Journal of Corporate Finance, Elsevier, vol. 65(C).
    52. Ueda, Masako & Hirukawa, Masayuki, 2008. "Venture Capital and Innovation: Which is First?," CEPR Discussion Papers 7090, C.E.P.R. Discussion Papers.
    53. Pennacchio, Luca, 2013. "The causal effect of venture capital backing on the underpricing of Italian IPOs," MPRA Paper 48695, University Library of Munich, Germany.
    54. Gale, William & Brown, Samuel, 2013. "Small Business, Innovation, and Tax Policy: A Review," MPRA Paper 57384, University Library of Munich, Germany.
    55. Denis, David J., 2004. "Entrepreneurial finance: an overview of the issues and evidence," Journal of Corporate Finance, Elsevier, vol. 10(2), pages 301-326, March.
    56. Pierre Giot & Armin Schwienbacher, 2003. "IPOs, Trade Sales and Liquidations: Modelling Venture Capital Exits Using Survival Analysis," Finance 0312006, University Library of Munich, Germany.
    57. Martin D. Dietz, 2004. "Dividend and Capital Gains Taxation in a Cross-Section of Firms," Public Economics 0405004, University Library of Munich, Germany.
    58. Roberto Pinheiro, 2018. "Venture capital and underpricing: capacity constraints and early sales," Annals of Finance, Springer, vol. 14(1), pages 1-47, February.
    59. Fabio Bertoni & Tereza Tykvova, 2015. "Does governmental venture capital spur invention and innovation? Evidence from young European biotech companies," Post-Print hal-02313268, HAL.
    60. Schertler, Andrea & Tykvová, Tereza, 2011. "Venture capital and internationalization," International Business Review, Elsevier, vol. 20(4), pages 423-439, August.
    61. Douglas Cumming & Na Dai, 2009. "Capital Flows and Hedge Fund Regulation," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 6(4), pages 848-873, December.
    62. Maryann P. Feldman & Johanna L. Francis, 2004. "Homegrown Solutions: Fostering Cluster Formation," Economic Development Quarterly, , vol. 18(2), pages 127-137, May.
    63. Marco Da Rin & Giovanna Nicodano & Alessandro Sembenelli, 2004. "Public Policy and the Creation of Active Venture Capital Markets," Working Papers 270, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    64. Joshua S. Gans & Scott Stern, 2000. "When Does Funding Research by Smaller Firms Bear Fruit?: Evidence from the SBIR Program," NBER Working Papers 7877, National Bureau of Economic Research, Inc.
    65. Da Rin, M. & Phalippou, L., 2014. "There is Something Special About Large Investors : Evidence From a Survey of Private Equity Limited Partners," Discussion Paper 2014-010, Tilburg University, Tilburg Law and Economic Center.
    66. Fabrizi, Simona & Lippert, Steffen & Norbäck, Pehr-Johan & Persson, Lars, 2008. "Venture Capitalists, Asymmetric Information, and Ownership in the Innovation Process," Working Paper Series 776, Research Institute of Industrial Economics.
    67. Lee, Peggy M. & Wahal, Sunil, 2004. "Grandstanding, certification and the underpricing of venture capital backed IPOs," Journal of Financial Economics, Elsevier, vol. 73(2), pages 375-407, August.
    68. Gompers, Paul & Lerner, Josh, 2000. "Money chasing deals? The impact of fund inflows on private equity valuation," Journal of Financial Economics, Elsevier, vol. 55(2), pages 281-325, February.
    69. Da Rin, Marco, 2016. "Financing Growth through Venture Capital in Asia and the Pacific," Other publications TiSEM 9fb91a28-6b54-41ce-a01d-9, Tilburg University, School of Economics and Management.
    70. Avnimelech, Gil & Kenney, Martin & Teubal, Morris, 2004. "Building Venture Capital Industries: Understanding the U.S. and Israeli Experiences," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt9035c3vt, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
    71. Francesca Cornelli & Zbigniew Kominek & Alexander Ljungqvist, 2010. "Monitoring Managers: Does it Matter?," Working Papers 2010.30, Fondazione Eni Enrico Mattei.
    72. Hyytinen, Ari & Pajarinen, Mika, 2001. "Financial Systems and Venture Capital in Nordic Countries: A comparative Study," Discussion Papers 774, The Research Institute of the Finnish Economy.
    73. Mina Baliamoune-Lutz & Pierre Garello, 2011. "Tax Structure and Entrepreneurship," CAE Working Papers 94, Aix-Marseille Université, CERGAM.
    74. José Martí Pellón & Marina Balboa, 2001. "Determinants Of Private Equity Fundraising In Western Europe," Working Papers. Serie AD 2001-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    75. Henrekson, Magnus & Stenkula, Mikael, 2009. "Entrepreneurship and Public Policy," Working Paper Series 804, Research Institute of Industrial Economics.
    76. Cong, Lin William & Lee, Charles M.C. & Qu, Yuanyu & Tao, Shen, 2020. "Financing Entrepreneurship and Innovation in China," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 16(1), pages 1-64, January.
    77. Federico Munari & Martina Pasquini & Laura Toschi, 2015. "From the lab to the stock market? The characteristics and impact of university-oriented seed funds in Europe," The Journal of Technology Transfer, Springer, vol. 40(6), pages 948-975, December.
    78. John Armour & Douglas Cumming, 2008. "Bankruptcy Law and Entrepreneurship," American Law and Economics Review, American Law and Economics Association, vol. 10(2), pages 303-350.
    79. Mohammad Mustafa & Syed Shahid Mazhar, 2021. "Commitment to capital raising for venture capital funds in India: An Application of ARDL Model," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 13(2), pages 121-133, December.
    80. Da Rin, Marco & Phalippou, Ludovic, 2017. "The importance of size in private equity: Evidence from a survey of limited partners," Journal of Financial Intermediation, Elsevier, vol. 31(C), pages 64-76.
    81. Norbert Berthold & Rainer Fehn, 2003. "Unemployment in Germany: Reasons and Remedies," CESifo Working Paper Series 871, CESifo.
    82. Balboa, Marina & Marti, Jose, 2007. "Factors that determine the reputation of private equity managers in developing markets," Journal of Business Venturing, Elsevier, vol. 22(4), pages 453-480, July.
    83. Josh Lerner & Joacim Tåg, 2013. "Institutions and venture capital," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(1), pages 153-182, February.
    84. Rudra P. Pradhan & Mak B. Arvin & Mahendhiran Nair & Sara E. Bennett, 2020. "Sustainable economic growth in the European Union: The role of ICT, venture capital, and innovation," Review of Financial Economics, John Wiley & Sons, vol. 38(1), pages 34-62, January.
    85. Herrera-Echeverri Hernán & Salazar-Duque Juan Guillermo & Haar Jerry, 2017. "Private Equity and Devaluation in Emerging Countries," Global Economy Journal, De Gruyter, vol. 17(1), pages 1-26, March.
    86. Guerini, Massimiliano & Quas, Anita, 2016. "Governmental venture capital in Europe: Screening and certification," Journal of Business Venturing, Elsevier, vol. 31(2), pages 175-195.
    87. Kuckertz, Andreas & Kollmann, Tobias & Röhm, Patrick & Middelberg, Nils, 2015. "The interplay of track record and trustworthiness in venture capital fundraising," Journal of Business Venturing Insights, Elsevier, vol. 4(C), pages 6-13.
    88. Douglas Cumming & Sofia Johan, 2006. "Is it the Law or the Lawyers? Investment Covenants around the World," European Financial Management, European Financial Management Association, vol. 12(4), pages 535-574, September.
    89. Aldatmaz,Serdar & Brown,Greg W. & Demirguc-Kunt,Asli, 2020. "Determinants of International Buyout Investments," Policy Research Working Paper Series 9191, The World Bank.
    90. Bascha, Andreas & Walz, Uwe, 2001. "Convertible securities and optimal exit decisions in venture capital finance," Journal of Corporate Finance, Elsevier, vol. 7(3), pages 285-306, September.
    91. María Andrea Trujillo Dávila & Alexander Guzmán Vásquez, 2008. "Venture capital: una mirada al constructo teórico, su rol en los nuevos emprendimientos y agenda de investigación futura," Revista Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, June.
    92. Christian Keuschnigg & Soren Bo Nielsen, 2003. "Public Taxation and Venture Capital Backed Entrepreneurship," University of St. Gallen Department of Economics working paper series 2003 2003-17, Department of Economics, University of St. Gallen.
    93. Aurélie Sannajust & Alexander Peter Groh, 2020. "There's no need to be a pioneer in emerging private equity markets," Post-Print hal-03511382, HAL.
    94. John Armour & Douglas Cumming, 2004. "The Legal Road To Replicating Silicon Valley," Working Papers wp281, Centre for Business Research, University of Cambridge.
    95. Baker, Malcolm & Gompers, Paul A, 2003. "The Determinants of Board Structure at the Initial Public Offering," Journal of Law and Economics, University of Chicago Press, vol. 46(2), pages 569-598, October.
    96. Peter Jelfs & Helen Lawton Smith, 2021. "Financial performance studies of university spin-off companies (USOs) in the West Midlands," The Journal of Technology Transfer, Springer, vol. 46(6), pages 1949-1972, December.
    97. Kraemer-Eis, Helmut & Botsari, Antonia & Gvetadze, Salome & Lang, Frank & Torfs, Wouter, 2020. "European Small Business Finance Outlook 2020: The impact of COVID-19 on SME financing markets," EIF Working Paper Series 2020/67, European Investment Fund (EIF).
    98. Paul Gompers & Anna Kovner & Josh Lerner & David Scharfstein, 2005. "Venture Capital Investment Cycles: The Impact of Public Markets," NBER Working Papers 11385, National Bureau of Economic Research, Inc.
    99. Annalisa Croce & Diego D’Adda & Elisa Ughetto, 2015. "Venture capital financing and the financial distress risk of portfolio firms: How independent and bank-affiliated investors differ," Small Business Economics, Springer, vol. 44(1), pages 189-206, January.
    100. Suarez, Javier & Michelacci, Claudio, 2002. "Business Creation and the Stock Market," CEPR Discussion Papers 3513, C.E.P.R. Discussion Papers.
    101. Gordon, Roger & Sarada,, 2018. "How should taxes be designed to encourage entrepreneurship?," Journal of Public Economics, Elsevier, vol. 166(C), pages 1-11.
    102. Keuschnigg, Christian & Nielsen, Soren Bo, 2004. "Start-ups, venture capitalists, and the capital gains tax," Journal of Public Economics, Elsevier, vol. 88(5), pages 1011-1042, April.
    103. Malen, Joel & Marcus, Alfred A., 2017. "Promoting clean energy technology entrepreneurship: The role of external context," Energy Policy, Elsevier, vol. 102(C), pages 7-15.
    104. Cumming, Douglas & Helge Haß, Lars & Schweizer, Denis, 2013. "Private equity benchmarks and portfolio optimization," Journal of Banking & Finance, Elsevier, vol. 37(9), pages 3515-3528.
    105. Guy Ben-Ari & Nicholas S Vonortas, 2007. "Risk financing for knowledge-based enterprises: Mechanisms and policy options," Science and Public Policy, Oxford University Press, vol. 34(7), pages 475-488, August.
    106. Humphery-Jenner, M., 2011. "Diversification in Private Equity Funds : On Knowledge-sharing, Risk-aversion and Limited-attention," Other publications TiSEM 3e22d8a9-6846-484f-a09e-7, Tilburg University, School of Economics and Management.
    107. Paul Gompers & Josh Lerner, 2001. "The Venture Capital Revolution," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 145-168, Spring.
    108. Fabienne Orsi & Jean-Paul Moatti, 2001. "D'un droit de propriété intellectuelle sur le vivant aux firmes de génomique : vers une marchandisation de la connaissance scientifique sur le génome humain," Économie et Prévision, Programme National Persée, vol. 150(4), pages 123-138.
    109. van Pottelsberghe de la Potterie, Bruno & Romain, Astrid, 2004. "The Determinants of Venture Capital: Additional Evidence," Discussion Paper Series 1: Economic Studies 2004,19, Deutsche Bundesbank.
    110. Mark V. Cannice & Jonathan P. Allen & Manuel Tarrazo, 2016. "What do venture capitalists think of venture capital research?," Venture Capital, Taylor & Francis Journals, vol. 18(1), pages 1-20, January.
    111. Heneric, Oliver & Engel, Dirk & Champenois, Claire, 2004. "The Birth of German Biotechnology Industry - Did Venture Capital run the show?," RWI Discussion Papers 16, RWI - Leibniz-Institut für Wirtschaftsforschung.
    112. Rama, Ali & Jiang, Chunxia & Johan, Sofia & Liu, Hong & Mai, Yong, 2022. "Religious and social narratives and crowdfunding success," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 80(C).
    113. Henrekson, Magnus & Rosenberg, Nathan, 2001. "Designing Efficient Institutions for Science-Based Entrepreneurship: Lessons from the US and Sweden," The Journal of Technology Transfer, Springer, vol. 26(3), pages 207-231, June.
    114. Nawab Khan & Haitao Qu & Jing Qu & ChunMiao Wei & Shihao Wang, 2021. "Does Venture Capital Investment Spur Innovation? A Cross-Countries Analysis," SAGE Open, , vol. 11(1), pages 21582440211, March.
    115. Ahmed I. Kato & Chiloane-Phetla E. Germinah, 2022. "Empirical examination of relationship between venture capital financing and profitability of portfolio companies in Uganda," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-18, December.
    116. Cristiano Antonelli & Morris Teubal, 2007. "Venture Capitalism as a Mechanism for Knowledge Governance: the Emergence of the Markets for Knowledge Intensive Property Rights," ICER Working Papers 12-2007, ICER - International Centre for Economic Research.
    117. Croce, Annalisa & Martí, José & Murtinu, Samuele, 2013. "The impact of venture capital on the productivity growth of European entrepreneurial firms: ‘Screening’ or ‘value added’ effect?," Journal of Business Venturing, Elsevier, vol. 28(4), pages 489-510.
    118. Schertler, Andrea & Tykvová, Tereza, 2010. "What lures cross-border venture capital inflows?," ZEW Discussion Papers 10-001, ZEW - Leibniz Centre for European Economic Research.
    119. Craig M Parker & Janice Redmond & Mike Simpson, 2009. "A Review of Interventions to Encourage SMEs to Make Environmental Improvements," Environment and Planning C, , vol. 27(2), pages 279-301, April.
    120. Steven N. Kaplan & Per Strömberg, 2008. "Leveraged Buyouts and Private Equity," NBER Working Papers 14207, National Bureau of Economic Research, Inc.
    121. Sannajust, Aurélie & Groh, Alexander Peter, 2020. "There's no need to be a pioneer in emerging private equity markets," Journal of Corporate Finance, Elsevier, vol. 65(C).
    122. Ueda, Masako & Hirukawa, Masayuki, 2008. "Venture Capital and Industrial ''Innovation''," CEPR Discussion Papers 7089, C.E.P.R. Discussion Papers.
    123. Christian Keuschnigg, 2008. "Tax Policy for Venture Capital Backed Entrepreneurship," University of St. Gallen Department of Economics working paper series 2008 2008-07, Department of Economics, University of St. Gallen.
    124. James A. Brander & Edward Egan & Thomas F. Hellmann, 2008. "Government Sponsored versus Private Venture Capital: Canadian Evidence," NBER Working Papers 14029, National Bureau of Economic Research, Inc.
    125. Jia, Ning & Wang, Dan, 2017. "Skin in the game: General partner capital commitment, investment behavior and venture capital fund performance," Journal of Corporate Finance, Elsevier, vol. 47(C), pages 110-130.
    126. Cumming, Douglas J. & MacIntosh, Jeffrey G., 2003. "A cross-country comparison of full and partial venture capital exits," Journal of Banking & Finance, Elsevier, vol. 27(3), pages 511-548, March.
    127. Colla, Paolo & Hellowell, Mark & Vecchi, Veronica & Gatti, Stefano, 2015. "Determinants of the cost of capital for privately financed hospital projects in the UK," Health Policy, Elsevier, vol. 119(11), pages 1442-1449.
    128. Berthold, Norbert & Fehn, Rainer, 2002. "Struktureller Wandel, new economy und Beschäftigungsentwicklung: welche Rolle spielen die institutionellen Rahmenbedingungen auf dem Kapitalmarkt?," Discussion Paper Series 53, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    129. Rudra P. Pradhan & Mak B. Arvin & Mahendhiran Nair & Sara E. Bennett, 2017. "Venture capital investment, financial development, and economic growth: the case of European single market countries," Venture Capital, Taylor & Francis Journals, vol. 19(4), pages 313-333, October.
    130. Monica C. Higgins & Ranjay Gulati, 2003. "Getting Off to a Good Start: The Effects of Upper Echelon Affiliations on Underwriter Prestige," Organization Science, INFORMS, vol. 14(3), pages 244-263, June.
    131. Cumming, Douglas J. & MacIntosh, Jeffrey G., 2001. "Venture capital investment duration in Canada and the United States," Journal of Multinational Financial Management, Elsevier, vol. 11(4-5), pages 445-463, December.
    132. Stefano Caselli & Stefano Gatti & Francesco Perrini, 2009. "Are Venture Capitalists a Catalyst for Innovation?," European Financial Management, European Financial Management Association, vol. 15(1), pages 92-111, January.
    133. Clemens Fuest & Bernd Huber & Philipp Tillessen, 2003. "Tax Policy and Entrepreneurship in the Presence of Asymmetric Information in Capital Markets," CESifo Working Paper Series 872, CESifo.
    134. Jennifer M. Walske & Andrew Zacharakis, 2009. "Genetically Engineered: Why Some Venture Capital Firms are more Successful than Others," Entrepreneurship Theory and Practice, , vol. 33(1), pages 297-318, January.
    135. Ko, Eun-Jeong & McKelvie, Alexander, 2018. "Signaling for more money: The roles of founders' human capital and investor prominence in resource acquisition across different stages of firm development," Journal of Business Venturing, Elsevier, vol. 33(4), pages 438-454.
    136. Azzi, Sarah & Suchard, Jo-Ann, 2019. "Crouching tigers, hidden dragons: Private equity fund selection in China," Pacific-Basin Finance Journal, Elsevier, vol. 53(C), pages 236-253.
    137. Fadel Jaoui & Omolola Amoussou & Francis H. Kemeze, 2022. "“Catch me if you can” on drivers of venture capital investment in Africa," African Development Review, African Development Bank, vol. 34(S1), pages 117-140, July.
    138. MIYAKAWA Daisuke & TAKIZAWA Miho, 2015. "Capital Supply Channel through Venture Capitals: Evidence from matched data," Discussion papers 15141, Research Institute of Economy, Trade and Industry (RIETI).
    139. Ali-Yrkkö, Jyrki & Pajarinen, Mika & Ylhäinen, Ilkka, 2019. "Business Angel Investment, Public Innovation Funding and Firm Growth," ETLA Reports 97, The Research Institute of the Finnish Economy.
    140. Hsu, Hung-Chia Scott, 2013. "Technology timing of IPOs and venture capital incubation," Journal of Corporate Finance, Elsevier, vol. 19(C), pages 36-55.
    141. Douglas Cumming & Sofia Johan, 2010. "Phasing Out an Inefficient Venture Capital Tax Credit," Journal of Industry, Competition and Trade, Springer, vol. 10(3), pages 227-252, September.
    142. Andrea Schertler, 2007. "Knowledge Capital and Venture Capital Investments: New Evidence from European Panel Data," German Economic Review, Verein für Socialpolitik, vol. 8(1), pages 64-88, February.
    143. Mayer, Colin & Schoors, Koen & Yafeh, Yishay, 2005. "Sources of funds and investment activities of venture capital funds: evidence from Germany, Israel, Japan and the United Kingdom," Journal of Corporate Finance, Elsevier, vol. 11(3), pages 586-608, June.
    144. Suting Hong & Konstantinos Serfes & Veikko Thiele, 2020. "Competition in the venture capital market and the success of startup companies: Theory and evidence," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 741-791, October.
    145. Azhgaliyeva, Dina & Beirne, John & Mishra, Ranjeeta, 2021. "What Matters for Private Investment Financing in Renewable Energy Globally and in Asia?," ADBI Working Papers 1246, Asian Development Bank Institute.
    146. Steven Kaplan & Antoinette Schoar, 2003. "Private Equity Performance: Returns, Persistence and Capital," NBER Working Papers 9807, National Bureau of Economic Research, Inc.
    147. Elisabeth S.C. Berger & Andreas Köhn, 2020. "Exploring the differences in early-stage start-up valuation across countries: an institutional perspective," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 327-344, March.
    148. Dimov, Dimo & Milanov, Hana, 2010. "The interplay of need and opportunity in venture capital investment syndication," Journal of Business Venturing, Elsevier, vol. 25(4), pages 331-348, July.
    149. Mihai Precup, 2019. "Challenges to Scaling Sustainable Private Equity Markets in Emerging Europe," Sustainability, MDPI, vol. 11(15), pages 1-16, July.
    150. Josh Lerner & Antoinette Schoar & Wan Wongsunwai, 2007. "Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle," Journal of Finance, American Finance Association, vol. 62(2), pages 731-764, April.
    151. Roman Kraussl & Stefan Krause, 2013. "Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985-2009," DEM Discussion Paper Series 13-6, Department of Economics at the University of Luxembourg.
    152. Kollmann, Tobias & Kuckertz, Andreas & Middelberg, Nils, 2014. "Trust and controllability in venture capital fundraising," Journal of Business Research, Elsevier, vol. 67(11), pages 2411-2418.
    153. Lora Dimitrova & Sapnoti K Eswar, 2023. "Capital Gains Tax, Venture Capital, and Innovation in Start-Ups," Review of Finance, European Finance Association, vol. 27(4), pages 1471-1519.
    154. Wang, Lanfang & Wang, Susheng, 2021. "Unusual investor behavior under tacit and endogenous market signals," International Review of Economics & Finance, Elsevier, vol. 73(C), pages 76-97.
    155. Antonella Magliocco & Giacomo Ricotti, 2013. "The new framework for the taxation of venture capital in Italy," Questioni di Economia e Finanza (Occasional Papers) 167, Bank of Italy, Economic Research and International Relations Area.
    156. Nguyen, Giang & Vo, Vinh, 2021. "Asset liquidity and venture capital investment," Journal of Corporate Finance, Elsevier, vol. 69(C).
    157. Herrera-Echeverri Hernán & Haar Jerry & Estevez-Bretón Juan Benavides, 2014. "Foreign Investment, Institutional Quality, Public Expenditure, and Activity of Venture Capital Funds in Emerging Market Countries," Global Economy Journal, De Gruyter, vol. 14(2), pages 1-36, April.
    158. Ann‐Kristin Achleitner & Nico Engel & Uwe Reiner, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, John Wiley & Sons, vol. 22(1), pages 20-35, January.
    159. Katila, Riitta & Mang, Paul Y., 2003. "Exploiting technological opportunities: the timing of collaborations," Research Policy, Elsevier, vol. 32(2), pages 317-332, February.
    160. Olabanji Oni, 2017. "Determinants of Venture Capital Supply in Sub-Saharan Africa," Journal of Economics and Behavioral Studies, AMH International, vol. 9(4), pages 87-97.
    161. Geronikolaou, George & Papachristou, George, 2016. "Investor competition and project risk in Venture Capital investments," Economics Letters, Elsevier, vol. 141(C), pages 67-69.
    162. Cumming, Douglas & Fleming, Grant & Suchard, Jo-Ann, 2005. "Venture capitalist value-added activities, fundraising and drawdowns," Journal of Banking & Finance, Elsevier, vol. 29(2), pages 295-331, February.
    163. Min Maung & Zhenyang Tang & Xiaowei Xu, 2020. "Religion and venture investing: A cross‐country analysis," The Financial Review, Eastern Finance Association, vol. 55(3), pages 433-460, August.
    164. Roland Füss & Denis Schweizer, 2012. "Short and long-term interactions between venture capital returns and the macroeconomy: evidence for the United States," Review of Quantitative Finance and Accounting, Springer, vol. 38(3), pages 391-410, April.
    165. Bergner, Sören Martin & Bräutigam, Rainer & Evers, Maria Theresia & Spengel, Christoph, 2017. "The use of SME tax incentives in the European Union," ZEW Discussion Papers 17-006, ZEW - Leibniz Centre for European Economic Research.
    166. Johannes Wallmeroth & Peter Wirtz & Alexander Peter Groh, 2017. "Institutional Seed Financing, Angel Financing, and Crowdfunding of Entrepreneurial Ventures: A Literature Review," Working Papers hal-01527999, HAL.
    167. Barinova, Vera & Eremkin, Vladimir & Lanshina, Tatiana, 2015. "Overcoming the Discrete Nature of Innovation Financing in the Early Stages of Russia," Published Papers 431504, Russian Presidential Academy of National Economy and Public Administration.
    168. Dai, Na & Jo, Hoje & Kassicieh, Sul, 2012. "Cross-border venture capital investments in Asia: Selection and exit performance," Journal of Business Venturing, Elsevier, vol. 27(6), pages 666-684.
    169. Josh Lerner, 2002. "When Bureaucrats Meet Entrepreneurs: The Design of Effective "Public Venture Capital" Programmes," Economic Journal, Royal Economic Society, vol. 112(477), pages 73-84, February.
    170. Hoppmann, Joern & Vermeer, Ben, 2020. "The double impact of institutions: Institutional spillovers and entrepreneurial activity in the solar photovoltaic industry," Journal of Business Venturing, Elsevier, vol. 35(3).
    171. Kim, Jerry W. & Higgins, Monica C., 2007. "Where do alliances come from?: The effects of upper echelons on alliance formation," Research Policy, Elsevier, vol. 36(4), pages 499-514, May.
    172. Nigam, Nirjhar & Benetti, Cristiane & Johan, Sofia A., 2020. "Digital start-up access to venture capital financing: What signals quality?," Emerging Markets Review, Elsevier, vol. 45(C).
    173. Groh, Alexander Peter & Wallmeroth, Johannes, 2016. "Determinants of venture capital investments in emerging markets," Emerging Markets Review, Elsevier, vol. 29(C), pages 104-132.
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    1. Henderson, James & Leleux, Benoit & White, Ian, 2006. "Service-for-equity arrangements: Untangling motives and conflicts," Journal of Business Venturing, Elsevier, vol. 21(6), pages 886-909, November.
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    3. Manfred Dix & Néstor Gandelman, 2007. "R&D Institutional Arrangements: Start‐Up Ventures Versus Internal Lab," Manchester School, University of Manchester, vol. 75(2), pages 218-236, March.
    4. Albert Banal-Estañol & Inés Macho-Stadler & Jonás Nieto-Postigo & David Pérez-Castrillo, 2019. "Early Individual Stakeholders, First Venture Capital Investment, and Exit in the UK Startup Ecosystem," Working Papers 1127, Barcelona School of Economics.
    5. Atal, Vidya & Bar, Talia & Gordon, Sidartha, 2016. "Project selection: Commitment and competition," Games and Economic Behavior, Elsevier, vol. 96(C), pages 30-48.
    6. Bhattacharya, Sudipto & Guriev, Sergei, 2008. "Control Rights over Intellectual Property: Corporate Venturing and Bankruptcy Regimes," CEPR Discussion Papers 6927, C.E.P.R. Discussion Papers.
    7. Asif Siddiqui & Dora Marinova & Amzad Hossain, 2016. "Venture Capital Firms’ Specialization, Differences and Complementarities," International Journal of Business and Management, Canadian Center of Science and Education, vol. 11(7), pages 1-83, June.
    8. Sun, Yue & Uchida, Konari & Matsumoto, Mamoru, 2013. "The dark side of independent venture capitalists: Evidence from Japan," Pacific-Basin Finance Journal, Elsevier, vol. 24(C), pages 279-300.
    9. Andrea Bellucci & Alexander Borisov & Gianluca Gucciardi & Alberto Zazzaro, 2020. "The Reallocation Effects of COVID-19: Evidence from Venture Capital Investments around the World," Mo.Fi.R. Working Papers 167, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
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    11. Bing Guo & Yun Lou & David Pérez-Castrillo, 2012. "Investment, Duration, and Exit Strategies for Corporate and Independent Venture Capital-backed Start-ups," Working Papers 602, Barcelona School of Economics.
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    90. Zur Shapira & Gary Dushnitsky, 2011. "Entrepreneurial Finance Meets Organizational Reality: Comparing Investment Practices And Performance Of Corporate And Independent Venture Capitalists," Discussion Paper Series dp589, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    91. Lee, Simon U. & Park, Gunno & Kang, Jina, 2018. "The double-edged effects of the corporate venture capital unit's structural autonomy on corporate investors' explorative and exploitative innovation," Journal of Business Research, Elsevier, vol. 88(C), pages 141-149.
    92. Tykvova, Tereza & Walz, Uwe, 2007. "How important is participation of different venture capitalists in German IPOs?," Global Finance Journal, Elsevier, vol. 17(3), pages 350-378, March.
    93. Shivaram V. Devarakonda & Jeffrey J. Reuer, 2019. "Safeguarding from the Sharks: Board Representation in Minority Equity Partnerships," Organization Science, INFORMS, vol. 30(5), pages 981-999, September.
    94. Li, Yong & Vertinsky, Ilan B. & Li, Jing, 2014. "National distances, international experience, and venture capital investment performance," Journal of Business Venturing, Elsevier, vol. 29(4), pages 471-489.
    95. Patrick Röhm & Andreas Köhn & Andreas Kuckertz & Hermann S. Dehnen, 2018. "A world of difference? The impact of corporate venture capitalists’ investment motivation on startup valuation," Journal of Business Economics, Springer, vol. 88(3), pages 531-557, May.
    96. Ekinci, Emre, 2022. "Employee entrepreneurship and signaling role of corporate venturing decisions," Labour Economics, Elsevier, vol. 79(C).
    97. Bengt Holmstrom & Steven N. Kaplan, 2001. "Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s," NBER Working Papers 8220, National Bureau of Economic Research, Inc.

  83. Paul Gompers & Josh Lerner, 1998. "Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital," NBER Working Papers 6847, National Bureau of Economic Research, Inc.

    Cited by:

    1. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    2. Steven D. Dolvin & Donald J. Mullineaux & Mark K. Pyles, 2006. "The impact of bank venture capital on initial public offerings," Venture Capital, Taylor & Francis Journals, vol. 9(2), pages 145-164, December.
    3. Stephen Brown & William Goetzmann & Bing Liang & Christopher Schwarz, 2006. "Mandatory Disclosure and Operational Risk: Evidence from Hedge Fund Registration," Yale School of Management Working Papers amz2472, Yale School of Management, revised 11 Sep 2009.
    4. Chahine, Salim & Filatotchev, Igor, 2008. "The effects of venture capitalist affiliation to underwriters on short- and long-term performance in French IPOs," Global Finance Journal, Elsevier, vol. 18(3), pages 351-372.
    5. Cyree, Ken B., 2000. "The erosion of the Glass-Steagall Act:: Winners and losers in the banking industry," Journal of Economics and Business, Elsevier, vol. 52(4), pages 343-363.
    6. Hamao, Yasushi & Packer, Frank & Ritter, Jay R., 2000. "Institutional affiliation and the role of venture capital: Evidence from initial public offerings in Japan," Pacific-Basin Finance Journal, Elsevier, vol. 8(5), pages 529-558, October.
    7. da Silva Rosa, Ray & Velayuthen, Gerard & Walter, Terry, 2003. "The sharemarket performance of Australian venture capital-backed and non-venture capital-backed IPOs," Pacific-Basin Finance Journal, Elsevier, vol. 11(2), pages 197-218, April.
    8. Woei-Chyuan Wong & Seow-Eng Ong & Joseph Ooi, 2013. "Sponsor Backing in Asian REIT IPOs," The Journal of Real Estate Finance and Economics, Springer, vol. 46(2), pages 299-320, February.
    9. Focarelli, Dario & Pozzolo, Alberto Franco, 2005. "Conflicts of Interest in Financial Markets - Evidence from Bond Underwriting in the Nineties," Economics & Statistics Discussion Papers esdp05023, University of Molise, Department of Economics.
    10. Yochanan Shachmurove, "undated". "An Empirical Investigation of IPO's Annualized Returns in the Last Three Decades," Penn CARESS Working Papers 823ad5f6b6eb3583cc703364e, Penn Economics Department.
    11. Elisabete Félix & Cesaltina Pires & Mohamed Gulamhussen, 2013. "The Determinants of Venture Capital in Europe — Evidence Across Countries," Journal of Financial Services Research, Springer;Western Finance Association, vol. 44(3), pages 259-279, December.
    12. Han Liang & Gang Liu & Jianling Yin, 2019. "Venture capital reputation: a blessing or a curse for entrepreneurial firm innovation—a contingent effect of industrial distance," Frontiers of Business Research in China, Springer, vol. 13(1), pages 1-25, December.
    13. Ber, Hedva & Yafeh, Yishay & Yosha, Oved, 2001. "Conflict of interest in universal banking: Bank lending, stock underwriting, and fund management," Journal of Monetary Economics, Elsevier, vol. 47(1), pages 189-218, February.
    14. Jerry Cao & Josh Lerner, 2006. "The Performance of Reverse Leveraged Buyouts," NBER Working Papers 12626, National Bureau of Economic Research, Inc.
    15. Marcelo Pinheiro, 2008. "Demand shocks and market manipulation," Annals of Finance, Springer, vol. 4(3), pages 269-298, July.
    16. Yoshiaki Ogura, 2017. "The Certification Role of pre-IPO Banking Relationships: Evidence from IPO Underpricing in Japan," The Japanese Economic Review, Springer, vol. 68(2), pages 257-278, June.
    17. Dewenter, Kathryn L. & Field, Laura Casares, 2001. "Investment bank reputation and relaxed listing requirements: Evidence from infrastructure firm IPOs in Hong Kong," Pacific-Basin Finance Journal, Elsevier, vol. 9(2), pages 101-117, April.
    18. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    19. Tarek Miloud & Arild Aspelund & Mathieu Cabrol, 2012. "Startup valuation by venture capitalists: an empirical study," Post-Print hal-00951664, HAL.
    20. Jonathan Labbé, 2017. "Private Equity: Universality of financing and universality of effects on business innovation? A conceptual approach [Capital-investissement : Universalité du financement et universalité des effets ," Post-Print hal-03000109, HAL.
    21. Sayuri Shirai, 2001. "Searching for New Regulatory Frameworks for the Intermediate Financial Structure in Post-Crisis Asia," Center for Financial Institutions Working Papers 01-28, Wharton School Center for Financial Institutions, University of Pennsylvania.
    22. Boyle, Glenn, 2007. "Do Financial Incentives Affect the Quality of Expert Performance? Evidence from the Racetrack," Working Paper Series 19055, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    23. Chircop, Justin & Johan, Sofia & Tarsalewska, Monika, 2020. "Does religiosity influence venture capital investment decisions?," Journal of Corporate Finance, Elsevier, vol. 62(C).
    24. Soumya G. Deb & Pradip Banerjee, 2024. "Performance of VC/PE-backed IPOs: New Insights from India," Global Business Review, International Management Institute, vol. 25(2), pages 421-443, April.
    25. Stéphane Koffel & Jonathan Labbé, 2017. "Private Equity and Business Angels: An Effect on Innovation [Capital-Investissement et Business Angels : Un effet sur l’innovation]," Post-Print hal-03000127, HAL.
    26. Glenn Boyle & Graeme Guthrie & Luke Gorton, 2010. "Holding onto Your Horses: Conflicts of Interest in Asset Management," Journal of Law and Economics, University of Chicago Press, vol. 53(4), pages 689-713.
    27. Anup Agrawal & Mark A. Chen, 2008. "Do Analyst Conflicts Matter? Evidence from Stock Recommendations," Journal of Law and Economics, University of Chicago Press, vol. 51(3), pages 503-537, August.
    28. Monica A. Zimmerman, 2008. "The Influence of Top Management Team Heterogeneity on the Capital Raised through an Initial Public Offering," Entrepreneurship Theory and Practice, , vol. 32(3), pages 391-414, May.
    29. Ugo Albertazzi, 2006. "Incentives in universal banks," Temi di discussione (Economic working papers) 572, Bank of Italy, Economic Research and International Relations Area.
    30. Benzoni, Luca & Schenone, Carola, 2010. "Conflict of interest and certification in the U.S. IPO market," Journal of Financial Intermediation, Elsevier, vol. 19(2), pages 235-254, April.
    31. Amir Shachmurove & Yochanan Shachmurove, 2004. "Annualized and Cumulative Returns on Venture-Backed Public Companies Categorized by Industry," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 9(3), pages 41-60, Fall.
    32. Boyle, Glenn & Guthrie, Graeme & Gorton, Luke, 2006. "My Kingdom for a Horse: Resolving Conflicts of Interest in Asset Management," Working Paper Series 18929, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
    33. Alan Hughes & Jaeho Lee, 2006. "What's in a name and when does it matter? The hot and cold market impacts on underpricing of certification, reputation and conflicts of interest in venture capital backed Korean IPOs," Working Papers wp336, Centre for Business Research, University of Cambridge.
    34. William Forbes, 2013. "No conflict, no interest: on the economics of conflicts of interest faced by analysts," European Journal of Law and Economics, Springer, vol. 35(3), pages 327-348, June.
    35. Tarek Miloud & Arild Aspelund & Mathieu Cabrol, 2012. "Startup valuation by venture capitalists: an empirical study," Venture Capital, Taylor & Francis Journals, vol. 14(2-3), pages 151-174, February.
    36. Altınkılıç, Oya & Balashov, Vadim S. & Hansen, Robert S., 2019. "Investment bank monitoring and bonding of security analysts’ research," Journal of Accounting and Economics, Elsevier, vol. 67(1), pages 98-119.
    37. Annalisa Croce & Diego D’Adda & Elisa Ughetto, 2015. "Venture capital financing and the financial distress risk of portfolio firms: How independent and bank-affiliated investors differ," Small Business Economics, Springer, vol. 44(1), pages 189-206, January.
    38. Maretno A. Harjoto & John K. Paglia, 2011. "Funding Continuum for Private Business Owners: Evidence from the Pepperdine Private Capital Markets Project Survey," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 15(2), pages 1-22, Winter.
    39. Bradley S. Wimmer & Brian Chezum, 2006. "Adverse Selection, Seller Effort, and Selection Bias," Southern Economic Journal, John Wiley & Sons, vol. 73(1), pages 201-218, July.
    40. Geranio, Manuela & Mazzoli, Camilla & Palmucci, Fabrizio, 2017. "The effects of affiliations on the initial public offering pricing," International Review of Economics & Finance, Elsevier, vol. 51(C), pages 295-313.
    41. David Citron & Robert Cressy & Xavier Gerard, 2008. "Prospectus forecast publication and forecast errors: the role of venture capitalist certification," Venture Capital, Taylor & Francis Journals, vol. 11(2), pages 87-105, August.
    42. Yang, Daecheon & Koo, Jeong-Ho & Kim, Jaemin, 2023. "The role of venture capitalist monitoring in mitigating cost stickiness: Evidence from Korea's IPO market," Finance Research Letters, Elsevier, vol. 52(C).
    43. Yasuda, Ayako, 2007. "Bank relationships and underwriter competition: Evidence from Japan," Journal of Financial Economics, Elsevier, vol. 86(2), pages 369-404, November.
    44. Amir Shachmurove & Yochanan Shachmurove, 2004. "Choosing Between Promising and Crowded Industries: How Does the Venture Capital Industry Fare in Each?," PIER Working Paper Archive 04-044, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    45. Lee, Chin-Chong & Poon, Wai-Ching, 2018. "Wealth transfers in rights offerings and the protective instruments," Journal of Contemporary Accounting and Economics, Elsevier, vol. 14(3), pages 335-357.
    46. Cumming, Douglas J. & MacIntosh, Jeffrey G., 2003. "A cross-country comparison of full and partial venture capital exits," Journal of Banking & Finance, Elsevier, vol. 27(3), pages 511-548, March.
    47. Emanuel Shachmurove & Yochanan Shachmurove, 2004. "What One Can Learn From the Initial Public Offering of Google? A Twenty-Year Excursion to the Venture Capital Industry," PIER Working Paper Archive 04-041, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    48. Paglia, John K. & Harjoto, Maretno A., 2014. "The effects of private equity and venture capital on sales and employment growth in small and medium-sized businesses," Journal of Banking & Finance, Elsevier, vol. 47(C), pages 177-197.
    49. Yochanan Shachmurove, 2004. "The Reality of IPO Performance: An Empirical Study of Venture-Backed Public Companies," PIER Working Paper Archive 04-030, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    50. Emanuel Shachmurove & Yochanan Shachmurove, 2004. "Annualized Returns of Ventured-Backed Public Companies Stratified by Decades and by Stages of Financing," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 9(2), pages 109-123, Summer.
    51. David Williams & W. Duncan & Peter Ginter, 2010. "Testing a model of signals in the IPO offer process," Small Business Economics, Springer, vol. 34(4), pages 445-463, May.
    52. Li, Emma & Mao, Mike Qinghao & Zhang, Hong Feng & Zheng, Hao, 2023. "Banks’ investments in fintech ventures," Journal of Banking & Finance, Elsevier, vol. 149(C).
    53. Apostolos Dasilas & Chris Grose & Michael A. Talias, 2017. "Investigating the valuation effects of reverse takeovers: evidence from Europe," Review of Quantitative Finance and Accounting, Springer, vol. 49(4), pages 973-1004, November.
    54. Yochanan Shachmurove, 2001. "Annualized Returns of Venture-Backed Public Companies Categorized by Stage of Financing: An Empirical Investigation of IPOS in the Last Three Decades," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 6(1), pages 44-58, Spring.
    55. Tarek Miloud & Mathieu Cabrol, 2011. "Les facteurs stratégiques influençant l'évaluation des start-ups par les capitaux-risqueurs," Post-Print hal-00951565, HAL.
    56. Gregory Hebb & Gregory MacKinnon, 2004. "Valuation uncertainty and IPOs: Investment bank versus commercial bank underwriters," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 28(1), pages 68-87, March.
    57. Sullivan, Michael J. & Unite, Angelo A., 2001. "The influence of group affiliation and the underwriting process on emerging market IPOs: The case of the Philippines," Pacific-Basin Finance Journal, Elsevier, vol. 9(5), pages 487-512, November.
    58. Antonio Gledson de Carvalho & Joao Amaro de Matos & Douglas Beserra Pinheiro & Marcio de Sa Mello, 2015. "Conflicts of interest in the underwriting of IPOs and price stabilization," Nova SBE Working Paper Series wp596, Universidade Nova de Lisboa, Nova School of Business and Economics.
    59. S. Ramakrishna Velamuri & Wilson Liu, 2017. "Ownership structure, insider behavior, and IPO performance of SMEs in China," Small Business Economics, Springer, vol. 48(3), pages 771-793, March.
    60. Jonathan Labbé, 2016. "Relationship between private and public investors: lever or hindrance to innovation [Relations entre investisseurs privés et publics : levier ou obstacle à l'innovation]," Post-Print hal-03000105, HAL.
    61. Stéphane Koffel & Jonathan Labbé, 2017. "Le financement des Capital-Investisseurs et Business Angels et l'effet sur l'innovation des entreprises," Post-Print hal-03556272, HAL.
    62. Plagmann, Carolin & Lutz, Eva, 2019. "Beggars or choosers? Lead venture capitalists and the impact of reputation on syndicate partner selection in international settings," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 359-378.
    63. Wolfgang Bessler & Andreas Kurth, 2007. "Agency Problems and the Performance of Venture-backed IPOs in Germany: Exit Strategies, Lock-up Periods, and Bank Ownership," The European Journal of Finance, Taylor & Francis Journals, vol. 13(1), pages 29-63.
    64. Puri, Manju, 1999. "Commercial banks as underwriters: implications for the going public process," Journal of Financial Economics, Elsevier, vol. 54(2), pages 133-163, October.
    65. Tykvova, Tereza & Walz, Uwe, 2007. "How important is participation of different venture capitalists in German IPOs?," Global Finance Journal, Elsevier, vol. 17(3), pages 350-378, March.
    66. Agarwal, Rajshree & Ann Elston, Julie, 2001. "Bank-firm relationships, financing and firm performance in Germany," Economics Letters, Elsevier, vol. 72(2), pages 225-232, August.
    67. Klein, Peter G. & Wuebker, Robert & Zoeller, Kathrin, 2016. "Relationship banking and conflicts of interest: Evidence from German initial public offerings," Journal of Corporate Finance, Elsevier, vol. 39(C), pages 210-221.

  84. Samuel Kortum & Josh Lerner, 1998. "Does Venture Capital Spur Innovation?," NBER Working Papers 6846, National Bureau of Economic Research, Inc.

    Cited by:

    1. Astrid Romain & Bruno Van Pottelsberghe, 2004. "The economic impact of venture capital," Working Papers CEB 04-014.RS, ULB -- Universite Libre de Bruxelles.
    2. Christopoulos, Dimitris & Köppl, Stefan & Köppl-Turyna, Monika, 2020. "Syndication networks and company survival: Evidence from European venture-capital deals," Working Papers 21, Agenda Austria.
    3. Apollos Ajevata EMERAH & Stephen Oloruntoba OYEDELE, 2023. "An Evaluation of the Determinants of Venture Capital Financing of Small and Medium Scale Enterprises in Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(7), pages 1261-1269, July.
    4. Andries, Petra & Czarnitzki, Dirk, 2012. "Small firm innovation performance and employee involvement," ZEW Discussion Papers 12-013, ZEW - Leibniz Centre for European Economic Research.
    5. Massimiliano Vesci & Antonio Botti & Rosangela Feola & Chiara Crudele, 2021. "Academic Entrepreneurial Intention and Its Determinants: Exploring the Moderating Role of Innovation Ecosystem," International Journal of Business and Management, Canadian Center of Science and Education, vol. 15(8), pages 1-39, July.
    6. Walter Powell & Kenneth Koput & James Bowie & Laurel Smith-Doerr, 2002. "The Spatial Clustering of Science and Capital: Accounting for Biotech Firm-Venture Capital Relationships," Regional Studies, Taylor & Francis Journals, vol. 36(3), pages 291-305.
    7. Belke, Ansgar & Fehn, Rainer & Foster, Neil, 2001. "Venture capital investment and labor market performance: a panel data analysis," Discussion Paper Series 50, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    8. Annamaria Fiore & Maria Jennifer Grisorio & Francesco Prota, 2010. "Regional Innovation Systems: Which Role for Public Policies and Innovation Agencies? Some Insights from the Experience of an Italian Region," European Planning Studies, Taylor & Francis Journals, vol. 19(8), pages 1399-1422, June.
    9. Josh Lerner & Alexander Tsai, 2000. "Do Equity Financing Cycles Matter? Evidence from Biotechnology Alliances," NBER Working Papers 7464, National Bureau of Economic Research, Inc.
    10. Hassan, M. Kabir & Houston, Reza & Karim, M. Sydul, 2021. "Courting innovation: The effects of litigation risk on corporate innovation," Journal of Corporate Finance, Elsevier, vol. 71(C).
    11. Paul Gompers & Josh Lerner, 2000. "The Determinants of Corporate Venture Capital Success: Organizational Structure, Incentives, and Complementarities," NBER Chapters, in: Concentrated Corporate Ownership, pages 17-54, National Bureau of Economic Research, Inc.
    12. Keilbach, Max & Engel, Dirk, 2002. "Firm Level Implications of Early Stage Venture Capital Investment: An Empirical Investigation," ZEW Discussion Papers 02-82, ZEW - Leibniz Centre for European Economic Research.
    13. Belke, Ansgar & Fehn, Rainer, 2000. "Institutions and structural unemployment: do capital-market imperfections matter?," Discussion Paper Series 40, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    14. Diana Marina Del COlle, & Paolo Finaldi Russo & Andrea Generale, 2006. "The Causes and Consequences of Venture Capital Financing. An Analysis based on a Sample of Italian Firms," Temi di discussione (Economic working papers) 584, Bank of Italy, Economic Research and International Relations Area.
    15. Ludányi, Arnold, 2001. "A tőkeerő és az alapítói háttér hatása a kockázatitőke-szervezetek befektetési magatartására II [The effect of capital strength and founder background on the investment behaviour of risk-capital or," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 779-797.
    16. Fehn, Rainer & Meier, Carsten-Patrick, 2000. "The positive economics of corporatism and corporate governance," Discussion Paper Series 37, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    17. Ueda, Masako & Hirukawa, Masayuki, 2008. "Venture Capital and Innovation: Which is First?," CEPR Discussion Papers 7090, C.E.P.R. Discussion Papers.
    18. Schertler, Andrea, 2000. "Venture Capital Contracts: A Survey of the Recent Literature," Kiel Working Papers 1017, Kiel Institute for the World Economy (IfW Kiel).
    19. Ansgar Belke & Rainer Fehn & Neil Foster, 2003. "Does Venture Capital Investment Spur Employment Growth?," CESifo Working Paper Series 930, CESifo.
    20. Joshua S. Gans & Scott Stern, 2000. "When Does Funding Research by Smaller Firms Bear Fruit?: Evidence from the SBIR Program," NBER Working Papers 7877, National Bureau of Economic Research, Inc.
    21. Rosangela Feola & Roberto Parente & Valentina Cucino, 2021. "The Entrepreneurial University: How to Develop the Entrepreneurial Orientation of Academia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1787-1808, December.
    22. Weber, Christiana, 2005. "Corporate Venture Capital als Beitrag zum Wissensmanagement: Eine vergleichende Langzeitstudie in Deutschland," Discussion Papers, Research Unit: Innovation and Organization SP III 2005-107, WZB Berlin Social Science Center.
    23. José Martí Pellón & Marina Balboa, 2001. "Determinants Of Private Equity Fundraising In Western Europe," Working Papers. Serie AD 2001-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    24. Annamaria Fiore & Maria Jennifer Grisorio & Francesco Prota, 2009. "Do we really need regional innovation agencies? Some insights from the experience of an Italian region," SERIES 0025, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", revised Nov 2009.
    25. Norbert Berthold & Rainer Fehn, 2003. "Unemployment in Germany: Reasons and Remedies," CESifo Working Paper Series 871, CESifo.
    26. Prado, Tiago S., 2021. "Kill Zones? Effects of Big Tech Start-up Acquisitions on Innovation," 23rd ITS Biennial Conference, Online Conference / Gothenburg 2021. Digital societies and industrial transformations: Policies, markets, and technologies in a post-Covid world 238049, International Telecommunications Society (ITS).
    27. Baker, Malcolm & Gompers, Paul A, 2003. "The Determinants of Board Structure at the Initial Public Offering," Journal of Law and Economics, University of Chicago Press, vol. 46(2), pages 569-598, October.
    28. Daniel S.Hain & Roman Jurowetzki, 2015. "Silicon Savanna? Local Competence Building and International Venture Capital in Low Income Countries. The Emergence of Foreign High-Tech Investments in Kenya," Globelics Working Paper Series 2015-09, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.
    29. Engel, Dirk, 2002. "The Impact of Venture Capital on Firm Growth: An Empirical Investigation," ZEW Discussion Papers 02-02, ZEW - Leibniz Centre for European Economic Research.
    30. Guy Ben-Ari & Nicholas S Vonortas, 2007. "Risk financing for knowledge-based enterprises: Mechanisms and policy options," Science and Public Policy, Oxford University Press, vol. 34(7), pages 475-488, August.
    31. Paul Gompers & Josh Lerner, 2001. "The Venture Capital Revolution," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 145-168, Spring.
    32. Schertler, Andrea, 2000. "The Impact of Public Subsidies on Venture Capital Investments in Start-Up Enterprises," Kiel Working Papers 1018, Kiel Institute for the World Economy (IfW Kiel).
    33. Joshua S. Gans & David H. Hsu & Scott Stern, 2002. "When Does Start-Up Innovation Spur the Gale of Creative Destruction?," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 571-586, Winter.
    34. Paul Gompers, 2002. "Corporations and the financing of innovation: The corporate venturing experience," Economic Review, Federal Reserve Bank of Atlanta, vol. 87(Q4), pages 1-17.
    35. Roberta Dessí, 1999. "Financing Entrepreneurs: Optimal Contracts and the Role of Intermediaries," FMG Discussion Papers dp328, Financial Markets Group.
    36. Marco Arnone & Umberto Giacometti, 2004. "Crescita, Innovazione Tecnologica e Mercato dei Capitali: il Ruolo del Venture Capital," Finance 0404008, University Library of Munich, Germany.
    37. Vladimir Vladimirovich Kolmakov & Aleksandra Grigorievna Polyakova & Vasily Sergeevich Shalaev, 2015. "An Analysis Of The Impact Of Venture Capital Investment On Economic Growth And Innovation: Evidence From The Usa And Russia," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 60(207), pages 7-38, September.
    38. Danny García, 2007. "Innovation and Growth: A Survey of the Literature and a Case Study for Latin America," Revista Ecos de Economía, Universidad EAFIT, October.
    39. Chen, Yongmin & Puttitanun, Thitima, 2005. "Intellectual property rights and innovation in developing countries," Journal of Development Economics, Elsevier, vol. 78(2), pages 474-493, December.
    40. Berthold, Norbert & Fehn, Rainer, 2002. "Struktureller Wandel, new economy und Beschäftigungsentwicklung: welche Rolle spielen die institutionellen Rahmenbedingungen auf dem Kapitalmarkt?," Discussion Paper Series 53, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    41. Russell Sobel & Nabamita Dutta & Sanjukta Roy, 2010. "Does cultural diversity increase the rate of entrepreneurship?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(3), pages 269-286, September.
    42. Georg Gebhardt, 2000. "Innovation and Venture Capital," Econometric Society World Congress 2000 Contributed Papers 1404, Econometric Society.
    43. Stefano Caselli & Stefano Gatti & Francesco Perrini, 2009. "Are Venture Capitalists a Catalyst for Innovation?," European Financial Management, European Financial Management Association, vol. 15(1), pages 92-111, January.
    44. Alexander Cobham, "undated". "The Financing and Technology Decisions of SMEs: I. Finance as a Determinant of Investment," QEH Working Papers qehwps24, Queen Elizabeth House, University of Oxford.
    45. Bill Moore & Rolf Wüstenhagen, 2004. "Innovative and sustainable energy technologies: the role of venture capital," Business Strategy and the Environment, Wiley Blackwell, vol. 13(4), pages 235-245, July.
    46. Mayer, Colin & Becht, Marco & Wagner, Hannes, 2006. "Where Do Firms Incorporate?," CEPR Discussion Papers 5875, C.E.P.R. Discussion Papers.
    47. Pasquale Lucio Scandizzo, 2004. "Financing Technology: An Assessment of Theory and Practice," CEIS Research Paper 43, Tor Vergata University, CEIS.
    48. Kotaro Tsuru, 2000. "Finance and Growth: Some Theoretical Considerations and a Review of the Empirical Literature," OECD Economics Department Working Papers 228, OECD Publishing.
    49. Dessi, Roberta, 1999. "Financing entrepreneurs: optimal contracts and the role of intermediaries," LSE Research Online Documents on Economics 119120, London School of Economics and Political Science, LSE Library.
    50. Rudra P. Pradhan & Rana P. Maradana & Danish B. Zaki & Saurav Dash & Manju Jayakumar & Kunal Gaurav, 2017. "Venture Capital and Innovation: Evidence from European Economic Area Countries," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 14(06), pages 1-30, December.
    51. Rainer Fehn & Thomas Fuchs, 2003. "Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?," CESifo Working Paper Series 898, CESifo.
    52. Rainer Fehn & Carsten-Patrick Meier, 2001. "The Positive Economics of Labor Market Rigidities and Investor Protection," CESifo Working Paper Series 456, CESifo.
    53. Ali-Yrkkö, Jyrki & Hyytinen, Ari & Liukkonen, Johanna, 2001. "Exiting Venture Capital Investments: Lessons from Finland," Discussion Papers 781, The Research Institute of the Finnish Economy.
    54. Fehn, Rainer, 2001. "Korporatismus auf dem Arbeitsmarkt und institutionelle Rahmenbedingungen auf dem Kapitalmarkt: zwei Seiten ein- und derselben Medaille?," Discussion Paper Series 46, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    55. Prado, Tiago S. & Bauer, Johannes M., 2022. "Big Tech platform acquisitions of start-ups and venture capital funding for innovation," Information Economics and Policy, Elsevier, vol. 59(C).
    56. Braunerhjelm, Pontus & Parker, Simon, 2010. "Josh Lerner: Recipient of the 2010 Global Award for Entrepreneurship Research," Working Paper Series in Economics and Institutions of Innovation 233, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    57. Fehn, Rainer & Meier, Carsten-Patrick, 2000. "The positive economics of corporatism and corporate governance," Kiel Working Papers 982, Kiel Institute for the World Economy (IfW Kiel).
    58. Massimo Colombo & Luca Grilli, 2007. "Funding Gaps? Access To Bank Loans By High-Tech Start-Ups," Small Business Economics, Springer, vol. 29(1), pages 25-46, June.
    59. Bauer, Johannes M. & Prado, Tiago S., 2020. "Lessons from Innovation Economics for Digital Platform Policy," ITS Conference, Online Event 2020 224846, International Telecommunications Society (ITS).

  85. Josh Lerner & Robert P. Merges, 1997. "The Control of Strategic Alliances: An Empirical Analysis of Biotechnology Collaborations," NBER Working Papers 6014, National Bureau of Economic Research, Inc.

    Cited by:

    1. Richard Jensen & Marie Thursby, 1998. "Proofs and Prototypes for Sale: The Tale of University Licensing," NBER Working Papers 6698, National Bureau of Economic Research, Inc.
    2. Norbäck, Pehr-Johan & Persson, Lars, 2012. "Entrepreneurial innovations, competition and competition policy," European Economic Review, Elsevier, vol. 56(3), pages 488-506.
    3. Ambec, S., 2003. "A theory of authority in bilateral contracting," Working Papers 200303, Grenoble Applied Economics Laboratory (GAEL).
    4. Gans, Joshua, 1968- & Stern, Scott, 1969-, 1998. "Incumbency and R&D incentives : licensing the gale of creative distruction," Working papers WP 4008-98., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    5. Black, Bernard S. & Gilson, Ronald J., 1998. "Venture capital and the structure of capital markets: banks versus stock markets," Journal of Financial Economics, Elsevier, vol. 47(3), pages 243-277, March.
    6. Joshua S. Gans & Scott Stern, 2000. "When Does Funding Research by Smaller Firms Bear Fruit?: Evidence from the SBIR Program," NBER Working Papers 7877, National Bureau of Economic Research, Inc.
    7. Fabrizi, Simona & Lippert, Steffen & Norbäck, Pehr-Johan & Persson, Lars, 2008. "Venture Capitalists, Asymmetric Information, and Ownership in the Innovation Process," Working Paper Series 776, Research Institute of Industrial Economics.
    8. Norbäck, Pehr-Johan & Persson, Lars, 2004. "The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists, and Oligopolists," Working Paper Series 626, Research Institute of Industrial Economics.
    9. J. Windsperger, 2009. "Allocation of decision rights in joint ventures," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(8), pages 491-501.
    10. Joshua S. Gans & David H. Hsu & Scott Stern, 2002. "When Does Start-Up Innovation Spur the Gale of Creative Destruction?," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 571-586, Winter.
    11. Aija Leiponen, 2006. "Organization of knowledge exchange: An empirical study of knowledge-intensive business service relationships," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(4-5), pages 443-464.
    12. Marie Thursby & Richard Jensen, 2001. "Proofs and Prototypes for Sale: The Licensing of University Inventions," American Economic Review, American Economic Association, vol. 91(1), pages 240-259, March.
    13. Patricia M. Danzon & Sean Nicholson & Nuno Sousa Pereira, 2003. "Productivity in Pharmaceutical Biotechnology R&D: The Role of Experience and Alliances," NBER Working Papers 9615, National Bureau of Economic Research, Inc.
    14. Sean Nicholson, 2005. "Biotech-Pharmaceutical Alliances as a Signal of Asset and Firm Quality," The Journal of Business, University of Chicago Press, vol. 78(4), pages 1433-1464, July.
    15. Daron Acemoglu & Simon Johnson & Todd Mitton, 2005. "Determinants of Vertical Integration: Finance, Contracts, and Regulation," NBER Working Papers 11424, National Bureau of Economic Research, Inc.
    16. Eliasson, Gunnar & Eliasson, Åsa, 2004. "The Theory of the Firm and the Markets for Strategic Acquisitions," Ratio Working Papers 44, The Ratio Institute.

  86. Jean O. Lanjouw & Josh Lerner, 1997. "The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature," NBER Working Papers 6296, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mario Calderini & Giuseppe Scellato, 2004. "Intellectual property rights as strategic assets: the case of european patent opposition in the telecommunication industry," KITeS Working Papers 158, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Jul 2004.
    2. Deepak Somaya & Christine A. McDaniel, 2012. "Tribunal Specialization and Institutional Targeting in Patent Enforcement," Organization Science, INFORMS, vol. 23(3), pages 869-887, June.
    3. Padraig Dixon & Christine Greenhalgh, 2003. "The Economics of Intellectual Property: A Review to Identify Themes for Future Research," Levine's Working Paper Archive 618897000000000645, David K. Levine.
    4. McBride, Michael & Skaperdas, Stergios & Tsai, Pi-Han, 2018. "Why go to court? Bargaining failure under the shadow of trial with complete information," European Journal of Political Economy, Elsevier, vol. 55(C), pages 151-168.
    5. Eric P. Chiang, 2004. "Determinants of Cross‐Border Intellectual Property Rights Enforcement: The Role of Trade Sanctions," Southern Economic Journal, John Wiley & Sons, vol. 71(2), pages 424-440, October.
    6. Dietmar Harhoff & Georg von Graevenitz & Stefan Wagner, 2012. "Conflict resolution, public goods and patent thickets," ESMT Research Working Papers ESMT-12-04 (R1), ESMT European School of Management and Technology, revised 25 Mar 2013.
    7. Alfred Spielkamp & Christian Rammer, 2006. "R&D - Strategic elements for innovation and market success," Management & Marketing, Economic Publishing House, vol. 1(4), Winter.
    8. Eckert, Andrew & Langinier, Corinne, 2014. "A Survey of the Economics of Patent Systems and Procedures," Working Papers 2014-10, University of Alberta, Department of Economics.
    9. Deng Yi, 2012. "Evaluating Patent Rights With Possible Patent Litigation," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 12(1), pages 1-22, March.
    10. Stefan Lachenmaier, 2005. "Identification of Available and Desirable Indicators for Patent Systems, Patenting Processes and Patent Rights Research Project for the German Patent and Trademark Office," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 25.
    11. Adam B. Jaffe, 1999. "The U.S. Patent System in Transition: Policy Innovation and the Innovation Process," NBER Working Papers 7280, National Bureau of Economic Research, Inc.
    12. Iain M. Cockburn & Samuel Kortum & Scott Stern, 2002. "Are All Patent Examiners Equal? The Impact of Examiner Characteristics," NBER Working Papers 8980, National Bureau of Economic Research, Inc.
    13. Eleftherios Sapsalis & Bruno Van Pottelsberghe, 2005. "The institutional sources of knowledge and the value of academic patents," Working Papers CEB 04-003.RS, ULB -- Universite Libre de Bruxelles.
    14. Zhang, Ya-Feng & Li, Li-Ming & Xu, Ke, 2022. "Do specialized intellectual property courts show a pro-patent propensity? Evidence from China," International Review of Law and Economics, Elsevier, vol. 70(C).
    15. Emmanuel Combe & Etienne Pfister, 2000. "Patents against imitators: an empirical investigation on French data," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03724865, HAL.
    16. Marco, Alan C., 2005. "Learning by Suing: Structural Estimates of Court Errors in Patent Litigation," Vassar College Department of Economics Working Paper Series 68, Vassar College Department of Economics.
    17. Yi Deng, 2004. "A Dynamic Stochastic Ananlysis of International Patent Application and Renewal Processes," Econometric Society 2004 North American Summer Meetings 389, Econometric Society.
    18. Roya Ghafele & Benjamin Gibert, 2014. "IP Commercialization Tactics in Developing Country Contexts," Journal of Management and Strategy, Journal of Management and Strategy, Sciedu Press, vol. 5(2), pages 1-15, May.
    19. Bertrand Chopard & Thomas Cortade & Eric Langlais, 2014. "On patent strength, litigation costs, and patent disputes under alternative damage rules," EconomiX Working Papers 2014-41, University of Paris Nanterre, EconomiX.
    20. Bertrand Chopard & Thomas Cortade & Eric Langlais, 2013. "Damage rules and the patent hold-up problem : An analysis of Article L. 615-7," Working Papers hal-04141167, HAL.
    21. Hvide, Hans K. & Kristiansen, Eirik Gaard, 2012. "Management of Knowledge Workers," IZA Discussion Papers 6609, Institute of Labor Economics (IZA).
    22. Julian Schumacher & Christoph Trebesch & Henrik Enderlein, 2015. "What Explains Sovereign Debt Litigation?," CESifo Working Paper Series 5319, CESifo.
    23. Graham, Stuart J.H. & Hall, Bronwyn H. & Harhoff, Dietmar & Mowery, David C., 2002. "Post-Issue Patent “Quality Control:” A Comparative Study of US Patent Re-examinations and European Patent Oppositions," Department of Economics, Working Paper Series qt7931q79x, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    24. Michele Cincera, 2008. "Déterminants des oppositions de brevets: une analyse micro-économique au niveau belge," DULBEA Working Papers 08-02.RS, ULB -- Universite Libre de Bruxelles.
    25. Alberto Galasso & Mark Schankerman, 2008. "Patent Thickets and the Market for Innovation: Evidence from Settlement of Patent Disputes," CEP Discussion Papers dp0889, Centre for Economic Performance, LSE.
    26. Philipp N. Baecker, 2007. "Real Options and Intellectual Property," Lecture Notes in Economics and Mathematical Systems, Springer, number 978-3-540-48264-2, October.
    27. Antonelli Cristiano, 2012. "Compulsory licensing: the foundations of an institutional innovation," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201207, University of Turin.
    28. Llobet, Gerard, 2003. "Patent litigation when innovation is cumulative," International Journal of Industrial Organization, Elsevier, vol. 21(8), pages 1135-1157, October.
    29. Bruno Van Pottelsberghe & Eleftherios Sapsalis & Ran Navon, 2006. "Academic vs. industry patenting: an in-depth analysis of what determines patent value," ULB Institutional Repository 2013/6197, ULB -- Universite Libre de Bruxelles.
    30. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    31. Stuart Graham & David Mowrey, 2004. "Submarines in software? continuations in US software patenting in the 1980s and 1990s," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(5), pages 443-456.
    32. Ghafele, Roya & Gibert, Benjamin, 2012. "Promoting intellectual property monetization in developing countries : a review of issues and strategies to support knowledge-driven growth," MPRA Paper 40438, University Library of Munich, Germany.
    33. Wesley M Cohen & Richard R Nelson & John P Walsh, 2003. "Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (Or Not)," Levine's Working Paper Archive 618897000000000624, David K. Levine.
    34. Reitzig, Markus, 2004. "Improving patent valuations for management purposes--validating new indicators by analyzing application rationales," Research Policy, Elsevier, vol. 33(6-7), pages 939-957, September.
    35. Burke, Paul F. & Reitzig, Markus, 2007. "Measuring patent assessment quality--Analyzing the degree and kind of (in)consistency in patent offices' decision making," Research Policy, Elsevier, vol. 36(9), pages 1404-1430, November.
    36. Bogdan Genchev & Julie Holland Mortimer, 2016. "Empirical Evidence on Conditional Pricing Practices," Boston College Working Papers in Economics 908, Boston College Department of Economics.
    37. Shiyuan Pan & Heng-fu Zou & Tailong Li, 2010. "Patent Protection, Technological Change and Wage Inequality," CEMA Working Papers 437, China Economics and Management Academy, Central University of Finance and Economics.
    38. Emmanuel Combe & Etienne Pfister, 2000. "Patents against imitators: an empirical investigation on French data," Cahiers de la Maison des Sciences Economiques bla00001, Université Panthéon-Sorbonne (Paris 1).
    39. Rahul RK Kapoor & Nicolas van Zeebroeck, 2016. "The laws of action and reaction: on determinants of patent disputes in European chemical and drug industries," Working Papers TIMES² WP 2016-019, ULB -- Universite Libre de Bruxelles.
    40. Maria Pluvia ZUNIGA & Emmanuel COMBE, 2002. "Introducing Patent Protection In The Pharmaceutical Sector:," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 16, pages 191-221.
    41. Salgado Banda Héctor & Breccia Adriana, 2005. "Competing or Colluding in a Stochastic Environment," Working Papers 2005-04, Banco de México.
    42. Kafouros, Mario & Wang, Chengqi & Piperopoulos, Panagiotis & Zhang, Mingshen, 2015. "Academic collaborations and firm innovation performance in China: The role of region-specific institutions," Research Policy, Elsevier, vol. 44(3), pages 803-817.
    43. Talia Bar & Brendan Costello, 2017. "Patent Validity Challenges and The America Invents Act," Working papers 2017-21, University of Connecticut, Department of Economics, revised May 2018.
    44. Cesare Righi & Timothy Simcoe, 2022. "Patenting Inventions or Inventing Patents? Continuation Practice at the USPTO," Working Papers 1320, Barcelona School of Economics.
    45. Schankerman, Mark & Galasso, Alberto, 2008. "Patent Thickets, Judicial Enforcement and the Market for Innovation: Theory and Evidence from Patent Litigation," CEPR Discussion Papers 6946, C.E.P.R. Discussion Papers.
    46. Graevenitz, Georg von, 2007. "Which Reputations Does a Brand Owner Need? Evidence from Trade Mark Opposition," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 215, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    47. Lee, Jong-Seon & Kim, Nami & Bae, Zong-Tae, 2019. "The effects of patent litigation involving NPEs on firms’ patent strategies," Technological Forecasting and Social Change, Elsevier, vol. 149(C).
    48. Buzzacchi, Luigi & Scellato, Giuseppe, 2008. "Patent litigation insurance and R&D incentives," International Review of Law and Economics, Elsevier, vol. 28(4), pages 272-286, December.
    49. Troy, Irene & Werle, Raymund, 2008. "Uncertainty and the market for patents," MPIfG Working Paper 08/2, Max Planck Institute for the Study of Societies.
    50. Macdonald, Stuart, 2004. "When means become ends: considering the impact of patent strategy on innovation," Information Economics and Policy, Elsevier, vol. 16(1), pages 135-158, March.
    51. Deng, Yi, 2005. "Renewal Study of European Patents: A Three-country Comparison," Departmental Working Papers 0514, Southern Methodist University, Department of Economics.
    52. Hong Luo & Julie Holland Mortimer, 2016. "Copyright Enforcement: Evidence from Two Field Experiments," Boston College Working Papers in Economics 907, Boston College Department of Economics.
    53. Kaufmann, Lutz & Roessing, Soenke, 2005. "Managing conflict of interests between headquarters and their subsidiaries regarding technology transfer to emerging markets--a framework," Journal of World Business, Elsevier, vol. 40(3), pages 235-253, August.
    54. Filippo Mezzanotti, 2021. "Roadblock to Innovation: The Role of Patent Litigation in Corporate R&D," Management Science, INFORMS, vol. 67(12), pages 7362-7390, December.
    55. Karin Beukel & Minyuan Zhao, 2018. "IP litigation is local, but those who litigate are global," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 53-70, June.
    56. Emmanuel Combe & Etienne Pfister, 2000. "Patents against imitators: an empirical investigation on French data," Post-Print halshs-03724865, HAL.
    57. Akematsu, Yuji & Arai, Koki, 2016. "Estimating the value of generic entry and intellectual property litigation in the pharmaceutical market," Japan and the World Economy, Elsevier, vol. 40(C), pages 16-20.
    58. Timothy S. Simcoe & Stuart J.H. Graham & Maryann Feldman, 2007. "Competing on Standards? Entrepreneurship, Intellectual Property and the Platform Paradox," NBER Working Papers 13632, National Bureau of Economic Research, Inc.
    59. Irina Peaucelle, 2002. "Santé et éducation dans les systèmes d'innovation du continent européen," Innovations, De Boeck Université, vol. 16(2), pages 125-144.
    60. Adriana Breccia & Hector Salgado-Banda, 2005. "Competing or Colluding in a Stochastic Framework," Birkbeck Working Papers in Economics and Finance 0504, Birkbeck, Department of Economics, Mathematics & Statistics.
    61. Deng, Yi, 2006. "Trade Balance of Patent Rights: Who Gains What from International Patent Harmonization, and Why?," Departmental Working Papers 0519, Southern Methodist University, Department of Economics, revised Nov 2006.
    62. Harhoff, Dietmar & Reitzig, Markus, 2002. "Determinants of Opposition Against EPO Patent Grants - The Case of Biotechnology and Pharmaceuticals," CEPR Discussion Papers 3645, C.E.P.R. Discussion Papers.
    63. Katrin Cremers & Paula Schliessler, 2015. "Patent litigation settlement in Germany: why parties settle during trial," European Journal of Law and Economics, Springer, vol. 40(2), pages 185-208, October.
    64. Huang, Kenneth Guang-Lih & Huang, Can & Shen, Huijun & Mao, Hao, 2021. "Assessing the value of China's patented inventions," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    65. Cesare Righi & Timothy Simcoe, 2022. "Patenting inventions or inventing patents? Continuation practice at the USPTO," Economics Working Papers 1820, Department of Economics and Business, Universitat Pompeu Fabra.
    66. Linda R. Cohen & Jun Ishii, 2005. "Competition, Innovation and Racing for Priority at the U.S. Patent and Trademark Office," Working Papers 050604, University of California-Irvine, Department of Economics.
    67. Adriana Breccia & Hector Salgado-Banda, 2006. "Competing or Colluding in a Stochastic Environment," Computing in Economics and Finance 2006 423, Society for Computational Economics.
    68. Cremers, Katrin, 2004. "Determinants of Patent Litigation in Germany," ZEW Discussion Papers 04-72, ZEW - Leibniz Centre for European Economic Research.

  87. Samuel Kortum & Josh Lerner, 1997. "Stronger Protection or Technological Revolution: What is Behind the Recent Surge in Patenting?," NBER Working Papers 6204, National Bureau of Economic Research, Inc.

    Cited by:

    1. Jaffe Adam B. & Lerner Josh, 2006. "Innovation and Its Discontents," Capitalism and Society, De Gruyter, vol. 1(3), pages 1-36, December.
    2. Muhammad Nadir Shabbir & Muhammad Usman Arshad & Muhammad Amir Alvi & Kainat Iftikhar, 2022. "Impact of Trade Policy Uncertainty and Sustainable Development on Medical Innovation for Developed Countries: An Application of DID Approach," Sustainability, MDPI, vol. 15(1), pages 1-26, December.
    3. Hsu, Po-Hsuan & Lee, Hsiao-Hui & Liu, Alfred Zhu & Zhang, Zhipeng, 2015. "Corporate innovation, default risk, and bond pricing," Journal of Corporate Finance, Elsevier, vol. 35(C), pages 329-344.
    4. Ryo Horii & Tatsuro Iwaisako, 2005. "Economic Growth with Imperfect Protection of Intellectual Property Rights," Development and Comp Systems 0508001, University Library of Munich, Germany.
    5. Nahuis, Richard & Smulders, Sjak, 2002. "The Skill Premium, Technological Change and Appropriability," Journal of Economic Growth, Springer, vol. 7(2), pages 137-156, June.
    6. Padraig Dixon & Christine Greenhalgh, 2003. "The Economics of Intellectual Property: A Review to Identify Themes for Future Research," Levine's Working Paper Archive 618897000000000645, David K. Levine.
    7. Bronwyn H. Hall & Rose Marie Ham, 2000. "The Patent Paradox Revisited: Determinants of Patenting in the US Semiconductor Industry, 1980-94," Development and Comp Systems 9912001, University Library of Munich, Germany.
    8. Ashish Arora & Marco Ceccagnoli & Wesley M. Cohen, 2003. "R&D and the Patent Premium," NBER Working Papers 9431, National Bureau of Economic Research, Inc.
    9. Bronwyn H. Hall & Adam Jaffe & Manuel Trajtenberg, 2005. "Market Value and Patent Citations," RAND Journal of Economics, The RAND Corporation, vol. 36(1), pages 16-38, Spring.
    10. Marjorie Lecerf & Nessrine Omrani, 2020. "SME Internationalization: the Impact of Information Technology and Innovation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(2), pages 805-824, June.
    11. Beugelsdijk, S. & Cornet, M., 2001. "How far do They Reach? The Localization of Industrial and Academic Knowledge Spillovers in the Netherlands," Other publications TiSEM 303b1186-e227-43ce-a118-0, Tilburg University, School of Economics and Management.
    12. Jay Pil Choi & Heiko Gerlach, 2013. "A Theory of Patent Portfolios," CESifo Working Paper Series 4405, CESifo.
    13. Epicoco, Marianna, 2013. "Knowledge patterns and sources of leadership: Mapping the semiconductor miniaturization trajectory," Research Policy, Elsevier, vol. 42(1), pages 180-195.
    14. Jean Lanjouw & Josh Lerner, 1998. "The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature," Annals of Economics and Statistics, GENES, issue 49-50, pages 223-246.
    15. John S. Landon-Lane & Catherine Y. Co & Myeong-Su Yun, 2006. "Inter-state dynamics of invention activities, 1930-2000," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(8), pages 1111-1134.
    16. Audretsch, David B. & Sanders, Mark, 2009. "Technological Innovation, Entrepreneurship and Development," MERIT Working Papers 2009-052, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    17. Bronwyn H. Hall & Stuart J.H. Graham & Dietmar Harhoff, 2003. "Prospects for Improving U.S. Patent Quality via Post-grant Opposition," NBER Working Papers 9731, National Bureau of Economic Research, Inc.
    18. Adam B. Jaffe, 1999. "The U.S. Patent System in Transition: Policy Innovation and the Innovation Process," NBER Working Papers 7280, National Bureau of Economic Research, Inc.
    19. Sudipto Bhattacharya & Sergei Guriev, 2006. "Patents VS Trade Secrets: Knowledge Licensing and Spillover," Sciences Po publications info:hdl:2441/3jesolrqda8, Sciences Po.
    20. Donna J. Kelley & Mark P. Rice, 2001. "Technology-Based Strategic Actions in New Firms: The Influence of Founding Technology Resources," Entrepreneurship Theory and Practice, , vol. 26(1), pages 55-71, October.
    21. Matthew D. Henry & John L. Turner, 2006. "The Court of Appeals for the Federal Circuit’s Impact on Patent Litigation," The Journal of Legal Studies, University of Chicago Press, vol. 35(1), pages 85-117, January.
    22. Popp, David C., 2001. "The effect of new technology on energy consumption," Resource and Energy Economics, Elsevier, vol. 23(3), pages 215-239, July.
    23. Andreas Panagopoulos & Kyriakos Drivas, 2016. "Using the Patent Term Changes in Assessing the Evolution of Patent Valuation from Filing to Maturity," Working Papers 1608, University of Crete, Department of Economics.
    24. Christian Bessy, 2019. "The transformations of conventions for patent use and the role of legal intermediaries," Working Papers halshs-01872163, HAL.
    25. Richard Carew, 2005. "Science Policy and Agricultural Biotechnology in Canada," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 27(3), pages 300-316.
    26. Bronwyn H. Hall, Adam Jaffe and Manuel Trajtenberg., 2000. "Market Value and Patent Citations: A First Look," Economics Working Papers E00-277, University of California at Berkeley.
    27. Shiyuan Pan & Mengbo Zhang & Heng-fu Zou, 2011. "Patent Protection, Financial Development and Economic Growth," CEMA Working Papers 589, China Economics and Management Academy, Central University of Finance and Economics.
    28. Acs, Zoltan & Audrestch, David & Braunerhjelm, Pontus & Carlsson, Bo, 2007. "The Knowledge Spillover Theory of Entrepreneurship," Working Paper Series in Economics and Institutions of Innovation 77, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    29. Josh Lerner, 2003. "150 Years of Patent Protection," Levine's Working Paper Archive 618897000000000587, David K. Levine.
    30. Paroma Sanyal, 2005. "Peanut Butter Patents Versus the New Economy: Does the Increased Rate of Patenting Signal More Invention or Just Lower Standards?," Industrial Organization 0504013, University Library of Munich, Germany.
    31. Carl Shapiro, 2003. "Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard-Setting," Law and Economics 0303005, University Library of Munich, Germany.
    32. Greenwood, J. & Jovanovic, B., 1999. "The IT Revolution and the Stock Market," RCER Working Papers 460, University of Rochester - Center for Economic Research (RCER).
    33. Giovanni Dosi & Luigi Marengo & Corrado Pasquali, 2006. "How Much Should Society Fuel the Greed of Innovators? On the Relations between Appropriability, Opportunities and Rates of Innovation," LEM Papers Series 2006/17, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    34. Stephane Lhuillery & Julio Raffo & Intan Hamdan-Livramento, 2016. "Measuring creativity: Learning from innovation measurement," WIPO Economic Research Working Papers 31, World Intellectual Property Organization - Economics and Statistics Division.
    35. Graham, Stuart J.H. & Hall, Bronwyn H. & Harhoff, Dietmar & Mowery, David C., 2002. "Post-Issue Patent “Quality Control:” A Comparative Study of US Patent Re-examinations and European Patent Oppositions," Department of Economics, Working Paper Series qt7931q79x, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    36. Margaret Kyle & Anita McGahan, 2009. "Investments in Pharmaceuticals Before and After TRIPS," NBER Working Papers 15468, National Bureau of Economic Research, Inc.
    37. Lerner, Josh & Zhu, Feng, 2007. "What is the impact of software patent shifts? Evidence from Lotus v. Borland," International Journal of Industrial Organization, Elsevier, vol. 25(3), pages 511-529, June.
    38. Nancy T. Gallini, 2002. "The Economics of Patents: Lessons from Recent U.S. Patent Reform," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 131-154, Spring.
    39. Arundel, Anthony & Kabla, Isabelle, 1998. "What percentage of innovations are patented? empirical estimates for European firms," Research Policy, Elsevier, vol. 27(2), pages 127-141, June.
    40. Koki Oikawa & Minoru Kitahara, 2017. "Technology Polarization," Working Papers e113, Tokyo Center for Economic Research.
    41. Beschorner, Patrick Frank Ernst, 2008. "Do Shorter Product Cycles Induce Patent Thickets?," ZEW Discussion Papers 08-098, ZEW - Leibniz Centre for European Economic Research.
    42. Illoong Kwon, 2012. "Patent Thicket, Secrecy, and Licensing," Korean Economic Review, Korean Economic Association, vol. 28, pages 27-49.
    43. Andrew C. Chang, 2016. "Banking Consolidation and Small Firm Financing for Research and Development," Finance and Economics Discussion Series 2016-029, Board of Governors of the Federal Reserve System (U.S.).
    44. Martin S. Meyer & Puay Tang, 2007. "Exploring the “value” of academic patents: IP management practices in UK universities and their implications for Third-Stream indicators," Scientometrics, Springer;Akadémiai Kiadó, vol. 70(2), pages 415-440, February.
    45. Tse, Chung Yi, 2002. "The diffusion of knowledge and the productivity and appropriability of R&D investment," Journal of Economic Dynamics and Control, Elsevier, vol. 26(2), pages 303-331, February.
    46. Daniels, Bryce & Johnson, Daniel K.N., 2019. "More where that came from: Induced innovation in the american oil and gas sectors," Resources Policy, Elsevier, vol. 64(C).
    47. Landon Kleis & Paul Chwelos & Ronald V. Ramirez & Iain Cockburn, 2012. "Information Technology and Intangible Output: The Impact of IT Investment on Innovation Productivity," Information Systems Research, INFORMS, vol. 23(1), pages 42-59, March.
    48. Zvi Griliches, 1998. "Introduction to "R&D and Productivity: The Econometric Evidence"," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 1-14, National Bureau of Economic Research, Inc.
    49. Peter L. Rousseau & Boyan Jovanovic, 2004. "General Purpose Technologies," 2004 Meeting Papers 103, Society for Economic Dynamics.
    50. Bronwyn Hall, 2004. "Exploring the patent explosion," Working Papers wp291, Centre for Business Research, University of Cambridge.
    51. Bhattacharya, Sudipto & Guriev, Sergei, 2004. "Knowledge Disclosure, Patents and Optimal Organization of Research and Development," CEPR Discussion Papers 4513, C.E.P.R. Discussion Papers.
    52. David Hirshleifer & Po-Hsuan Hsu & Dongmei Li, 2017. "Innovative Originality, Profitability, and Stock Returns," NBER Working Papers 23432, National Bureau of Economic Research, Inc.
    53. Lee Branstetter & Yoshiaki Ogura, 2005. "Is Academic Science Driving a Surge in Industrial Innovation? Evidence from Patent Citations," NBER Working Papers 11561, National Bureau of Economic Research, Inc.
    54. Cohen, Wesley M., 2010. "Fifty Years of Empirical Studies of Innovative Activity and Performance," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 129-213, Elsevier.
    55. Jean O Lanjouw & Josh Lerner, 2004. "The Enforcement of Intellectual Property Rights: A Survey of the Literature," Levine's Working Paper Archive 122247000000000486, David K. Levine.
    56. Paul A. Gompers & Josh Lerner, 1999. "What Drives Venture Capital Fundraising?," NBER Working Papers 6906, National Bureau of Economic Research, Inc.
    57. Shiyuan Pan & Mengbo Zhang & Heng-fu Zou, 2013. "The Effects of Patent Protection: A Growth Model with Status Preference," CEMA Working Papers 574, China Economics and Management Academy, Central University of Finance and Economics.
    58. John Van Reenen, 2001. "The new economy: reality and policy," Fiscal Studies, Institute for Fiscal Studies, vol. 22(3), pages 307-336, September.
    59. Lee Branstetter & Raymond Fisman & C. Fritz Foley & Kamal Saggi, 2007. "Intellectual Property Rights, Imitation, and Foreign Direct Investment: Theory and Evidence," NBER Working Papers 13033, National Bureau of Economic Research, Inc.
    60. Shiyuan Pan & Heng-fu Zou & Tailong Li, 2010. "Patent Protection, Technological Change and Wage Inequality," CEMA Working Papers 437, China Economics and Management Academy, Central University of Finance and Economics.
    61. Cook, Thomas R. & Liu, Amy H., 2016. "Using Linguistic Networks to Explain Strength of Intellectual Property Rights," World Development, Elsevier, vol. 87(C), pages 128-138.
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    65. Elizabeth Webster, 2002. "Intangible and Intellectual Capital: A Review of the Literature," Melbourne Institute Working Paper Series wp2002n10, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
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    67. Shapiro, Carl, 2001. "Antitrust Limits to Patent Settlements," Competition Policy Center, Working Paper Series qt87s5j911, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    68. David Audretsch & Matthias Bank & Martin Carree & Marcus Dejardin & Julie Elston & Harmut Fest & Andre Jungmittag & Georg Licht & Gerald Mcdermott & Margaret Polski & Scott Shane & Paul Welfens & Juer, 2002. "The New Economy in Germany and the United States: Policy Challenges and Solutions," Working Papers halshs-00721657, HAL.
    69. Kortum, Samuel & Lerner, Josh, 1999. "What is behind the recent surge in patenting?1," Research Policy, Elsevier, vol. 28(1), pages 1-22, January.
    70. Shiyuan Pan & Mengbo Zhang & Heng-fu Zou, 2011. "Status Preference and the Effects of Patent Protection: Theory and Evidence," CEMA Working Papers 588, China Economics and Management Academy, Central University of Finance and Economics.
    71. Alan Marco & Gordon Rausser, 2011. "Complementarities and spillovers in mergers: an empirical investigation using patent data," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 20(3), pages 207-231.
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    89. Audretsch, D.B. & Thurik, A.R., 2000. "What's New About the New Economy? Sources of growth in the managed and entrepreneurial economies," ERIM Report Series Research in Management ERS-2000-45-STR, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
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    91. Audretsch, David & Sanders, Mark, 2007. "Globalization and the Rise of the Entrepreneurial Economy," CEPR Discussion Papers 6247, C.E.P.R. Discussion Papers.
    92. Jinyoung Kim & Gerald Marschke, 2004. "Labor Mobility Of Scientists, Technological Diffusion, And The Firm’S Patenting Decision," Econometric Society 2004 Far Eastern Meetings 586, Econometric Society.
    93. Josh Lerner, 2002. "Patent Protection and Innovation Over 150 Years," NBER Working Papers 8977, National Bureau of Economic Research, Inc.
    94. T. S. Raghu & Wonseok Woo & S. B. Mohan & H. Raghav Rao, 2008. "Market reaction to patent infringement litigations in the information technology industry," Information Systems Frontiers, Springer, vol. 10(1), pages 61-75, March.
    95. Constantine Alexandrakis, 2014. "Technological change and the U.S. real interest rate," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 38(4), pages 672-686, October.
    96. Blandine Laperche, 2003. "brevet, gène et logiciel,les débats en Europe et aux Etats-Unis (Patent, gene and software debates in europe and in the united states)," Working Papers 62, Laboratoire de Recherche sur l'Industrie et l'Innovation. ULCO / Research Unit on Industry and Innovation.
    97. Boyan Jovanovic & Peter L. Rousseau, 2001. "Stock Markets in the New Economy," Vanderbilt University Department of Economics Working Papers 0118, Vanderbilt University Department of Economics.
    98. Renjith Ramachandran & Ketan Reddy & Subash Sasidharan, 2020. "Agglomeration and Productivity: Evidence from Indian Manufactuaring," Studies in Microeconomics, , vol. 8(1), pages 75-94, June.
    99. Illoong Kwon, 2008. "Patent Portfolio Race and Secrecy," Discussion Papers 08-05, University at Albany, SUNY, Department of Economics.
    100. Melissa A. Schilling, 2015. "Technology Shocks, Technological Collaboration, and Innovation Outcomes," Organization Science, INFORMS, vol. 26(3), pages 668-686, June.
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    102. David Popp, 2001. "Induced Innovation and Energy Prices," NBER Working Papers 8284, National Bureau of Economic Research, Inc.
    103. Yochanan Shachmurove, 2011. "First-Round Entrepreneurial Investments: Where, When and Why?," PIER Working Paper Archive 11-017, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    104. Angus Chu, 2009. "Effects of blocking patents on R&D: a quantitative DGE analysis," Journal of Economic Growth, Springer, vol. 14(1), pages 55-78, March.
    105. Stuart, Graham & Higgins, Matthew, 2007. "The Impact of Patenting on New Product Introductions in the Pharmaceutical Industry," MPRA Paper 4574, University Library of Munich, Germany.
    106. Kwon, Seokbeom & Marco, Alan C., 2021. "Can antitrust law enforcement spur innovation? Antitrust regulation of patent consolidation and its impact on follow-on innovations," Research Policy, Elsevier, vol. 50(9).
    107. Roberto M Samaniego, 2005. "Investment-Specific Technical Change and the Production of Ideas," Computing in Economics and Finance 2005 291, Society for Computational Economics.
    108. Janice Fanning Madden, 2000. "Jobs, Cities, and Suburbs in the Global Economy," The ANNALS of the American Academy of Political and Social Science, , vol. 572(1), pages 78-89, November.
    109. Luigi Marengo & Corrado Pasquali & Marco Valente & Giovanni Dosi, 2009. "Appropriability, Patents, and Rates of Innovation in Complex Products Industries," LEM Papers Series 2009/05, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    110. Kelley, Donna J. & Rice, Mark P., 2002. "Advantage beyond founding: The strategic use of technologies," Journal of Business Venturing, Elsevier, vol. 17(1), pages 41-57, January.
    111. Lin, Hui-Lin & Li, Hsiao-Yun & Yang, Chih-Hai, 2011. "Agglomeration and productivity: Firm-level evidence from China's textile industry," China Economic Review, Elsevier, vol. 22(3), pages 313-329, September.
    112. Shane, Scott, 2004. "Encouraging university entrepreneurship? The effect of the Bayh-Dole Act on university patenting in the United States," Journal of Business Venturing, Elsevier, vol. 19(1), pages 127-151, January.
    113. Sener, Fuat, 2006. "Labor market rigidities and R&D-based growth in the global economy," Journal of Economic Dynamics and Control, Elsevier, vol. 30(5), pages 769-805, May.
    114. Yi Qian, 2010. "Are National Patent Laws the Blossoming Rain?," NBER Working Papers 16295, National Bureau of Economic Research, Inc.
    115. Dr Chiara Rosazza Bondibene, 2012. "A Study of Patent Thickets," National Institute of Economic and Social Research (NIESR) Discussion Papers 401, National Institute of Economic and Social Research.
    116. Andrea Fernández‐Ribas, 2010. "International Patent Strategies of Small and Large Firms: An Empirical Study of Nanotechnology," Review of Policy Research, Policy Studies Organization, vol. 27(4), pages 457-473, July.
    117. Yang, Chih-Hai & Kuo, Nai-Fong, 2008. "Trade-related influences, foreign intellectual property rights and outbound international patenting," Research Policy, Elsevier, vol. 37(3), pages 446-459, April.
    118. Josh Lerner, 2003. "The Patent System and Competition," Levine's Working Paper Archive 618897000000000577, David K. Levine.
    119. Samargandi, Nahla, 2017. "Sector value addition, technology and CO2 emissions in Saudi Arabia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 78(C), pages 868-877.
    120. Shapiro, Carl, 2002. "The FTC's Challenge to Intel's Cross-Licensing Practices," Competition Policy Center, Working Paper Series qt9756j0km, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    121. Spinesi Luca, 2011. "Probabilistic Heterogeneous Patent Protection and Innovation Incentives," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-44, August.
    122. Jeff Thurk, 2013. "Market Effects of Patent Reform in the US Semiconductor Industry," 2013 Meeting Papers 1029, Society for Economic Dynamics.
    123. Chadha, Alka, 2009. "TRIPs and patenting activity: Evidence from the Indian pharmaceutical industry," Economic Modelling, Elsevier, vol. 26(2), pages 499-505, March.
    124. Fernando Leiva B., 2006. "Pricing Patents through Citations," 2006 Meeting Papers 834, Society for Economic Dynamics.
    125. Lone Engbo Christiansen, 2008. "Do Technology Shocks Lead to Productivity Slowdowns? Evidence from Patent Data," IMF Working Papers 2008/024, International Monetary Fund.
    126. Braunerhjelm, Pontus & Parker, Simon, 2010. "Josh Lerner: Recipient of the 2010 Global Award for Entrepreneurship Research," Working Paper Series in Economics and Institutions of Innovation 233, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    127. Paul A. David, 2005. "Can ‘Open Science’ be Protected from the Evolving Regime of IPR Protections?," Industrial Organization 0502010, University Library of Munich, Germany.
    128. Mark Bils & Peter J. Klenow, 2001. "The Acceleration of Variety Growth," American Economic Review, American Economic Association, vol. 91(2), pages 274-280, May.
    129. Lee Branstetter & Reiko Aoki, 2005. "Is Academic Science Raising Innovative Productivity? Theory and Evidence from Firm-Level Data," Hi-Stat Discussion Paper Series d05-86, Institute of Economic Research, Hitotsubashi University.
    130. Ayano Fujiwara, 2018. "Researcher Mobility and Innovation: The Effect of Researcher Mobility on Organizational R&D Performance in the Emerging Nations' Companies," Asian Culture and History, Canadian Center of Science and Education, vol. 10(2), pages 1-36, September.
    131. Giovanni Dosi & Joseph Stiglitz, 2013. "The Role of Intellectual Property Rights in the Development Process, with Some Lessons from Developed Countries: An Introduction," LEM Papers Series 2013/23, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    132. Yi Qian, 2011. "Counterfeiters: Foes or Friends? How Do Counterfeits Affect Different Product Quality Tiers?," NBER Working Papers 16785, National Bureau of Economic Research, Inc.
    133. Lee Branstetter & Kwon Hyeog Ug, 2004. "The Restructuring Of Japanese Research And Development: The Increasing Impact Of Science On Japanese R&D," Discussion papers 04021, Research Institute of Economy, Trade and Industry (RIETI).

  88. Josh Lerner, 1996. "The Government as Venture Capitalist: The Long-Run Effects of the SBIR Program," NBER Working Papers 5753, National Bureau of Economic Research, Inc.

    Cited by:

    1. Shuang Wang & Shukuan Zhao & Dong Shao & Hongyu Liu, 2020. "Impact of Government Subsidies on Manufacturing Innovation in China: The Moderating Role of Political Connections and Investor Attention," Sustainability, MDPI, vol. 12(18), pages 1-21, September.
    2. Christian Keuschnigg & Soren Nielsen, 2001. "Public Policy for Venture Capital," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 8(4), pages 557-572, August.
    3. Hyytinen, Ari & Takalo, Tuomas, 2004. "Investor Protection and Business Creation," Discussion Papers 889, The Research Institute of the Finnish Economy.
    4. Paige Clayton & Maryann Feldman & Benjamin Montmartin, 2019. "Funding Emerging Ecosystems," GREDEG Working Papers 2019-25, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    5. Richard A. Hunt & David M. Townsend & Elham Asgari & Daniel A. Lerner, 2019. "Bringing It All Back Home: Corporate Venturing and Renewal Through Spin-ins," Entrepreneurship Theory and Practice, , vol. 43(6), pages 1166-1193, November.
    6. Bronwyn Hall, 2004. "The financing of research and development," Chapters, in: Anthony Bartzokas & Sunil Mani (ed.), Financial Systems, Corporate Investment in Innovation, and Venture Capital, chapter 2, Edward Elgar Publishing.
    7. Judit Karsai, 2004. "Can the state replace private capital investors? Public financing of venture capital in Hungary," CERS-IE WORKING PAPERS 0409, Institute of Economics, Centre for Economic and Regional Studies.
    8. Douhan, Robin & Henrekson, Magnus, 2007. "The Political Economy of Entrepreneurship: An Introduction," Working Paper Series 688, Research Institute of Industrial Economics.
    9. Link, Albert N. & Scott, John T., 2001. "Public/private partnerships: stimulating competition in a dynamic market," International Journal of Industrial Organization, Elsevier, vol. 19(5), pages 763-794, April.
    10. Kathryn Ibata-Arens, 2008. "Comparing National Innovation Systems in Japan and the United States: Push, Pull, Drag and Jump Factors in the Development of New Technology," Asia Pacific Business Review, Taylor & Francis Journals, vol. 14(3), pages 315-338, July.
    11. Paul A. Gompers & Josh Lerner, 1999. "What Drives Venture Capital Fundraising?," NBER Working Papers 6906, National Bureau of Economic Research, Inc.
    12. John Armour & Douglas Cumming, 2004. "The Legal Road To Replicating Silicon Valley," Working Papers wp281, Centre for Business Research, University of Cambridge.
    13. Haifeng Qian, 2018. "Knowledge-Based Regional Economic Development: A Synthetic Review of Knowledge Spillovers, Entrepreneurship, and Entrepreneurial Ecosystems," Economic Development Quarterly, , vol. 32(2), pages 163-176, May.
    14. Hong Joo Lee, 2019. "What Factors Are Necessary for Sustaining Entrepreneurship?," Sustainability, MDPI, vol. 11(11), pages 1-20, May.
    15. Paul Gompers & Josh Lerner, 2001. "The Venture Capital Revolution," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 145-168, Spring.
    16. Hyytinen, Ari & Väänänen, Lotta, 2002. "Government Funding of Small and Medium-sized Enterprises in Finland," Discussion Papers 832, The Research Institute of the Finnish Economy.
    17. Paul Gompers & Josh Lerner & David Scharfstein, 2005. "Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999," Journal of Finance, American Finance Association, vol. 60(2), pages 577-614, April.
    18. Bonnín Roca, Jaime & Vaishnav, Parth & Morgan, Granger M. & Fuchs, Erica & Mendonça, Joana, 2021. "Technology Forgiveness: Why emerging technologies differ in their resilience to institutional instability," Technological Forecasting and Social Change, Elsevier, vol. 166(C).
    19. Marco Arnone & Umberto Giacometti, 2004. "Crescita, Innovazione Tecnologica e Mercato dei Capitali: il Ruolo del Venture Capital," Finance 0404008, University Library of Munich, Germany.
    20. Mazzucato, Mariana & Robinson, Douglas K.R., 2018. "Co-creating and directing Innovation Ecosystems? NASA's changing approach to public-private partnerships in low-earth orbit," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 166-177.
    21. Sau Lino, 2007. "New Pecking Order Financing for Innovative Firms: an Overview," Department of Economics and Statistics Cognetti de Martiis. Working Papers 200702, University of Turin.
    22. Doga Kayalar Erdem & David B. Audretsch, 2004. "Determinants Of Scientist Entrepreneurship: An Integrative Research Agenda," Papers on Entrepreneurship, Growth and Public Policy 2004-42, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    23. Schertler, Andrea & Stolpe, Michael, 2000. "Venture mania in Europe: Its causes and consequences," Kiel Discussion Papers 358, Kiel Institute for the World Economy (IfW Kiel).
    24. Viktoria Kocsis & Victoria Shestalova & Henry van der Wiel & Nick Zubanov & Ruslan Lukach & Bert Minne, 2009. "Relation entry, exit and productivity: an overview of recent theoretical and empirical literature," CPB Document 180, CPB Netherlands Bureau for Economic Policy Analysis.
    25. Martin, Stephen & Scott, John T., 2000. "The nature of innovation market failure and the design of public support for private innovation," Research Policy, Elsevier, vol. 29(4-5), pages 437-447, April.
    26. Fini, Riccardo & Perkmann, Markus & Kenney, Martin & Maki, Kanetaka M., 2023. "Are public subsidies effective for university spinoffs? Evidence from SBIR awards in the University of California system," Research Policy, Elsevier, vol. 52(1).
    27. Douglas Cumming & Grant Fleming & Armin Schwienbacher, 2008. "Financial intermediaries, ownership structure and the provision of venture capital to SMEs: evidence from Japan," Small Business Economics, Springer, vol. 31(1), pages 59-92, June.
    28. Rainer Fehn & Thomas Fuchs, 2003. "Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?," CESifo Working Paper Series 898, CESifo.
    29. Lerner, Joshua, 1998. ""Angel" financing and public policy: An overview," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 773-783, August.
    30. Josh Lerner, 2002. "When Bureaucrats Meet Entrepreneurs: The Design of Effective "Public Venture Capital" Programmes," Economic Journal, Royal Economic Society, vol. 112(477), pages 73-84, February.
    31. Douglas J. Cumming & Jeffrey G. MacIntosh, 2003. "Comparative Venture Capital Governance. Private versus Labour Sponsored Venture Capital Funds," CESifo Working Paper Series 853, CESifo.

  89. Jean O. Lanjouw & Josh Lerner, 1996. "Preliminary Injunctive Relief: Theory and Evidence from Patent Litigation," NBER Working Papers 5689, National Bureau of Economic Research, Inc.

    Cited by:

    1. Padraig Dixon & Christine Greenhalgh, 2003. "The Economics of Intellectual Property: A Review to Identify Themes for Future Research," Levine's Working Paper Archive 618897000000000645, David K. Levine.
    2. Bronwyn H. Hall & Rose Marie Ham, 2000. "The Patent Paradox Revisited: Determinants of Patenting in the US Semiconductor Industry, 1980-94," Development and Comp Systems 9912001, University Library of Munich, Germany.
    3. Mark Schankerman & Suzanne Scotchmer, 1999. "Damages and Injunctions in the Protection of Proprietary Research Tools," NBER Working Papers 7086, National Bureau of Economic Research, Inc.
    4. Jean Lanjouw & Josh Lerner, 1998. "The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature," Annals of Economics and Statistics, GENES, issue 49-50, pages 223-246.
    5. Keely,L.C., 2000. "Using patents in growth models," Working papers 30, Wisconsin Madison - Social Systems.
    6. Lanjouw, Jenny & Schankerman, Mark, 1998. "Patent Suits: Do They Distort Research Incentives?," CEPR Discussion Papers 2042, C.E.P.R. Discussion Papers.
    7. Mark Schankerman and Suzanne Scotchmer., 2000. "Damages and Injunctions in Protecting Proprietary Research Tools," Economics Working Papers E00-288, University of California at Berkeley.
    8. Jean O. Lanjouw & Mark Schankerman, 1997. "Stylized Facts of Patent Litigation: Value, Scope and Ownership," NBER Working Papers 6297, National Bureau of Economic Research, Inc.
    9. Emmanuel Combe & Etienne Pfister, 2000. "Patents against imitators: an empirical investigation on French data," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03724865, HAL.
    10. Choi, J.P., 1997. "Patent Litigation as an Information Transmission Mechanism," Discussion Paper 1997-17, Tilburg University, Center for Economic Research.
    11. Graham, Stuart J.H. & Hall, Bronwyn H. & Harhoff, Dietmar & Mowery, David C., 2002. "Post-Issue Patent “Quality Control:” A Comparative Study of US Patent Re-examinations and European Patent Oppositions," Department of Economics, Working Paper Series qt7931q79x, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    12. Llobet, Gerard, 2003. "Patent litigation when innovation is cumulative," International Journal of Industrial Organization, Elsevier, vol. 21(8), pages 1135-1157, October.
    13. Reiko Aoki & Jin-Li Hu, 1996. "Licensing vs. Litigation: Effect of the Legal System on Incentives to Innovate," Industrial Organization 9612002, University Library of Munich, Germany.
    14. Keun Lee & Yee Kyoung Kim, 2014. "Patents versus utility models in a dynamic change of an economy: Korea," Chapters, in: Sanghoon Ahn & Bronwyn H. Hall & Keun Lee (ed.), Intellectual Property for Economic Development, chapter 4, pages 90-119, Edward Elgar Publishing.
    15. Christine Greenhalgh & Mark Rogers, 2007. "The Value of Intellectual Property Rights to Firms," Discussion Papers 06-036, Stanford Institute for Economic Policy Research.
    16. Jean O Lanjouw & Josh Lerner, 2004. "The Enforcement of Intellectual Property Rights: A Survey of the Literature," Levine's Working Paper Archive 122247000000000486, David K. Levine.
    17. Emmanuel Combe & Etienne Pfister, 2000. "Patents against imitators: an empirical investigation on French data," Cahiers de la Maison des Sciences Economiques bla00001, Université Panthéon-Sorbonne (Paris 1).
    18. Samuel Kortum & Josh Lerner, 1997. "Stronger Protection or Technological Revolution: What is Behind the Recent Surge in Patenting?," NBER Working Papers 6204, National Bureau of Economic Research, Inc.
    19. Rasmus Arler Bogetoft & Peter Bogetoft, 2022. "Market entrance, patents, and preliminary injunctions: a model of pharmaceutical patent litigation," European Journal of Law and Economics, Springer, vol. 53(3), pages 379-423, June.
    20. Choi, J.P., 1997. "Patent Litigation as an Information Transmission Mechanism," Other publications TiSEM a9afa43f-baa3-4e40-b599-0, Tilburg University, School of Economics and Management.
    21. AndreÌ s LoÌ pez & Eugenia Orlicki, 2009. "Who Uses the Patent System in Developing Countries? A Study of Patent Propensities in Argentina, 1992-2001," Microeconomics Working Papers 22785, East Asian Bureau of Economic Research.
    22. Argyres, Nicholas S. & Liebeskind, Julia Porter, 2002. "Governance inseparability and the evolution of US biotechnology industry," Journal of Economic Behavior & Organization, Elsevier, vol. 47(2), pages 197-219, February.
    23. Kim, Yee Kyoung & Lee, Keun & Park, Walter G. & Choo, Kineung, 2012. "Appropriate intellectual property protection and economic growth in countries at different levels of development," Research Policy, Elsevier, vol. 41(2), pages 358-375.
    24. Emmanuel Combe & Etienne Pfister, 2000. "Patents against imitators: an empirical investigation on French data," Post-Print halshs-03724865, HAL.
    25. Francisco Ramos Romeu, 2010. "An economic theory of the regulation of preliminary measures," European Journal of Law and Economics, Springer, vol. 30(3), pages 267-300, December.
    26. Diestre, Luis & Lumineau, Fabrice & Durand, Rodolphe, 2023. "Litigate or let it go? Multi-market contact and IP infringement-litigation dynamics," Research Policy, Elsevier, vol. 52(6).
    27. John R. Boyce & Aidan Hollis, 2007. "Preliminary Injunctions and Damage Rules in Patent Law," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(2), pages 385-405, June.

Articles

  1. Lerner, Josh & Mao, Jason & Schoar, Antoinette & Zhang, Nan R., 2022. "Investing outside the box: Evidence from alternative vehicles in private equity," Journal of Financial Economics, Elsevier, vol. 143(1), pages 359-380.

    Cited by:

    1. Michael Ewens & Joan Farre-Mensa, 2021. "Private or Public Equity? The Evolving Entrepreneurial Finance Landscape," NBER Working Papers 29532, National Bureau of Economic Research, Inc.
    2. William L. Megginson & Asif I. Malik & Xin Yue Zhou, 2023. "Sovereign wealth funds in the post-pandemic era," Journal of International Business Policy, Palgrave Macmillan, vol. 6(3), pages 253-275, September.
    3. Aleksandar Andonov, 2024. "Delegated Investment Management in Alternative Assets," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 13(1), pages 264-301.

  2. Josh Lerner & Amit Seru, 2022. "The Use and Misuse of Patent Data: Issues for Finance and Beyond," The Review of Financial Studies, Society for Financial Studies, vol. 35(6), pages 2667-2704.

    Cited by:

    1. Lily Fang & Josh Lerner & Chaopeng Wu & Qi Zhang, 2023. "Anticorruption, Government Subsidies, and Innovation: Evidence from China," Management Science, INFORMS, vol. 69(8), pages 4363-4388, August.
    2. El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane & Hou, Fangfang & Tong, Wilson H.S., 2023. "Social trust and firm innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
    3. Hu, Yi & Jin, Shuchang & Ni, Juan & Peng, Kai & Zhang, Lei, 2023. "Strategic or substantive green innovation: How do non-green firms respond to green credit policy?," Economic Modelling, Elsevier, vol. 126(C).
    4. Cai, Guowei & Zhang, Xuejiao & Yang, Hao, 2023. "Capacity utilization shifting or resource-seeking? Benefits for Chinese enterprises participating in the belt and road initiative," Emerging Markets Review, Elsevier, vol. 54(C).
    5. Kim, Jinhwan & Valentine, Kristen, 2023. "Public firm disclosures and the market for innovation," Journal of Accounting and Economics, Elsevier, vol. 76(1).
    6. Donald E. Bowen & Laurent Frésard & Gerard Hoberg, 2023. "Rapidly Evolving Technologies and Startup Exits," Management Science, INFORMS, vol. 69(2), pages 940-967, February.
    7. Matthias Niggli & Christian Rutzer, 2023. "Digital technologies, technological improvement rates, and innovations “Made in Switzerland”," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 159(1), pages 1-31, December.

  3. Sergey Chernenko & Josh Lerner & Yao Zeng, 2021. "Mutual Funds as Venture Capitalists? Evidence from Unicorns [The role of boards of directors in corporate governance: a conceptual framework and survey]," The Review of Financial Studies, Society for Financial Studies, vol. 34(5), pages 2362-2410.
    See citations under working paper version above.
  4. Bernstein, Shai & Dev, Abhishek & Lerner, Josh, 2020. "The creation and evolution of entrepreneurial public markets," Journal of Financial Economics, Elsevier, vol. 136(2), pages 307-329.
    See citations under working paper version above.
  5. Shai Bernstein & Josh Lerner & Filippo Mezzanotti, 2020. "Private Equity and Portfolio Companies: Lessons from the Global Financial Crisis," Journal of Applied Corporate Finance, Morgan Stanley, vol. 32(3), pages 21-42, September.

    Cited by:

    1. Qi Ban & Huiting Zhu, 2023. "Quality of Mandatory Social Responsibility Disclosure and Total Factor Productivity of Enterprises: Evidence from Chinese Listed Companies," Sustainability, MDPI, vol. 15(13), pages 1-22, June.

  6. Josh Lerner & Ramana Nanda, 2020. "Venture Capital's Role in Financing Innovation: What We Know and How Much We Still Need to Learn," Journal of Economic Perspectives, American Economic Association, vol. 34(3), pages 237-261, Summer.
    See citations under working paper version above.
  7. Ivashina, Victoria & Lerner, Josh, 2019. "Pay now or pay later? The economics within the private equity partnership," Journal of Financial Economics, Elsevier, vol. 131(1), pages 61-87.
    See citations under working paper version above.
  8. Josh Lerner & Scott Stern, 2019. "Innovation Policy and the Economy: Introduction to Volume 19," Innovation Policy and the Economy, University of Chicago Press, vol. 19(1), pages 1-1.

    Cited by:

    1. Juan Ricardo Perilla Jimenez, 2019. "Mainstream and evolutionary views of technology, economic growth and catching up," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 823-852, July.

  9. Shai Bernstein & Josh Lerner & Filippo Mezzanotti, 2019. "Private Equity and Financial Fragility during the Crisis," The Review of Financial Studies, Society for Financial Studies, vol. 32(4), pages 1309-1373.
    See citations under working paper version above.
  10. Lerner, Josh & Schoar, Antoinette & Sokolinski, Stanislav & Wilson, Karen, 2018. "The globalization of angel investments: Evidence across countries," Journal of Financial Economics, Elsevier, vol. 127(1), pages 1-20.
    See citations under working paper version above.
  11. Lily H. Fang & Josh Lerner & Chaopeng Wu, 2017. "Intellectual Property Rights Protection, Ownership, and Innovation: Evidence from China," The Review of Financial Studies, Society for Financial Studies, vol. 30(7), pages 2446-2477.
    See citations under working paper version above.
  12. Shai Bernstein & Josh Lerner & Morten Sorensen & Per Strömberg, 2017. "Private Equity and Industry Performance," Management Science, INFORMS, vol. 63(4), pages 1198-1213, April.
    See citations under working paper version above.
  13. Leslie Jeng & Josh Lerner, 2016. "Making Private Data Accessible in an Opaque Industry: The Experience of the Private Capital Research Institute," American Economic Review, American Economic Association, vol. 106(5), pages 157-160, May.

    Cited by:

    1. Vilhuber, Lars, 2023. "Reproducibility and transparency versus privacy and confidentiality: Reflections from a data editor," Journal of Econometrics, Elsevier, vol. 235(2), pages 2285-2294.

  14. Anna Kovner & Josh Lerner, 2015. "Doing Well by Doing Good? Community Development Venture Capital," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(3), pages 643-663, September.
    See citations under working paper version above.
  15. Fang, Lily & Ivashina, Victoria & Lerner, Josh, 2015. "The disintermediation of financial markets: Direct investing in private equity," Journal of Financial Economics, Elsevier, vol. 116(1), pages 160-178.
    See citations under working paper version above.
  16. Josh Lerner & Jean Tirole, 2015. "Standard-Essential Patents," Journal of Political Economy, University of Chicago Press, vol. 123(3), pages 547-586.
    See citations under working paper version above.
  17. William R. Kerr & Josh Lerner & Antoinette Schoar, 2014. "The Consequences of Entrepreneurial Finance: Evidence from Angel Financings," The Review of Financial Studies, Society for Financial Studies, vol. 27(1), pages 20-55, January.

    Cited by:

    1. Ewens, Michael & Nanda, Ramana & Rhodes-Kropf, Matthew, 2018. "Cost of experimentation and the evolution of venture capital," Journal of Financial Economics, Elsevier, vol. 128(3), pages 422-442.
    2. Riccardo Crescenzi & Luisa Gagliardi, 2015. "Moving People with Ideas - Innovation, Inter-regional Mobility and Firm Heterogeneity," SERC Discussion Papers 0174, Centre for Economic Performance, LSE.
    3. William R. Kerr & Ramana Nanda, 2014. "Financing Innovation," NBER Working Papers 20676, National Bureau of Economic Research, Inc.
    4. Matthew Lee & Laura Huang, 2018. "Gender Bias, Social Impact Framing, and Evaluation of Entrepreneurial Ventures," Organization Science, INFORMS, vol. 29(1), pages 1-16, February.
    5. Raffaello Bronzini & Gianpaolo Caramellino & Silvia Magri, 2017. "Venture capitalists at work: what are the effects on the firms they finance?," Temi di discussione (Economic working papers) 1131, Bank of Italy, Economic Research and International Relations Area.
    6. John Donovan, 2021. "Financial Reporting and Entrepreneurial Finance: Evidence from Equity Crowdfunding," Management Science, INFORMS, vol. 67(11), pages 7214-7237, November.
    7. Yuegang Song & Songlin Jin & Zhenhui Li, 2022. "Venture Capital and Chinese Firms’ Technological Innovation Capability: Effective Evaluation and Mechanism Verification," Sustainability, MDPI, vol. 14(16), pages 1-20, August.
    8. Albert Banal-Estañol & Inés Macho-Stadler & Jonás Nieto-Postigo & David Pérez-Castrillo, 2019. "Early Individual Stakeholders, First Venture Capital Investment, and Exit in the UK Startup Ecosystem," Working Papers 1127, Barcelona School of Economics.
    9. Zhao, Bo & Ziedonis, Rosemarie, 2020. "State governments as financiers of technology startups: Evidence from Michigan's R&D loan program," Research Policy, Elsevier, vol. 49(4).
    10. Dutta, Sourish, 2019. "Financing Innovation: A Complex Nexus of Risk & Reward," OSF Preprints sdxqv, Center for Open Science.
    11. Andersson, Fredrik W. & Lodefalk, Magnus, 2020. "Business Angels and Firm Performance: First Evidence from Population Data," Ratio Working Papers 342, The Ratio Institute.
    12. Block, Joern & Fisch, Christian & Vismara, Silvio & Andres, René, 2019. "Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 329-352.
    13. Stephen G. Dimmock & Jiekun Huang & Scott J. Weisbenner, 2022. "Give Me Your Tired, Your Poor, Your High-Skilled Labor: H-1B Lottery Outcomes and Entrepreneurial Success," Management Science, INFORMS, vol. 68(9), pages 6950-6970, September.
    14. Daniel Ratzinger & Kevin Amess & Andrew Greenman & Simon Mosey, 2018. "The impact of digital start-up founders’ higher education on reaching equity investment milestones," The Journal of Technology Transfer, Springer, vol. 43(3), pages 760-778, June.
    15. Bronzini, Raffaello & Caramellino, Gianpaolo & Magri, Silvia, 2020. "Venture capitalists at work: A diff-in-diff approach at late-stages of the screening process," Journal of Business Venturing, Elsevier, vol. 35(3).
    16. Kim, Jin-Hyuk & Wagman, Liad, 2016. "Early-stage entrepreneurial financing: A signaling perspective," Journal of Banking & Finance, Elsevier, vol. 67(C), pages 12-22.
    17. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    18. Barrios, John M. & Choi, Jung Ho & Hochberg, Yael V. & Kim, Jinhwan & Liu, Miao, 2020. "Informing Entrepreneurs: Public Corporate Disclosure and New Business Formation," Research Papers 3917, Stanford University, Graduate School of Business.
    19. Michael Ewens & Joan Farre-Mensa, 2021. "Private or Public Equity? The Evolving Entrepreneurial Finance Landscape," NBER Working Papers 29532, National Bureau of Economic Research, Inc.
    20. Douglas J. Cumming & Alexander Groh, 2018. "Entrepreneurial finance : Unifying themes and future directions," Post-Print hal-02312152, HAL.
    21. Carlino, Gerald & Kerr, William R., 2015. "Agglomeration and innovation," Bank of Finland Research Discussion Papers 27/2015, Bank of Finland.
    22. Edwards, Alexander & Todtenhaupt, Maximilian, 2020. "Capital gains taxation and funding for start-ups," Journal of Financial Economics, Elsevier, vol. 138(2), pages 549-571.
    23. McKenzie, David & Sansone, Dario, 2019. "Predicting entrepreneurial success is hard: Evidence from a business plan competition in Nigeria," Journal of Development Economics, Elsevier, vol. 141(C).
    24. Carpentier, Cécile & Suret, Jean-Marc, 2015. "Angel group members' decision process and rejection criteria: A longitudinal analysis," Journal of Business Venturing, Elsevier, vol. 30(6), pages 808-821.
    25. Muhammad Sualeh Khattak & Muhammad Anwar & Thomas Clauß, 2021. "The Role of Entrepreneurial Finance in Corporate Social Responsibility and New Venture Performance in an Emerging Market," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 30(2), pages 336-366, September.
    26. F.H.J. Polzin & H.S. Toxopeus & F.C. Stam, 2016. "The wisdom of the crowd in funding:: Information heterogeneity and social networks of crowdfunder," Working Papers 16-15, Utrecht School of Economics.
    27. Martin Pereyra & Diego Aboal & Flavia Rovira, 2021. "How effective are training and mentorship programs for entrepreneurs at promoting entrepreneurial activity? An impact evaluation," SN Business & Economics, Springer, vol. 1(7), pages 1-21, July.
    28. William R. Kerr & Ramana Nanda & Matthew Rhodes-Kropf, 2014. "Entrepreneurship as Experimentation," Journal of Economic Perspectives, American Economic Association, vol. 28(3), pages 25-48, Summer.
    29. Qin, Fei & Mickiewicz, Tomasz & Estrin, Saul, 2022. "Homophily and peer influence in early-stage new venture informal investment," LSE Research Online Documents on Economics 110890, London School of Economics and Political Science, LSE Library.
    30. Graddy-Reed, Alexandra & Lanahan, Lauren & D'Agostino, Jesse, 2021. "Training across the academy: The impact of R&D funding on graduate students," Research Policy, Elsevier, vol. 50(5).
    31. Bryan Malki & Timur Uman & Daniel Pittino, 2022. "The entrepreneurial financing of the immigrant entrepreneurs: a literature review," Small Business Economics, Springer, vol. 58(3), pages 1337-1365, March.
    32. Michael M. Moedl, 2021. "Two’s a company, three’s a crowd: Deal breaker terms in equity crowdfunding for prospective venture capital," Small Business Economics, Springer, vol. 57(2), pages 927-952, August.
    33. Hvide, Hans K. & Meling, Tom G., 2019. "Do Temporary Demand Shocks have Long-Term Effects for Startups?," Working Papers in Economics 6/19, University of Bergen, Department of Economics.
    34. Kraemer-Eis, Helmut & Lang, Frank & Torfs, Wouter & Gvetadze, Salome, 2015. "European Small Business Finance Outlook: December 2015," EIF Working Paper Series 2015/32, European Investment Fund (EIF).
    35. McKenzie, David & Sansone, Dario, 2017. "Man vs. Machine in Predicting Successful Entrepreneurs: Evidence from a Business Plan Competition in Nigeria," CEPR Discussion Papers 12523, C.E.P.R. Discussion Papers.
    36. Shawn Cole & Martin Melecky & Florian Mölders & Tristan Reed, 2020. "Long-run Returns to Impact Investing in Emerging Markets and Developing Economies," NBER Working Papers 27870, National Bureau of Economic Research, Inc.
    37. Massimo G. Colombo & Kourosh Shafi, 2021. "Receiving external equity following successfully crowdfunded technological projects: an informational mechanism," Small Business Economics, Springer, vol. 56(4), pages 1507-1529, April.
    38. Hellmann, Thomas & Thiele, Veikko, 2015. "Friends or foes? The interrelationship between angel and venture capital markets," Journal of Financial Economics, Elsevier, vol. 115(3), pages 639-653.
    39. Solodoha, Eliran & Rosenzweig, Stav & Harel, Shai, 2023. "Incentivizing angels to invest in start-ups: Evidence from a natural experiment," Research Policy, Elsevier, vol. 52(1).
    40. Riepe, Jan & Uhl, Kristina, 2020. "Startups’ demand for non-financial resources: Descriptive evidence from an international corporate venture capitalist," Finance Research Letters, Elsevier, vol. 36(C).
    41. Carmen Cotei & Joseph Farhat, 2018. "The M&A exit outcomes of new, young firms," Small Business Economics, Springer, vol. 50(3), pages 545-567, March.
    42. Christian Catalini & Jorge Guzman & Scott Stern, 2019. "Hidden in Plain Sight: Venture Growth with or without Venture Capital," NBER Working Papers 26521, National Bureau of Economic Research, Inc.
    43. Erin L. Scott & Pian Shu & Roman M. Lubynsky, 2015. "Are “Better” Ideas More Likely to Succeed? An Empirical Analysis of Startup Evaluation," Harvard Business School Working Papers 16-013, Harvard Business School.
    44. Gary Dushnitsky & Evila Piva & Cristina Rossi‐Lamastra, 2022. "Investigating the mix of strategic choices and performance of transaction platforms: Evidence from the crowdfunding setting," Strategic Management Journal, Wiley Blackwell, vol. 43(3), pages 563-598, March.
    45. Butticè, Vincenzo & Croce, Annalisa & Ughetto, Elisa, 2021. "Network dynamics in business angel group investment decisions," Journal of Corporate Finance, Elsevier, vol. 66(C).
    46. Quoc-Anh Do & Yen-Teik Lee & Bang Dang Nguyen, 2015. "Political Connections and Firm Value: Evidence from the Regression Discontinuity Design of Close Gubernatorial Elections," SciencePo Working papers Main hal-03459955, HAL.
    47. Zaccaria, Luana, 2023. "Are family and friends the wrong investors? Evidence from U.S. start-ups," Journal of Corporate Finance, Elsevier, vol. 79(C).
    48. Laura Toschi & Elisa Ughetto & Andrea Fronzetti Colladon, 2023. "The identity of social impact venture capitalists: exploring social linguistic positioning and linguistic distinctiveness through text mining," Small Business Economics, Springer, vol. 60(3), pages 1249-1280, March.
    49. van Rijnsoever, Frank J., 2022. "Intermediaries for the greater good: How entrepreneurial support organizations can embed constrained sustainable development startups in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 51(2).
    50. Gonzalez-Uribe, Juanita & Leatherbee, Michael, 2018. "The effects of business accelerators on venture performance: evidence from start-up Chile," LSE Research Online Documents on Economics 84553, London School of Economics and Political Science, LSE Library.
    51. Newbert, Scott L. & Kher, Romi & Yang, Shu, 2022. "Now that's interesting and important! Moving beyond averages to increase the inferential value of empirical findings in entrepreneurship research," Journal of Business Venturing, Elsevier, vol. 37(2).
    52. Berger, Marius & Hottenrott, Hanna, 2021. "Start-up subsidies and the sources of venture capital," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    53. Murray, Gordon, 2020. "Ten Meditations on (Public) Venture Capital – Revisited," MPRA Paper 104389, University Library of Munich, Germany.
    54. Kim, Jin-Hyuk & Wagman, Liad, 2014. "Portfolio size and information disclosure: An analysis of startup accelerators," Journal of Corporate Finance, Elsevier, vol. 29(C), pages 520-534.
    55. Angela Cipollone & Paolo E. Giordani, 2016. "When Entrepreneurs Meet Financiers: Evidence from the Business Angel Market," Working Papers CELEG 1601, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    56. Niccolò Ghio & Massimiliano Guerini & Cristina Rossi-Lamastra, 2019. "The creation of high-tech ventures in entrepreneurial ecosystems: exploring the interactions among university knowledge, cooperative banks, and individual attitudes," Small Business Economics, Springer, vol. 52(2), pages 523-543, February.
    57. Raymond C. Niles, 2018. "Entrepreneurial Discovery Capital," Working Papers 2018-03, DePauw University, School of Business and Leadership and Department of Economics and Management.
    58. Dautović, Ernest & Cusolito, Ana Paula & McKenzie, David, 2020. "Can government intervention make firms more investment-ready? A randomized experiment in the Western Balkans," Working Paper Series 2391, European Central Bank.
    59. Quignon, Aurelien, 2023. "Crowd-based feedback and early-stage entrepreneurial performance: Evidence from a digital platform," Research Policy, Elsevier, vol. 52(7).
    60. van Rijnsoever, Frank J., 2020. "Meeting, mating, and intermediating: How incubators can overcome weak network problems in entrepreneurial ecosystems," Research Policy, Elsevier, vol. 49(1).
    61. Véronique Bessière & Marie Gomez Breysse & Karim Messeghem & Andry Ramaroson & Sylvie Sammut, 2017. "Drivers of growth: the case of French academic spin-off," Post-Print hal-01995316, HAL.
    62. Fabrice Gilles & Yannick L'Horty & Ferhat Mihoubi, 2021. "The Effects of the Non-Financial Component of Business Accelerators," TEPP Working Paper 2021-06, TEPP.
    63. Karl Taeuscher & Hannes Rothe, 2021. "Optimal distinctiveness in platform markets: Leveraging complementors as legitimacy buffers," Strategic Management Journal, Wiley Blackwell, vol. 42(2), pages 435-461, February.
    64. Lall, Saurabh A. & Chen, Li-Wei & Roberts, Peter W., 2020. "Are we accelerating equity investment into impact-oriented ventures?," World Development, Elsevier, vol. 131(C).
    65. Lefebvre, Vincent & Certhoux, Gilles & Radu-Lefebvre, Miruna, 2022. "Sustaining trust to cross the Valley of Death: A retrospective study of business angels’ investment and reinvestment decisions," Technovation, Elsevier, vol. 109(C).
    66. Cox, Kevin C. & Lortie, Jason & Stewart, Steven A., 2017. "When to pray to the angels for funding: The seasonality of angel investing in new ventures," Journal of Business Venturing Insights, Elsevier, vol. 7(C), pages 68-76.
    67. Thomas Hellmann & Veikko Thiele, 2019. "Fostering Entrepreneurship: Promoting Founding or Funding?," Management Science, INFORMS, vol. 67(6), pages 2502-2521, June.
    68. Joshua Krieger & Ramana Nanda & Ian Hunt & Aimee Reynolds & Peter Tarsa, 2022. "Scoring and Funding Breakthrough Ideas: Evidence from a Global Pharmaceutical Company," Harvard Business School Working Papers 23-014, Harvard Business School, revised Nov 2023.
    69. Peter‐Jan Engelen & Michele Meoli & Andrea Signori & Silvio Vismara, 2020. "The effects of stricter regulation on the going public decision of small and knowledge‐intensive firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 47(1-2), pages 188-217, January.
    70. Veroniek Collewaert & Harry J. Sapienza, 2016. "How Does Angel Investor–Entrepreneur Conflict Affect Venture Innovation? It Depends," Entrepreneurship Theory and Practice, , vol. 40(3), pages 573-597, May.
    71. Vincent Lefebvre & Gilles Certhoux & Miruna Radu-Lefebvre, 2022. "Sustaining trust to cross the Valley of Death: A retrospective study of business angels’ investment and reinvestment decisions," Post-Print hal-03545529, HAL.
    72. Peter Wirtz & Christophe Bonnet & Laurence Cohen & Christophe Haon, 2020. "Investing Human Capital: Angel Cognition and Active Involvement in Business Angel Groups," Post-Print halshs-02374570, HAL.
    73. Ali-Yrkkö, Jyrki & Pajarinen, Mika & Ylhäinen, Ilkka, 2019. "Business Angel Investment, Public Innovation Funding and Firm Growth," ETLA Reports 97, The Research Institute of the Finnish Economy.
    74. Ana Venâncio & João Jorge, 2022. "The role of accelerator programmes on the capital structure of start-ups," Small Business Economics, Springer, vol. 59(3), pages 1143-1167, October.
    75. Söderblom, Anna & Samuelsson, Mikael & Wiklund, Johan & Sandberg, Rickard, 2015. "Inside the black box of outcome additionality: Effects of early-stage government subsidies on resource accumulation and new venture performance," Research Policy, Elsevier, vol. 44(8), pages 1501-1512.
    76. Kaminski, Jermain & Hopp, Christian & Tykvová, Tereza, 2019. "New technology assessment in entrepreneurial financing – Does crowdfunding predict venture capital investments?," Technological Forecasting and Social Change, Elsevier, vol. 139(C), pages 287-302.
    77. Cipollone, Angela & Giordani, Paolo E., 2019. "Entrepreneurs meet financiers: Evidence from the business angel market," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    78. Quoc-Anh Do & Yen-Teik Lee & Bang Dang Nguyen, 2016. "Directors as Connectors: The Impact of the External Networks of Directors on Firms," Working Papers hal-03393196, HAL.
    79. Deepak Hegde & Justin Tumlinson, 2021. "Information frictions and entrepreneurship," Strategic Management Journal, Wiley Blackwell, vol. 42(3), pages 491-528, March.
    80. Jian Jia & Ginger Zhe Jin & Liad Wagman, 2018. "The Short-Run Effects of GDPR on Technology Venture Investment," NBER Working Papers 25248, National Bureau of Economic Research, Inc.
    81. Ewens, Michael, 2022. "Race and Gender in Entrepreneurial Finance," SocArXiv djf8z, Center for Open Science.
    82. Wentao Gu & Xuzheng Qian & Junpeng Lu, 2018. "Venture capital and entrepreneurship: a conceptual model and research suggestions," International Entrepreneurship and Management Journal, Springer, vol. 14(1), pages 35-50, March.
    83. Dutta, Supradeep & Folta, Timothy B., 2016. "A comparison of the effect of angels and venture capitalists on innovation and value creation," Journal of Business Venturing, Elsevier, vol. 31(1), pages 39-54.
    84. Gantenbein,, 2016. "Unternehmerisches Finanzmanagement – Meilensteine der Entwicklung," Die Unternehmung - Swiss Journal of Business Research and Practice, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 70(4), pages 387-406.
    85. Ikenna Uzuegbunam & Brandon Ofem & Joe Fox & Satish Nambisan, 2023. "The angels’ share hypothesis in new firms," Small Business Economics, Springer, vol. 61(2), pages 843-865, August.
    86. Battisti, Enrico & Alfiero, Simona & Quaglia, Roberto & Yahiaoui, Dorra, 2022. "Financial performance and global start-ups: the impact of knowledge management practices," Journal of International Management, Elsevier, vol. 28(4).
    87. Engineer, Merwan H. & Schure, Paul & Vo, Dan H., 2019. "Hide and seek search: Why angels hide and entrepreneurs seek," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 523-540.
    88. Edwards, Alexander & Todtenhaupt, Maximilian, 2018. "Capital gains taxation and funding for start-ups," ZEW Discussion Papers 18-046, ZEW - Leibniz Centre for European Economic Research.
    89. Sanchez-Ruiz, Paul & Wood, Matthew S. & Long-Ruboyianes, Anna, 2021. "Persuasive or polarizing? The influence of entrepreneurs' use of ingratiation rhetoric on investor funding decisions," Journal of Business Venturing, Elsevier, vol. 36(4).
    90. Amaya, Diego & Brolley, Michael & Smith, Brian F., 2020. "Diamonds in the rough: The value of scouting for early-stage funding," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    91. Ring, Marius, 2019. "Entrepreneurial Wealth and Employment: Tracing Out the Effects of a Stock Market Crash," MPRA Paper 107020, University Library of Munich, Germany, revised 06 Apr 2021.
    92. Chemmanur, Thomas J. & Hull, Tyler J. & Krishnan, Karthik, 2016. "Do local and international venture capitalists play well together? The complementarity of local and international venture capitalists," Journal of Business Venturing, Elsevier, vol. 31(5), pages 573-594.
    93. Block, Jörn H. & Fisch, Christian O. & Obschonka, Martin & Sandner, Philipp G., 2019. "A personality perspective on business angel syndication✰," Journal of Banking & Finance, Elsevier, vol. 100(C), pages 306-327.
    94. Yang, Ann Shawing & Okada, Hiromu, 2019. "Corporate innovations as institutional anomie: Patent activities and financial performance of the international aerospace industry," Finance Research Letters, Elsevier, vol. 28(C), pages 328-336.
    95. Harjum Muharam & Maria Rio Rita & Isfenti Sadalia & Asep Mulyana & Mohamad Nur Utomo, 2020. "The Role of Business Strategies and Financial Decisions in Preparing for International Market Entry and Improving SMEs¡¯ Performance: An Entrepreneurial Finance Perspective," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 376-391, October.
    96. Roma, Paolo & Vasi, Maria & Kolympiris, Christos, 2021. "On the signaling effect of reward-based crowdfunding: (When) do later stage venture capitalists rely more on the crowd than their peers?," Research Policy, Elsevier, vol. 50(6).
    97. Sascha O Becker & Hans K Hvide, 2022. "Entrepreneur Death and Startup Performance [The knowledge spillover theory of entrepreneurship]," Review of Finance, European Finance Association, vol. 26(1), pages 163-185.
    98. Baghai, Ramin & Silva, Rui & Ye, Luofu, 2018. "Teams and Bankruptcy," CEPR Discussion Papers 13198, C.E.P.R. Discussion Papers.
    99. David Leong, 2023. "Action in Complexity: Entanglement and Emergent Order in Entrepreneurship," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 32(1), pages 182-217, March.
    100. Cowling, Marc & Brown, Ross & Lee, Neil, 2021. "The geography of business angel investments in the UK: does local bias (still) matter?," LSE Research Online Documents on Economics 107814, London School of Economics and Political Science, LSE Library.
    101. Barbi, Massimiliano & Mattioli, Sara, 2019. "Human capital, investor trust, and equity crowdfunding," Research in International Business and Finance, Elsevier, vol. 49(C), pages 1-12.
    102. Doblinger, Claudia & Surana, Kavita & Anadon, Laura Diaz, 2019. "Governments as partners: The role of alliances in U.S. cleantech startup innovation," Research Policy, Elsevier, vol. 48(6), pages 1458-1475.
    103. Koski, Heli & Kässi, Otto & Braesemann, Fabian, 2020. "Killers on the Road of Emerging Start-ups – Implications for Market Entry and Venture Capital Financing," ETLA Working Papers 81, The Research Institute of the Finnish Economy.
    104. Lahr, Henry & Mina, Andrea, 2016. "Venture capital investments and the technological performance of portfolio firms," Research Policy, Elsevier, vol. 45(1), pages 303-318.
    105. Daniel Blaseg & Lars Hornuf, 2024. "Playing the Business Angel: The Impact of Well-Known Business Angels on Venture Performance," Entrepreneurship Theory and Practice, , vol. 48(1), pages 171-204, January.
    106. Dudley, Evan, 2021. "Social capital and entrepreneurial financing choice," Journal of Corporate Finance, Elsevier, vol. 70(C).
    107. Robert N. Eberhart & Charles E. Eesley, 2018. "The dark side of institutional intermediaries: Junior stock exchanges and entrepreneurship," Strategic Management Journal, Wiley Blackwell, vol. 39(10), pages 2643-2665, October.
    108. Kraemer-Eis, Helmut & Lang, Frank & Torfs, Wouter & Gvetadze, Salome, 2017. "European Small Business Finance Outlook: June 2017," EIF Working Paper Series 2017/43, European Investment Fund (EIF).
    109. Gurupdesh Pandher, 2019. "Financier Search and Boundaries of the Angel and VC Markets," Entrepreneurship Theory and Practice, , vol. 43(6), pages 1223-1249, November.
    110. Gonzalez-Uribe, Juanita & Hmaddi, Ouafaa, 2022. "The multi-dimensional impacts of business accelerators: what does the research tell us?," LSE Research Online Documents on Economics 115461, London School of Economics and Political Science, LSE Library.

  18. Steven J. Davis & John Haltiwanger & Kyle Handley & Ron Jarmin & Josh Lerner & Javier Miranda, 2014. "Private Equity, Jobs, and Productivity," American Economic Review, American Economic Association, vol. 104(12), pages 3956-3990, December.
    See citations under working paper version above.
  19. Josh Lerner & Joacim Tåg, 2013. "Institutions and venture capital," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(1), pages 153-182, February.
    See citations under working paper version above.
  20. Shai Bernstein & Josh Lerner & Antoinette Schoar, 2013. "The Investment Strategies of Sovereign Wealth Funds," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 219-238, Spring.
    See citations under working paper version above.
  21. Josh Lerner & Scott Stern, 2013. "Innovation Policy and the Economy: Introduction to Volume 13," Innovation Policy and the Economy, University of Chicago Press, vol. 13(1), pages 1-1.

    Cited by:

    1. Robert-Nicoud, Frédéric & Kerr, William, 2019. "Tech Clusters," CEPR Discussion Papers 14143, C.E.P.R. Discussion Papers.
    2. Paul Hünermund & Dirk Czarnitzki, 2016. "Estimating the local average treatment effect of R&D subsidies in a pan-European program," Working Papers of Department of Management, Strategy and Innovation, Leuven 541177, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    3. Nachiket Bhawe & Shaker A. Zahra & Chen Chao & Garry D. Bruton, 2021. "Protectionist policies and diversity of entrepreneurial types," Small Business Economics, Springer, vol. 56(2), pages 789-807, February.
    4. Ron Crawford, 2021. "Focused innovation policy: Lessons from international experience," Working Papers 2021/03, New Zealand Productivity Commission.

  22. Josh Lerner & Ulrike Malmendier, 2013. "With a Little Help from My (Random) Friends: Success and Failure in Post-Business School Entrepreneurship," The Review of Financial Studies, Society for Financial Studies, vol. 26(10), pages 2411-2452.
    See citations under working paper version above.
  23. Josh Lerner, 2013. "The Boulevard of Broken Dreams: Innovation Policy and Entrepreneurship," Innovation Policy and the Economy, University of Chicago Press, vol. 13(1), pages 61-82.

    Cited by:

    1. André Pahnke & Friederike Welter, 2019. "The German Mittelstand: antithesis to Silicon Valley entrepreneurship?," Small Business Economics, Springer, vol. 52(2), pages 345-358, February.
    2. Jorge Guzman & Fiona Murray & Scott Stern & Heidi Williams, 2023. "Accelerating Innovation Ecosystems: The Promise and Challenges of Regional Innovation Engines," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 3, pages 9-75, National Bureau of Economic Research, Inc.
    3. Marios-Panagiotis Efthymiopoulos, 2016. "Cyber-security in smart cities: the case of Dubai," Journal of Innovation and Entrepreneurship, Springer, vol. 5(1), pages 1-16, December.
    4. Mikhail Yakovlevich Veselovsky & Mikhail Sergeyevich Abrashkin & Dmitry Stanislavovich Vakhrushev & Lyudmila Borisovna Parfenova & Andrey Yuryevich Volkov, 2017. "Knowledge-Based Engineering as a Driver of Economic Development of the Regions of Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 66-85.
    5. Paul Hünermund & Dirk Czarnitzki, 2016. "Estimating the local average treatment effect of R&D subsidies in a pan-European program," Working Papers of Department of Management, Strategy and Innovation, Leuven 541177, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    6. Torregrosa, Sara & Pelkonen, Antti & Oksanen, Juha & Kander, Astrid, 2017. "Impact of innovation policy on firm innovation – A comparison of Finland and Sweden, 1970-2013," Lund Papers in Economic History 160, Lund University, Department of Economic History.
    7. Nachiket Bhawe & Shaker A. Zahra & Chen Chao & Garry D. Bruton, 2021. "Protectionist policies and diversity of entrepreneurial types," Small Business Economics, Springer, vol. 56(2), pages 789-807, February.
    8. Ron Crawford, 2021. "Focused innovation policy: Lessons from international experience," Working Papers 2021/03, New Zealand Productivity Commission.
    9. Pahnke, André & Welter, Friederike, 2019. "The German Mittelstand: Antithesis to the Silicon Valley entrepreneurship model?," Working Papers 01/19, Institut für Mittelstandsforschung (IfM) Bonn.
    10. Mehmet Nasih TAĞ & Duygu HIDIROĞLU, 2020. "The Playing Field of Innovative Entrepreneurship: A Multilevel Analysis of Institutional Effects on Female Entrepreneurship," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(44).

  24. Kristle Romero Cortés & Josh Lerner, 2013. "Bridging the Gap? Government Subsidized Lending and Access to Capital," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 2(1), pages 98-128.
    See citations under working paper version above.
  25. Lily Fang & Victoria Ivashina & Josh Lerner, 2013. "Combining Banking with Private Equity Investing," The Review of Financial Studies, Society for Financial Studies, vol. 26(9), pages 2139-2173.
    See citations under working paper version above.
  26. Josh Lerner & Morten Sorensen & Per Stromberg, 2013. "Private Equity and Investment in Innovation: Evidence from Patents," Journal of Applied Corporate Finance, Morgan Stanley, vol. 25(2), pages 95-102, June.

    Cited by:

    1. Honjo, Yuji, 2021. "The impact of founders’ human capital on initial capital structure: Evidence from Japan," Technovation, Elsevier, vol. 100(C).
    2. Bostan, Ibrahim & Spatareanu, Mariana, 2018. "Financing innovation through minority acquisitions," International Review of Economics & Finance, Elsevier, vol. 57(C), pages 418-432.

  27. Emmanuel Farhi & Josh Lerner & Jean Tirole, 2013. "Fear of rejection? Tiered certification and transparency," RAND Journal of Economics, RAND Corporation, vol. 44(4), pages 610-631, December.
    See citations under working paper version above.
  28. Daniel W. Elfenbein & Josh Lerner, 2012. "Exclusivity, Contingent Control Rights, and the Design of Internet Portal Alliances," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 28(1), pages 45-76.

    Cited by:

    1. Carolin Haeussler & Matthew J. Higgins, 2014. "Strategic Alliances: Trading Ownership for Capabilities," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(1), pages 178-203, March.
    2. Di Giannatale, Paolo & Passarelli, Francesco, 2014. "Integration Contracts and Asset Complementarity: Theory and Evidence from US Data," MPRA Paper 57575, University Library of Munich, Germany.
    3. Muriel Fadairo & Jianyu Yu & Cintya Lanchimba, 2017. "The Choice of Exclusive Dealing: Economic Rationales and Evidence from French Retail Chains," Post-Print halshs-01524163, HAL.
    4. Belderbos, René & Cassiman, Bruno & Faems, Dries & Leten, Bart & Van Looy, Bart, 2014. "Co-ownership of intellectual property: Exploring the value-appropriation and value-creation implications of co-patenting with different partners," Research Policy, Elsevier, vol. 43(5), pages 841-852.
    5. Guo, Di & Hua, Xinyu & Jiang, Kun, 2017. "Agency and strategic contracts: Theory and evidence from R&D agreements in the pharmaceutical industry," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 37-64.
    6. Bart S. Vanneste & Douglas H. Frank, 2014. "Forgiveness in Vertical Relationships: Incentive and Termination Effects," Organization Science, INFORMS, vol. 25(6), pages 1807-1822, December.
    7. Massimo G. Colombo & Evila Piva, 2019. "Knowledge misappropriation risks and contractual complexity in entrepreneurial ventures’ non-equity alliances," Small Business Economics, Springer, vol. 53(1), pages 107-127, June.
    8. Devarakonda, Ramakrishna & Reuer, Jeffrey J. & Tadikonda, Harsha, 2022. "Founder social capital and value appropriation in R&D alliance agreements," Research Policy, Elsevier, vol. 51(4).

  29. Liam Brunt & Josh Lerner & Tom Nicholas, 2012. "Inducement Prizes and Innovation," Journal of Industrial Economics, Wiley Blackwell, vol. 60(4), pages 657-696, December.
    See citations under working paper version above.
  30. Josh Lerner & Scott Stern, 2012. "Innovation Policy and the Economy: Introduction to Volume 12," Innovation Policy and the Economy, University of Chicago Press, vol. 12(1), pages 1-1.

    Cited by:

    1. Pierre Lortie, 2019. "Nurturing Global Growth Companies: Time For A New Policy Toolkit," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 12(27), September.

  31. Josh Lerner & Scott Stern, 2011. "Innovation Policy and the Economy: Introduction to Volume 11," Innovation Policy and the Economy, University of Chicago Press, vol. 11(1), pages 1-1.

    Cited by:

    1. Clancy, Matthew S., 2015. "Combinatorial innovation, evidence from patent data, and mandated innovation," ISU General Staff Papers 201501010800005678, Iowa State University, Department of Economics.

  32. Fritsch, Michael, 2011. "Josh Lerner, Boulevard of Broken Dreams. Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed - and What to Do About It , Princeton University Press, Princeton, N.J. (2009) ISB," Economic Systems, Elsevier, vol. 35(3), pages 441-443, September.

    Cited by:

    1. Paolo Finaldi Russo & Silvia Magri & Cristiana Rampazzi, 2016. "Innovative start-ups in Italy: their special features and the effects of the 2012 law," Questioni di Economia e Finanza (Occasional Papers) 339, Bank of Italy, Economic Research and International Relations Area.

  33. Layne-Farrar, Anne & Lerner, Josh, 2011. "To join or not to join: Examining patent pool participation and rent sharing rules," International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 294-303, March.

    Cited by:

    1. Baron, Justus & Ménière, Yann & Pohlmann, Tim, 2014. "Standards, consortia, and innovation," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 22-35.
    2. Fosfuri, A. & Helmers, C. & Roux, C., 2012. "Are joint patents collusive? Evidence from the US and Europe," Discussion Paper 2012-035, Tilburg University, Tilburg Law and Economic Center.
    3. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    4. David Encaoua & Thierry Madiès, 2012. "Dysfunctions of the patent system and their effects on competition," Working Papers halshs-00740716, HAL.
    5. Wipusanawan, Chayanin, 2023. "Standard-essential patents, innovation, and competition," Other publications TiSEM 292e319a-9e6a-4465-8f8f-7, Tilburg University, School of Economics and Management.
    6. Gallini, Nancy, 2014. "Cooperating with competitors: Patent pooling and choice of a new standard," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 4-21.
    7. Hiroshi Kitamura & Noriaki Matsushima & Misato Sato, 2013. "How Does Downstream Firms' Efficiency Affect Exclusive Supply Agreements?," ISER Discussion Paper 0878r, Institute of Social and Economic Research, Osaka University, revised Sep 2015.
    8. Munirul Nabin & Pasquale Sgro & Surjasama Lahiri, 2023. "The role of standard‐setting organizations in deciding product quality and process innovation," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(4), pages 767-786, December.
    9. Justus Baron & Yann Ménière & Tim Pohlmann, 2012. "Joint innovation in ICT standards: How consortia drive the volume of patent filings," Working Papers hal-00707291, HAL.
    10. Andrei Hagiu & David B. Yoffie, 2013. "The New Patent Intermediaries: Platforms, Defensive Aggregators, and Super-Aggregators," Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 45-66, Winter.
    11. Falk Nathan & Train Kenneth, 2017. "Patent Valuation with Forecasts of Forward Citations," Journal of Business Valuation and Economic Loss Analysis, De Gruyter, vol. 12(1), pages 101-121, February.
    12. Chryssoula Pentheroudakis & Justus A. Baron, 2016. "Licensing Terms of Standard Essential Patents: A Comprehensive Analysis of Cases," JRC Research Reports JRC104068, Joint Research Centre.
    13. Arijit Mukherjee, 2013. "Patent pool under endogenous technology choice," Discussion Paper Series 2013_07, Department of Economics, Loughborough University, revised Jul 2013.
    14. Nancy Gallini, 2017. "Do patents work? Thickets, trolls and antibiotic resistance," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(4), pages 893-926, November.
    15. Ghafele, Roya & Gibert, Benjamin, 2011. "The Transaction Cost Benefits of Electronic Patent Licensing Platforms: A Discussion at the Example of the PatentBooks Model," MPRA Paper 36010, University Library of Munich, Germany, revised 10 Jan 2012.
    16. Bruno Versaevel, 2012. "Patent Pools and Dynamic R&D Incentives," Post-Print halshs-00755661, HAL.
    17. Hougaard, Jens Leth & Ko, Chiu Yu & Zhang, Xuyao, 2023. "A conceptual model for FRAND royalty setting," Mathematical Social Sciences, Elsevier, vol. 123(C), pages 167-176.
    18. Aleksandra Boutin, 2016. "Screening for Good Patent Pools through Price Caps on Individual Licenses," American Economic Journal: Microeconomics, American Economic Association, vol. 8(3), pages 64-94, August.
    19. Schankerman, Mark & Galasso, Alberto, 2020. "Licensing Life-Saving Drugs for Developing Countries: Evidence from the Medicines Patent Pool," CEPR Discussion Papers 15544, C.E.P.R. Discussion Papers.
    20. Chiu Yu Ko & Xuyao Zhang, 2020. "Research joint venture with technology transfer," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(1), pages 341-358, February.
    21. Miao, Chun-Hui, 2016. "Licensing a technology standard," International Journal of Industrial Organization, Elsevier, vol. 47(C), pages 33-61.
    22. Baron, Justus, 2020. "Counting standard contributions to measure the value of patent portfolios - A tale of apples and oranges," Telecommunications Policy, Elsevier, vol. 44(3).
    23. Akifumi Ishihara & Noriyuki Yanagawa, 2013. "Dark Sides of Patent Pools with Compulsory Independent Licensing," CARF F-Series CARF-F-318, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    24. Hall, Bronwyn H. & Helmers, Christian, 2013. "Innovation and diffusion of clean/green technology: Can patent commons help?," Journal of Environmental Economics and Management, Elsevier, vol. 66(1), pages 33-51.
    25. Schmidt, Klaus M., 2009. "Complementary Patents and Market Structure," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 274, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    26. Eric Bahel & Christian Trudeau, 2018. "Consistency requirements and pattern methods in cost sharing problems with technological cooperation," International Journal of Game Theory, Springer;Game Theory Society, vol. 47(3), pages 737-765, September.
    27. Régibeau, Pierre & Gandal, Neil, 2014. "SSOs: Current Policy Issues and Empirical Evidence," CEPR Discussion Papers 9849, C.E.P.R. Discussion Papers.
    28. Seyed H. Hosseini & Richard Gray & Mohammad Torshizi, 2019. "Cross‐licensing agreements in presence of technological improvements," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 67(1), pages 115-130, March.
    29. Yu-Hui Wang, 2016. "Identifying competitive intelligence of collaborative intellectual property alliances: analytic platform and case studies," Information Systems and e-Business Management, Springer, vol. 14(3), pages 491-505, August.
    30. Kim, Bongsun & Kim, Eonsoo & Miller, Douglas J. & Mahoney, Joseph T., 2016. "The impact of the timing of patents on innovation performance," Research Policy, Elsevier, vol. 45(4), pages 914-928.
    31. Andrea Fosfuri & Christian Helmers & Catherine Roux, 2017. "Shared Ownership of Intangible Property Rights: The Case of Patent Coassignments," The Journal of Legal Studies, University of Chicago Press, vol. 46(2), pages 339-369.
    32. Bekkers, Rudi & Tur, Elena M. & Henkel, Joachim & van der Vorst, Tommy & Driesse, Menno & Contreras, Jorge L., 2022. "Overcoming inefficiencies in patent licensing: A method to assess patent essentiality for technical standards," Research Policy, Elsevier, vol. 51(10).
    33. Lampert, Hodaya & Wettstein, David, 2020. "Patents and pools in pyramidal innovation structures," International Journal of Industrial Organization, Elsevier, vol. 69(C).
    34. Michael A. Leeds & Ngoc Tram Nguyen Pham, 2020. "Productivity, Rents, and the Salaries of Group of Five Football Coaches," Journal of Sports Economics, , vol. 21(1), pages 3-19, January.
    35. Koh, Ping-Sheng & Reeb, David M., 2015. "Missing R&D," Journal of Accounting and Economics, Elsevier, vol. 60(1), pages 73-94.
    36. Billette de Villemeur, Etienne & Dequiedt, Vianney & Versaevel, Bruno, 2021. "Better than a compromise, a third way: Using patent pooling to accelerate access to vaccines and treatments against Covid-19," MPRA Paper 117765, University Library of Munich, Germany.
    37. Dr Chiara Rosazza Bondibene, 2012. "A Study of Patent Thickets," National Institute of Economic and Social Research (NIESR) Discussion Papers 401, National Institute of Economic and Social Research.
    38. Justus Baron & Henry Delcamp, 2015. "The strategies of patent introduction into patent pools," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 24(8), pages 776-800, November.
    39. Gastón Llanes & Joaquín Poblete, 2020. "Technology Choice and Coalition Formation in Standards Wars," Journal of Industrial Economics, Wiley Blackwell, vol. 68(2), pages 270-297, June.
    40. Justus Baron & Tim Pohlmann, 2018. "Mapping standards to patents using declarations of standard‐essential patents," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(3), pages 504-534, September.
    41. Huang, Kenneth Guang-Lih & Huang, Can & Shen, Huijun & Mao, Hao, 2021. "Assessing the value of China's patented inventions," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    42. Tesoriere, Antonio, 2019. "Stable sharing rules and participation in pools of essential patents," Games and Economic Behavior, Elsevier, vol. 117(C), pages 40-58.
    43. Heiden, Bowman, 2016. "The viability of FRAND: How the seminal landmark Microsoft ruling could impact the value of standard essential patents and the future of telecom standards," Telecommunications Policy, Elsevier, vol. 40(9), pages 870-887.
    44. Tarantino, Emanuele & Reisinger, Markus, 2016. "Patent Pools in Input Markets," CEPR Discussion Papers 11512, C.E.P.R. Discussion Papers.

  34. Josh Lerner & Morten Sorensen & Per Strömberg, 2011. "Private Equity and Long‐Run Investment: The Case of Innovation," Journal of Finance, American Finance Association, vol. 66(2), pages 445-477, April.
    See citations under working paper version above.
  35. Josh Lerner & Peter Tufano, 2011. "The Consequences of Financial Innovation: A Counterfactual Research Agenda," Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 41-85, December.
    See citations under working paper version above.
  36. Josh Lerner, 2011. "The Future of Private Equity," European Financial Management, European Financial Management Association, vol. 17(3), pages 423-435, June.

    Cited by:

    1. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    2. Henry Lahr & Andrea Mina, 2014. "Liquidity, Technological Opportunities, and the Stage Distribution of Venture Capital Investments," Financial Management, Financial Management Association International, vol. 43(2), pages 291-325, June.
    3. Francis Boadu & Gabriel Dwomoh & Sarpong Appiah & Elizabeth Dwomo-Fokuo, 2014. "Venture Capital Financing: An Opportunity for Small and Medium Scale Enterprises in Ghana," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 1(1), pages 1-15, June.
    4. James Ang & Irena Hutton & Mary Anne Majadillas, 2014. "Manager Divestment in Leveraged Buyouts," European Financial Management, European Financial Management Association, vol. 20(3), pages 462-493, June.
    5. Sonal Pandya & David Leblang, 2017. "Risky business: Institutions vs. social networks in FDI," Economics and Politics, Wiley Blackwell, vol. 29(2), pages 91-117, July.
    6. Pandey, Dharen Kumar & Hunjra, Ahmed Imran & Hassan, M. Kabir & Rai, Varun Kumar, 2023. "Venture capital financing during crises: A bibliometric review," Research in International Business and Finance, Elsevier, vol. 64(C).
    7. Paglia, John K. & Harjoto, Maretno A., 2014. "The effects of private equity and venture capital on sales and employment growth in small and medium-sized businesses," Journal of Banking & Finance, Elsevier, vol. 47(C), pages 177-197.
    8. Ann†Kristin Achleitner & Christian Figge, 2014. "Private Equity Lemons?Evidence on Value Creation in Secondary Buyouts," European Financial Management, European Financial Management Association, vol. 20(2), pages 406-433, March.
    9. Ann‐Kristin Achleitner & Nico Engel & Uwe Reiner, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, John Wiley & Sons, vol. 22(1), pages 20-35, January.
    10. Ranko Jelic & Mike Wright, 2011. "Exits, Performance, and Late Stage Private Equity: the Case of UK Management Buy†outs," European Financial Management, European Financial Management Association, vol. 17(3), pages 560-593, June.
    11. James D. Shilling & C.F. Sirmans & Barrett A. Slade, 2017. "Spatial Correlation in Expected Returns in Commercial Real Estate Markets and the Role of Core Markets," The Journal of Real Estate Finance and Economics, Springer, vol. 54(3), pages 297-337, April.
    12. Lahr, Henry & Mina, Andrea, 2016. "Venture capital investments and the technological performance of portfolio firms," Research Policy, Elsevier, vol. 45(1), pages 303-318.
    13. Achleitner, Ann-Kristin & Engel, Nico & Reiner, Uwe, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, Elsevier, vol. 22(1), pages 20-35.
    14. Ettore Croci & Alfonso Del Giudice, 2014. "Delistings, Controlling Shareholders and Firm Performance in Europe," European Financial Management, European Financial Management Association, vol. 20(2), pages 374-405, March.

  37. Josh Lerner, 2010. "The Litigation of Financial Innovations," Journal of Law and Economics, University of Chicago Press, vol. 53(4), pages 807-831.
    See citations under working paper version above.
  38. Chen, Henry & Gompers, Paul & Kovner, Anna & Lerner, Josh, 2010. "Buy local? The geography of venture capital," Journal of Urban Economics, Elsevier, vol. 67(1), pages 90-102, January.

    Cited by:

    1. Yating Li & Martin Kenney & Donald Patton & Abraham Song, 2023. "Entrepreneurial ecosystems and industry knowledge: does the winning region take all?," Small Business Economics, Springer, vol. 61(1), pages 153-172, June.
    2. Ying Wang & Jing Zhao, 2015. "Hedge Funds and Corporate Innovation," Financial Management, Financial Management Association International, vol. 44(2), pages 353-385, June.
    3. Gompers, Paul A. & Mukharlyamov, Vladimir & Xuan, Yuhai, 2016. "The cost of friendship," Journal of Financial Economics, Elsevier, vol. 119(3), pages 626-644.
    4. Simon K. Medcalfe & Mark A. Thompson, 2017. "Further evidence on the geographical concentration of venture capital investments," Letters in Spatial and Resource Sciences, Springer, vol. 10(2), pages 229-235, July.
    5. Bottazzi, L. & Da Rin, M. & Hellmann, T., 2010. "The Importance of Trust for Investment : Evidence From Venture Capital (Revision of DP 2009-43)," Discussion Paper 2010-49, Tilburg University, Center for Economic Research.
    6. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    7. Salim Chahine & Yan (Anthea) Zhang, 2020. "Change gears before speeding up: The roles of Chief Executive Officer human capital and venture capitalist monitoring in Chief Executive Officer change before initial public offering," Strategic Management Journal, Wiley Blackwell, vol. 41(9), pages 1653-1681, September.
    8. Boubaker, Sabri & Derouiche, Imen & Lasfer, Meziane, 2015. "Geographic location, excess control rights, and cash holdings," International Review of Financial Analysis, Elsevier, vol. 42(C), pages 24-37.
    9. Cowling, Marc & Ughetto, Elisa & Lee, Neil, 2018. "The innovation debt penalty: Cost of debt, loan default, and the effects of a public loan guarantee on high-tech firms," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 166-176.
    10. Bradley, Samantha R. & Gicheva, Dora & Hassell, Lydia & Link, Albert N., 2013. "Gender Differences in Access to Private Investment Funding to Support the Development of New Technologies," UNCG Economics Working Papers 13-9, University of North Carolina at Greensboro, Department of Economics.
    11. Tian, Xuan, 2011. "The causes and consequences of venture capital stage financing," Journal of Financial Economics, Elsevier, vol. 101(1), pages 132-159, July.
    12. Edward L. Glaeser & Stuart S. Rosenthal & William C. Strange, 2009. "Urban Economics and Entrepreneurship," NBER Working Papers 15536, National Bureau of Economic Research, Inc.
    13. Liaoliao Duan & Dongxiao Niu & Weizeng Sun & Siqi Zheng, 2021. "Transportation infrastructure and capital mobility: evidence from China’s high-speed railways," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 67(3), pages 617-648, December.
    14. Steven Poelhekke & Benjamin Wache, 2023. "The Impact of Venture Capital on Economic Growth," Tinbergen Institute Discussion Papers 23-050/VIII, Tinbergen Institute.
    15. Elvin Afandi & Majid Kermani, 2014. "Bridging the Gender Gap in Entrepreneurship: Evidence from Europe," William Davidson Institute Working Papers Series wp1074, William Davidson Institute at the University of Michigan.
    16. Eesley, Charles E. & Miller, William F., 2018. "Impact: Stanford University’s Economic Impact via Innovation and Entrepreneurship," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 14(2), pages 130-278, April.
    17. Laura Bottazzi & Marco Da Rin & Thomas Hellmann, 2007. "The Importance of Trust for Investment: Evidence from Venture Capital," Working Papers 325, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    18. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    19. Zhang, Weike & Tian, Xiaoli & Yu, Ao, 2020. "Is high-speed rail a catalyst for the fourth industrial revolution in China? Story of enhanced technology spillovers from venture capital," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    20. Sofie De Prijcker & Sophie Manigart & Veroniek Collewaert & Tom Vanacker, 2019. "Relocation to Get Venture Capital: A Resource Dependence Perspective," Entrepreneurship Theory and Practice, , vol. 43(4), pages 697-724, July.
    21. Munari, Federico & Toschi, Laura, 2015. "Assessing the impact of public venture capital programmes in the United Kingdom: Do regional characteristics matter?," Journal of Business Venturing, Elsevier, vol. 30(2), pages 205-226.
    22. Egan, Edward J., 2022. "A framework for assessing municipal high-growth high-technology entrepreneurship policy," Research Policy, Elsevier, vol. 51(9).
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  40. Steven N. Kaplan & Josh Lerner, 2010. "It Ain't Broke: The Past, Present, and Future of Venture Capital," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(2), pages 36-47, April.

    Cited by:

    1. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    2. Stiglitz, Joseph E., 2015. "Leaders and followers: Perspectives on the Nordic model and the economics of innovation," Journal of Public Economics, Elsevier, vol. 127(C), pages 3-16.
    3. Henry Lahr & Andrea Mina, 2014. "Liquidity, Technological Opportunities, and the Stage Distribution of Venture Capital Investments," Financial Management, Financial Management Association International, vol. 43(2), pages 291-325, June.
    4. Henrekson, Magnus & Sanandaji, Tino, 2017. "Stock Option Taxation: A Missing Piece in European Innovation Policy?," Working Paper Series 1168, Research Institute of Industrial Economics, revised 20 Feb 2018.
    5. Susan Chaplinsky & Swasti Gupta-Mukherjee, 2013. "The Decline in Venture-Backed IPOS: Implications for Capital Recovery," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 2, pages 35-56, Edward Elgar Publishing.
    6. Babina, Tania & Bahaj, Saleem & Buchak, Greg & De Marco, Filippo & Foulis, Angus & Gornall, Will & Mazzola, Francesco & Yu, Tong, 2024. "Customer data access and fintech entry: early evidence from open banking," Bank of England working papers 1059, Bank of England.
    7. Paul A. Gompers & Sophie Q. Wang, 2017. "Diversity in Innovation," NBER Working Papers 23082, National Bureau of Economic Research, Inc.
    8. Leonel Arango Vásquez & Eduardo Alexander Duque Grisales, 2016. "Capital riesgo y dinero inteligente: aportes de valor no monetario," Contexto (Artículos Sobre Economía), Universidad Externado de Colombia, February.
    9. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    10. Becker, Bo & Ivashina, Victoria, 2019. "Disruption and Credit Markets," CEPR Discussion Papers 13508, C.E.P.R. Discussion Papers.
    11. Waheed CHICKTAY & Brian BARNARD, 2019. "Venture Capital Process: Opportunity Selection, Monitoring, Capital Rationing, and Deal Flow," Expert Journal of Finance, Sprint Investify, vol. 7(1), pages 22-38.
    12. Josh Lerner & Joacim Tåg, 2013. "Institutions and venture capital," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(1), pages 153-182, February.
    13. Luis A. Rios, 2021. "On the origin of technological acquisition strategy: The interaction between organizational plasticity and environmental munificence," Strategic Management Journal, Wiley Blackwell, vol. 42(7), pages 1299-1325, July.
    14. Tania Babina & Sabrina T. Howell, 2018. "Entrepreneurial Spillovers from Corporate R&D," NBER Working Papers 25360, National Bureau of Economic Research, Inc.
    15. Magnus Henrekson & Tino Sanandaji, 2020. "Measuring Entrepreneurship: Do Established Metrics Capture Schumpeterian Entrepreneurship?," Entrepreneurship Theory and Practice, , vol. 44(4), pages 733-760, July.
    16. Steven N. Kaplan & Josh Lerner, 2016. "Venture Capital Data: Opportunities and Challenges," NBER Chapters, in: Measuring Entrepreneurial Businesses: Current Knowledge and Challenges, pages 413-431, National Bureau of Economic Research, Inc.
    17. Christian Hackober & Carolin Bock, 2021. "Which investors’ characteristics are beneficial for initial coin offerings? Evidence from blockchain technology-based firms," Journal of Business Economics, Springer, vol. 91(8), pages 1085-1124, October.
    18. Paul Gompers & William Gornall & Steven N. Kaplan & Ilya A. Strebulaev, 2016. "How Do Venture Capitalists Make Decisions?," NBER Working Papers 22587, National Bureau of Economic Research, Inc.
    19. Henrekson, Magnus & Sanandaji, Tino, 2014. "Superentrepreneurship and Global Imbalances: Closing Europe's Gap to Other Industrialized Regions," Working Paper Series 1049, Research Institute of Industrial Economics, revised 03 Aug 2015.
    20. Wolfgang Bessler & Martin Seim, 2013. "Venture capital and IPO waves in Europe: an analysis of firm and performance characteristics," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 15, pages 295-326, Edward Elgar Publishing.
    21. Becsky-Nagy, Patrícia & Fazekas, Balázs, 2018. "Az állam a kockázati tőkés szerepében [The state in its risk-capital role]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1257-1280.
    22. Li Jiujin & Rakesh Gupta & Li Haihong & Shao Qiang, 2020. "Private Equity Characteristics, Corporate Governance and Firm Value: Empirical Evidence from Small and Medium‐sized Enterprises," Asian Economic Journal, East Asian Economic Association, vol. 34(2), pages 163-183, June.
    23. Croce, Annalisa & Martí, José & Murtinu, Samuele, 2013. "The impact of venture capital on the productivity growth of European entrepreneurial firms: ‘Screening’ or ‘value added’ effect?," Journal of Business Venturing, Elsevier, vol. 28(4), pages 489-510.
    24. Sabrina T. Howell & Ramana Nanda, 2019. "Networking Frictions in Venture Capital, and the Gender Gap in Entrepreneurship," Harvard Business School Working Papers 19-105, Harvard Business School, revised Oct 2019.
    25. Jörn H. Block & Christian Fisch & Walter Diegel, 2024. "Schumpeterian entrepreneurial digital identity and funding from venture capital firms," The Journal of Technology Transfer, Springer, vol. 49(1), pages 119-157, February.
    26. Steven N. Kaplan, 2018. "Are U.S. Companies Too Short‐Term Oriented? Some Thoughts," Journal of Applied Corporate Finance, Morgan Stanley, vol. 30(4), pages 8-18, December.
    27. Howell, Sabrina T., 2020. "Reducing information frictions in venture capital: The role of new venture competitions," Journal of Financial Economics, Elsevier, vol. 136(3), pages 676-694.
    28. Ann‐Kristin Achleitner & Nico Engel & Uwe Reiner, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, John Wiley & Sons, vol. 22(1), pages 20-35, January.
    29. Johannes Wallmeroth & Peter Wirtz & Alexander Peter Groh, 2017. "Institutional Seed Financing, Angel Financing, and Crowdfunding of Entrepreneurial Ventures: A Literature Review," Working Papers hal-01527999, HAL.
    30. Achleitner, Ann-Kristin & Engel, Nico & Reiner, Uwe, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, Elsevier, vol. 22(1), pages 20-35.
    31. Jean-Noël Barrot, 2017. "Investor Horizon and the Life Cycle of Innovative Firms: Evidence from Venture Capital," Management Science, INFORMS, vol. 63(9), pages 3021-3043, September.
    32. Oleg Muratov, 2020. "Entrepreneur-Investor Information Design," Diskussionsschriften dp2014, Universitaet Bern, Departement Volkswirtschaft.
    33. Seth G. Benzell & Erik Brynjolfsson, 2019. "Digital Abundance and Scarce Genius: Implications for Wages, Interest Rates, and Growth," NBER Working Papers 25585, National Bureau of Economic Research, Inc.

  41. Josh Lerner, 2010. "The future of public efforts to boost entrepreneurship and venture capital," Small Business Economics, Springer, vol. 35(3), pages 255-264, October.

    Cited by:

    1. Laura Abrardi & Annalisa Croce & Elisa Ughetto, 2019. "The dynamics of switching between governmental and independent venture capitalists: theory and evidence," Small Business Economics, Springer, vol. 53(1), pages 165-188, June.
    2. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    3. Ioannis Makedos, 2014. "Venture Capital Organization As A “Guarantee” For The Collaboration Between Smes And Universities Despite Economic Crisis," Romanian Economic Business Review, Romanian-American University, vol. 9(3), pages 10-26, September.
    4. Daniel Ratzinger & Kevin Amess & Andrew Greenman & Simon Mosey, 2018. "The impact of digital start-up founders’ higher education on reaching equity investment milestones," The Journal of Technology Transfer, Springer, vol. 43(3), pages 760-778, June.
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  42. Josh Lerner & Ulrike Malmendier, 2010. "Contractibility and the Design of Research Agreements," American Economic Review, American Economic Association, vol. 100(1), pages 214-246, March.
    See citations under working paper version above.
  43. Josh Lerner & Scott Stern, 2009. "Innovation Policy and the Economy: Introduction to Volume 9," Innovation Policy and the Economy, University of Chicago Press, vol. 9(1), pages 1-1.

    Cited by:

    1. Rachel Griffith & Helen Miller, 2011. "Innovation in China: the rise of Chinese inventors in the production of knowledge," IFS Working Papers W11/15, Institute for Fiscal Studies.

  44. Cao, Jerry & Lerner, Josh, 2009. "The performance of reverse leveraged buyouts," Journal of Financial Economics, Elsevier, vol. 91(2), pages 139-157, February.
    See citations under working paper version above.
  45. Josh Lerner, 2009. "The Empirical Impact of Intellectual Property Rights on Innovation: Puzzles and Clues," American Economic Review, American Economic Association, vol. 99(2), pages 343-348, May.

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    3. Dechezlepretre, Antoine & Perkins, Richard & Neumayer, Eric, 2012. "Regulatory Distance and the Transfer of New Environmentally Sound Technologies: Evidence from the Automobile Sector," Climate Change and Sustainable Development 128199, Fondazione Eni Enrico Mattei (FEEM).
    4. Tuyen, Bui Quang & Phuong Anh, Do Vu & Mai, Nguyen Phuong & Long, To Quang, 2023. "Does corporate engagement in social responsibility affect firm innovation? The mediating role of digital transformation," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 292-303.
    5. Chu, Angus C. & Furukawa, Yuichi, 2012. "Patents versus R&D subsidies in a Schumpeterian growth model with endogenous market structure," MPRA Paper 40469, University Library of Munich, Germany.
    6. Emmanuelle Auriol & Sara Biancini & Rodrigo Paillacar, 2023. "Intellectual property rights protection and trade: an empirical analysis," Post-Print hal-03947266, HAL.
    7. Carolina Castaldi & Kyriakos Drivas, 2023. "Relatedness, Cross-relatedness and Regional Innovation Specializations: An Analysis of Technology, Design and Market Activities in Europe and the US," Papers in Evolutionary Economic Geography (PEEG) 2307, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Mar 2023.
    8. Chu, Angus C. & Pan, Shiyuan & Sun, Minjuan, 2012. "When does elastic labor supply cause an inverted-U effect of patents on innovation?," Economics Letters, Elsevier, vol. 117(1), pages 211-213.
    9. Josheski, Dushko & Koteski, Cane, 2011. "The causal relationship between patent growth and growth of GDP with quarterly data in the G7 countries: cointegration, ARDL and error correction models," MPRA Paper 33153, University Library of Munich, Germany.
    10. Michael Peneder & Mark Thompson & Martin Wörter, 2019. "The (Anti-)Competitive Effect of Intellectual Property Rights," WIFO Working Papers 577, WIFO.
    11. Charles Ayoubi & Boris Thurm, 2023. "Knowledge diffusion and morality: Why do we freely share valuable information with Strangers?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 32(1), pages 75-99, January.
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    13. Zhi Cao & Yinping Mu, 2022. "Social and Environmental Regulations and Corporate Innovation," Sustainability, MDPI, vol. 14(23), pages 1-17, December.
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    19. Antonio R. Andrés & Simplice A. Asongu & Voxi Amavilah, 2013. "The Impact of Formal Institutions on Knowledge Economy," Development Research Working Paper Series 05/2013, Institute for Advanced Development Studies.
    20. Yang, Xuebing, 2013. "Horizontal inventive step and international protection of intellectual property," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 338-355.
    21. Pilar Beneito & María E. Rochina-Barrachina & Amparo Sanchis, 2012. "Patents, competition and firms’ innovation incentives," Working Papers 1211, Department of Applied Economics II, Universidad de Valencia.
    22. Shiyuan Pan & Mengbo Zhang & Heng-fu Zou, 2011. "Patent Protection, Financial Development and Economic Growth," CEMA Working Papers 589, China Economics and Management Academy, Central University of Finance and Economics.
    23. Cetrulo, Armanda & Cirillo, Valeria & Landini, Fabio, 2022. "Organized Labour and R&D: Evidence from Italy," GLO Discussion Paper Series 1195, Global Labor Organization (GLO).
    24. Ganguly, Madhuparna, 2021. "Competition and Innovation: the effects of scientist mobility and stronger patent rights," MPRA Paper 107831, University Library of Munich, Germany.
    25. Papageorgiadis, Nikolaos & Sharma, Abhijit, 2016. "Intellectual property rights and innovation: A panel analysis," Economics Letters, Elsevier, vol. 141(C), pages 70-72.
    26. Heidi L. Williams, 2017. "How Do Patents Affect Research Investments?," Annual Review of Economics, Annual Reviews, vol. 9(1), pages 441-469, September.
    27. Manish Srivastava & Tang Wang, 2015. "When does selling make you wiser? Impact of licensing on Chinese firms’ patenting propensity," The Journal of Technology Transfer, Springer, vol. 40(4), pages 602-628, August.
    28. Cui, Huijie & Dai, Lixuan & Zhang, Yanan, 2021. "Organization Capital and Corporate Innovation: Evidence from China," Finance Research Letters, Elsevier, vol. 43(C).
    29. Heidi L. Williams, 2016. "Intellectual Property Rights and Innovation: Evidence from Health Care Markets," Innovation Policy and the Economy, University of Chicago Press, vol. 16(1), pages 53-87.
    30. Furukawa, Yuichi, 2010. "Intellectual property protection and innovation: an inverted-U relationship," Economics Letters, Elsevier, vol. 109(2), pages 99-101, November.
    31. Sharma, Abhijit & Sousa, Cristina & Woodward, Richard, 2022. "Determinants of innovation outcomes: The role of institutional quality," Technovation, Elsevier, vol. 118(C).
    32. Xiaolin Li & Chenxi Liao & Ying Xie, 2021. "Digital Piracy, Creative Productivity, and Customer Care Effort: Evidence from the Digital Publishing Industry," Marketing Science, INFORMS, vol. 40(4), pages 685-707, July.
    33. Sarath Balachandran & Exequiel Hernandez, 2019. "Do Institutional Reforms Perpetuate or Mitigate the Matthew Effect? Intellectual Property Rights and Access to International Alliances," Strategy Science, INFORMS, vol. 4(2), pages 151-174, June.
    34. Dolores Añón Higón, 2016. "In-house versus External Basic Research and First-to-market Innovations," Working Papers 1601, Department of Applied Economics II, Universidad de Valencia.
    35. Josh Lerner & Greg Rafert, 2015. "Lost in the Clouds: The Impact of Changing Property Rights on Investment in Cloud Computing Ventures," NBER Working Papers 21140, National Bureau of Economic Research, Inc.
    36. Ming Liu & Sumner LaCroix, 2011. "The Impact of Stronger Property Rights in Pharmaceuticals on Innovation in Developed and Developing Countries," Working Papers 201116, University of Hawaii at Manoa, Department of Economics.
    37. Dongmin Kong & Jialong Wang & Yanan Wang & Jian Zhang, 2022. "Language and innovation," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 49(1-2), pages 297-326, January.
    38. Chu, Angus C. & Cozzi, Guido & Galli, Silvia, 2014. "Stage-dependent intellectual property rights," Journal of Development Economics, Elsevier, vol. 106(C), pages 239-249.
    39. Wang, Jialong & Zhang, Jian & Huang, Haoyue & Zhang, Fan, 2020. "Directors’ and officers’ liability insurance and firm innovation," Economic Modelling, Elsevier, vol. 89(C), pages 414-426.
    40. Chu, Angus & Liao, Chih-Hsing, 2023. "Optimal Patent Policy and Wealth Inequality in a Schumpeterian Economy," MPRA Paper 117209, University Library of Munich, Germany.
    41. Claude Diebolt & Karine Pellier, 2010. "La dynamique structurelle et spatiale des systèmes de brevets. Une comparaison France, Allemagne, Royaume-Uni, Etats-Unis et Japon : 1617-2006," Working Papers 10-05, Association Française de Cliométrie (AFC).
    42. Yuping Deng & Yanrui Wu & Helian Xu, 2020. "Political Connections and Firm Pollution Behaviour: An Empirical Study," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(4), pages 867-898, April.
    43. Ullah, Barkat, 2021. "Does innovation explain the performance gap between privatized and private firms?," Journal of Economics and Business, Elsevier, vol. 113(C).
    44. Thakur–Wernz, Pooja & Wernz, Christian, 2022. "Impact of stronger intellectual property rights regime on innovation: Evidence from de alio versus de novo Indian bio-pharmaceutical firms," Journal of Business Research, Elsevier, vol. 138(C), pages 457-473.
    45. Joy Buchanan & Bart Wilson, 2014. "An Experiment on Protecting Intellectual Property," Working Papers 1044, George Mason University, Interdisciplinary Center for Economic Science.
    46. Chu, Angus C. & Pan, Shiyuan, 2013. "The Escape-Infringement Effect Of Blocking Patents On Innovation And Economic Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 17(4), pages 955-969, June.
    47. Anand Nandkumar & Kannan Srikanth, 2016. "Right person in the right place: How the host country IPR influences the distribution of inventors in offshore R&D projects of multinational enterprises," Strategic Management Journal, Wiley Blackwell, vol. 37(8), pages 1715-1733, August.
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    1. Robert Loos & Bernhard Schwetzler, 2017. "Fueling the buyout machine: fundraising in private equity," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 31(4), pages 397-443, November.
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    3. Nguyen, Giang & Vu, Le, 2021. "Does venture capital syndication affect mergers and acquisitions?," Journal of Corporate Finance, Elsevier, vol. 67(C).
    4. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    5. Lopez-de-Silanes, Florencio & Phalippou, Ludovic & Gottschalg, Olivier, 2010. "Giants at the Gate: On the Cross-section of Private Equity Investment Returns," MPRA Paper 28487, University Library of Munich, Germany.
    6. Hana Milanov & Dean A. Shepherd, 2013. "The importance of the first relationship: The ongoing influence of initial network on future status," Strategic Management Journal, Wiley Blackwell, vol. 34(6), pages 727-750, June.
    7. Xiao Hu & Jiayi Wang & Banggang Wu & Taiyang Zhao, 2022. "Specialist or new entrant: Who is the ideal investor for a new venture?," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2055-2065, September.
    8. Han Liang & Gang Liu & Jianling Yin, 2019. "Venture capital reputation: a blessing or a curse for entrepreneurial firm innovation—a contingent effect of industrial distance," Frontiers of Business Research in China, Springer, vol. 13(1), pages 1-25, December.
    9. Scheaf, David J. & Davis, Blakley C. & Webb, Justin W. & Coombs, Joseph E. & Borns, Jared & Holloway, Garrett, 2018. "Signals' flexibility and interaction with visual cues: Insights from crowdfunding," Journal of Business Venturing, Elsevier, vol. 33(6), pages 720-741.
    10. Chen, Shenglan & Lin, Bingxuan & Lu, Rui & Zhang, Ting, 2015. "Controlling shareholders’ incentives and executive pay-for-performance sensitivity: Evidence from the split share structure reform in China," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 34(C), pages 147-160.
    11. Das, Sanjiv R. & Jo, Hoje & Kim, Yongtae, 2011. "Polishing diamonds in the rough: The sources of syndicated venture performance," Journal of Financial Intermediation, Elsevier, vol. 20(2), pages 199-230, April.
    12. Michael Ewens & Matthew Rhodes-Kropf, "undated". "Is the VC Partnership Greater than the Sum of its Partners?," GSIA Working Papers 2012-E36, Carnegie Mellon University, Tepper School of Business.
    13. Tong Liu & Shiyou Qu & Christopher M. Scherpereel, 2020. "The Influence of the Role Positioning of Investment Institutions on the Value of Start-Up Enterprises from the Perspective of Network," Sustainability, MDPI, vol. 12(2), pages 1-19, January.
    14. Marquez, Robert & Nanda, Vikram & Yavuz, M. Deniz, 2010. "Private Equity Fund Returns: Do Managers Actually Leave Money on the Table?," Working Papers 10-24, University of Pennsylvania, Wharton School, Weiss Center.
    15. Axelson, Ulf & Martinovic, Milan, 2016. "European venture capital: myths and facts," LSE Research Online Documents on Economics 118976, London School of Economics and Political Science, LSE Library.
    16. Cabolis, Christos & Dai, Mian & Serfes, Konstantinos, 2014. "Competition and Specialization: Evidence from Venture Capital," School of Economics Working Paper Series 2014-5, LeBow College of Business, Drexel University, revised 05 Oct 2014.
    17. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    18. Yael Hochberg & Michael Mazzeo & Ryan McDevitt, 2015. "Specialization and Competition in the Venture Capital Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 46(4), pages 323-347, June.
    19. Candon Johnson & Robert Schultz & Joshua C. Hall, 2020. "Specialization and Performance: Evidence from NCAA 4 × 400 m Relay Times," Economies, MDPI, vol. 8(4), pages 1-7, November.
    20. Osborn, Tom L, 2019. "Africa joins the growth capital revolution: Examining the growth of venture capital in the continent," AfricArxiv 78smp, Center for Open Science.
    21. Cumming, Douglas J. & Grilli, Luca & Murtinu, Samuele, 2017. "Governmental and independent venture capital investments in Europe: A firm-level performance analysis," Journal of Corporate Finance, Elsevier, vol. 42(C), pages 439-459.
    22. Anna Kovner, 2012. "Doing Well by Doing Good? Community Development Venture Capital," Liberty Street Economics 20121121, Federal Reserve Bank of New York.
    23. Gerasymenko, Violetta & Arthurs, Jonathan D., 2014. "New insights into venture capitalists' activity: IPO and time-to-exit forecast as antecedents of their post-investment involvement," Journal of Business Venturing, Elsevier, vol. 29(3), pages 405-420.
    24. Massimo G. Colombo & Samuele Murtinu, 2017. "Venture Capital Investments in Europe and Portfolio Firms' Economic Performance: Independent Versus Corporate Investors," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(1), pages 35-66, February.
    25. Antonia Nörthemann, 2023. "Industry-specific specialization in venture capitalists’ internationalization decisions," Journal of Business Economics, Springer, vol. 93(5), pages 891-927, July.
    26. Da Rin, Marco, 2016. "Financing Growth through Venture Capital in Asia and the Pacific," Other publications TiSEM 9fb91a28-6b54-41ce-a01d-9, Tilburg University, School of Economics and Management.
    27. Cheng, Chun-Yun & Tang, Ming-Je, 2019. "Partner-selection effects on venture capital investment performance with uncertainties," Journal of Business Research, Elsevier, vol. 95(C), pages 242-252.
    28. Colombo, Massimo G. & Meoli, Michele & Vismara, Silvio, 2019. "Signaling in science-based IPOs: The combined effect of affiliation with prestigious universities, underwriters, and venture capitalists," Journal of Business Venturing, Elsevier, vol. 34(1), pages 141-177.
    29. Christos Cabolis & Mian Dai & Konstantinos Serfes, 2023. "Competition and Specialization in the VC Market: A Non-monotonic Relationship," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 62(3), pages 241-269, May.
    30. Federico Munari & Martina Pasquini & Laura Toschi, 2015. "From the lab to the stock market? The characteristics and impact of university-oriented seed funds in Europe," The Journal of Technology Transfer, Springer, vol. 40(6), pages 948-975, December.
    31. Yan Alperovych & Xavier Mouchette, 2020. "Industry Concentration and Venture Capital Flows around the World," Post-Print hal-02567433, HAL.
    32. Guerini, Massimiliano & Quas, Anita, 2016. "Governmental venture capital in Europe: Screening and certification," Journal of Business Venturing, Elsevier, vol. 31(2), pages 175-195.
    33. Elert, Niklas & Henrekson, Magnus & Stenkula, Mikael, 2017. "Institutional Reform for Innovation and Entrepreneurship: An Agenda for Europe," Working Paper Series 1150, Research Institute of Industrial Economics, revised 16 Feb 2017.
    34. Aurélie Sannajust & Alexander Peter Groh, 2020. "There's no need to be a pioneer in emerging private equity markets," Post-Print hal-03511382, HAL.
    35. Massimo G. Colombo & Benedetta Montanaro & Silvio Vismara, 2023. "What drives the valuation of entrepreneurial ventures? A map to navigate the literature and research directions," Small Business Economics, Springer, vol. 61(1), pages 59-84, June.
    36. Barg, Johannes A. & Drobetz, Wolfgang & Momtaz, Paul P., 2021. "Valuing start-up firms: A reverse-engineering approach for fair-value multiples from venture capital transactions," Finance Research Letters, Elsevier, vol. 43(C).
    37. Henrekson, Magnus & Stenkula, Mikael, 2023. "Bottom-up Policies Trump Top-down Missions," IZA Discussion Papers 16487, Institute of Labor Economics (IZA).
    38. Michael D. McKenzie & William H. Janeway, 2011. "Venture capital funds and the public equity market," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 51(3), pages 764-786, September.
    39. Bhanot, Karan & Kadapakkam, Palani-Rajan, 2022. "Pay for performance, partnership success, and the internal organization of venture capital firms," Journal of Corporate Finance, Elsevier, vol. 75(C).
    40. Marshall A. Geiger & Sami Keskek & Abdullah Kumas, 2022. "Trading concentration and industry-specific information: an analysis of auto complaints," Review of Quantitative Finance and Accounting, Springer, vol. 59(3), pages 913-937, October.
    41. Obrimah, Oghenovo A., 2016. "How important is innovation for venture capitalists’ (VCs’) market reputation?," The Quarterly Review of Economics and Finance, Elsevier, vol. 61(C), pages 64-76.
    42. Christian Hackober & Carolin Bock, 2021. "Which investors’ characteristics are beneficial for initial coin offerings? Evidence from blockchain technology-based firms," Journal of Business Economics, Springer, vol. 91(8), pages 1085-1124, October.
    43. Ola Bengtsson & Dan Bernhardt, 2014. "Different Problem, Same Solution: Contract‐Specialization in Venture Capital," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(2), pages 396-426, June.
    44. Troy D. Smith, 2015. "Private Equity Investment in India: Efficiency vs Expansion," Discussion Papers 15-011, Stanford Institute for Economic Policy Research.
    45. Kieran Farrelly & Simon Stevenson, 2016. "Performance drivers of private real estate funds," Journal of Property Research, Taylor & Francis Journals, vol. 33(3), pages 214-235, July.
    46. Mohib Jafri & Andy Wu, 2023. "Distributed VC Firms: The Next Iteration of Venture Capital," Papers 2304.03525, arXiv.org.
    47. Schulze, William & Deeds, David & Wuebker, Robert & Kräussl, Roman, 2015. "Toward a pecking order theory of strategic resource deployment," CFS Working Paper Series 523, Center for Financial Studies (CFS).
    48. Sonal Pandya & David Leblang, 2017. "Risky business: Institutions vs. social networks in FDI," Economics and Politics, Wiley Blackwell, vol. 29(2), pages 91-117, July.
    49. Wang, Pengfei, 2020. "Broadening versus reinforcing investor portfolios: Social structure and the search for venture capital investors," Journal of Business Venturing, Elsevier, vol. 35(1).
    50. Dominique Dufour & Eric Nasica & Dominique Torre, 2013. "Syndication in private equity industry: comparing the strategies of independent and captive venture capitalists," Working Papers halshs-00853695, HAL.
    51. Richard R. Townsend, 2015. "Propagation of Financial Shocks: The Case of Venture Capital," Management Science, INFORMS, vol. 61(11), pages 2782-2802, November.
    52. Sannajust, Aurélie & Groh, Alexander Peter, 2020. "There's no need to be a pioneer in emerging private equity markets," Journal of Corporate Finance, Elsevier, vol. 65(C).
    53. Mohammadi, Ali & Shafizadeh, Mohammadmehdi & Johan, Sofia, 2014. "A Signaling Theory Of Entrepreneurial Venture’S Valuation: Evidence From Early Termination Of Venture Capital Investment," Working Paper Series in Economics and Institutions of Innovation 349, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    54. Jia, Ning & Wang, Dan, 2017. "Skin in the game: General partner capital commitment, investment behavior and venture capital fund performance," Journal of Corporate Finance, Elsevier, vol. 47(C), pages 110-130.
    55. Matthias Huss & Daniel Steger, 2020. "Diversification and Fund Performance—An Analysis of Buyout Funds," JRFM, MDPI, vol. 13(6), pages 1-17, June.
    56. Melero, Eduardo & Palomeras, Neus, 2012. "The renaissance of the "renaissance man"? : specialists vs. generalists in teams of inventors," INDEM - Working Paper Business Economic Series id-12-01, Instituto para el Desarrollo Empresarial (INDEM).
    57. Fuerst, Franz & Mansley, Nick & Wang, Zilong, 2021. "Do specialist funds outperform? Evidence from European non-listed real estate funds," Research in International Business and Finance, Elsevier, vol. 58(C).
    58. Isin Guler, 2018. "Pulling the Plug: The Capability to Terminate Unsuccessful Projects and Firm Performance," Strategy Science, INFORMS, vol. 3(3), pages 481-497, September.
    59. Christian Opitz & Kay H. Hofmann, 2014. "Adverse Selection and Moral Hazard in Equity Partnerships: Evidence from Hollywood's Slate Financing Agreements," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(4), pages 811-838, December.
    60. Schwienbacher, Armin, 2013. "The entrepreneur's investor choice: The impact on later-stage firm development," Journal of Business Venturing, Elsevier, vol. 28(4), pages 528-545.
    61. Elert, Niklas & Henrekson, Magnus, 2021. "Collaborative Innovation Blocs and Mission-Oriented Innovation Policy: An Ecosystem Perspective," Working Paper Series 1406, Research Institute of Industrial Economics.
    62. Qing Yao & Shaodong Ma & Jing Liang & Kim Christensen & Wanru Jing & Ruiqi Li, 2022. "Effects of syndication network on specialisation and performance of venture capital firms," Papers 2211.00873, arXiv.org.
    63. Suting Hong & Konstantinos Serfes & Veikko Thiele, 2020. "Competition in the venture capital market and the success of startup companies: Theory and evidence," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(4), pages 741-791, October.
    64. Valerio Vacca, 2013. "Financing innovation in Italy: an analysis of venture capital and private equity investments," Questioni di Economia e Finanza (Occasional Papers) 209, Bank of Italy, Economic Research and International Relations Area.
    65. Nguyen, Lan Thi Mai & Cheong, Chee Seng & Zurbruegg, Ralf, 2022. "The heterogeneous impact of industry concentration on analyst performance," Advances in accounting, Elsevier, vol. 59(C).
    66. Wang, Lanfang & Wang, Susheng, 2021. "Unusual investor behavior under tacit and endogenous market signals," International Review of Economics & Finance, Elsevier, vol. 73(C), pages 76-97.
    67. Nguyen, Giang & Vo, Vinh, 2021. "Asset liquidity and venture capital investment," Journal of Corporate Finance, Elsevier, vol. 69(C).
    68. Zhang, Yuejia & Mayes, David Geoffrey, 2018. "The performance of governmental venture capital firms: A life cycle perspective and evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 48(C), pages 162-185.
    69. Ann‐Kristin Achleitner & Nico Engel & Uwe Reiner, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, John Wiley & Sons, vol. 22(1), pages 20-35, January.
    70. Ant Bozkaya & William R. Kerr, 2014. "Labor Regulations and European Venture Capital," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(4), pages 776-810, December.
    71. Jeaneth Johansson & Malin Malmström & Joakim Wincent & Vinit Parida, 2021. "How individual cognitions overshadow regulations and group norms: a study of government venture capital decisions," Small Business Economics, Springer, vol. 56(2), pages 857-876, February.
    72. Amit Bubna & Sanjiv R. Das & Paul Hanouna, 2020. "The Fast and the Curious: VC Drift," Journal of Financial Services Research, Springer;Western Finance Association, vol. 57(1), pages 69-113, February.
    73. Jackson, William E. & Bates, Timothy & Bradford, William D., 2012. "Does venture capitalist activism improve investment performance?," Journal of Business Venturing, Elsevier, vol. 27(3), pages 342-354.
    74. Jeaneth Johansson & Malin Malmström & Joakim Wincent, 2021. "Sustainable Investments in Responsible SMEs: That’s What’s Distinguish Government VCs from Private VCs," JRFM, MDPI, vol. 14(1), pages 1-22, January.
    75. Gompers, Paul & Kovner, Anna & Lerner, Josh & Scharfstein, David, 2010. "Performance persistence in entrepreneurship," Journal of Financial Economics, Elsevier, vol. 96(1), pages 18-32, April.
    76. Buchner, Axel & Mohamed, Abdulkadir & Schwienbacher, Armin, 2017. "Diversification, risk, and returns in venture capital," Journal of Business Venturing, Elsevier, vol. 32(5), pages 519-535.
    77. Dai, Na & Jo, Hoje & Kassicieh, Sul, 2012. "Cross-border venture capital investments in Asia: Selection and exit performance," Journal of Business Venturing, Elsevier, vol. 27(6), pages 666-684.
    78. Antretter, Torben & Sirén, Charlotta & Grichnik, Dietmar & Wincent, Joakim, 2020. "Should business angels diversify their investment portfolios to achieve higher performance? The role of knowledge access through co-investment networks," Journal of Business Venturing, Elsevier, vol. 35(5).
    79. Annalisa Croce & Luca Grilli & Samuele Murtinu, 2014. "Venture capital enters academia: an analysis of university-managed funds," The Journal of Technology Transfer, Springer, vol. 39(5), pages 688-715, October.
    80. Sewaid, Ahmed & Parker, Simon C. & Kaakeh, Abdulkader, 2021. "Explaining serial crowdfunders' dynamic fundraising performance," Journal of Business Venturing, Elsevier, vol. 36(4).
    81. Hull, Tyler J., 2021. "The effect of venture capitalists straying from their industry comfort zones," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    82. Gejadze, Maia & Giot, Pierre & Schwienbacher, Armin, 2017. "Private equity fundraising and firm specialization," The Quarterly Review of Economics and Finance, Elsevier, vol. 64(C), pages 259-274.
    83. Conti, Annamaria & Dass, Nishant & Di Lorenzo, Francesco & Graham, Stuart J.H., 2019. "Venture capital investment strategies under financing constraints: Evidence from the 2008 financial crisis," Research Policy, Elsevier, vol. 48(3), pages 799-812.
    84. Bengtsson, Ola, 2013. "Relational venture capital financing of serial founders," Journal of Financial Intermediation, Elsevier, vol. 22(3), pages 308-334.
    85. Di Guo & Kun Jiang & Xiaoting Mai, 2015. "Venture Capital Investment and the Post-IPO Performance of Entrepreneurial Firms: Evidence from the People's Republic of China," Asian Development Review, MIT Press, vol. 32(1), pages 113-141, March.
    86. Thomas Hellmann & Scott Stern, 2009. "Introduction to the Special Issue on Economics and Strategy of Entrepreneurship," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 18(3), pages 615-621, September.
    87. Nahata, Rajarishi, 2019. "Success is good but failure is not so bad either: Serial entrepreneurs and venture capital contracting," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 624-649.
    88. Paul Gompers & Anna Kovner & Josh Lerner & David Scharfstein, 2006. "Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs," NBER Working Papers 12592, National Bureau of Economic Research, Inc.
    89. Braunerhjelm, Pontus & Parker, Simon, 2010. "Josh Lerner: Recipient of the 2010 Global Award for Entrepreneurship Research," Working Paper Series in Economics and Institutions of Innovation 233, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    90. Kevin Levillain & Blanche Segrestin & Armand Hatchuel, 2014. "Can venture capital foster innovation? A study of the coupling between innovation and finance," Post-Print hal-00969096, HAL.
    91. Achleitner, Ann-Kristin & Engel, Nico & Reiner, Uwe, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, Elsevier, vol. 22(1), pages 20-35.
    92. Cassar, Gavin, 2014. "Industry and startup experience on entrepreneur forecast performance in new firms," Journal of Business Venturing, Elsevier, vol. 29(1), pages 137-151.
    93. Stein, Ernesto H. & Wagner, Rodrigo A., 2019. "The development of venture capital in Latin America and the Caribbean: a comparative perspective," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    94. Yang, Yi & Narayanan, V.K. & Zahra, Shaker, 2009. "Developing the selection and valuation capabilities through learning: The case of corporate venture capital," Journal of Business Venturing, Elsevier, vol. 24(3), pages 261-273, May.

  47. Gompers, Paul & Kovner, Anna & Lerner, Josh & Scharfstein, David, 2008. "Venture capital investment cycles: The impact of public markets," Journal of Financial Economics, Elsevier, vol. 87(1), pages 1-23, January.
    See citations under working paper version above.
  48. Josh Lerner & Antoinette Schoar & Jialan Wang, 2008. "Secrets of the Academy: The Drivers of University Endowment Success," Journal of Economic Perspectives, American Economic Association, vol. 22(3), pages 207-222, Summer.
    See citations under working paper version above.
  49. Josh Lerner & Julie Wulf, 2007. "Innovation and Incentives: Evidence from Corporate R&D," The Review of Economics and Statistics, MIT Press, vol. 89(4), pages 634-644, November.
    See citations under working paper version above.
  50. Josh Lerner & Antoinette Schoar & Wan Wongsunwai, 2007. "Smart Institutions, Foolish Choices: The Limited Partner Performance Puzzle," Journal of Finance, American Finance Association, vol. 62(2), pages 731-764, April.
    See citations under working paper version above.
  51. Benjamin Chiao & Josh Lerner & Jean Tirole, 2007. "The rules of standard-setting organizations: an empirical analysis," RAND Journal of Economics, RAND Corporation, vol. 38(4), pages 905-930, December.
    See citations under working paper version above.
  52. Josh Lerner & Marcin Strojwas & Jean Tirole, 2007. "The design of patent pools: the determinants of licensing rules," RAND Journal of Economics, RAND Corporation, vol. 38(3), pages 610-625, September.
    See citations under working paper version above.
  53. Josh Lerner & Brian Watson, 2007. "The public venture capital challenge: the Australian case," Venture Capital, Taylor & Francis Journals, vol. 10(1), pages 1-20, July.

    Cited by:

    1. Pascal François & Georges Hübner, 2010. "A Portfolio Approach to Venture Capital Financing," Cahiers de recherche 1046, CIRPEE.

  54. Jaffe, Adam & Lerner, Josh & Stern, Scott & Thursby, Marie, 2007. "Academic science and entrepreneurship: Dual engines of growth?," Journal of Economic Behavior & Organization, Elsevier, vol. 63(4), pages 573-576, August.

    Cited by:

    1. Antonio Dottore & Suleiman Kassicieh, 2014. "University Patent Holders as Entrepreneurs: Factors that Influence Spinout Activity," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(4), pages 863-891, December.
    2. Werner Bönte & Oliver Falck & Stephan Heblich, 2009. "The Impact of Regional Age Structure on Entrepreneurship," Economic Geography, Clark University, vol. 85(3), pages 269-287, July.
    3. Tomás del Barrio-Castro & José García-Quevedo, 2009. "The determinants of university patenting: Do incentives matter?," Working Papers XREAP2009-14, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2009.
    4. Jürgen Brünjes & Javier Revilla Diez, 2013. "‘Recession push’ and ‘prosperity pull’ entrepreneurship in a rural developing context," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 25(3-4), pages 251-271, April.
    5. Ouellette, Lisa Larrimore & Tutt, Andrew, 2020. "How do patent incentives affect university researchers?," International Review of Law and Economics, Elsevier, vol. 61(C).
    6. Mary Mutanda & Lawrence Mpele Lekhanya & Sibusiso Moyo, 2018. "The Role of International Academic Professionals in the Development of Entrepreneurial Universities in South Africa: Government Funded Universities Perspective," Journal of Economics and Behavioral Studies, AMH International, vol. 10(5), pages 284-296.

  55. Lerner, Josh & Zhu, Feng, 2007. "What is the impact of software patent shifts? Evidence from Lotus v. Borland," International Journal of Industrial Organization, Elsevier, vol. 25(3), pages 511-529, June.
    See citations under working paper version above.
  56. Lerner, Josh & Rajan, Raghuram, 2006. "NBER Conference on corporate alliances," Journal of Financial Economics, Elsevier, vol. 80(1), pages 1-3, April.

    Cited by:

    1. Zhaozhao He & Han Yu & Lijing Du, 2020. "Cohabitation before marriage: do prior alliances enhance post-merger performance?," Review of Quantitative Finance and Accounting, Springer, vol. 54(4), pages 1315-1349, May.
    2. Chou, Ting-Kai & Ou, Chin-Shyh & Tsai, Shu-Huan, 2014. "Value of strategic alliances: Evidence from the bond market," Journal of Banking & Finance, Elsevier, vol. 42(C), pages 42-59.
    3. Fang, Yiwei & Francis, Bill & Hasan, Iftekhar & Wang, Haizhi, 2011. "Product market relationships and cost of bank loans: evidence from strategic alliances," Bank of Finland Research Discussion Papers 4/2011, Bank of Finland.
    4. Lai, Jung-Ho & Chen, Li-Yu, 2014. "The valuation effect of corporate governance on stakeholder wealth: Evidence from strategic alliances," International Review of Economics & Finance, Elsevier, vol. 32(C), pages 117-131.
    5. Fich, Eliezer M. & Starks, Laura T. & Yore, Adam S., 2014. "CEO deal-making activities and compensation," Journal of Financial Economics, Elsevier, vol. 114(3), pages 471-492.
    6. Fang, Yiwei & Francis, Bill & Hasan, Iftekhar & Wang, Haizhi, 2012. "Product market relationships and cost of bank loans: Evidence from strategic alliances," Journal of Empirical Finance, Elsevier, vol. 19(5), pages 653-674.

  57. Josh Lerner & Parag A. Pathak & Jean Tirole, 2006. "The Dynamics of Open-Source Contributors," American Economic Review, American Economic Association, vol. 96(2), pages 114-118, May.

    Cited by:

    1. Andreas Freytag & Sebastian von Engelhardt, 2010. "Institutions, Culture, and Open Source," Jena Economics Research Papers 2010-010, Friedrich-Schiller-University Jena.
    2. Amrit Tiwana & Benn Konsynski & Ashley A. Bush, 2010. "Research Commentary ---Platform Evolution: Coevolution of Platform Architecture, Governance, and Environmental Dynamics," Information Systems Research, INFORMS, vol. 21(4), pages 675-687, December.
    3. Jian Pei, 2020. "A Survey on Data Pricing: from Economics to Data Science," Papers 2009.04462, arXiv.org, revised Nov 2020.
    4. Susan Athey & Glenn Ellison, 2014. "Dynamics of Open Source Movements," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(2), pages 294-316, June.
    5. Michael Schwarz & Yuri Takhteyev, 2009. "Half a Century of Public Software Institutions: Open Source as a Solution to Hold-Up Problem," NBER Working Papers 14946, National Bureau of Economic Research, Inc.
    6. Michiel Bijlsma & Paul de Bijl & Viktoria Kocsis, 2009. "Concurrentie, innovatie en intellectuele eigendomsrechten in software markten," CPB Document 181, CPB Netherlands Bureau for Economic Policy Analysis.
    7. Lomi, Alessandro & Conaldi, Guido & Tonellato, Marco & Pallotti, Francesca, 2014. "Participation motifs and the emergence of organization in open productions," Structural Change and Economic Dynamics, Elsevier, vol. 29(C), pages 40-57.
    8. Bitzer, Jürgen & Geishecker, Ingo, 2010. "Who contributes voluntarily to OSS? An investigation among German IT employees," Research Policy, Elsevier, vol. 39(1), pages 165-172, February.
    9. Gallus, Jana & Bhatia, Sudeep, 2020. "Gender, power and emotions in the collaborative production of knowledge: A large-scale analysis of Wikipedia editor conversations," Organizational Behavior and Human Decision Processes, Elsevier, vol. 160(C), pages 115-130.
    10. Tesoriere, Antonio & Balletta, Luigi, 2017. "A dynamic model of open source vs proprietary R&D," European Economic Review, Elsevier, vol. 94(C), pages 221-239.
    11. Belenzon, Sharon & Schankerman, Mark, 2015. "Motivation and sorting of human capital in open innovation," LSE Research Online Documents on Economics 58514, London School of Economics and Political Science, LSE Library.
    12. Ailian Zhang & Mengmeng Pan, 2020. "“Smart Process” of Medical Innovation: The Synergism Based on Network and Physical Space," IJERPH, MDPI, vol. 17(11), pages 1-17, May.
    13. Richard Watt, 2014. "Open source and open access: new paradigms in the theory of copyright," Chapters, in: Richard Watt (ed.), Handbook on the Economics of Copyright, chapter 17, pages 311-327, Edward Elgar Publishing.
    14. Dongryul Lee & Byung Kim, 2013. "Motivations for Open Source Project Participation and Decisions of Software Developers," Computational Economics, Springer;Society for Computational Economics, vol. 41(1), pages 31-57, January.
    15. David, Paul A. & Shapiro, Joseph S., 2008. "Community-based production of open-source software: What do we know about the developers who participate?," Information Economics and Policy, Elsevier, vol. 20(4), pages 364-398, December.
    16. Sharon Belenzon & Mark Schankerman, 2015. "Motivation and sorting of human capital in open innovation," Strategic Management Journal, Wiley Blackwell, vol. 36(6), pages 795-820, June.
    17. Sebastian von Engelhardt, 2011. "What Economists Know about Open Source Software - Its Basic Principles and Research Results," Jena Economics Research Papers 2011-005, Friedrich-Schiller-University Jena.
    18. Sebastian von Engelhardt, 2010. "Quality Competition or Quality Cooperation? License-Type and the Strategic Nature of Open Source vs. Closed Source Business Models," Jena Economics Research Papers 2010-034, Friedrich-Schiller-University Jena.
    19. Gauguier, Jean-Jacques, 2009. "L’industrialisation de l’Open Source," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/4388 edited by Toledano, Joëlle.
    20. Frank Nagle, 2019. "Open Source Software and Firm Productivity," Management Science, INFORMS, vol. 65(3), pages 1191-1215, March.
    21. Bitzer, Jürgen & Schrettl, Wolfram & Schröder, Philipp J.H., 2006. "Intrinsic Motivation versus Signaling in Open Source Software Development," Working Papers 06-7, University of Aarhus, Aarhus School of Business, Department of Economics.
    22. Yuanbin Xu & Haiqing Yu & Xin Zeng & Xinmin Zhang, 2023. "Impacts of environmental regulation on innovation in the context of the Internet," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(11), pages 13281-13303, November.
    23. Jeongmeen Suh & Murat Yılmaz, 2019. "Economics of Open Source Technology: A Dynamic Approach," Dynamic Games and Applications, Springer, vol. 9(1), pages 254-280, March.
    24. A. Talha Yalta & A. Yasemin Yalta, 2010. "Should Economists Use Open Source Software for Doing Research?," Working Papers 1007, TOBB University of Economics and Technology, Department of Economics.
    25. Andreas Freytag & Sebastian von Engelhardt & Christoph Schulz, 2010. "On the Geographic Allocation of Open Source Software Activities," Jena Economics Research Papers 2010-009, Friedrich-Schiller-University Jena.
    26. Frank Nagle, 2018. "Learning by Contributing: Gaining Competitive Advantage Through Contribution to Crowdsourced Public Goods," Organization Science, INFORMS, vol. 29(4), pages 569-587, August.
    27. Andersen-Gott, Morten & Ghinea, Gheorghita & Bygstad, Bendik, 2012. "Why do commercial companies contribute to open source software?," International Journal of Information Management, Elsevier, vol. 32(2), pages 106-117.
    28. Terrence August & Hyoduk Shin & Tunay I. Tunca, 2018. "Generating Value Through Open Source: Software Service Market Regulation and Licensing Policy," Information Systems Research, INFORMS, vol. 29(1), pages 186-205, March.
    29. Meysam Alizadeh & Claudio Cioffi-Revilla & Andrew Crooks, 2015. "The Effect Of In-Group Favoritism On The Collective Behavior Of Individuals' Opinions," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 18(01n02), pages 1-26.
    30. Michael Schwarz & Yuri Takhteyev, 2010. "Half a Century of Public Software Institutions: Open Source as a Solution to Hold‐Up Problem," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(4), pages 609-639, August.
    31. Cerquera Dussán, Daniel & Müller, Bettina, 2009. "Open Source, ICT infrastructure and firm performance," ZEW Discussion Papers 09-089, ZEW - Leibniz Centre for European Economic Research.

  58. Lerner, Josh, 2006. "The new new financial thing: The origins of financial innovations," Journal of Financial Economics, Elsevier, vol. 79(2), pages 223-255, February.

    Cited by:

    1. Joanna Błach, 2020. "Barriers to Financial Innovation—Corporate Finance Perspective," JRFM, MDPI, vol. 13(11), pages 1-23, November.
    2. Praveen Kumar & Stuart M. Turnbull, 2008. "Optimal Patenting and Licensing of Financial Innovations," Management Science, INFORMS, vol. 54(12), pages 2012-2023, December.
    3. Mehmet Balcilar & Riza Demirer, 2014. "The Effect of Global Shocks and Volatility on Herd Behavior in Borsa Istanbul," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 142-172, March.
    4. Pol, Eduardo, 2009. "Regulating Financial Innovations Without Apology," Economics Working Papers wp09-01, School of Economics, University of Wollongong, NSW, Australia.
    5. Julian Atanassov, 2016. "Arm’s Length Financing and Innovation: Evidence from Publicly Traded Firms," Management Science, INFORMS, vol. 62(1), pages 128-155, January.
    6. Thomas Philippon & Ariell Reshef, 2009. "Wages and Human Capital in the U.S. Financial Industry: 1909-2006," NBER Working Papers 14644, National Bureau of Economic Research, Inc.
    7. Yiyi Su & Steven Si, 2015. "What Motivates Financial Innovation Across Countries? The Influences of Performance Aspiration and Economic Freedom," Management International Review, Springer, vol. 55(4), pages 563-587, August.
    8. Arthur Fishman & Hadas Don-Yehiya & Amnon Schreiber, 2018. "Too big to succeed or too big to fail?," Small Business Economics, Springer, vol. 51(4), pages 811-822, December.
    9. Suleyman Hilmi Kal & Nuran Arslaner & Ferhat Arslaner, 2014. "Inflation Dynamics and Business Cycles," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 121-129, March.
    10. Josh Lerner & Amit Seru, 2017. "The Use and Misuse of Patent Data: Issues for Corporate Finance and Beyond," NBER Working Papers 24053, National Bureau of Economic Research, Inc.
    11. Ernkvist, Mirko, 2015. "The double knot of technology and business-model innovation in the era of ferment of digital exchanges: The case of OM, a pioneer in electronic options exchanges," Technological Forecasting and Social Change, Elsevier, vol. 99(C), pages 285-299.
    12. Neil Fligstein, 2021. "Innovation and the theory of fields," AMS Review, Springer;Academy of Marketing Science, vol. 11(3), pages 272-289, December.
    13. Tamer Khraisha & Keren Arthur, 2018. "Can we have a general theory of financial innovation processes? A conceptual review," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 4(1), pages 1-27, December.
    14. W. Scott Frame & Lawrence J. White, 2009. "Technological Change, Financial Innovation, and Diffusion in Banking," Working Papers 09-03, New York University, Leonard N. Stern School of Business, Department of Economics.
    15. Josh Lerner, 2008. "The Litigation of Financial Innovations," NBER Working Papers 14324, National Bureau of Economic Research, Inc.
    16. Hall, Bronwyn H., 2010. "Business and financial method patents, innovation, and policy," MERIT Working Papers 2010-010, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    17. Amin, Md Ruhul & Wang, Xinyu & Aktas, Elvan, 2023. "Does oil price uncertainty affect corporate innovation?," Energy Economics, Elsevier, vol. 118(C).
    18. Won Sang Lee & So Young Sohn, 2017. "Identifying Emerging Trends of Financial Business Method Patents," Sustainability, MDPI, vol. 9(9), pages 1-21, September.
    19. Mihaela DIACONU, 2023. "Obstacles to innovation and policy implications: exploring the case of Romanian firms," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(634), S), pages 5-20, Spring.
    20. Cohen, Wesley M., 2010. "Fifty Years of Empirical Studies of Innovative Activity and Performance," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 129-213, Elsevier.
    21. Gerald Epstein & James Crotty, 2013. "How big is too big? On the social efficiency of the financial sector in the United States," Chapters, in: Jeannette Wicks-Lim & Robert Pollin (ed.), Capitalism on Trial, chapter 20, Edward Elgar Publishing.
    22. Ege Yazgan, 2014. "The effect of investors' confidence on monetary policy- economic growth relationship: a Multivariate GARCH approach," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 82-109, March.
    23. Leonard Kostovetsky & Jerold B. Warner, 2020. "Measuring Innovation and Product Differentiation: Evidence from Mutual Funds," Journal of Finance, American Finance Association, vol. 75(2), pages 779-823, April.
    24. Sezer Bozkus Kahyaoglu & M. Vedat Pazarlioglu, 2014. "Hedging Strategy for Electricity Market Price Volatility: The Case of Turkish Electricity Market," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 196-210, March.
    25. Guzin Gulsun Akin & Ahmet Faruk Aysan & Gültekin Gollu & Levent Yildiran, 2014. "Formal and Informal Regulations for Credit Card Payment Services," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 1-33, March.
    26. Thorsten Beck & Tao Chen & Chen Lin & Frank M. Song, 2012. "Financial Innovation: The Bright and the Dark Sides," Working Papers 052012, Hong Kong Institute for Monetary Research.
    27. Kurt Dew, 2006. "Why Is The Profitability of Financial Innovation So Difficult to Identify? Innovation Clusters and Productive Opacity," NFI Working Papers 2006-WP-12, Indiana State University, Scott College of Business, Networks Financial Institute, revised Apr 2007.
    28. Sadettin Haluk Citci, 2014. "Agency and Transparency in Financial Markets," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 110-120, March.
    29. Lei Cheng & Zhen Lei, 2015. "Does the expansion of Chinese state-owned enterprises affect the innovative behavior of private enterprises?," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 22(1), pages 24-54, March.
    30. Beniamino Moro, 2013. "The Run On Repo and the Liquidity Shortage Problems of the Current Global Financial Crisis: Europe vs. The US," Ekonomi-tek - International Economics Journal, Turkish Economic Association, vol. 2(1), pages 41-77, January.
    31. Cardella, Eric & Kalcheva, Ivalina & Shang, Danjue, 2018. "Financial markets and genetic variation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 52(C), pages 64-89.
    32. Fabian Kuehnhausen, 2014. "The Impact of Financial Innovation on Firm Stability," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 211-239, March.
    33. Korkeamäki, Timo & Takalo, Tuomas, 2010. "Valuation of innovation: The case of iPhone," MPRA Paper 28042, University Library of Munich, Germany.
    34. Ahmet Duran & Burhaneddin Izgi, 2014. "Comovement and Polarization of Interest Rate and Stock Market in Turkey," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 130-141, March.
    35. Orhan Erdem & Evren Arik & Serkan Yuksel, 2014. "Trading Puzzle," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 66-81, March.
    36. Yankuo Qiao, 2023. "To delegate or not to delegate? On the quality of voluntary corporate financial disclosure," Review of Managerial Science, Springer, vol. 17(7), pages 2215-2250, October.
    37. Ivan Zelenko, 2009. "Innovations financières pour les pays émergents," Revue d'Économie Financière, Programme National Persée, vol. 95(2), pages 157-171.
    38. Kim, Teakdong & Koo, Bonwoo & Park, Minsoo, 2013. "Role of financial regulation and innovation in the financial crisis," Journal of Financial Stability, Elsevier, vol. 9(4), pages 662-672.
    39. Hasan, Iftekhar & Li, Xiang & Takalo, Tuomas, 2023. "Technological innovation and the bank lending channel of monetary policy transmission," BOFIT Discussion Papers 9/2023, Bank of Finland Institute for Emerging Economies (BOFIT).
    40. Tabacco, Giovanni Alberto, 2015. "Does competition spur innovation? Evidence from labor productivity data for the banking industry," Economics Letters, Elsevier, vol. 132(C), pages 45-47.
    41. I.G.Okafor, Ph.D, 2019. "Analysis of Financial Innovation Development in Nigerian Banking Sector," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 3(11), pages 559-570, November.
    42. Hasan Cömert & Gerald Epstein, 2016. "Finansal Yenilik Yazinindaki Son Gelismeler," STPS Working Papers 1604, STPS - Science and Technology Policy Studies Center, Middle East Technical University, revised Jan 2016.
    43. Dominic Atogumsekiya Anarigide & Haruna Issahaku & Stanley Kojo Dary, 2023. "Drivers of financial innovation in sub-Saharan Africa," SN Business & Economics, Springer, vol. 3(9), pages 1-21, September.
    44. Hamid Mohtadi & Stefan Ruediger, 2014. "Volatility and Transparency of Financial Markets in the MENA Region," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 173-195, March.
    45. Antonina Waszczuk, 2014. "Assembling International Equity Datasets – Review of Studies on the Cross-Section of Common Stocks," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, vol. 1(2), pages 34-65, March.

  59. Jaffe Adam B. & Lerner Josh, 2006. "Innovation and Its Discontents," Capitalism and Society, De Gruyter, vol. 1(3), pages 1-36, December.

    Cited by:

    1. Gabriela Citlalli López-Torres & Gonzalo Maldonado Guzmán & Sandra Yesenia Pinzón Castro & Ricardo García Ramírez, 2016. "Collaboration and innovation activities in SMEs," Contaduría y Administración, Accounting and Management, vol. 61(3), pages 568-581, Julio-Sep.
    2. Bruno Van Pottelsberghe & Didier François, 2009. "The cost factor in patent systems," ULB Institutional Repository 2013/13422, ULB -- Universite Libre de Bruxelles.
    3. Ozgur Aydogmus & Erkan Gürpinar, 2022. "Science, Technology and Institutional Change in Knowledge Production: An Evolutionary Game Theoretic Framework," Dynamic Games and Applications, Springer, vol. 12(4), pages 1163-1188, December.
    4. Cozzi, Guido & Galli, Silvia, 2011. "Upstream innovation protection: common law evolution and the dynamics of wage inequality," MPRA Paper 31902, University Library of Munich, Germany.
    5. Mathias Dewatripont & Patrick Legros, 2013. "'Essential' patents, FRAND royalties and technological standards," ULB Institutional Repository 2013/168609, ULB -- Universite Libre de Bruxelles.
    6. Strumsky, Deborah & Lobo, José, 2015. "Identifying the sources of technological novelty in the process of invention," Research Policy, Elsevier, vol. 44(8), pages 1445-1461.
    7. Alfonso Gambardella, 2008. "Of Intellectual Property, Open Source and Innovation: Trends, and Some Opportunities for Italy," Rivista di Politica Economica, SIPI Spa, vol. 98(2), pages 57-83, March-Apr.
    8. Chu, Angus C., 2009. "Effects of Patent Length on R&D: A Quantitative DGE Analysis," MPRA Paper 16918, University Library of Munich, Germany.
    9. Ashish Arora & Sharon Belenzon & Andrea Patacconi & Jungkyu Suh, 2019. "The Changing Structure of American Innovation: Some Cautionary Remarks for Economic Growth," NBER Chapters, in: Innovation Policy and the Economy, Volume 20, pages 39-93, National Bureau of Economic Research, Inc.
    10. Joachim Henkel & Hans Zischka, 2019. "How many patents are truly valid? Extent, causes, and remedies for latent patent invalidity," European Journal of Law and Economics, Springer, vol. 48(2), pages 195-239, October.
    11. Francisco M. Gonzalez, "undated". "The Use of Coercion in Society: Insecure Property Rights, Conflict and Economic Backwardness," Working Papers 2010-15, Department of Economics, University of Calgary, revised 09 Sep 2011.
    12. Leonardo Costa Ribeiro & Ulisses Pereira Santos & Valbona Muzaka, 2022. "Trademarks as an indicator of innovation: towards a fuller picture," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(1), pages 481-508, January.
    13. De Loecker, Jan & Obermeier, Tim & Van Reenen, John, 2022. "Firms and inequality," LSE Research Online Documents on Economics 117827, London School of Economics and Political Science, LSE Library.
    14. Murat Yildizoglu & Bernard Jullien & Yannick Lung & Marie Claude Belis-Bergouignan, 2009. "Reinforcing the patent system? Effects of patent fences and knowledge diffusion on the development of new industries, technical progress and social welfare," Post-Print hal-01136366, HAL.
    15. Rockett, K, 2008. "Property Rights and Invention," Economics Discussion Papers 2857, University of Essex, Department of Economics.
    16. Alam, Md Razib & Dalziel, Margaret & Cozzarin, Brian P., 2022. "Invented here but owned elsewhere: The widening gap between domestic and foreign patent ownership in Canada," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    17. van Pottelsberghe de la Potterie, Bruno & de Rassenfosse, Gaétan, 2008. "On the price elasticity of demand for patents," CEPR Discussion Papers 7029, C.E.P.R. Discussion Papers.
    18. Picci, Lucio, 2009. "The Internationalization of Inventive Activity: A Gravity Model Using Patent Data," MPRA Paper 18467, University Library of Munich, Germany.
    19. José Fernández Donoso & Fernando Hernández, 2017. "International protection of intellectual property rights: a stochastic frontier index," Serie Working Papers 41, Universidad del Desarrollo, School of Business and Economics.
    20. William R. Kerr, 2010. "The Agglomeration of US Ethnic Inventors," NBER Chapters, in: Agglomeration Economics, pages 237-276, National Bureau of Economic Research, Inc.
    21. Yusuf, Shahid, 2007. "From creativity to innovation," Policy Research Working Paper Series 4262, The World Bank.
    22. Chu, Angus C., 2009. "Macroeconomic Effects of Intellectual Property Rights: A Survey," MPRA Paper 17342, University Library of Munich, Germany.
    23. Cassandra Sweet & Dalibor Eterovic, 2014. "Do Stronger Intellectual Property Rights Increase Innovation?," Working Papers ClioLab 18, EH Clio Lab. Instituto de Economía. Pontificia Universidad Católica de Chile.
    24. Guido Cozzi & Silvia Galli, 2014. "Sequential R&D and blocking patents in the dynamics of growth," Journal of Economic Growth, Springer, vol. 19(2), pages 183-219, June.
    25. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    26. Juan Alcacer & Michelle Gittelman & Bhaven Sampat, 2008. "Applicant and Examiner Citations in US Patents: An Overview and Analysis," Harvard Business School Working Papers 09-016, Harvard Business School.
    27. Ghafele, Roya & Gibert, Benjamin, 2011. "Crowdsourcing patent application review: leveraging new opportunities to capitalize on innovation?," MPRA Paper 38092, University Library of Munich, Germany.
    28. C. Scott Hemphill & Bhaven N. Sampat, 2011. "When Do Generics Challenge Drug Patents?," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 8(4), pages 613-649, December.
    29. Siebert, Ralph Bernd & Graevenitz, Georg von, 2010. "Licensing in the Patent Thicket - Timing and Benefits," MPRA Paper 24007, University Library of Munich, Germany.
    30. Murat YILDIZOGLU (E3i-IFReDE-GRES), 2006. "Reinforcing the patent system? Patent fencing, knowledge diffusion and welfare," Cahiers du GRES (2002-2009) 2006-23, Groupement de Recherches Economiques et Sociales.
    31. Yusuf, Shahid, 2009. "From creativity to innovation," Technology in Society, Elsevier, vol. 31(1), pages 1-8.
    32. Boldrin Michele & Levine David K., 2009. "Does Intellectual Monopoly Help Innovation?," Review of Law & Economics, De Gruyter, vol. 5(3), pages 991-1024, December.
    33. Ganslandt, Mattias, 2008. "Intellectual Property Rights and Competition Policy," Working Paper Series 726, Research Institute of Industrial Economics.
    34. Archibugi, Daniele & Filippetti, Andrea, 2010. "The globalisation of intellectual property rights: four learned lessons and four theses," MPRA Paper 21930, University Library of Munich, Germany.
    35. Chipten Valibhay & Pascal Le Masson & Benoit Weil, 2019. "The 'Distinctive Capacity': Managing the invention process by managing the prior art," Post-Print hal-02095821, HAL.
    36. Charles I. Jones, 2015. "The Facts of Economic Growth," NBER Working Papers 21142, National Bureau of Economic Research, Inc.
    37. Chu, Angus C., 2008. "Effects of Patent Policy on Income and Consumption Inequality in an R&D-Growth Model," MPRA Paper 10168, University Library of Munich, Germany.
    38. Christopher L Benson & Christopher L Magee, 2015. "Quantitative Determination of Technological Improvement from Patent Data," PLOS ONE, Public Library of Science, vol. 10(4), pages 1-23, April.
    39. Amy Kapczynski & Chan Park & Bhaven Sampat, 2012. "Polymorphs and Prodrugs and Salts (Oh My!): An Empirical Analysis of “Secondary” Pharmaceutical Patents," PLOS ONE, Public Library of Science, vol. 7(12), pages 1-9, December.
    40. Ueda, Masako & Hirukawa, Masayuki, 2008. "Venture Capital and Industrial ''Innovation''," CEPR Discussion Papers 7089, C.E.P.R. Discussion Papers.
    41. Graevenitz, Georg von & Wagner, Stefan & Harhoff, Dietmar, 2011. "Incidence and Growth of Patent Thickets - The Impact of Technological Opportunities and Complexity," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 356, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    42. Stefano Caselli & Stefano Gatti & Francesco Perrini, 2009. "Are Venture Capitalists a Catalyst for Innovation?," European Financial Management, European Financial Management Association, vol. 15(1), pages 92-111, January.
    43. Chipten Valibhay & Pascal Le Masson & Benoit Weil, 2018. "Comment l'analyse des modèles de l'invention dans le droit de la propriété intellectuelle permet de caractériser des régimes de conception et des stratégies d'organisation des connaissances," Post-Print hal-01904734, HAL.
    44. William R. Kerr, 2007. "The Ethnic Composition of US Inventors," Harvard Business School Working Papers 08-006, Harvard Business School.
    45. Sweet, Cassandra & Eterovic, Dalibor, 2019. "Do patent rights matter? 40 years of innovation, complexity and productivity," World Development, Elsevier, vol. 115(C), pages 78-93.
    46. Been-Lon Chen & Angus C. Chu, 2010. "A Note on R&D Spillovers, Multiple Equilibria and Indeterminacy," IEAS Working Paper : academic research 10-A002, Institute of Economics, Academia Sinica, Taipei, Taiwan.
    47. Douglas Cumming & Sofia Johan, 2010. "Phasing Out an Inefficient Venture Capital Tax Credit," Journal of Industry, Competition and Trade, Springer, vol. 10(3), pages 227-252, September.
    48. Angus Chu, 2009. "Effects of blocking patents on R&D: a quantitative DGE analysis," Journal of Economic Growth, Springer, vol. 14(1), pages 55-78, March.
    49. Bekkers, Rudi & Tur, Elena M. & Henkel, Joachim & van der Vorst, Tommy & Driesse, Menno & Contreras, Jorge L., 2022. "Overcoming inefficiencies in patent licensing: A method to assess patent essentiality for technical standards," Research Policy, Elsevier, vol. 51(10).
    50. Iciar Dominguez Lacasa & Alexander Giebler & Slavo Radošević, 2017. "Technological capabilities in Central and Eastern Europe: an analysis based on priority patents," Scientometrics, Springer;Akadémiai Kiadó, vol. 111(1), pages 83-102, April.
    51. Bronwyn H. Hall & Grid Thoma & Salvatore Torrisi, 2009. "Financial Patenting in Europe," NBER Working Papers 14714, National Bureau of Economic Research, Inc.
    52. Vidita Choudhry & Todd A. Ponzio, 2020. "Modernizing federal technology transfer metrics," The Journal of Technology Transfer, Springer, vol. 45(2), pages 544-559, April.
    53. Robert Cook-Deegan, 2007. "The science commons in health research: structure, function, and value," The Journal of Technology Transfer, Springer, vol. 32(3), pages 133-156, June.
    54. Nicolas van Zeebroeck, 2009. "From patent renewals to applications survival: do portfolio management strategies play a role in patent length?," Working Papers CEB 09-028.RS, ULB -- Universite Libre de Bruxelles.
    55. Davit Khachatryan & Brigitte Muehlmann, 2020. "Measuring the drafting alignment of patent documents using text mining," PLOS ONE, Public Library of Science, vol. 15(7), pages 1-20, July.
    56. Richard Gilbert, 2011. "A World without Intellectual Property? A Review of Michele Boldrin and David Levine's Against Intellectual Monopoly," Journal of Economic Literature, American Economic Association, vol. 49(2), pages 421-432, June.
    57. Enrico Santarelli & Francesca Lotti, 2007. "The Relationship among innovative Output, Productivity, and Profitability. A test comparing USPTO and EPO data," Jena Economics Research Papers 2007-020, Friedrich-Schiller-University Jena.
    58. Cerulli, Giovanni, 2014. "The Impact of Technological Capabilities on Invention: An Investigation Based on Country Responsiveness Scores," World Development, Elsevier, vol. 59(C), pages 147-165.
    59. Paul Grootendorst, 2009. "How should we support pharmaceutical innovation?," Social and Economic Dimensions of an Aging Population Research Papers 246, McMaster University.
    60. Carlos Rosell & Ajay Agrawal, 2006. "University Patenting: Estimating the Diminishing Breadth of Knowledge Diffusion and Consumption," NBER Working Papers 12640, National Bureau of Economic Research, Inc.
    61. Sun, Zhen & Wright, Brian D., 2022. "Citations backward and forward: Insights into the patent examiner's role," Research Policy, Elsevier, vol. 51(7).
    62. Silvia Galli, 2006. "Patents and Research Tools in a Schumpeterian Growth Model with Sequential Innovation," Rivista di Politica Economica, SIPI Spa, vol. 96(6), pages 63-104, November-.
    63. Patrick Cohendet & Matthieu Farcot & Julien Pénin, 2009. "Intellectual property in a knowledge-based economy : Patents to include vs. patents to exclude," Working Papers of BETA 2009-15, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.

  60. Josh Lerner & Jean Tirole, 2006. "A Model of Forum Shopping," American Economic Review, American Economic Association, vol. 96(4), pages 1091-1113, September.

    Cited by:

    1. Barbos, Andrei, 2013. "Project screening with tiered evaluation," Mathematical Social Sciences, Elsevier, vol. 66(3), pages 293-306.
    2. Baron, Justus & Ménière, Yann & Pohlmann, Tim, 2014. "Standards, consortia, and innovation," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 22-35.
    3. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    4. Pierre Larouche & Florian Schuett, 2019. "Repeated interaction in standard setting," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(3), pages 488-509, June.
    5. Doherty, Neil A. & Kartasheva, Anastasia V. & Phillips, Richard D., 2012. "Information effect of entry into credit ratings market: The case of insurers' ratings," Journal of Financial Economics, Elsevier, vol. 106(2), pages 308-330.
    6. Gill, David & Sgroi, Daniel, 2008. "The Optimal Choice of Pre-launch Reviewer: How Best to Transmit Information using Tests and Conditional Pricing," Economic Research Papers 269888, University of Warwick - Department of Economics.
    7. David Gill & Daniel Sgroi & Faculty of Economics and Churchill College & University of Cambridge, 2005. "Sequential Decisions with Tests," Economics Series Working Papers 242, University of Oxford, Department of Economics.
    8. Vitor Trindade & Johannes Moenius, 2007. "Networks, Standards and Intellectual Property Rights," Working Papers 0705, Department of Economics, University of Missouri.
    9. Xin Deng & Cher Li & Simona Mateut, 2020. "Participation in setting technology standards and the implied cost of equity," Discussion Papers 2020-29, University of Nottingham, GEP.
    10. Layne-Farrar, Anne & Llobet, Gerard, 2014. "Moving beyond simple examples: Assessing the incremental value rule within standards," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 57-69.
    11. Gastón Llanes & Joaquín Poblete, 2014. "Ex Ante Agreements in Standard Setting and Patent‐Pool Formation," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(1), pages 50-67, March.
    12. Nicolas Houy & Izabela Jelovac, 2014. "Drug approval decision times, international reference pricing and strategic launches of new drugs," Working Papers halshs-01072741, HAL.
    13. Benjamin Chiao & Josh Lerner & Jean Tirole, 2005. "The Rules of Standard Setting Organizations: An Empirical Analysis," NBER Working Papers 11156, National Bureau of Economic Research, Inc.
    14. Emmanuel Farhi & Josh Lerner & Jean Tirole, 2013. "Fear of rejection? Tiered certification and transparency," RAND Journal of Economics, RAND Corporation, vol. 44(4), pages 610-631, December.
    15. Anthony Heyes & Sandeep Kapur & Peter W. Kennedy & Steve Martin & John W. Maxwell, 2020. "But What Does It Mean? Competition between Products Carrying Alternative Green Labels When Consumers Are Active Acquirers of Information," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 7(2), pages 243-277.
    16. Achim Hecker & Tobias Kretschmer, 2014. "Public R&D as a Standard-Setting Device," Industry and Innovation, Taylor & Francis Journals, vol. 21(7-8), pages 599-615, November.
    17. Jain, Sanjay, 2012. "Pragmatic agency in technology standards setting: The case of Ethernet," Research Policy, Elsevier, vol. 41(9), pages 1643-1654.
    18. Fu, Xiao & Tan, Guofu & Wang, Jin, 2023. "Policy orientations and technology choices in standards wars," International Journal of Industrial Organization, Elsevier, vol. 88(C).
    19. Munirul Nabin & Pasquale Sgro & Surjasama Lahiri, 2023. "The role of standard‐setting organizations in deciding product quality and process innovation," International Journal of Economic Theory, The International Society for Economic Theory, vol. 19(4), pages 767-786, December.
    20. Anton Kolotilin, 2013. "Experimental Design to Persuade," Discussion Papers 2013-17, School of Economics, The University of New South Wales.
    21. Puay Khoon Toh & Cameron D. Miller, 2017. "Pawn to Save a Chariot, or Drawbridge Into the Fort? Firms' Disclosure During Standard Setting and Complementary Technologies Within Ecosystems," Strategic Management Journal, Wiley Blackwell, vol. 38(11), pages 2213-2236, November.
    22. Justus Baron & Yann Ménière & Tim Pohlmann, 2012. "Joint innovation in ICT standards: How consortia drive the volume of patent filings," Working Papers hal-00707291, HAL.
    23. Jullien, Bruno & Pavan, Alessandro & Rysman, Marc, 2021. "Two-sided Markets, Pricing, and Network Effects," TSE Working Papers 21-1238, Toulouse School of Economics (TSE).
    24. Berger, Florian & Blind, Knut & Thumm, Nikolaus, 2012. "Filing behaviour regarding essential patents in industry standards," Research Policy, Elsevier, vol. 41(1), pages 216-225.
    25. Bernhardt, Dan & Koufopoulos, Kostas & Trigilia, Giulio, 2021. "Profiting from the poor in competitive lending markets with adverse selection," The Warwick Economics Research Paper Series (TWERPS) 1328, University of Warwick, Department of Economics.
    26. Chryssoula Pentheroudakis & Justus A. Baron, 2016. "Licensing Terms of Standard Essential Patents: A Comprehensive Analysis of Cases," JRC Research Reports JRC104068, Joint Research Centre.
    27. Briana Chang & Martin Szydlowski, 2020. "The Market for Conflicted Advice," Journal of Finance, American Finance Association, vol. 75(2), pages 867-903, April.
    28. Tim POHLMANN, 2014. "The Evolution of ICT Standards Consortia," Communications & Strategies, IDATE, Com&Strat dept., vol. 1(95), pages 17-40, 3rd quart.
    29. Anthony Heyes & Steve Martin, 2018. "Inefficient NGO labels: Strategic proliferation and fragmentation in the market for certification," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(2), pages 206-220, June.
    30. Pierre Fleckinger, 2007. "Collective Reputation and Market Structure: Regulating the Quality vs Quantity Trade-of," Working Papers hal-00243080, HAL.
    31. Aija Elina Leiponen, 2008. "Competing Through Cooperation: The Organization of Standard Setting in Wireless Telecommunications," Management Science, INFORMS, vol. 54(11), pages 1904-1919, November.
    32. Loerke, Petra & Niedermayer, Andras, 2018. "On the effect of aggregate uncertainty on certification intermediaries’ incentives to distort ratings," European Economic Review, Elsevier, vol. 108(C), pages 20-48.
    33. Olivier Bos & Beatrice Roussillon & Paul Schweinzer, 2016. "Agreeing on efficient emissions reduction," Post-Print hal-01484843, HAL.
    34. Ying‐Ju Chen & Mingcherng Deng, 2013. "Supplier certification and quality investment in supply chains," Naval Research Logistics (NRL), John Wiley & Sons, vol. 60(3), pages 175-189, April.
    35. Atkinson, Scott & Marco, Alan C. & Turner, John L., "undated". "The Economics of a Centralized Judiciary: Uniformity, Forum Shopping and the Federal Circuit," Vassar College Department of Economics Working Paper Series 86, Vassar College Department of Economics.
    36. Baron, Justus, 2020. "Counting standard contributions to measure the value of patent portfolios - A tale of apples and oranges," Telecommunications Policy, Elsevier, vol. 44(3).
    37. Rysman, Marc & Simcoe, Tim, 2009. "Patents and the Performance of Voluntary Standard Setting Organizations," PIE/CIS Discussion Paper 418, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    38. David M. Waguespack & Lee Fleming, 2009. "Scanning the Commons? Evidence on the Benefits to Startups Participating in Open Standards Development," Management Science, INFORMS, vol. 55(2), pages 210-223, February.
    39. Gaessler, Fabian & Lefouili, Yassine, 2017. "What to Buy When Forum Shopping? Analyzing Court Selection in Patent Litigation," TSE Working Papers 17-775, Toulouse School of Economics (TSE).
    40. Wiegmann, Paul Moritz & Eggers, Felix & de Vries, Henk J. & Blind, Knut, 2022. "Competing Standard-Setting Organizations: A Choice Experiment," Research Policy, Elsevier, vol. 51(2).
    41. Rick Harbaugh & John W. Maxwell & Beatrice Roussillon, 2011. "Label Confusion: The Groucho Effect of Uncertain Standards," Management Science, INFORMS, vol. 57(9), pages 1512-1527, February.
    42. Riillo, Cesare Fabio Antonio, 2014. "ICT Standardization and use of ICT standards: a firm level analysis," MPRA Paper 63436, University Library of Munich, Germany.
    43. Matthieu Bouvard & Raphaël Levy, 2018. "Two-Sided Reputation in Certification Markets," Management Science, INFORMS, vol. 64(10), pages 4755-4774, October.
    44. David Gill & Daniel Sgroi, 2011. "The Optimal Choice of Pre-Launch Reviewer," Economics Series Working Papers 562, University of Oxford, Department of Economics.
    45. Justus Baron & Daniel F. Spulber, 2018. "Technology Standards and Standard Setting Organizations: Introduction to the Searle Center Database," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(3), pages 462-503, September.
    46. Justus Baron & Cher Li & Shukhrat Nasirov, 2019. "Why do R&D-intensive firms participate in standards organizations? The role of patents and product-market position," Discussion Papers 2019-16, University of Nottingham, GEP.
    47. Anthony Heyes & Steve Martin, 2017. "Social Labeling by Competing NGOs: A Model with Multiple Issues and Entry," Management Science, INFORMS, vol. 63(6), pages 1800-1813, June.
    48. Timothy Simcoe, 2013. "Governing the Anticommons: Institutional Design for Standard-Setting Organizations," NBER Chapters, in: Innovation Policy and the Economy, Volume 14, pages 99-128, National Bureau of Economic Research, Inc.
    49. Leiponen, Aija, 2006. "Competing through cooperation: Standard setting in wireless telecommunications," Discussion Papers 1056, The Research Institute of the Finnish Economy.
    50. Jiang, Jiaming & Goel, Rajeev K. & Zhang, Xingyuan, 2020. "IPR policies and membership in standard setting organizations: A social network analysis," Kiel Working Papers 2153, Kiel Institute for the World Economy (IfW Kiel).
    51. Daniel F Spulber, 2019. "Standard Setting Organisations and Standard Essential Patents: Voting and Markets," The Economic Journal, Royal Economic Society, vol. 129(619), pages 1477-1509.
    52. Justus Baron & Kirti Gupta, 2018. "Unpacking 3GPP standards," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(3), pages 433-461, September.
    53. Fehder, Daniel C. & Murray, Fiona & Stern, Scott, 2014. "Intellectual property rights and the evolution of scientific journals as knowledge platforms," International Journal of Industrial Organization, Elsevier, vol. 36(C), pages 83-94.
    54. Gastón Llanes, 2019. "Ex-ante Agreements and FRAND Commitments in a Repeated Game of Standard-Setting Organizations," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 54(1), pages 159-174, February.
    55. Aner Sela, 2022. "Status Classification By Lottery Contests," Working Papers 2206, Ben-Gurion University of the Negev, Department of Economics.
    56. Bonani, Michela, 2023. "Essays on innovation, cooperation, and competition under standardization," Other publications TiSEM 1c87d7fc-2c24-430a-9d4e-1, Tilburg University, School of Economics and Management.
    57. Naso, Pedro & Bulte, Erwin & Swanson, Tim, 2020. "Legal pluralism in post-conflict Sierra Leone," European Journal of Political Economy, Elsevier, vol. 61(C).
    58. Cesare A.F. Riillo & Kai Jakobs, 2023. "Too many or too few Standards Setters? Evidence from the Performance of Firms engaged in Standardization," The Journal of Technology Transfer, Springer, vol. 48(6), pages 2106-2131, December.
    59. Xia Li & Timothy Simcoe, 2021. "Competing or complementary labels? Estimating spillovers in Chinese green building certification," Strategic Management Journal, Wiley Blackwell, vol. 42(13), pages 2451-2476, December.
    60. Wen, Wen & Forman, Chris & Jarvenpaa, Sirkka L, 2022. "The effects of technology standards on complementor innovations: Evidence from the IETF," Research Policy, Elsevier, vol. 51(6).
    61. Nizar Abdelkafi & Sergiy Makhotin & Marina Thuns & Anna Pohle & Knut Blind, 2016. "To Standardise Or To Patent? Development Of A Decision Making Tool And Recommendations For Young Companies," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(08), pages 1-30, December.
    62. Wen Wen & Chris Forman & Sirkka Jarvenpaa, 2014. "How Do Open Standards Influence Inventive Activity? Evidence from the IETF," Working Papers 14-20, NET Institute.

  61. Josh Lerner, 2005. "150 Years of Patent Office Practice," American Law and Economics Review, American Law and Economics Association, vol. 7(1), pages 112-143.
    See citations under working paper version above.
  62. Josh Lerner & Antoinette Schoar, 2005. "Does Legal Enforcement Affect Financial Transactions? The Contractual Channel in Private Equity," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(1), pages 223-246.

    Cited by:

    1. Lerner, Josh & Schoar, Antoinette & Sokolinski, Stanislav & Wilson, Karen, 2018. "The globalization of angel investments: Evidence across countries," Journal of Financial Economics, Elsevier, vol. 127(1), pages 1-20.
    2. Joseph McCahery & Erik Vermeulen, 2012. "Private equity regulation: a comparative analysis," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 16(2), pages 197-233, May.
    3. Bienz, Carsten & Walz, Uwe, 2007. "Evolution of Decision and Control Rights in Venture Capital Contracts: An Empirical Analysis," Discussion Papers 2007/13, Norwegian School of Economics, Department of Business and Management Science.
    4. Roman Inderst & Vladimir Vladimirov, 2019. "Growth Firms and Relationship Finance: A Capital Structure Perspective," Management Science, INFORMS, vol. 65(11), pages 5411-5426, November.
    5. Bottazzi, L. & Da Rin, M. & Hellmann, T., 2010. "The Importance of Trust for Investment : Evidence From Venture Capital (Revision of DP 2009-43)," Discussion Paper 2010-49, Tilburg University, Center for Economic Research.
    6. Andrew Metrick & Ayako Yasuda, 2011. "Venture Capital and Other Private Equity: a Survey," European Financial Management, European Financial Management Association, vol. 17(4), pages 619-654, September.
    7. Nicola Gennaioli & Enrico Perotti, 2009. "Standardized enforcement: Access to justice vs contractual innovation," Economics Working Papers 1329, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2012.
    8. Juliano J. Assunção & Efraim Benmelech & Fernando S. S. Silva, 2012. "Repossession and the Democratization of Credit," NBER Working Papers 17858, National Bureau of Economic Research, Inc.
    9. Lopez-de-Silanes, Florencio & La Porta, Rafael & Shleifer, Andrei, 2008. "The Economic Consequences of Legal Origins," Scholarly Articles 2962610, Harvard University Department of Economics.
    10. Tan, Man & Yang, Dengyu & Yang, Qijing, 2023. "Institutional quality, asset specificity, and foreign direct investment," Journal of International Money and Finance, Elsevier, vol. 134(C).
    11. Gregor Matvos, 2013. "Estimating the Benefits of Contractual Completeness," The Review of Financial Studies, Society for Financial Studies, vol. 26(11), pages 2798-2844.
    12. Nicola Gennaioli & Stefano Rossi, 2012. "Contractual Resolutions of Financial Distress," Working Papers 651, Barcelona School of Economics.
    13. Lopez-de-Silanes, Florencio & Phalippou, Ludovic & Gottschalg, Olivier, 2010. "Giants at the Gate: On the Cross-section of Private Equity Investment Returns," MPRA Paper 28487, University Library of Munich, Germany.
    14. Andrieu, Guillaume & Groh, Alexander Peter, 2018. "Specialist versus generalist investors: Trading off support quality, investment horizon and control rights," European Economic Review, Elsevier, vol. 101(C), pages 459-478.
    15. Hans Degryse & Vasso Ioannidou & José María Liberti & Jason Sturgess, 2018. "How Do Laws and Institutions affect Recovery Rates on Collateral?," Working Papers 870, Queen Mary University of London, School of Economics and Finance.
    16. Bennedsen, Morten & Nielsen, Kasper Meisner & Nielsen, Thomas Vester, 2012. "Private contracting and corporate governance: Evidence from the provision of tag-along rights in Brazil," Journal of Corporate Finance, Elsevier, vol. 18(4), pages 904-918.
    17. Cumming, Douglas & Zambelli, Simona, 2010. "Illegal buyouts," Journal of Banking & Finance, Elsevier, vol. 34(2), pages 441-456, February.
    18. Laura Bottazzi & Marco Da Rin & Thomas Hellmann, 2007. "The Importance of Trust for Investment: Evidence from Venture Capital," Working Papers 325, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    19. Douglas Cumming & Sofia Johan, 2006. "Provincial preferences in private equity," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 20(4), pages 369-398, December.
    20. Arqué-Castells, Pere, 2012. "How venture capitalists spur invention in Spain: Evidence from patent trajectories," Research Policy, Elsevier, vol. 41(5), pages 897-912.
    21. Cao, Jerry X. & Cumming, Douglas & Qian, Meijun & Wang, Xiaoming, 2015. "Cross-border LBOs," Journal of Banking & Finance, Elsevier, vol. 50(C), pages 69-80.
    22. Inderst, Roman & Vladimirov, Vladimir, 2012. "Preserving "Debt Capacity" or "Equity Capacity": A Dynamic Theory of Security Design under Asymmetric Information," MPRA Paper 53840, University Library of Munich, Germany.
    23. Henrekson, Magnus & Sanandaji, Tino, 2017. "Stock Option Taxation: A Missing Piece in European Innovation Policy?," Working Paper Series 1168, Research Institute of Industrial Economics, revised 20 Feb 2018.
    24. Cumming, Douglas & Zambelli, Simona, 2013. "Private equity performance under extreme regulation," Journal of Banking & Finance, Elsevier, vol. 37(5), pages 1508-1523.
    25. Kaplan, David S. & Sadka, Joyce, 2011. "The Plaintiff's Role in Enforcing a Court Ruling: Evidence from a Labor Court in Mexico," IDB Publications (Working Papers) 3193, Inter-American Development Bank.
    26. Pascal Gantenbein & Axel Kind & Christophe Volonté, 2019. "Individualism and Venture Capital: A Cross-Country Study," Management International Review, Springer, vol. 59(5), pages 741-777, October.
    27. Di Pietro, Francesca & Butticè, Vincenzo, 2020. "Institutional characteristics and the development of crowdfunding across countries," International Review of Financial Analysis, Elsevier, vol. 71(C).
    28. Bottazzi, L. & Da Rin, M. & Hellmann, T., 2008. "What is the Role of Legal Systems in Financial Intermediation? Theory and Evidence," Discussion Paper 2008-30, Tilburg University, Center for Economic Research.
    29. Geraldo Cerqueiro & María Fabiana Penas, 2017. "How Does Personal Bankruptcy Law Affect Startups?," The Review of Financial Studies, Society for Financial Studies, vol. 30(7), pages 2523-2554.
    30. Mann, William, 2018. "Creditor rights and innovation: Evidence from patent collateral," Journal of Financial Economics, Elsevier, vol. 130(1), pages 25-47.
    31. Hein Roelfsema & Yi Zhang, 2012. "The causal effect of institutional quality on outsourcing," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 21(6), pages 895-920, January.
    32. Bian, Bo & Li, Yingxiang & Nigro, Casimiro A., 2022. "Conflicting fiduciary duties and fire sales of VC-backed start-ups," LawFin Working Paper Series 35, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    33. Victor Zitian Chen & Sunny Li Sun, 2019. "Barbarians at the Gate of the Middle Kingdom: The International Mobility of Financing Contract and Governance," Entrepreneurship Theory and Practice, , vol. 43(4), pages 802-837, July.
    34. Johan, Sofia & Zhang, Minjie, 2016. "Private equity exits in emerging markets," Emerging Markets Review, Elsevier, vol. 29(C), pages 133-153.
    35. Groh, Alexander P. & Liechtenstein, Heinrich & Canela, Miguel A., 2008. "Limited partners' perceptions of the Central Eastern European venture capital and private equity market," IESE Research Papers D/727, IESE Business School.
    36. Rocco Macchiavello & Ameet Morjaria, 2022. "Acquisitions, Management, and Efficiency in Rwanda's Coffee Industry," NBER Working Papers 30230, National Bureau of Economic Research, Inc.
    37. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    38. Allen, Franklin & Chakrabarti, Rajesh & De, Sankar & Qian, Jun & Qian, Meijun, 2011. "Financing Firms in India," Working Papers 12-01, University of Pennsylvania, Wharton School, Weiss Center.
    39. Giovanni Favara & Erwan Morellec & Enrique J. Schroth & Philip Valta, 2013. "Debt Enforcement, Investment, and Risk Taking Across Countries," Swiss Finance Institute Research Paper Series 13-64, Swiss Finance Institute.
    40. Inderst, Roman & Vladimirov, Vladimir, 2019. "Growth Firms and Relationship Finance: A Capital Structure Approach," CEPR Discussion Papers 13640, C.E.P.R. Discussion Papers.
    41. Carsten Bienz & Uwe Walz, 2010. "Venture Capital Exit Rights," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(4), pages 1071-1116, December.
    42. Jorge Guzman & Fiona Murray & Scott Stern & Heidi Williams, 2023. "Accelerating Innovation Ecosystems: The Promise and Challenges of Regional Innovation Engines," NBER Chapters, in: Entrepreneurship and Innovation Policy and the Economy, volume 3, pages 9-75, National Bureau of Economic Research, Inc.
    43. Cumming, Douglas & Schmidt, Daniel & Walz, Uwe, 2010. "Legality and venture capital governance around the world," Journal of Business Venturing, Elsevier, vol. 25(1), pages 54-72, January.
    44. Nathan Nunn, 2009. "The Importance of History for Economic Development," NBER Working Papers 14899, National Bureau of Economic Research, Inc.
    45. Jun Qian & Philip E. Strahan, 2005. "How Law and Institutions Shape Financial Contracts: The Case of Bank Loans," NBER Working Papers 11052, National Bureau of Economic Research, Inc.
    46. Lloyd Blenman & Nischala Reddy, 2014. "Leveraged Buyout Activity: A Tale of Developed and Developing Economies," Journal of Financial Management, Markets and Institutions, Società editrice il Mulino, issue 2, pages 157-184, December.
    47. Steven N. Kaplan & Josh Lerner, 2010. "It Ain't Broke: The Past, Present, and Future of Venture Capital," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(2), pages 36-47, April.
    48. Dessi, Roberta, 2011. "Innovation, Spillovers and Venture Capital Contracts," TSE Working Papers 11-253, Toulouse School of Economics (TSE), revised Dec 2013.
    49. Areneke, Geofry & Adegbite, Emmanuel & Tunyi, Abongeh, 2022. "Transfer of corporate governance practices into weak emerging market environments by foreign institutional investors," International Business Review, Elsevier, vol. 31(5).
    50. Schertler, Andrea & Tykvová, Tereza, 2011. "Venture capital and internationalization," International Business Review, Elsevier, vol. 20(4), pages 423-439, August.
    51. Marco Da Rin & Giovanna Nicodano & Alessandro Sembenelli, 2004. "Public Policy and the Creation of Active Venture Capital Markets," Working Papers 270, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    52. Groh, Alexander Peter & von Liechtenstein, Heinrich, 2009. "How attractive is central Eastern Europe for risk capital investors?," Journal of International Money and Finance, Elsevier, vol. 28(4), pages 625-647, June.
    53. Santiago Mingo & Francisco Morales & Luis Alfonso Dau, 2018. "The interplay of national distances and regional networks: Private equity investments in emerging markets," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 49(3), pages 371-386, April.
    54. D'Acunto, Francesco & Xie, Jin & Yao, Jiaquan, 2022. "Trust and contracts: Empirical evidence," LawFin Working Paper Series 32, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    55. Peter Cornelius & Karlijn Juttmann & Broes Langelaar, 2009. "Home Bias in Leveraged Buyouts," International Finance, Wiley Blackwell, vol. 12(3), pages 321-349, December.
    56. Macher Jeffrey T & Mayo John W & Schiffer Mirjam, 2011. "The Influence of Firms on Government," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 11(1), pages 1-27, January.
    57. Douglas Cumming & Grant Fleming & Armin Schwienbacher, 2009. "Corporate Relocation in Venture Capital Finance," Entrepreneurship Theory and Practice, , vol. 33(5), pages 1121-1155, September.
    58. Groh, Alexander P. & Liechtenstein, Heinrich & Lieser, Karsten, 2008. "The European venture capital and private equity country attractiveness index(es)," IESE Research Papers D/773, IESE Business School.
    59. Josh Lerner & Joacim Tåg, 2013. "Institutions and venture capital," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(1), pages 153-182, February.
    60. Herrera-Echeverri Hernán & Salazar-Duque Juan Guillermo & Haar Jerry, 2017. "Private Equity and Devaluation in Emerging Countries," Global Economy Journal, De Gruyter, vol. 17(1), pages 1-26, March.
    61. Choi, Jongmoo Jay & Lee, Sang Mook & Shoham, Amir, 2016. "The effects of institutional distance on FDI inflow: General environmental institutions (GEI) versus minority investor protection institutions (MIP)," International Business Review, Elsevier, vol. 25(1), pages 114-123.
    62. Qianqian Du & Ilan Vertinsky, 2011. "International patterns of ownership structure choices of start-ups: does the quality of law matter?," Small Business Economics, Springer, vol. 37(2), pages 235-254, September.
    63. Dietmar P.J. Leisen, 2012. "Staged venture capital contracting with ratchets and liquidation rights," Review of Financial Economics, John Wiley & Sons, vol. 21(1), pages 21-30, January.
    64. Ayyagari, Meghana & Demirguc-Kunt, Asli & Maksimovic, Vojislav, 2012. "Financing of firms in developing countries : lessons from research," Policy Research Working Paper Series 6036, The World Bank.
    65. Charles E. Eesley & Robert N. Eberhart & Bradley R. Skousen & Joseph L. C. Cheng, 2018. "Institutions and Entrepreneurial Activity: The Interactive Influence of Misaligned Formal and Informal Institutions," Strategy Science, INFORMS, vol. 3(2), pages 393-407, June.
    66. Liu, Yu & Maula, Markku, 2021. "Contextual status effects: The performance effects of host-country network status and regulatory institutions in cross-border venture capital," Research Policy, Elsevier, vol. 50(5).
    67. Aurélie Sannajust & Alexander Peter Groh, 2020. "There's no need to be a pioneer in emerging private equity markets," Post-Print hal-03511382, HAL.
    68. Langberg, Nisan, 2008. "Optimal financing for growth firms," Journal of Financial Intermediation, Elsevier, vol. 17(3), pages 379-406, July.
    69. Cumming, Douglas & Johan, Sofia, 2007. "Regulatory harmonization and the development of private equity markets," Journal of Banking & Finance, Elsevier, vol. 31(10), pages 3218-3250, October.
    70. María Jesús Rodríguez-Gulías & Sara Fernández-López & David Rodeiro-Pazos & Christian Corsi & Antonio Prencipe, 2018. "The role of knowledge spillovers on the university spin-offs innovation," Science and Public Policy, Oxford University Press, vol. 45(6), pages 875-883.
    71. Iman Seoudi, 2015. "Public Policy For Venture Capital: An Integrated Framework," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 9(4), pages 31-51.
    72. Douglas Cumming, 2010. "Public policy and the creation of active venture capital markets," Venture Capital, Taylor & Francis Journals, vol. 13(1), pages 75-94, April.
    73. Amina Hamdouni, 2011. "Impact de la syndication sur la performance des entreprises financées par capital-investissement et sur la richesse des parties prenantes," Post-Print hal-00650456, HAL.
    74. Ughetto, Elisa, 2010. "Assessing the contribution to innovation of private equity investors: A study on European buyouts," Research Policy, Elsevier, vol. 39(1), pages 126-140, February.
    75. Papaioannou, Elias & Karatza, Stavroula, 2018. "The Greek Justice System: Collapse and Reform," CEPR Discussion Papers 12731, C.E.P.R. Discussion Papers.
    76. Patricia Crifo & Vanina Forget, 2013. "Think Global, Invest Responsible: Why the Private Equity Industry Goes Green," Journal of Business Ethics, Springer, vol. 116(1), pages 21-48, August.
    77. Bengtsson, Ola & Sensoy, Berk A., 2011. "Investor abilities and financial contracting: Evidence from venture capital," Journal of Financial Intermediation, Elsevier, vol. 20(4), pages 477-502, October.
    78. John Armour & Douglas Cumming, 2006. "The legislative road to Silicon Valley," Oxford Economic Papers, Oxford University Press, vol. 58(4), pages 596-635, October.
    79. Giacomo A.M. Ponzetto & Nicola Gennaioli, 2015. "Optimally Vague Contracts and the Law," Working Papers 747, Barcelona School of Economics.
    80. Miguel Meuleman & Mike Wright, 2011. "Cross-border private equity syndication : Institutional context and learning," Post-Print hal-02312594, HAL.
    81. Giacomo Rodano, 2021. "Judicial efficiency and bank credit to firms," Temi di discussione (Economic working papers) 1322, Bank of Italy, Economic Research and International Relations Area.
    82. Efraim Benmelech & Nittai K. Bergman, 2010. "Vintage Capital and Creditor Protection," NBER Working Papers 15735, National Bureau of Economic Research, Inc.
    83. Jean Helwege & Frank Packer, 2008. "Private matters," BIS Working Papers 266, Bank for International Settlements.
    84. Sofia Johan & Dorra Najar, 2011. "The Role of Law, Corruption and Culture in Investment Fund Manager Fees," Post-Print halshs-00639925, HAL.
    85. Cumming, Douglas & Johan, Sofia Atiqah binti, 2008. "Preplanned exit strategies in venture capital," European Economic Review, Elsevier, vol. 52(7), pages 1209-1241, October.
    86. Kaplan, Steven N. & Martel, Frederic & Stromberg, Per, 2007. "How do legal differences and experience affect financial contracts?," Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 273-311, July.
    87. Fan, Joseph P.H. & Gillan, Stuart L. & Yu, Xin, 2013. "Innovation or imitation?," Journal of Multinational Financial Management, Elsevier, vol. 23(3), pages 208-234.
    88. Aldatmaz, Serdar & Brown, Gregory W., 2020. "Private equity in the global economy: Evidence on industry spillovers," Journal of Corporate Finance, Elsevier, vol. 60(C).
    89. Armin Schwienbacher, 2008. "Venture capital investment practices in Europe and the United States," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 22(3), pages 195-217, September.
    90. Sonal Pandya & David Leblang, 2017. "Risky business: Institutions vs. social networks in FDI," Economics and Politics, Wiley Blackwell, vol. 29(2), pages 91-117, July.
    91. Mingo, Santiago & Junkunc, Marc & Morales, Francisco, 2018. "The interplay between home and host country institutions in an emerging market context: Private equity in Latin America," Journal of World Business, Elsevier, vol. 53(5), pages 653-667.
    92. Dessi, Roberta & Yin, Nina, 2015. "Venture Capital and Knowledge Transfer," IDEI Working Papers 845, Institut d'Économie Industrielle (IDEI), Toulouse.
    93. Guo, Di & Hua, Xinyu & Jiang, Kun, 2017. "Agency and strategic contracts: Theory and evidence from R&D agreements in the pharmaceutical industry," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 37-64.
    94. Tereza Tykvová, 2018. "Venture capital and private equity financing: an overview of recent literature and an agenda for future research," Journal of Business Economics, Springer, vol. 88(3), pages 325-362, May.
    95. Max Schreder, 2018. "Volatility forecasting in practice: exploratory evidence from European hedge funds," Journal of Asset Management, Palgrave Macmillan, vol. 19(4), pages 245-258, July.
    96. Henrekson, Magnus & Sanandaji, Tino, 2016. "Stock Option Taxation and Venture Capital Activity: A Cross-Country Comparison," Working Paper Series 1104, Research Institute of Industrial Economics, revised 09 Nov 2017.
    97. Sannajust, Aurélie & Groh, Alexander Peter, 2020. "There's no need to be a pioneer in emerging private equity markets," Journal of Corporate Finance, Elsevier, vol. 65(C).
    98. Hui Fu & Jun Yang & Yunbi An, 2019. "Contracts for venture capital financing with double-sided moral hazard," Small Business Economics, Springer, vol. 53(1), pages 129-144, June.
    99. Nunn, Nathan, 2007. "Relationship-Specificity, Incomplete Contracts, and the Pattern of Trade," Scholarly Articles 4686801, Harvard University Department of Economics.
    100. Sofia Johan & Dorra Najar, 2010. "The Role of Corruption, Culture, and Law in Investment Fund Manager Fees," Journal of Business Ethics, Springer, vol. 95(2), pages 147-172, September.
    101. Pezone, Vincenzo, 2020. "The Real Effects of Judicial Enforcement," LawFin Working Paper Series 11, Goethe University, Center for Advanced Studies on the Foundations of Law and Finance (LawFin).
    102. Ioannidou, Vasso & Degryse, Hans & Liberti, Jose Maria & Sturgess, Jason, 2016. "When Do Laws and Institutions Affect Recovery Rates on Collateral?," CEPR Discussion Papers 11406, C.E.P.R. Discussion Papers.
    103. Stefano Caselli & Stefano Gatti & Francesco Perrini, 2009. "Are Venture Capitalists a Catalyst for Innovation?," European Financial Management, European Financial Management Association, vol. 15(1), pages 92-111, January.
    104. Guzman, Jorge, 2020. "The Direct Effect of Corporate Law on Entrepreneurship," SocArXiv 967ph, Center for Open Science.
    105. Poonam Khanna & Lemaro Thompson & Michael Mcdonald, 2015. "Research On Venture Capital Firms’ ‘Investment Behavior A Review’," Working Papers 0197mgt, College of Business, University of Texas at San Antonio.
    106. Gao, Xiang, 2011. "essays in international economics," ISU General Staff Papers 201101010800003244, Iowa State University, Department of Economics.
    107. Douglas Cumming & Minjie Zhang, 2019. "Angel investors around the world," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(5), pages 692-719, July.
    108. Markus Taussig & Andrew Delios, 2015. "Unbundling the effects of institutions on firm resources: The contingent value of being local in emerging economy private equity," Strategic Management Journal, Wiley Blackwell, vol. 36(12), pages 1845-1865, December.
    109. Jeffrey Macher & John Mayo, 2012. "The World of Regulatory Influence," Journal of Regulatory Economics, Springer, vol. 41(1), pages 59-79, February.
    110. Ola Bengtsson & S. Abraham Ravid, 2015. "Location Specific Styles and US Venture Capital Contracting," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 5(03), pages 1-40, September.
    111. Tykvová, Tereza & Schertler, Andrea, 2011. "Cross-border venture capital flows and local ties: Evidence from developed countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 51(1), pages 36-48, February.
    112. Groh, Alexander P. & Liectenstein, Heinrich, 2009. "The first step of the capital flow from institutions to entrepreneurs: The criteria for sorting venture capital funds," IESE Research Papers D/795, IESE Business School.
    113. Tappeiner, Florian & Howorth, Carole & Achleitner, Ann-Kristin & Schraml, Stephanie, 2012. "Demand for private equity minority investments: A study of large family firms," Journal of Family Business Strategy, Elsevier, vol. 3(1), pages 38-51.
    114. Berger, Allen N. & Hasan, Iftekhar & Korhonen, Iikka & Zhou, Mingming, 2010. "Does diversification increase or decrease bank risk and performance? Evidence on diversification and the risk-return tradeoff in banking," BOFIT Discussion Papers 9/2010, Bank of Finland Institute for Emerging Economies (BOFIT).
    115. Ferdi Botha, 2016. "The Good African Society Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 126(1), pages 57-77, March.
    116. Atanasov, Vladimir & Black, Bernard & Ciccotello, Conrad & Gyoshev, Stanley, 2010. "How does law affect finance? An examination of equity tunneling in Bulgaria," Journal of Financial Economics, Elsevier, vol. 96(1), pages 155-173, April.
    117. Simeon Djankov & Oliver Hart & Caralee McLiesh & Andrei Shleifer, 2008. "Debt Enforcement around the World," Journal of Political Economy, University of Chicago Press, vol. 116(6), pages 1105-1149, December.
    118. Schertler, Andrea & Tykvová, Tereza, 2006. "Rivals or partners? Evidence from Europe's international private equity deals," ZEW Discussion Papers 06-091, ZEW - Leibniz Centre for European Economic Research.
    119. Emilio Abad-Segura & Mariana-Daniela González-Zamar, 2020. "Global Research Trends in Financial Transactions," Mathematics, MDPI, vol. 8(4), pages 1-32, April.
    120. Santillán-Salgado, Roberto J. & Hernández-Perales, Norma A., 2011. "Generalidades sobre los Fondos de Capital Privado y de Capital Emprendedor: una visión actualizada de la industria y de su entorno en México [Generalities on Private Equity and Venture Capital Fund," MPRA Paper 27815, University Library of Munich, Germany.
    121. Haizhi Wang & Robert Wuebker & Shu Han & Michael Ensley, 2012. "Strategic alliances by venture capital backed firms: an empirical examination," Small Business Economics, Springer, vol. 38(2), pages 179-196, February.
    122. Shai Bernstein & Abhishek Dev & Josh Lerner, 2018. "The Creation and Evolution of Entrepreneurial Public Markets," NBER Working Papers 25414, National Bureau of Economic Research, Inc.
    123. Wang, Lanfang & Wang, Susheng, 2012. "Economic freedom and cross-border venture capital performance," Journal of Empirical Finance, Elsevier, vol. 19(1), pages 26-50.
    124. Maurer, Joshua D. & Creek, Steven A. & Bendickson, Joshua S. & McDowell, William C. & Mahto, Raj V., 2022. "The three pillars’ impact on entrepreneurial activity and funding: A country-level examination," Journal of Business Research, Elsevier, vol. 142(C), pages 808-818.
    125. Elisabeth S.C. Berger & Andreas Köhn, 2020. "Exploring the differences in early-stage start-up valuation across countries: an institutional perspective," International Entrepreneurship and Management Journal, Springer, vol. 16(1), pages 327-344, March.
    126. Markus Taussig, 2017. "Foreignness as both a global asset and a local liability: How host country idiosyncrasies and business activities matter," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(4), pages 498-522, May.
    127. Erkko Autio & Kun Fu, 2015. "Economic and political institutions and entry into formal and informal entrepreneurship," Asia Pacific Journal of Management, Springer, vol. 32(1), pages 67-94, March.
    128. Kaplan, David S. & Sadka, Joyce, 2008. "Enforceability of labor law : evidence from a labor court in Mexico," Policy Research Working Paper Series 4483, The World Bank.
    129. Pezone, Vincenzo, 2023. "The real effects of judicial enforcement," Other publications TiSEM 08176032-a171-4f23-8dac-e, Tilburg University, School of Economics and Management.
    130. Cerqueiro, G.M., 2009. "Information asymmetries, banking markets, and small business lending," Other publications TiSEM 6b448af8-d15e-4862-923f-2, Tilburg University, School of Economics and Management.
    131. Fehr, Ernst & Zehnder, Christian, 2009. "Reputation and Credit Market Formation: How Relational Incentives and Legal Contract Enforcement Interact," IZA Discussion Papers 4351, Institute of Labor Economics (IZA).
    132. Wang, Lanfang & Wang, Susheng, 2011. "Cross-border venture capital performance: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 19(1), pages 71-97, January.
    133. Vincenzo Pezone, 2023. "The Real Effects of Judicial Enforcement," Review of Finance, European Finance Association, vol. 27(3), pages 889-933.
    134. Cao, Xiaping & Cumming, Douglas & Goh, Jeremy & Wang, Xiaoming, 2019. "The impact of investor protection law on global takeovers: LBO vs. non-LBO transactions," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 59(C), pages 1-18.
    135. Tykvová, Tereza, 2018. "Legal framework quality and success of (different types of) venture capital investments," Journal of Banking & Finance, Elsevier, vol. 87(C), pages 333-350.
    136. Bernile, Gennaro & Cumming, Douglas & Lyandres, Evgeny, 2007. "The size of venture capital and private equity fund portfolios," Journal of Corporate Finance, Elsevier, vol. 13(4), pages 564-590, September.
    137. Gennaioli, Nicola & Rossi, Stefano, 2008. "Optimal Resolutions of Financial Distress by Contract," CEI Working Paper Series 2008-6, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    138. Iftekhar Hasan & Haizhi Wang, 2008. "The US bankruptcy law and private equity financing: empirical evidence," Small Business Economics, Springer, vol. 31(1), pages 5-19, June.
    139. Chemmanur, Thomas J. & Hull, Tyler J. & Krishnan, Karthik, 2016. "Do local and international venture capitalists play well together? The complementarity of local and international venture capitalists," Journal of Business Venturing, Elsevier, vol. 31(5), pages 573-594.
    140. Cumming, D. & Johan, S.A., 2005. "Advice and monitoring in venture finance," Discussion Paper 2005-003, Tilburg University, Tilburg Law and Economic Center.
    141. Sarah Osborne & Dean Katselas & Larelle Chapple, 2012. "The preferences of private equity investors in selecting target acquisitions: An international investigation," Australian Journal of Management, Australian School of Business, vol. 37(3), pages 361-389, December.
    142. Adongo, Jonathan O., 2017. "Legal jurisdiction, director liability law, and venture capitalists’ equity stakes in Africa," Research in International Business and Finance, Elsevier, vol. 40(C), pages 78-93.
    143. Johannes Wallmeroth & Peter Wirtz & Alexander Peter Groh, 2017. "Institutional Seed Financing, Angel Financing, and Crowdfunding of Entrepreneurial Ventures: A Literature Review," Working Papers hal-01527999, HAL.
    144. Douglas Cumming, 2006. "Adverse Selection and Capital Structure: Evidence from Venture Capital," Entrepreneurship Theory and Practice, , vol. 30(2), pages 155-183, March.
    145. Francesco D'Acunto & Jin Xie & Jiaquan Yao, 2020. "Trust and Contracts: Empirical Evidence," CESifo Working Paper Series 8714, CESifo.
    146. Bergman, Nittai K. & Nicolaievsky, Daniel, 2007. "Investor protection and the Coasian view," Journal of Financial Economics, Elsevier, vol. 84(3), pages 738-771, June.
    147. Cumming, Douglas & Zhang, Yelin, 2016. "Alternative investments in emerging markets: A review and new trends," Emerging Markets Review, Elsevier, vol. 29(C), pages 1-23.
    148. Akshay Bhat, 2019. "Bounded Rationality, Motivation & Private Information And Its Implications On Contracts," Working papers 2019-32-07, Voice of Research.
    149. Amir Pezeshkan & Adam Smith & Stav Fainshmidt & Anil Nair, 2022. "A neo-configurational institutional analysis of international venture capital attractiveness and performance: insights for Asia-Pacific," Asia Pacific Journal of Management, Springer, vol. 39(2), pages 365-393, June.
    150. Kelly, Roger, 2010. "Drivers of Private Equity Investment Activity: Are buyout and venture investors really so different?," EIF Working Paper Series 2010/06, European Investment Fund (EIF).
    151. Chen, Hsien-Yi & Chen, Sheng-Syan, 2018. "Quality of government institutions and spreads on sovereign credit default swaps," Journal of International Money and Finance, Elsevier, vol. 87(C), pages 82-95.
    152. A. Heughebaert & T. Vanacker & S. Manigart, 2012. "Institutional Frameworks, Venture Capital and the Financing of European New Technology-Based Firms," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 12/809, Ghent University, Faculty of Economics and Business Administration.
    153. Fang, Dawei, 2019. "Dry powder and short fuses: Private equity funds in emerging markets," Journal of Corporate Finance, Elsevier, vol. 59(C), pages 48-71.
    154. Nicola Gennaioli & Giacomo A. M. Ponzetto, 2015. "Contract Innovation and Legal Evolution under Imperfect Enforcement," Working Papers 836, Barcelona School of Economics.
    155. Chortareas, Georgios E. & Girardone, Claudia & Ventouri, Alexia, 2013. "Financial freedom and bank efficiency: Evidence from the European Union," Journal of Banking & Finance, Elsevier, vol. 37(4), pages 1223-1231.
    156. Groh, Alexander Peter & von Liechtenstein, Heinrich & Lieser, Karsten, 2010. "The European Venture Capital and Private Equity country attractiveness indices," Journal of Corporate Finance, Elsevier, vol. 16(2), pages 205-224, April.
    157. Alexander Peter Groh & Heinrich von Liechtenstein, 2011. "The First Step of the Capital Flow from Institutions to Entrepreneurs: the Criteria for Sorting Venture Capital Funds," European Financial Management, European Financial Management Association, vol. 17(3), pages 532-559, June.
    158. Douglas Cumming & Grant Fleming & Sofia Johan & Mai Takeuchi, 2010. "Legal Protection, Corruption and Private Equity Returns in Asia," Journal of Business Ethics, Springer, vol. 95(2), pages 173-193, September.
    159. Henrekson, Magnus & Sanandaji, Tino, 2010. "Institutional Entrepreneurship: An Introduction," Working Paper Series 853, Research Institute of Industrial Economics.
    160. Li, Yong & Vertinsky, Ilan B. & Li, Jing, 2014. "National distances, international experience, and venture capital investment performance," Journal of Business Venturing, Elsevier, vol. 29(4), pages 471-489.
    161. Groh, Alexander P., 2009. "Private equity in emerging markets," IESE Research Papers D/779, IESE Business School.
    162. Meryem Mehri & M. Kabir Hassan & M. Fasial Safa & Ibrahim Siraj, 2021. "Do determinants of fees differ between Islamic and conventional funds?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3599-3623, July.
    163. Cumming, Douglas & Fleming, Grant & Schwienbacher, Armin, 2006. "Legality and venture capital exits," Journal of Corporate Finance, Elsevier, vol. 12(2), pages 214-245, January.

  63. Josh Lerner, 2005. "The University and the Start-Up:Lessons from the Past Two Decades," The Journal of Technology Transfer, Springer, vol. 30(2_2), pages 49-56, January.

    Cited by:

    1. Viktor Slavtchev & Devrim Göktepe-Hultén, 2016. "Support for public research spin-offs by the parent organizations and the speed of commercialization," The Journal of Technology Transfer, Springer, vol. 41(6), pages 1507-1525, December.
    2. Bradley, Samantha R. & Hayter, Christopher S. & Link, Albert N., 2013. "Proof of Concept Centers in the United States: An Exploratory Look," UNCG Economics Working Papers 13-4, University of North Carolina at Greensboro, Department of Economics.
    3. Link, Albert N. & Scott, John T., 2005. "Opening the ivory tower's door: An analysis of the determinants of the formation of U.S. university spin-off companies," Research Policy, Elsevier, vol. 34(7), pages 1106-1112, September.
    4. Will Bartlett, 2014. "Shut out? South East Europe and the EU’s New Industrial Policy," LEQS – LSE 'Europe in Question' Discussion Paper Series 84, European Institute, LSE.
    5. Shahid Yusuf & Kaoru Nabeshima, 2009. "Growth through Innovation : An Industrial Strategy for Shanghai," World Bank Publications - Reports 18613, The World Bank Group.
    6. Trippl, Michaela & Tödtling, Franz, 2006. "From the ivory tower to the market place? The changing role of knowledge organisations in spurring the development of biotechnology clusters in Austria," SRE-Discussion Papers 2006/07, WU Vienna University of Economics and Business.
    7. David Johnson & Adam J. Bock, 2017. "Coping with uncertainty: entrepreneurial sensemaking in regenerative medicine venturing," The Journal of Technology Transfer, Springer, vol. 42(1), pages 33-58, February.
    8. Lawton Smith, H. & Ho, K., 2006. "Measuring the performance of Oxford University, Oxford Brookes University and the government laboratories' spin-off companies," Research Policy, Elsevier, vol. 35(10), pages 1554-1568, December.
    9. Riccardo Fini & Rosa Grimaldi & Maurizio Sobrero, 2009. "Factors fostering academics to start up new ventures: an assessment of Italian founders’ incentives," The Journal of Technology Transfer, Springer, vol. 34(4), pages 380-402, August.
    10. Mario BENASSI & Matteo LANDONI & Francesco RENTOCCHINI, 2017. "University Management Practices and Academic Spin-offs," Departmental Working Papers 2017-11, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    11. Federico Munari & Martina Pasquini & Laura Toschi, 2015. "From the lab to the stock market? The characteristics and impact of university-oriented seed funds in Europe," The Journal of Technology Transfer, Springer, vol. 40(6), pages 948-975, December.
    12. Riviezzo, Angelo & Santos, Susana C. & Liñán, Francisco & Napolitano, Maria Rosaria & Fusco, Floriana, 2019. "European universities seeking entrepreneurial paths: the moderating effect of contextual variables on the entrepreneurial orientation-performance relationship," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 232-248.
    13. Baptista, Rui & Lima, Francisco & Mendonça, Joana, 2011. "Establishment of higher education institutions and new firm entry," Research Policy, Elsevier, vol. 40(5), pages 751-760, June.
    14. Link, Albert N. & Siegel, Donald S. & Van Fleet, David D., 2011. "Public science and public innovation: Assessing the relationship between patenting at U.S. National Laboratories and the Bayh-Dole Act," Research Policy, Elsevier, vol. 40(8), pages 1094-1099, October.
    15. Kwaku Amofah & Ramon Saladrigues, 2022. "Impact of attitude towards entrepreneurship education and role models on entrepreneurial intention," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-30, December.
    16. Fumi Kitagawa & Lorraine Warren & Stefanos Marangos, 2010. "Networks and Spatiality of University Incubators: Global and local links amongst SETsquared spinoff/ intra-firms at Universities of Bath, Bristol, Southampton and Surrey in England," Working Papers 2010R03, Orkestra - Basque Institute of Competitiveness.
    17. Nicola Lacetera, 2009. "Academic entrepreneurship," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 30(7), pages 443-464.
    18. Tassey, Gregory, 2005. "The disaggregated technology production function: A new model of university and corporate research," Research Policy, Elsevier, vol. 34(3), pages 287-303, April.
    19. Cinzia COLAPINTO, 2007. "A way to foster innovation: a Venture capital district. From Silicon Valley and Route 128 to Waterloo Region," Departmental Working Papers 2007-24, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    20. Ming Chu Leung & John A. Mathews, 2011. "Origins and dynamics of university spin-offs: the case of Hong Kong," International Journal of Transitions and Innovation Systems, Inderscience Enterprises Ltd, vol. 1(2), pages 175-201.
    21. Bradley, Samantha R. & Hayter, Christopher S. & Link, Albert N., 2013. "Models and Methods of University Technology Transfer," UNCG Economics Working Papers 13-10, University of North Carolina at Greensboro, Department of Economics.
    22. D'Este, P. & Patel, P., 2007. "University-industry linkages in the UK: What are the factors underlying the variety of interactions with industry?," Research Policy, Elsevier, vol. 36(9), pages 1295-1313, November.
    23. Belitski, Maksim & Aginskaja, Anna & Marozau, Radzivon, 2019. "Commercializing university research in transition economies: Technology transfer offices or direct industrial funding?," Research Policy, Elsevier, vol. 48(3), pages 601-615.
    24. Grimaldi, Rosa & Kenney, Martin & Siegel, Donald S. & Wright, Mike, 2011. "30 years after Bayh-Dole: Reassessing academic entrepreneurship," Research Policy, Elsevier, vol. 40(8), pages 1045-1057, October.
    25. Fischer, Bruno Brandão & Moraes, Gustavo Hermínio Salati Marcondes de & Schaeffer, Paola Rücker, 2019. "Universities' institutional settings and academic entrepreneurship: Notes from a developing country," Technological Forecasting and Social Change, Elsevier, vol. 147(C), pages 243-252.
    26. Trippl, Michaela & Todtling, Franz, 2008. "From the Ivory Tower to the Marketplace: Knowledge Organisations in the Development of Biotechnology Clusters," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 38(2), pages 1-17.
    27. Catarina Maia & João Claro, 2013. "The role of a Proof of Concept Center in a university ecosystem: an exploratory study," The Journal of Technology Transfer, Springer, vol. 38(5), pages 641-650, October.
    28. Annalisa Croce & Luca Grilli & Samuele Murtinu, 2014. "Venture capital enters academia: an analysis of university-managed funds," The Journal of Technology Transfer, Springer, vol. 39(5), pages 688-715, October.
    29. Danny Soetanto & Marina van Geenhuizen, 2006. "Determinants of University Spin-Offs’ Growth: Do Socioeconomic Networks and Support Matter?," ERSA conference papers ersa06p467, European Regional Science Association.

  64. Josh Lerner, 2005. "The Scope of Open Source Licensing," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 21(1), pages 20-56, April.
    See citations under working paper version above.
  65. Paul Gompers & Josh Lerner & David Scharfstein, 2005. "Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999," Journal of Finance, American Finance Association, vol. 60(2), pages 577-614, April.
    See citations under working paper version above.
  66. Josh Lerner & Jean Tirole, 2005. "The Economics of Technology Sharing: Open Source and Beyond," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 99-120, Spring.
    See citations under working paper version above.
  67. Emmanuel Farhi & Josh Lerner & Jean Tirole, 2005. "Certifying New Technologies," Journal of the European Economic Association, MIT Press, vol. 3(2-3), pages 734-744, 04/05.

    Cited by:

    1. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    2. Gill, David & Sgroi, Daniel, 2008. "The Optimal Choice of Pre-launch Reviewer: How Best to Transmit Information using Tests and Conditional Pricing," Economic Research Papers 269888, University of Warwick - Department of Economics.
    3. David Gill & Daniel Sgroi & Faculty of Economics and Churchill College & University of Cambridge, 2005. "Sequential Decisions with Tests," Economics Series Working Papers 242, University of Oxford, Department of Economics.
    4. Benjamin Chiao & Josh Lerner & Jean Tirole, 2005. "The Rules of Standard Setting Organizations: An Empirical Analysis," NBER Working Papers 11156, National Bureau of Economic Research, Inc.
    5. Sgroi, Daniel & Oswald, Andrew J., 2012. "How Should Peer-Review Panels Behave?," Economic Research Papers 270550, University of Warwick - Department of Economics.
    6. Aija Elina Leiponen, 2008. "Competing Through Cooperation: The Organization of Standard Setting in Wireless Telecommunications," Management Science, INFORMS, vol. 54(11), pages 1904-1919, November.
    7. Matthieu Bouvard & Raphaël Levy, 2018. "Two-Sided Reputation in Certification Markets," Management Science, INFORMS, vol. 64(10), pages 4755-4774, October.
    8. David Gill & Daniel Sgroi, 2011. "The Optimal Choice of Pre-Launch Reviewer," Economics Series Working Papers 562, University of Oxford, Department of Economics.
    9. Leiponen, Aija, 2006. "Competing through cooperation: Standard setting in wireless telecommunications," Discussion Papers 1056, The Research Institute of the Finnish Economy.

  68. Lerner, Josh & Schoar, Antoinette, 2004. "The illiquidity puzzle: theory and evidence from private equity," Journal of Financial Economics, Elsevier, vol. 72(1), pages 3-40, April.
    See citations under working paper version above.
  69. Josh Lerner & Jean Tirole, 2004. "Efficient Patent Pools," American Economic Review, American Economic Association, vol. 94(3), pages 691-711, June.
    See citations under working paper version above.
  70. Lerner, Josh & Shane, Hilary & Tsai, Alexander, 2003. "Do equity financing cycles matter? evidence from biotechnology alliances," Journal of Financial Economics, Elsevier, vol. 67(3), pages 411-446, March.
    See citations under working paper version above.
  71. Paul A. Gompers & Josh Lerner, 2003. "The Really Long‐Run Performance of Initial Public Offerings: The Pre‐Nasdaq Evidence," Journal of Finance, American Finance Association, vol. 58(4), pages 1355-1392, August.
    See citations under working paper version above.
  72. Elfenbein, Daniel W & Lerner, Josh, 2003. "Ownership and Control Rights in Internet Portal Alliances, 1995-1999," RAND Journal of Economics, The RAND Corporation, vol. 34(2), pages 356-369, Summer.

    Cited by:

    1. Victor Aguirregabiria & Margaret Slade, 2017. "Empirical models of firms and industries," Canadian Journal of Economics, Canadian Economics Association, vol. 50(5), pages 1445-1488, December.
    2. Panico, Claudio, 2012. "Control and contract design in research collaborations: A complete contract perspective," International Journal of Industrial Organization, Elsevier, vol. 30(5), pages 459-470.
    3. Carolin Haeussler & Matthew J. Higgins, 2014. "Strategic Alliances: Trading Ownership for Capabilities," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 23(1), pages 178-203, March.
    4. Reuer, Jeffrey & Devarakonda, S.V., 2015. "Mechanisms of hybrid governance : Administrative committees in non-equity alliances," Other publications TiSEM 063d9ccc-59c8-4e76-a77d-8, Tilburg University, School of Economics and Management.
    5. Sviatoslav A. Moskalev & R. Bruce Swensen, 2007. "Joint ventures around the globe from 1990–2000: Forms, types, industries, countries and ownership patterns," Review of Financial Economics, John Wiley & Sons, vol. 16(1), pages 29-67.
    6. Robert Gibbons & John Roberts, 2012. "The Handbook of Organizational Economics," Economics Books, Princeton University Press, edition 1, volume 1, number 9889.
    7. Nada Mumdžiev & Josef Windsperger, 2011. "The Structure of Decision Rights in Franchising Networks: A Property Rights Perspective," Entrepreneurship Theory and Practice, , vol. 35(3), pages 449-465, May.
    8. Belderbos, René & Cassiman, Bruno & Faems, Dries & Leten, Bart & Van Looy, Bart, 2014. "Co-ownership of intellectual property: Exploring the value-appropriation and value-creation implications of co-patenting with different partners," Research Policy, Elsevier, vol. 43(5), pages 841-852.
    9. Arruñada Benito & Garicano Luis & Vázquez Luis, 2005. "Completing Contracts Ex Post: How Car Manufacturers Manage Car Dealers," Review of Law & Economics, De Gruyter, vol. 1(1), pages 149-173, April.
    10. Jeffrey J. Reuer & Elko Klijn & Constantinos S. Lioukas, 2014. "Board involvement in international joint ventures," Strategic Management Journal, Wiley Blackwell, vol. 35(11), pages 1626-1644, November.
    11. Lewis A. Kornhauser & W. Bentley MacLeod, 2010. "Contracts between Legal Persons," NBER Working Papers 16049, National Bureau of Economic Research, Inc.
    12. Thomas Ehrmann & Julian Dormann, 2008. "Inter-Organisationale Ausgestaltung der Entscheidungszentralisierung und produktive Effizienz: Eine empirische Analyse am Beispiel des Franchising," Schmalenbach Journal of Business Research, Springer, vol. 60(4), pages 326-354, June.
    13. George Hendrikse & Patrick Hippmann & Josef Windsperger, 2015. "Trust, transaction costs and contractual incompleteness in franchising," Small Business Economics, Springer, vol. 44(4), pages 867-888, April.
    14. Catherine Magelssen, 2020. "Allocation of property rights and technological innovation within firms," Strategic Management Journal, Wiley Blackwell, vol. 41(4), pages 758-787, April.
    15. Guo, Di & Hua, Xinyu & Jiang, Kun, 2017. "Agency and strategic contracts: Theory and evidence from R&D agreements in the pharmaceutical industry," International Journal of Industrial Organization, Elsevier, vol. 54(C), pages 37-64.
    16. Bart S. Vanneste & Douglas H. Frank, 2014. "Forgiveness in Vertical Relationships: Incentive and Termination Effects," Organization Science, INFORMS, vol. 25(6), pages 1807-1822, December.
    17. Roider, Andreas, 2002. "Asset Ownership and Contractability of Interaction," Bonn Econ Discussion Papers 12/2002, University of Bonn, Bonn Graduate School of Economics (BGSE).
    18. F. Andrew Hanssen & James W. Meehan, Jr. & Thomas J. Miceli, 2012. "Explaining Changes in Organizational Form: The Case of Professional Baseball," Working papers 2012-04, University of Connecticut, Department of Economics.
    19. Gibbons, Robert, 2005. "Four forma(lizable) theories of the firm?," Journal of Economic Behavior & Organization, Elsevier, vol. 58(2), pages 200-245, October.
    20. Bodnaruk, Andriy & Massa, Massimo & Simonov, Andrei, 2013. "Alliances and corporate governance," Journal of Financial Economics, Elsevier, vol. 107(3), pages 671-693.
    21. Anjana Susarla & Ramanath Subramanyam & Prasanna Karhade, 2010. "Contractual Provisions to Mitigate Holdup: Evidence from Information Technology Outsourcing," Information Systems Research, INFORMS, vol. 21(1), pages 37-55, March.
    22. Venkat Kuppuswamy & Carliss Y. Baldwin, 2012. "Risky Business: The Impact of Property Rights on Investment and Revenue in the Film Industry," Harvard Business School Working Papers 13-007, Harvard Business School, revised Aug 2012.
    23. Carolin Haeussler & Matthew J. Higgins, 2012. "Explaining Preferences for Control Rights in Strategic Alliances: A Property Rights and Capabilities Perspective Approach," NBER Working Papers 18364, National Bureau of Economic Research, Inc.
    24. Ilya Segal & Michael D.Whinston, 2012. "Property Rights [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
    25. Pascale Crama & Bert De Reyck & Niyazi Taneri, 2017. "Licensing Contracts: Control Rights, Options, and Timing," Management Science, INFORMS, vol. 63(4), pages 1131-1149, April.
    26. Beshears, John, 2013. "The performance of corporate alliances: Evidence from oil and gas drilling in the Gulf of Mexico," Journal of Financial Economics, Elsevier, vol. 110(2), pages 324-346.
    27. Simon Wakeman, 2008. "Profiting from technological capabilities: Technology commercialization strategy in a dynamic context," ESMT Research Working Papers ESMT-08-008 (R2), ESMT European School of Management and Technology, revised 06 Aug 2010.

  73. Josh Lerner & Jean Tirole, 2002. "Some Simple Economics of Open Source," Journal of Industrial Economics, Wiley Blackwell, vol. 50(2), pages 197-234, June.

    Cited by:

    1. Islam, Mazhar & Miller, Jacob & Park, Haemin Dennis, 2017. "But what will it cost me? How do private costs of participation affect open source software projects?," Research Policy, Elsevier, vol. 46(6), pages 1062-1070.
    2. Trang P. Tran & Christopher P. Furner & Ilia Gugenishvili, 2022. "The Effects of Task Service Fit on Brand Loyalty: A Study of Branded Apps," International Journal of E-Services and Mobile Applications (IJESMA), IGI Global, vol. 14(1), pages 1-19, January.
    3. Sylvain Dejean & Nicolas Jullien, 2015. "Big from the beginning: Assessing online contributors' behavior by their first contribution," Post-Print hal-01162738, HAL.
    4. Haruvy Ernan E & Wu Fang & Chakravarty Sujoy, 2005. "Incentives for Developers’ Contributions and Product Performance Metrics in Open Source Development: An Empirical Exploration," IIMA Working Papers WP2005-03-04, Indian Institute of Management Ahmedabad, Research and Publication Department.
    5. Hussinger, Katrin & Schwiebacher, Franz, 2013. "The value of disclosing IPR to open standard setting organizations," ZEW Discussion Papers 13-060, ZEW - Leibniz Centre for European Economic Research.
    6. Hasnas, Irina & Lambertini, Luca & Palestini, Arsen, 2013. "Open Innovation in a dynamic Cournot duopoly," DICE Discussion Papers 111, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    7. Jacqmin, Julien, 2018. "Why are some online courses more open than others?," MPRA Paper 89929, University Library of Munich, Germany.
    8. Kimmo Karhu & Robin Gustafsson & Kalle Lyytinen, 2018. "Exploiting and Defending Open Digital Platforms with Boundary Resources: Android’s Five Platform Forks," Information Systems Research, INFORMS, vol. 29(2), pages 479-497, June.
    9. G. Parmentier & Vincent Mangematin, 2014. "Orchestrating innovation with user communities in the creative industries," Post-Print halshs-00848861, HAL.
    10. Sladjana Nørskov & Yun Mi Antorini & Morten Berg Jensen, 2019. "Innovative Brand Community Members and Their Willingness to Share Ideas with Companies," World Scientific Book Chapters, in: Alexander Brem & Joe Tidd & Tugrul Daim (ed.), Managing Innovation Understanding and Motivating Crowds, chapter 6, pages 145-169, World Scientific Publishing Co. Pte. Ltd..
    11. Andreas Freytag & Sebastian von Engelhardt, 2010. "Institutions, Culture, and Open Source," Jena Economics Research Papers 2010-010, Friedrich-Schiller-University Jena.
    12. Bitzer, Jürgen & Schröder, Philipp J.H., 2005. "The Impact of Entry and Competition by Open Source Software on Innovation," Working Papers 2005-12, University of Aarhus, Aarhus School of Business, Department of Management.
    13. Elsner, Wolfram & Hocker, Gero & Schwardt, Henning, 2009. "Simplistic vs. Complex Organization: Markets, Hierarchies, and Networks in an 'Organizational Triangle'," MPRA Paper 14315, University Library of Munich, Germany.
    14. Gächter, Simon & von Krogh, Georg & Haefliger, Stefan, 2010. "Initiating private-collective innovation: The fragility of knowledge sharing," Research Policy, Elsevier, vol. 39(7), pages 893-906, September.
    15. Hicks, Christian & Pachamanova, Dessislava, 2007. "Back-propagation of user innovations: The open source compatibility edge," Business Horizons, Elsevier, vol. 50(4), pages 315-324.
    16. Bitzer, Jurgen & Schrettl, Wolfram & Schroder, Philipp J.H., 2007. "Intrinsic motivation in open source software development," Journal of Comparative Economics, Elsevier, vol. 35(1), pages 160-169, March.
    17. Estrin, Saul & Khavul, Susanna & Wright, Mike, 2022. "Soft and hard information in equity crowdfunding: network effects in the digitalization of entrepreneurial finance," LSE Research Online Documents on Economics 109808, London School of Economics and Political Science, LSE Library.
    18. Nizovtsev, Dmitri & Thursby, Marie, 2007. "To disclose or not? An analysis of software user behavior," Information Economics and Policy, Elsevier, vol. 19(1), pages 43-64, March.
    19. Schmidtke, Richard, 2006. "Private Provision of a Complementary Public Good," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 134, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    20. Chaim Fershtman & Neil Gandal, 2007. "Open source software: Motivation and restrictive licensing," International Economics and Economic Policy, Springer, vol. 4(2), pages 209-225, August.
    21. Carolin Haeussler & Lin Jiang & Jerry Thursby & Marie C. Thursby, 2009. "Specific and General Information Sharing Among Academic Scientists," NBER Working Papers 15315, National Bureau of Economic Research, Inc.
    22. Ron Buliung & Tarmo Remmel, 2008. "Open source, spatial analysis, and activity-travel behaviour research: capabilities of the aspace package," Journal of Geographical Systems, Springer, vol. 10(2), pages 191-216, June.
    23. Simon Gaechter & Georg von Krogh & Stefan Haefliger, 2006. "Private-Collective Innovation and the Fragility of Knowledge Sharing," Discussion Papers 2006-21, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    24. Charles Ayoubi & Boris Thurm, 2023. "Knowledge diffusion and morality: Why do we freely share valuable information with Strangers?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 32(1), pages 75-99, January.
    25. Ivan Ajdukovic & Sylvain Max & Rodolphe Perchot & Eli Spiegelman, 2018. "The Economic Psychology of Gabriel Tarde: Something new for behavioral economics?," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 2(1), pages 5-11, March.
    26. Felin, Teppo & Zenger, Todd R., 2014. "Closed or open innovation? Problem solving and the governance choice," Research Policy, Elsevier, vol. 43(5), pages 914-925.
    27. Thomas Christiaans, 2013. "On the Dynamics of Competition between Commercial and Free Software," Studies in Microeconomics, , vol. 1(1), pages 37-58, June.
    28. Schmidt, Klaus & Schnitzer, Monika, 2003. "Public Subsidies for Open Source? Some Economic Policy Issues of the Software Market," CEPR Discussion Papers 3793, C.E.P.R. Discussion Papers.
    29. Nicholas Economides & Evangelos Katsamakas, 2004. "Two-sided competition of proprietary vs. open source technology platforms and the implications for the software industry," Working Papers 04-30, New York University, Leonard N. Stern School of Business, Department of Economics.
    30. Stefan Bechtold, 2015. "3D printing and the intellectual property system," WIPO Economic Research Working Papers 28, World Intellectual Property Organization - Economics and Statistics Division.
    31. Frank MacCrory & Vidyanand Choudhary & Alain Pinsonneault, 2016. "Research Note—Designing Promotion Ladders to Mitigate Turnover of IT Professionals," Information Systems Research, INFORMS, vol. 27(3), pages 648-660, September.
    32. Christophe Hurlin & Christophe Pérignon, 2020. "Reproducibility Certification in Economics Research," Working Papers hal-02896404, HAL.
    33. BELLEFLAMME, Paul & JACQMIN, Julien, 2014. "An economic appraisal of MOOC platforms: business models and impacts on higher education," LIDAM Discussion Papers CORE 2014039, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    34. Carliss Y. Baldwin & Kim B. Clark, 2006. "The Architecture of Participation: Does Code Architecture Mitigate Free Riding in the Open Source Development Model?," Management Science, INFORMS, vol. 52(7), pages 1116-1127, July.
    35. Sauer, Robert M., 2007. "Why Develop Open Source Software? The Role of Non-Pecuniary Benefits, Monetary Rewards and Open Source Licence Type," IZA Discussion Papers 3197, Institute of Labor Economics (IZA).
    36. Dominic Chalmers & Niall G. MacKenzie & Sara Carter, 2021. "Artificial Intelligence and Entrepreneurship: Implications for Venture Creation in the Fourth Industrial Revolution," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1028-1053, September.
    37. Colombo, Massimo G. & Cumming, Douglas & Mohammadi, Ali & Rossi-Lamastra , Cristina & Wadhwa , Anu, 2014. "Open Business Models And Venture Capital Finance," Working Paper Series in Economics and Institutions of Innovation 347, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    38. Thomas F. Hellmann & Enrico C. Perotti, 2011. "The Circulation of Ideas in Firms and Markets," NBER Working Papers 16943, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Simon K. Medcalfe & Mark A. Thompson, 2017. "Further evidence on the geographical concentration of venture capital investments," Letters in Spatial and Resource Sciences, Springer, vol. 10(2), pages 229-235, July.
    2. Hashmat Khan & Pythagoras Petratos, 2016. "Entrepreneurship and the Business Cycle: Stylized Facts from U.S. Venture Capital Activity," Carleton Economic Papers 16-09, Carleton University, Department of Economics.
    3. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    4. Roman Kraussl & Stefan Krause, 2013. "Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985-2009," LSF Research Working Paper Series 13-6, Luxembourg School of Finance, University of Luxembourg.
    5. Munari, Federico & Toschi, Laura, 2015. "Assessing the impact of public venture capital programmes in the United Kingdom: Do regional characteristics matter?," Journal of Business Venturing, Elsevier, vol. 30(2), pages 205-226.
    6. Arqué-Castells, Pere, 2012. "How venture capitalists spur invention in Spain: Evidence from patent trajectories," Research Policy, Elsevier, vol. 41(5), pages 897-912.
    7. Suchard, Jo-Ann, 2009. "The impact of venture capital backing on the corporate governance of Australian initial public offerings," Journal of Banking & Finance, Elsevier, vol. 33(4), pages 765-774, April.
    8. Inderst, Roman & Muller, Holger M., 2004. "The effect of capital market characteristics on the value of start-up firms," Journal of Financial Economics, Elsevier, vol. 72(2), pages 319-356, May.
    9. Mario Coccia, 2007. "Il finanziamento pubblico alla ricerca spiazza l’investimento privato in ricerca? Analisi ed implicazioni per la crescita economica dei paesi," CERIS Working Paper 200704, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    10. Francesco Bogliacino & Matteo Lucchese, 2011. "Access to finance for innovation: the role of venture capital and the stock market," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2011(4), pages 165-183.
    11. Douglas Cumming & Uwe Walz, 2010. "Private equity returns and disclosure around the world," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 41(4), pages 727-754, May.
    12. Cumming, Douglas & Schmidt, Daniel & Walz, Uwe, 2010. "Legality and venture capital governance around the world," Journal of Business Venturing, Elsevier, vol. 25(1), pages 54-72, January.
    13. Andrea Bellucci & Serena Fatica & Aliki Georgakaki & Gianluca Gucciardi & Simon Letout & Francesco Pasimeni, 2023. "Venture Capital Financing and Green Patenting," Industry and Innovation, Taylor & Francis Journals, vol. 30(7), pages 947-983, August.
    14. Que, Jiangjing & Zhang, Xueyong, 2021. "Money chasing hot industries? Investor attention and valuation of venture capital backed firms," Journal of Corporate Finance, Elsevier, vol. 68(C).
    15. Wonglimpiyarat, Jarunee, 2016. "Challenges for China's banks: Investment policies to support technology-based start-ups," Technology in Society, Elsevier, vol. 46(C), pages 49-57.
    16. André Gygax & Anna Griffiths, 2007. "Do venture capitalists imitate portfolio size?," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 21(1), pages 69-94, March.
    17. Kyounghun Lee & Frederick Dongchuhl Oh & Donglim Shin & Heejin Yoon, 2023. "Does venture capital investment enhance corporate innovation? Evidence from Korea," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 50(1-2), pages 236-266, January.
    18. Cumming, Douglas, 2007. "Government policy towards entrepreneurial finance: Innovation investment funds," Journal of Business Venturing, Elsevier, vol. 22(2), pages 193-235, March.
    19. John Armour & Douglas Cumming, 2004. "The Legal Road To Replicating Silicon Valley," Working Papers wp281, Centre for Business Research, University of Cambridge.
    20. Cumming, Douglas & Schmidt, Daniel & Walz, Uwe, 2004. "Legality and venture governance around the world," CFS Working Paper Series 2004/17, Center for Financial Studies (CFS).
    21. Michaelides, Marios & Benus, Jacob, 2012. "Are self-employment training programs effective? Evidence from Project GATE," Labour Economics, Elsevier, vol. 19(5), pages 695-705.
    22. Ughetto, Elisa, 2010. "Assessing the contribution to innovation of private equity investors: A study on European buyouts," Research Policy, Elsevier, vol. 39(1), pages 126-140, February.
    23. Kanniainen, V. & Keuschnigg, C., 2001. "Start-up Investment With Scarce Venture Capital Support," University of Helsinki, Department of Economics 503, Department of Economics.
    24. John Armour & Douglas Cumming, 2006. "The legislative road to Silicon Valley," Oxford Economic Papers, Oxford University Press, vol. 58(4), pages 596-635, October.
    25. Honjo, Yuji & Nagaoka, Sadao, 2018. "Initial public offering and financing of biotechnology start-ups: Evidence from Japan," Research Policy, Elsevier, vol. 47(1), pages 180-193.
    26. William H. Janeway & Ramana Nanda & Matthew Rhodes-Kropf, 2021. "Venture Capital Booms and Start-Up Financing," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 111-127, November.
    27. Jacob Benus & Sheena McConnell & Jeanne Bellotti & Theodore Shen & Kenneth Fortson & Daver Kahvecioglu, "undated". "Growing America Through Entrepreneurship: Findings from the Evaluation of Project GATE," Mathematica Policy Research Reports afeceaeccbf54835ae4f79e73, Mathematica Policy Research.
    28. Peter Egger & Christian Keuschnigg, 2009. "Corporate Finance and Comparative Advantage," University of St. Gallen Department of Economics working paper series 2009 2009-04, Department of Economics, University of St. Gallen.
    29. Danny García, 2007. "Innovation and Growth: A Survey of the Literature and a Case Study for Latin America," Revista Ecos de Economía, Universidad EAFIT, October.
    30. Christian Keuschnigg, 2008. "Tax Policy for Venture Capital Backed Entrepreneurship," University of St. Gallen Department of Economics working paper series 2008 2008-07, Department of Economics, University of St. Gallen.
    31. Feng, Xunan & Chan, Kam C. & Lo, Yung Ling, 2020. "Are venture capitalist-backed IPOs more innovative? Evidence from an emerging market," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    32. Russell Sobel & Nabamita Dutta & Sanjukta Roy, 2010. "Does cultural diversity increase the rate of entrepreneurship?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(3), pages 269-286, September.
    33. Stefano Caselli & Stefano Gatti & Francesco Perrini, 2009. "Are Venture Capitalists a Catalyst for Innovation?," European Financial Management, European Financial Management Association, vol. 15(1), pages 92-111, January.
    34. Ann-Kristin Achleitner & Reiner Braun & Eva Lutz & Uwe Reiner, 2014. "Industry relatedness in trade sales and venture capital investment returns," Small Business Economics, Springer, vol. 43(3), pages 621-637, October.
    35. Andrea Schertler, 2007. "Knowledge Capital and Venture Capital Investments: New Evidence from European Panel Data," German Economic Review, Verein für Socialpolitik, vol. 8(1), pages 64-88, February.
    36. Wonglimpiyarat, Jarunee, 2009. "The influence of capital market laws and initial public offering (IPO) process on venture capital," European Journal of Operational Research, Elsevier, vol. 192(1), pages 293-301, January.
    37. Hart, David M., 2009. "Accounting for change in national systems of innovation: A friendly critique based on the U.S. case," Research Policy, Elsevier, vol. 38(4), pages 647-654, May.
    38. Roman Kraussl & Stefan Krause, 2013. "Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985-2009," DEM Discussion Paper Series 13-6, Department of Economics at the University of Luxembourg.
    39. Wang, Lanfang & Wang, Susheng, 2021. "Unusual investor behavior under tacit and endogenous market signals," International Review of Economics & Finance, Elsevier, vol. 73(C), pages 76-97.
    40. Max-Peter Menzel & Maryann P. Feldman & Tom Broekel, 2017. "Institutional change and network evolution: explorative and exploitative tie formations of co-inventors during the dot-com bubble in the Research Triangle region," Regional Studies, Taylor & Francis Journals, vol. 51(8), pages 1179-1191, August.
    41. Ann‐Kristin Achleitner & Nico Engel & Uwe Reiner, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, John Wiley & Sons, vol. 22(1), pages 20-35, January.
    42. Cumming, Douglas & Fleming, Grant & Suchard, Jo-Ann, 2005. "Venture capitalist value-added activities, fundraising and drawdowns," Journal of Banking & Finance, Elsevier, vol. 29(2), pages 295-331, February.
    43. Cumming, D. & Johan, S.A., 2005. "Advice and monitoring in venture finance," Discussion Paper 2005-003, Tilburg University, Tilburg Law and Economic Center.
    44. Ballinger, T. Parker & Habegger, Wendy & Jones, Clifton T. & Thompson, Mark A., 2016. "Convergence in Venture Capital Investments: Evidence from a Panel of 18 US Regions," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 46(2), December.
    45. Ren, Ailian, 2009. "Independent Innovation System of China's Agricultural Products Processing Industry," Asian Agricultural Research, USA-China Science and Culture Media Corporation, vol. 1(07), pages 1-5, July.
    46. Bertoni, Fabio & Tykvová, Tereza, 2012. "Which form of venture capital is most supportive of innovation?," ZEW Discussion Papers 12-018, ZEW - Leibniz Centre for European Economic Research.
    47. Geertjan De Vries & Joern H. Block, 2011. "Venture capital syndication in times of economic crisis," Venture Capital, Taylor & Francis Journals, vol. 13(3), pages 195-213, June.
    48. Marc Cowling & Weixi Liu & Ning Zhang, 2018. "Did firm age, experience, and access to finance count? SME performance after the global financial crisis," Journal of Evolutionary Economics, Springer, vol. 28(1), pages 77-100, January.
    49. Avnimelech, Gil & Teubal, Morris, 2006. "Creating venture capital industries that co-evolve with high tech: Insights from an extended industry life cycle perspective of the Israeli experience," Research Policy, Elsevier, vol. 35(10), pages 1477-1498, December.
    50. Lee Branstetter & Reiko Aoki, 2005. "Is Academic Science Raising Innovative Productivity? Theory and Evidence from Firm-Level Data," Hi-Stat Discussion Paper Series d05-86, Institute of Economic Research, Hitotsubashi University.
    51. Achleitner, Ann-Kristin & Engel, Nico & Reiner, Uwe, 2013. "The performance of venture capital investments: Do investors overreact?," Review of Financial Economics, Elsevier, vol. 22(1), pages 20-35.
    52. Geronikolaou, George & Papachristou, George, 2008. "Venture Capital and Innovation in Europe," MPRA Paper 36706, University Library of Munich, Germany.
    53. Roman Kräussl & Stefan Krause, 2014. "Has Europe Been Catching Up? An Industry Level Analysis of Venture Capital Success over 1985–2009," European Financial Management, European Financial Management Association, vol. 20(1), pages 179-205, January.
    54. Lee Branstetter & Kwon Hyeog Ug, 2004. "The Restructuring Of Japanese Research And Development: The Increasing Impact Of Science On Japanese R&D," Discussion papers 04021, Research Institute of Economy, Trade and Industry (RIETI).

  75. Josh Lerner, 2002. "150 Years of Patent Protection," American Economic Review, American Economic Association, vol. 92(2), pages 221-225, May.
    See citations under working paper version above.
  76. Josh Lerner, 2002. "When Bureaucrats Meet Entrepreneurs: The Design of Effective "Public Venture Capital" Programmes," Economic Journal, Royal Economic Society, vol. 112(477), pages 73-84, February.

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    1. Laura Abrardi & Annalisa Croce & Elisa Ughetto, 2019. "The dynamics of switching between governmental and independent venture capitalists: theory and evidence," Small Business Economics, Springer, vol. 53(1), pages 165-188, June.
    2. Christian Keuschnigg, 2003. "Optimal Public Policy For Venture Capital Backed Innovation," University of St. Gallen Department of Economics working paper series 2003 2003-09, Department of Economics, University of St. Gallen.
    3. Alex Coad, 2007. "Neoclassical vs Evolutionary Theories of Financial Constraints : Critique and Prospectus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00144415, HAL.
    4. Uluc Aysun & Zeynep Yom, 2017. "Interest rates, R&D investment and the distortionary effects of R&D incentives," Villanova School of Business Department of Economics and Statistics Working Paper Series 37, Villanova School of Business Department of Economics and Statistics.
    5. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    6. Colombo, Massimo G. & D’Adda, Diego & Pirelli, Lorenzo H., 2016. "The participation of new technology-based firms in EU-funded R&D partnerships: The role of venture capital," Research Policy, Elsevier, vol. 45(2), pages 361-375.
    7. Walid A Nakara & Karim Messeghem & Andry Ramaroson, 2019. "L’innovation produit et service dans un contexte de pauvreté : une analyse multiniveau," Post-Print hal-02519418, HAL.
    8. Sian Owen & Jo-Ann Suchard, 2013. "The impact of venture capital/private equity investment on the performance of IPOs in Australia," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 19, pages 400-420, Edward Elgar Publishing.
    9. Dirk Czarnitzki & Julie Delanote, 2015. "R&D policies for young SMEs: input and output effects," Small Business Economics, Springer, vol. 45(3), pages 465-485, October.
    10. Erik Engberg & Patrik Gustavsson Tingvall & Daniel Halvarsson, 2021. "Direct and indirect effects of private- and government-sponsored venture capital," Empirical Economics, Springer, vol. 60(2), pages 701-735, February.
    11. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    12. Buffart, Mickaël & Croidieu, Grégoire & Kim, Phillip H. & Bowman, Ray, 2020. "Even winners need to learn: How government entrepreneurship programs can support innovative ventures," Research Policy, Elsevier, vol. 49(10).
    13. Munari, Federico & Toschi, Laura, 2015. "Assessing the impact of public venture capital programmes in the United Kingdom: Do regional characteristics matter?," Journal of Business Venturing, Elsevier, vol. 30(2), pages 205-226.
    14. Dvouletý Ondřej & Čadil Jan & Mirošník Karel, 2019. "Do Firms Supported by Credit Guarantee Schemes Report Better Financial Results 2 Years After the End of Intervention?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(1), pages 1-20, January.
    15. Christian Keuschnigg, 2003. "Public Policy and Venture Capital Backed Innovation," CESifo Working Paper Series 1066, CESifo.
    16. Cécile Carpentier & Jean-Marc Suret, 2005. "On the Usefulness of Tax Incentives for Business Angels and SME Owners: An Empirical Analysis," CIRANO Working Papers 2005s-13, CIRANO.
    17. Collewaert, V. & Manigart, S. & Rudy Aernoudt, 2007. "An assessment of government funding of business angel networks: a regional study," Vlerick Leuven Gent Management School Working Paper Series 2007-16, Vlerick Leuven Gent Management School.
    18. Gustavo A. Crespi & Alessandro Maffioli & Pierre Mohnen & Gonzalo Vázquez, 2011. "Evaluating the Impact of Science, Technology and Innovation Programs: a Methodological Toolkit," SPD Working Papers 1104, Inter-American Development Bank, Office of Strategic Planning and Development Effectiveness (SPD).
    19. Li, Jiaming & Lin, Xiaohua, 2017. "Assessing credit guarantee companies in China: Applying a new framework," China Economic Review, Elsevier, vol. 44(C), pages 98-111.
    20. Wang, Jiancheng & Li, Xiaoye, 2023. "From “Super App” to “Super VC”: The value-added effect of China's digital platforms," Finance Research Letters, Elsevier, vol. 54(C).
    21. Lucas, David S. & Fuller, Caleb S., 2017. "Entrepreneurship: Productive, unproductive, and destructive—Relative to what?," Journal of Business Venturing Insights, Elsevier, vol. 7(C), pages 45-49.
    22. Andrea Bellucci & Luca Pennacchio & Alberto Zazzaro, 2019. "R&D Subsidies and Firms’ Debt Financing," CSEF Working Papers 527, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
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    24. Nishimura, Junichi & Okamuro, Hiroyuki, 2012. "Subsidy and networking: The effects of direct and indirect support programs of the cluster policy," Working Paper Series 22, Center for Interfirm Network, Institute of Economic Research, Hitotsubashi University.
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    157. Annalisa Croce & Elisa Ughetto, 2019. "The role of venture quality and investor reputation in the switching phenomenon to different types of venture capitalists," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(2), pages 191-227, June.
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  77. Josh Lerner, 2002. "Where Does State Street Lead? A First Look at Finance Patents, 1971 to 2000," Journal of Finance, American Finance Association, vol. 57(2), pages 901-930, April.
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  78. Lerner, Josh & Tirole, Jean, 2001. "The open source movement: Key research questions," European Economic Review, Elsevier, vol. 45(4-6), pages 819-826, May.

    Cited by:

    1. Haruvy Ernan E & Wu Fang & Chakravarty Sujoy, 2005. "Incentives for Developers’ Contributions and Product Performance Metrics in Open Source Development: An Empirical Exploration," IIMA Working Papers WP2005-03-04, Indian Institute of Management Ahmedabad, Research and Publication Department.
    2. Nicholas Economides & Evangelos Katsamakas, 2004. "Two-sided competition of proprietary vs. open source technology platforms and the implications for the software industry," Working Papers 04-30, New York University, Leonard N. Stern School of Business, Department of Economics.
    3. Burcu Tan & Edward G. Anderson, Jr. & Geoffrey G. Parker, 2020. "Platform Pricing and Investment to Drive Third-Party Value Creation in Two-Sided Networks," Information Systems Research, INFORMS, vol. 31(1), pages 217-239, March.
    4. Lomi, Alessandro & Conaldi, Guido & Tonellato, Marco & Pallotti, Francesca, 2014. "Participation motifs and the emergence of organization in open productions," Structural Change and Economic Dynamics, Elsevier, vol. 29(C), pages 40-57.
    5. Celine Schulz & Stefan Wagner, 2008. "Outlaw Community Innovations," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 12(03), pages 399-418.
    6. Jürgen Lerner & Alessandro Lomi, 2018. "Knowledge categorization affects popularity and quality of Wikipedia articles," PLOS ONE, Public Library of Science, vol. 13(1), pages 1-22, January.
    7. Nicholas Economides & Evangelos Katsamakas, 2005. "Linux vs. Windows: A Comparison of Innovation Incentives and a Case Study," Working Papers 05-11, New York University, Leonard N. Stern School of Business, Department of Economics.
    8. Shaikh, Ibrahim & Randhawa, Krithika, 2022. "Managing the risks and motivations of technology managers in open innovation: Bringing stakeholder-centric corporate governance into focus," Technovation, Elsevier, vol. 114(C).
    9. Thomas Fackler & Nadzeya Laurentsyeva, 2020. "Gravity in Online Collaborations: Evidence from GitHub," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(03), pages 15-20, September.
    10. Perttu Salovaara, 2015. "What can the coworking movement tell us about the future of workplaces?," Chapters, in: Leadership in Spaces and Places, chapter 1, pages 27-48, Edward Elgar Publishing.
    11. Belenzon, Sharon & Schankerman, Mark, 2015. "Motivation and sorting of human capital in open innovation," LSE Research Online Documents on Economics 58514, London School of Economics and Political Science, LSE Library.
    12. Waring, Teresa & Maddocks, Philip, 2005. "Open Source Software implementation in the UK public sector: Evidence from the field and implications for the future," International Journal of Information Management, Elsevier, vol. 25(5), pages 411-428.
    13. Egbert, Henrik & Greiff, Matthias, 2023. "Pay-What-You-Want für öffentliche Güter: Eine Fallstudie zu vhs.wissen live [Pay-What-You-Want and Public Goods: a case study of vhs.wissen live]," MPRA Paper 118432, University Library of Munich, Germany.
    14. Sharon Belenzon & Mark Schankerman, 2015. "Motivation and sorting of human capital in open innovation," Strategic Management Journal, Wiley Blackwell, vol. 36(6), pages 795-820, June.
    15. Watson, Richard T. & Boudreau, Marie-Claude & Greiner, Martina & Wynn, Donald & York, Paul & Gul, Rusen, 2005. "Governance and global communities," Journal of International Management, Elsevier, vol. 11(2), pages 125-142, June.
    16. Belleflamme,Paul & Peitz,Martin, 2015. "Industrial Organization," Cambridge Books, Cambridge University Press, number 9781107687899.
    17. Ramello Giovanni B., 2005. "Intellectual Property and the Markets of Ideas," Review of Network Economics, De Gruyter, vol. 4(2), pages 1-20, June.
    18. Ramon Casadesus-Masanell & Gaston Llanes, 2009. "Mixed Source," Working Papers 09-06, NET Institute, revised Sep 2009.
    19. Gauguier, Jean-Jacques, 2009. "L’industrialisation de l’Open Source," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/4388 edited by Toledano, Joëlle.
    20. Balka, Kerstin & Raasch, Christina & Herstatt, Cornelius, 2009. "How open is open source: Software and beyond," Working Papers 58, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    21. Evangelos Katsamakas & Mingdi Xin, 2005. "An economic analysis of enterprise adoption of open source software," Working Papers 05-29, NET Institute, revised Oct 2005.
    22. Nordine Benkeltoum, 2012. "Open source et systèmes critiques : le cas Thales," Post-Print hal-00905919, HAL.
    23. Campbell-Kelly, Martin & Garcia-Swartz, Daniel D., 2009. "Pragmatism, not ideology: Historical perspectives on IBM's adoption of open-source software," Information Economics and Policy, Elsevier, vol. 21(3), pages 229-244, August.
    24. Ewald Scherm & Christian Maaß, 2006. "Zum Stellenwert der Netzwerkökonomik in der Strategie-/Marketingforschung —Eine Analyse empirischer Untersuchungen," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 17(1), pages 27-46, March.
    25. Holck, Jesper & Larsen, Michael Holm & Pedersen, Mogens Kühn, 2004. "Identifying Business Barriers and Enablers for the Adoption of Open Source Software," Working Papers 2004-10, Copenhagen Business School, Department of Informatics.
    26. Egon Franck & Carola Jungwirth, 2001. "Open versus Closed Source," Working Papers 0004, University of Zurich, Institute for Strategy and Business Economics (ISU).
    27. Agterberg, M. & Huysman, M. & Hooff, B. van den, 2008. "Leadership in online knowledge networks : challenges and coping strategies in a network of practice," Serie Research Memoranda 0004, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    28. Ash Amin & Patrick Cohendet, 2012. "The Firm as a ‘Platform of Communities': A Contribution to the Knowledge-based Approach of the Firm," Chapters, in: Richard Arena & Agnès Festré & Nathalie Lazaric (ed.), Handbook of Knowledge and Economics, chapter 18, Edward Elgar Publishing.
    29. Nicholas Economides & Evangelos Katsamakas, 2005. "Linux vs. Windows: A comparison of application and platform innovation incentives for open source and proprietary software platforms+," Working Papers 05-03, NET Institute, revised Sep 2005.
    30. Schulz, Celine, 2006. "The Secret to Successful User Communities: An Analysis of Computer Associates’ User Groups," Discussion Papers in Business Administration 1257, University of Munich, Munich School of Management.
    31. Erdem Dogukan Yilmaz & Tim Meyer & Milan Miric, 2023. "Preventing Others from Commercializing Your Innovation: Evidence from Creative Commons Licenses," Papers 2309.00536, arXiv.org.
    32. Julien Pénin, 2008. "More open than open innovation? Rethinking the concept of openness in innovation studies," Working Papers of BETA 2008-18, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    33. Gastón Llanes & Ramiro de Elejalde, 2009. "Industry Equilibrium with Open Source and Proprietary Firms," Harvard Business School Working Papers 09-149, Harvard Business School.
    34. Larsen, Michael Holm & Holck, Jesper & Pedersen, Mogens Kühn, 2004. "The Challenges of Open Source Software in IT Adoption," Working Papers 2004-11, Copenhagen Business School, Department of Informatics.
    35. Doyle, Cathal & Luczak-Roesch, Markus & Mittal, Abhinav, 2019. "We need the open artefact: Design Science as a pathway to Open Science in Information Systems research," OSF Preprints ye6xp, Center for Open Science.
    36. Pénin, Julien & Wack, Jean-Pierre, 2008. "Research tool patents and free-libre biotechnology: A suggested unified framework," Research Policy, Elsevier, vol. 37(10), pages 1909-1921, December.
    37. A. Talha Yalta & A. Yasemin Yalta, 2010. "Should Economists Use Open Source Software for Doing Research?," Working Papers 1007, TOBB University of Economics and Technology, Department of Economics.
    38. Julien Pénin, 2007. "Open Knowledge Disclosure: An Overview Of The Evidence And Economic Motivations," Journal of Economic Surveys, Wiley Blackwell, vol. 21(2), pages 326-347, April.
    39. Peitz, Martin & Waelbroeck, Patrick, 2006. "Piracy of digital products: A critical review of the theoretical literature," Information Economics and Policy, Elsevier, vol. 18(4), pages 449-476, November.
    40. Paola Giuri & Gaia Rocchetti & Salvatore Torrisi, 2002. "Open Source Software: From Open Science to New Marketing Models," LEM Papers Series 2002/23, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    41. Andrea Bonaccorsi & Cristina Rossi, 2002. "Why open source software can succeed," LEM Papers Series 2002/15, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    42. Thierry Warin & Jean-Philippe Bonardi, 2007. "Open Source Software Development, Innovation, and Coordination Costs," Middlebury College Working Paper Series 0701, Middlebury College, Department of Economics.
    43. Powell, J.P., 2010. "The limits of economic self-interest : The case of open source software," Other publications TiSEM fc6d2aa1-8b29-40be-b888-5, Tilburg University, School of Economics and Management.
    44. Belenzon, Sharon & Schankerman, Mark, 2008. "Motivation and sorting in open source software innovation," LSE Research Online Documents on Economics 51594, London School of Economics and Political Science, LSE Library.
    45. Andersen-Gott, Morten & Ghinea, Gheorghita & Bygstad, Bendik, 2012. "Why do commercial companies contribute to open source software?," International Journal of Information Management, Elsevier, vol. 32(2), pages 106-117.
    46. Martin Weiss, 2009. "Altruism Squared - The Economics of Statalist Exchanges," DC09 Stata Conference 6, Stata Users Group.
    47. Marc Blatter & Andras Niedermayer, 2008. "Informational Hold-Up, Disclosure Policy, and Career Concerns on the Example of Open Source Software Development," Working Papers 08-06, NET Institute, revised Sep 2008.
    48. Rebeca Méndez-Durón & Clara García, 2009. "Returns from social capital in open source software networks," Journal of Evolutionary Economics, Springer, vol. 19(2), pages 277-295, April.
    49. Lerner, Jürgen & Kenis, Patrick & Raaij, Denise van & Brandes, Ulrik, 2011. "Will they stay or will they go? How network properties of WebICs predict dropout rates of valuable Wikipedians," European Management Journal, Elsevier, vol. 29(5), pages 404-413.

  79. Lanjouw, Jean O & Lerner, Josh, 2001. "Tilting the Table? The Use of Preliminary Injunctions," Journal of Law and Economics, University of Chicago Press, vol. 44(2), pages 573-603, October.

    Cited by:

    1. Alberto Galasso & Mark Schankerman, 2010. "Patent thickets, courts, and the market for innovation," RAND Journal of Economics, RAND Corporation, vol. 41(3), pages 472-503, September.
    2. Becker-Blease, John R., 2011. "Governance and innovation," Journal of Corporate Finance, Elsevier, vol. 17(4), pages 947-958, September.
    3. Alberto Galasso & Mark Schankerman & Carlos J. Serrano, 2013. "Trading and enforcing patent rights," RAND Journal of Economics, RAND Corporation, vol. 44(2), pages 275-312, June.
    4. Gans, Joshua S. & Persson, Lars, 2012. "Entrepreneurial Commercialization Choices and the Interaction between IPR and Competition Policy," Working Paper Series 895, Research Institute of Industrial Economics.
    5. James Bessen & Robert M. Hunt, 2004. "An empirical look at software patents," Working Papers 03-17, Federal Reserve Bank of Philadelphia.
    6. Francesco SCHETTINO & Alessandro STERLACCHINI, 2007. "European Patenting and the Size of Inventors," Working Papers 308, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    7. Gilbert, Richard J & Katz, Michael L, 2009. "Efficient Division of Profits from Complementary Innovations," Department of Economics, Working Paper Series qt5mr0s11v, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    8. Galasso, Alberto & Schankerman, Mark, 2008. "Patent thickets and the market for innovation: evidence from settlement of patent disputes," LSE Research Online Documents on Economics 25474, London School of Economics and Political Science, LSE Library.
    9. Bekkers, R. & Gilsing, V.A. & van der Steen, M., 2006. "Determining factors of the effectiveness of IP-based spin-offs : Comparing the Netherlands and the US," Other publications TiSEM 3e40ba18-c59c-46b5-a16a-1, Tilburg University, School of Economics and Management.
    10. Josh Lerner, 2008. "The Litigation of Financial Innovations," NBER Working Papers 14324, National Bureau of Economic Research, Inc.
    11. Rockett, K, 2008. "Property Rights and Invention," Economics Discussion Papers 2857, University of Essex, Department of Economics.
    12. Nancy T. Gallini, 2002. "The Economics of Patents: Lessons from Recent U.S. Patent Reform," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 131-154, Spring.
    13. Galasso, Alberto, 2007. "Broad cross-license agreements and persuasive patent litigation: theory and evidence from the semiconductor industry," LSE Research Online Documents on Economics 6718, London School of Economics and Political Science, LSE Library.
    14. Alberto Galasso & Mark Schankerman, 2008. "Patent Thickets and the Market for Innovation: Evidence from Settlement of Patent Disputes," CEP Discussion Papers dp0889, Centre for Economic Performance, LSE.
    15. Philipp N. Baecker, 2007. "Real Options and Intellectual Property," Lecture Notes in Economics and Mathematical Systems, Springer, number 978-3-540-48264-2, October.
    16. Gilbert, Richard J & Katz, Michael L, 2007. "Should Good Patents Come in Small Packages? A Welfare Analysis of Intellectual Property Bundling," Department of Economics, Working Paper Series qt59x0t6tv, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    17. Thomas D. Jeitschko & Byung-Cheol Kim, 2013. "Signaling, Learning, and Screening Prior to Trial: Informational Implications of Preliminary Injunctions," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 29(5), pages 1085-1113, October.
    18. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    19. Chung, Jiyoon & Lorenz, Annika & Somaya, Deepak, 2019. "Dealing with intellectual property (IP) landmines: Defensive measures to address the problem of IP access," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    20. Gerald Marschke & Jinyoung Kim, 2002. "Accounting for the recent surge in U.S. patenting: Changes in R&D expenditures, patent yields, and the high tech sector," Discussion Papers 02-10, University at Albany, SUNY, Department of Economics.
    21. Bai, Qing & Tian, Shaonan, 2020. "Innovate or die: Corporate innovation and bankruptcy forecasts," Journal of Empirical Finance, Elsevier, vol. 59(C), pages 88-108.
    22. Schankerman, Mark & Galasso, Alberto, 2008. "Patent Thickets, Judicial Enforcement and the Market for Innovation: Theory and Evidence from Patent Litigation," CEPR Discussion Papers 6946, C.E.P.R. Discussion Papers.
    23. Ganslandt, Mattias, 2008. "Intellectual Property Rights and Competition Policy," Working Paper Series 726, Research Institute of Industrial Economics.
    24. Rasmus Arler Bogetoft & Peter Bogetoft, 2022. "Market entrance, patents, and preliminary injunctions: a model of pharmaceutical patent litigation," European Journal of Law and Economics, Springer, vol. 53(3), pages 379-423, June.
    25. Rosemarie Ham Ziedonis, 2004. "Don't Fence Me In: Fragmented Markets for Technology and the Patent Acquisition Strategies of Firms," Management Science, INFORMS, vol. 50(6), pages 804-820, June.
    26. Michael Klein & Yibai Yang, 2023. "Online Appendix to "Blocking Patents, Rent Protection and Economic Growth"," Online Appendices 23-26, Review of Economic Dynamics.
    27. Su-Chen Yu & Kuang-Hsun Shih, 2021. "Financial Market Reaction to Patent Lawsuits against Integrated Circuit Design Companies," JRFM, MDPI, vol. 14(9), pages 1-16, September.
    28. Wen Wen & Chris Forman & Stuart J. H. Graham, 2013. "Research Note ---The Impact of Intellectual Property Rights Enforcement on Open Source Software Project Success," Information Systems Research, INFORMS, vol. 24(4), pages 1131-1146, December.
    29. Cremers, Katrin & Gaessler, Fabian & Harhoff, Dietmar & Helmers, Christian & Lefouili, Yassine, 2016. "Invalid but infringed? An analysis of the bifurcated patent litigation system," Journal of Economic Behavior & Organization, Elsevier, vol. 131(PA), pages 218-242.
    30. Reitzig, Markus & Henkel, Joachim & Heath, Christopher, 2007. "On sharks, trolls, and their patent prey--Unrealistic damage awards and firms' strategies of "being infringed"," Research Policy, Elsevier, vol. 36(1), pages 134-154, February.
    31. Julien Pénin, 2003. "Patents versus ex-post rewards: a new look," Working Papers of BETA 2003-09, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    32. Yougen Cao & Shengce Ren & Mei Du, 2022. "Strategic trademark management: a systematic literature review and prospects for future research," Journal of Brand Management, Palgrave Macmillan, vol. 29(5), pages 435-453, September.
    33. Lanjouw, Jean O & Schankerman, Mark, 2004. "Protecting Intellectual Property Rights: Are Small Firms Handicapped?," Journal of Law and Economics, University of Chicago Press, vol. 47(1), pages 45-74, April.
    34. Josh Lerner, 2003. "The Patent System and Competition," Levine's Working Paper Archive 618897000000000577, David K. Levine.
    35. Dean Baker, 2016. "Working Paper: Rents and Inefficiency in the Patent and Copyright System: Is There a Better Route?," CEPR Reports and Issue Briefs 2016-12, Center for Economic and Policy Research (CEPR).
    36. Reiko Aoki & Jin-Li Hu, 2003. "Time Factors of Patent Litigation and Licensing," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 159(2), pages 280-301, June.
    37. Amalia Yiannaka & Murray Fulton, 2011. "Getting Away with Robbery? Patenting Behavior with the Threat of Infringement," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 20(2), pages 625-648, June.
    38. Chen, Yi-Min & Liu, Hsin-Hsien & Liu, Yu-Siang & Huang, Huei-Ting, 2016. "A preemptive power to offensive patent litigation strategy: Value creation, transaction costs and organizational slack," Journal of Business Research, Elsevier, vol. 69(5), pages 1634-1638.
    39. Tobias Basse & Christoph Schwarzbach & J.-Matthias Schulenburg, 2023. "Dividend policy issues in the European pharmaceutical industry: new empirical evidence," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 24(5), pages 803-816, July.
    40. Linda R. Cohen & Jun Ishii, 2005. "Competition, Innovation and Racing for Priority at the U.S. Patent and Trademark Office," Working Papers 050604, University of California-Irvine, Department of Economics.
    41. John R. Boyce & Aidan Hollis, 2007. "Preliminary Injunctions and Damage Rules in Patent Law," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(2), pages 385-405, June.
    42. Patrick Cohendet & Matthieu Farcot & Julien Pénin, 2009. "Intellectual property in a knowledge-based economy : Patents to include vs. patents to exclude," Working Papers of BETA 2009-15, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    43. Cremers, Katrin, 2004. "Determinants of Patent Litigation in Germany," ZEW Discussion Papers 04-72, ZEW - Leibniz Centre for European Economic Research.

  80. Jaffe, Adam B & Lerner, Josh, 2001. "Reinventing Public R&D: Patent Policy and the Commercialization of National Laboratory Technologies," RAND Journal of Economics, The RAND Corporation, vol. 32(1), pages 167-198, Spring.

    Cited by:

    1. Nicholas Bloom & John Van Reenen & Heidi Williams, 2019. "A Toolkit of Policies to Promote Innovation," Journal of Economic Perspectives, American Economic Association, vol. 33(3), pages 163-184, Summer.
    2. Colombelli, Alessandra & Belitski, Maksim & D’Amico, Elettra, 2023. "Artificial Intelligence and Firm Innovation: The Resource-Allocation Perspective," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 202304, University of Turin.
    3. Choi, Haneul & Yoon, Hyunjung & Siegel, Donald & Waldman, David A. & Mitchell, Marie S., 2022. "Assessing differences between university and federal laboratory postdoctoral scientists in technology transfer," Research Policy, Elsevier, vol. 51(3).
    4. Mariana Mazzucato & Douglas K Robinson, 2016. "Lost in space? NASA and the changing publicprivate eco-system in space," SPRU Working Paper Series 2016-20, SPRU - Science Policy Research Unit, University of Sussex Business School.
    5. Fred Block & Matthew R. Keller, 2011. "Where do Innovations Come From? Transformations in the U.S. Economy, 1970-2006," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 35, TUT Ragnar Nurkse Department of Innovation and Governance.
    6. Belenzon, Sharon & Schankerman, Mark, 2007. "Harnessing success: determinants of university technology licensing performance," LSE Research Online Documents on Economics 3726, London School of Economics and Political Science, LSE Library.
    7. Chen, Chung-Jen & Lin, Bou-Wen & Lin, Ya-Hui & Hsiao, Yung-Chang, 2016. "Ownership structure, independent board members and innovation performance: A contingency perspective," Journal of Business Research, Elsevier, vol. 69(9), pages 3371-3379.
    8. Joshua R. Bruce & John M. de Figueiredo, 2020. "Innovation in the U.S. Government," NBER Working Papers 27181, National Bureau of Economic Research, Inc.
    9. Jong-Bok Park & Tae-Kyu Ryu & David Gibson, 2010. "Facilitating public-to-private technology transfer through consortia: initial evidence from Korea," The Journal of Technology Transfer, Springer, vol. 35(2), pages 237-252, April.
    10. Popp, David & Newell, Richard G. & Jaffe, Adam B., 2010. "Energy, the Environment, and Technological Change," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 873-937, Elsevier.
    11. Broström, Anders, 2010. "Working with distant researchers--Distance and content in university-industry interaction," Research Policy, Elsevier, vol. 39(10), pages 1311-1320, December.
    12. Joao J. M. Ferreira & Cristina Fernandes & Vanessa Ratten, 2019. "The effects of technology transfers and institutional factors on economic growth: evidence from Europe and Oceania," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1505-1528, October.
    13. Yang, Hyeonchae & Jung, Woo-Sung, 2016. "Structural efficiency to manipulate public research institution networks," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 21-32.
    14. Van Reenen, John, 2021. "Innovation and human capital policy," LSE Research Online Documents on Economics 119783, London School of Economics and Political Science, LSE Library.
    15. Heisey, Paul W. & Day-Rubenstein, Kelly A. & King, John L., 2006. "Government Patenting And Technology Transfer," Economic Research Report 33597, United States Department of Agriculture, Economic Research Service.
    16. Bekkers, R. & Gilsing, V.A. & van der Steen, M., 2006. "Determining factors of the effectiveness of IP-based spin-offs : Comparing the Netherlands and the US," Other publications TiSEM 3e40ba18-c59c-46b5-a16a-1, Tilburg University, School of Economics and Management.
    17. Burhan, Muqbil & Singh, Anil K. & Jain, Sudhir K., 2017. "Patents as proxy for measuring innovations: A case of changing patent filing behavior in Indian public funded research organizations," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 181-190.
    18. Pierre Azoulay & Waverly Ding & Toby Stuart, 2005. "The Determinants of Faculty Patenting Behavior: Demographics or Opportunities?," NBER Working Papers 11348, National Bureau of Economic Research, Inc.
    19. Antonelli, Cristiano, 2003. "The Governance of Localized Technological Knowledge and the Evolution of Intellectual Property Rights," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200301, University of Turin.
    20. Chen, Chung-Jen & Huang, Yi-Fen & Lin, Bou-Wen, 2012. "How firms innovate through R&D internationalization? An S-curve hypothesis," Research Policy, Elsevier, vol. 41(9), pages 1544-1554.
    21. Duan, Yunlong & Liu, Shuling & Cheng, Hao & Chin, Tachia & Luo, Xuan, 2021. "The moderating effect of absorptive capacity on transnational knowledge spillover and the innovation quality of high-tech industries in host countries: Evidence from the Chinese manufacturing industry," International Journal of Production Economics, Elsevier, vol. 233(C).
    22. Broström, Anders & McKelvey, Maureen, 2009. "How do Organisational and Cognitive Distances Shape Firms’ Interactions with Universities and Public Research Institutes?," Working Paper Series in Economics and Institutions of Innovation 188, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    23. Svensson, Roger, 2004. "Commercialization of Patents and External Financing during the R&D-Phase," Working Paper Series 624, Research Institute of Industrial Economics.
    24. Deng, Yi, 2008. "The value of knowledge spillovers in the U.S. semiconductor industry," International Journal of Industrial Organization, Elsevier, vol. 26(4), pages 1044-1058, July.
    25. Deng, Yi, 2005. "The Value of Knowledge Spillovers in the US Semiconductor Industry," Departmental Working Papers 0516, Southern Methodist University, Department of Economics, revised Nov 2006.
    26. Joshua R. Bruce & John M. de Figueiredo, 2020. "Innovation in the US Government," NBER Chapters, in: The Role of Innovation and Entrepreneurship in Economic Growth, pages 433-464, National Bureau of Economic Research, Inc.
    27. Foray, Dominique & Lissoni, Francesco, 2010. "University Research and Public–Private Interaction," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 275-314, Elsevier.
    28. Layne-Farrar, Anne & Lerner, Josh, 2011. "To join or not to join: Examining patent pool participation and rent sharing rules," International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 294-303, March.
    29. Popp, David, 2017. "From science to technology: The value of knowledge from different energy research institutions," Research Policy, Elsevier, vol. 46(9), pages 1580-1594.
    30. Chen, Chung-Jen & Huang, Yi-Fen, 2010. "Creative workforce density, organizational slack, and innovation performance," Journal of Business Research, Elsevier, vol. 63(4), pages 411-417, April.
    31. Jeffrey L. Furman & Scott Stern, 2011. "Climbing atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research," American Economic Review, American Economic Association, vol. 101(5), pages 1933-1963, August.
    32. D’Amico, Elettra & Belitski, Maksim & Colombelli, Alessandra, 2023. "Evaluating Internal and External Knowledge Sources in Adopting Artificial Intelligence," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 202303, University of Turin.
    33. Pierre Azoulay & Waverly Ding & Toby Stuart, 2006. "The Impact of Academic Patenting on the Rate, Quality, and Direction of (Public) Research Output," NBER Working Papers 11917, National Bureau of Economic Research, Inc.
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    39. Robinson, David T. & Sensoy, Berk A., 2016. "Cyclicality, performance measurement, and cash flow liquidity in private equity," Journal of Financial Economics, Elsevier, vol. 122(3), pages 521-543.
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    41. Edwards, Alexander & Todtenhaupt, Maximilian, 2020. "Capital gains taxation and funding for start-ups," Journal of Financial Economics, Elsevier, vol. 138(2), pages 549-571.
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    44. Zarutskie, Rebecca, 2010. "The role of top management team human capital in venture capital markets: Evidence from first-time funds," Journal of Business Venturing, Elsevier, vol. 25(1), pages 155-172, January.
    45. Das, Sanjiv R. & Jo, Hoje & Kim, Yongtae, 2011. "Polishing diamonds in the rough: The sources of syndicated venture performance," Journal of Financial Intermediation, Elsevier, vol. 20(2), pages 199-230, April.
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    48. Kaplan, Steven N. & Strömberg, Per, 2008. "Leveraged Buyouts and Private Equity," Working Papers 228, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    49. Lerner, Josh & Schoar, Antoinette, 2004. "Transaction Structures in the Developing World: Evidence from Private Equity," Working papers 4468-04, Massachusetts Institute of Technology (MIT), Sloan School of Management.
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    51. Kirill Shakhnov, 2022. "The Allocation of Talent: Finance versus Entrepreneurship," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 161-195, October.
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    Cited by:

    1. Liliana Gelabert & Andrea Fosfuri & Josep A. Tribó, 2009. "Does The Effect Of Public Support For R&D Depend On The Degree Of Appropriability?," Journal of Industrial Economics, Wiley Blackwell, vol. 57(4), pages 736-767, December.
    2. Raffaello Bronzini & Eleonora Iachini, 2014. "Are Incentives for R&D Effective? Evidence from a Regression Discontinuity Approach," American Economic Journal: Economic Policy, American Economic Association, vol. 6(4), pages 100-134, November.
    3. Baeyens, K. & Manigart, S., 2006. "Who gets private equity? The role of debt capacity, growth and intangible assets," Vlerick Leuven Gent Management School Working Paper Series 2006-24, Vlerick Leuven Gent Management School.
    4. Susan Coleman & Alicia M. Robb, 2011. "Financing Strategies of New Technology-based Firms," Review of Economics & Finance, Better Advances Press, Canada, vol. 1, pages 01-18, August.
    5. Rohan Chindooroy & Patrice Muller & Giovanni Notaro, 2007. "Company survival following rescue and restructuring State aid," European Journal of Law and Economics, Springer, vol. 24(2), pages 165-186, October.
    6. William R. Kerr & Ramana Nanda, 2014. "Financing Innovation," NBER Working Papers 20676, National Bureau of Economic Research, Inc.
    7. Laura Abrardi & Annalisa Croce & Elisa Ughetto, 2019. "The dynamics of switching between governmental and independent venture capitalists: theory and evidence," Small Business Economics, Springer, vol. 53(1), pages 165-188, June.
    8. Oana Secrieru & Marianne Vigneault, 2004. "Public Venture Capital and Entrepreneurship," Staff Working Papers 04-10, Bank of Canada.
    9. Aschhoff, Birgit, 2009. "Who Gets the Money? The Dynamics of R&D Project Subsidies in Germany," ZEW Discussion Papers 08-018 [rev.], ZEW - Leibniz Centre for European Economic Research.
    10. Martin Kenney & Donald Patton, 2018. "Sub-national technology policy and commerce: evaluating the impacts of the California Institute for Regenerative Medicine," The Journal of Technology Transfer, Springer, vol. 43(1), pages 47-68, February.
    11. José Ángel Zúñiga-Vicente & César Alonso-Borrego & Francisco J. Forcadell & José I. Galán, 2014. "Assessing The Effect Of Public Subsidies On Firm R&D Investment: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 28(1), pages 36-67, February.
    12. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    13. Uwe Cantner & Sarah Kösters, 2012. "Picking the winner? Empirical evidence on the targeting of R&D subsidies to start-ups," Small Business Economics, Springer, vol. 39(4), pages 921-936, November.
    14. John Scott, 2000. "The Directions for Technological Change: Alternative Economic Majorities and Opportunity Costs," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 17(1), pages 1-16, August.
    15. Roger G. Noll, 2003. "Federal R&D in the Antiterrorist Era," NBER Chapters, in: Innovation Policy and the Economy, Volume 3, pages 61-90, National Bureau of Economic Research, Inc.
    16. Robert W. Fairlie & Javier Miranda, 2017. "Taking the Leap: The Determinants of Entrepreneurs Hiring Their First Employee," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(1), pages 3-34, February.
    17. Morten Henningsen & Torbjørn Hægeland & Jarle Møen, 2015. "Estimating the additionality of R&D subsidies using proposal evaluation data to control for research intentions," The Journal of Technology Transfer, Springer, vol. 40(2), pages 227-251, April.
    18. Koki Oikawa, 2015. "R&D in Clean Technology: A Project Choice Model with Learning," Working Papers e093, Tokyo Center for Economic Research.
    19. David B. Audretsch & Albert N. Link & John T. Scott, 2013. "Public/private technology partnerships: evaluating SBIR-supported research," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 5, pages 91-104, Edward Elgar Publishing.
    20. Adam B. Jaffe & Josh Lerner, 1999. "Privatizing R&D: Patent Policy and the Commercialization of National Laboratory Technologies," NBER Working Papers 7064, National Bureau of Economic Research, Inc.
    21. Sanginés, Mario & Prats Cabrera, Joan Oriol & Pimenta, Carlos & García Osío, Gustavo & Martínez Guzman, Juan Pablo & Marcel, Mario & Farias, Pedro & Crespi, Gustavo & Chrisney, Martin D. & Corbacho, A, 2013. "The Fiscal Institutions of Tomorrow," IDB Publications (Books), Inter-American Development Bank, number 460, May.
    22. Zhao, Bo & Ziedonis, Rosemarie, 2020. "State governments as financiers of technology startups: Evidence from Michigan's R&D loan program," Research Policy, Elsevier, vol. 49(4).
    23. Feldman, Maryann P. & Kelley, Maryellen R., 2006. "The ex ante assessment of knowledge spillovers: Government R&D policy, economic incentives and private firm behavior," Research Policy, Elsevier, vol. 35(10), pages 1509-1521, December.
    24. Lööf, Hans & Heshmati, Almas, 2004. "The Impact of Public Funding on Private R&D investment: New Evidence from a Firm Level Innovation Study," Working Paper Series in Economics and Institutions of Innovation 6, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies, revised 01 Mar 2005.
    25. Anna L. Paulson & Robert M. Townsend, 2003. "Distinguishing limited commitment from moral hazard in models of growth with inequality," Working Paper Series WP-03-06, Federal Reserve Bank of Chicago.
    26. Brautzsch, Hans-Ulrich & Günther, Jutta & Loose, Brigitte & Ludwig, Udo & Nulsch, Nicole, 2015. "Can R&D subsidies counteract the economic crisis? – Macroeconomic effects in Germany," Research Policy, Elsevier, vol. 44(3), pages 623-633.
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    44. Dilli, Selin & Elert, Niklas & Herrmann, Andrea M., 2018. "Varieties of Entrepreneurship: Exploring the Institutional Foundations of Different Entrepreneurship Types through ‘Varieties-of-Capitalism’ Arguments," Working Paper Series 1202, Research Institute of Industrial Economics.
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    Cited by:

    1. Allen N. Berger & Gregory F. Udell, 1998. "The economics of small business finance: the roles of private equity and debt markets in the financial growth cycle," Finance and Economics Discussion Series 1998-15, Board of Governors of the Federal Reserve System (U.S.).
    2. Alex Coad, 2007. "Neoclassical vs Evolutionary Theories of Financial Constraints : Critique and Prospectus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00144415, HAL.
    3. Block, Joern & Fisch, Christian & Vismara, Silvio & Andres, René, 2019. "Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 329-352.
    4. Anjos, Fernando & Drexler, Alejandro, 2015. "Inter-company matching and the supply of informed capital," Journal of Economic Behavior & Organization, Elsevier, vol. 111(C), pages 119-136.
    5. Bonini, Stefano & Capizzi, Vincenzo & Valletta, Mario & Zocchi, Paola, 2018. "Angel network affiliation and business angels' investment practices," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 592-608.
    6. Cécile Carpentier & Jean-Marc Suret, 2005. "On the Usefulness of Tax Incentives for Business Angels and SME Owners: An Empirical Analysis," CIRANO Working Papers 2005s-13, CIRANO.
    7. Douglas J. Cumming & Alexander Groh, 2018. "Entrepreneurial finance : Unifying themes and future directions," Post-Print hal-02312152, HAL.
    8. Massimo Colombo & Annalisa Croce & Samuele Murtinu, 2014. "Ownership structure, horizontal agency costs and the performance of high-tech entrepreneurial firms," Small Business Economics, Springer, vol. 42(2), pages 265-282, February.
    9. Jochen Bigus, 2006. "Staging of Venture Financing, Investor Opportunism and Patent Law," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 33(7‐8), pages 939-960, September.
    10. Rin, Marco Da & Hellmann, Thomas & Puri, Manju, 2013. "A Survey of Venture Capital Research," Handbook of the Economics of Finance, in: G.M. Constantinides & M. Harris & R. M. Stulz (ed.), Handbook of the Economics of Finance, volume 2, chapter 0, pages 573-648, Elsevier.
    11. Bronwyn Hall, 2004. "The financing of research and development," Chapters, in: Anthony Bartzokas & Sunil Mani (ed.), Financial Systems, Corporate Investment in Innovation, and Venture Capital, chapter 2, Edward Elgar Publishing.
    12. Muriel Petit-Konczyk, 2003. "Le financement d'une start-up:L'Air Liquide 1898 - 1913," Revue Finance Contrôle Stratégie, revues.org, vol. 6(4), pages 25-58, December.
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    Cited by:

    1. Tian, Xuan, 2011. "The causes and consequences of venture capital stage financing," Journal of Financial Economics, Elsevier, vol. 101(1), pages 132-159, July.
    2. Elisabete Gomes Santana Félix & José Paulo Esperança & Mohamed Azzim Gulamhussen & Cesaltina Pacheco Pires, 2009. "An analysis of the Portuguese venture capital market: partial exits versus total exits," Portuguese Journal of Management Studies, ISEG, Universidade de Lisboa, vol. 0(3), pages 239-258.
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    157. Stuart, Toby E. & Ozdemir, Salih Zeki & Ding, Waverly W., 2007. "Vertical alliance networks: The case of university-biotechnology-pharmaceutical alliance chains," Research Policy, Elsevier, vol. 36(4), pages 477-498, May.
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    164. Simon Wakeman, 2008. "Profiting from technological capabilities: Technology commercialization strategy in a dynamic context," ESMT Research Working Papers ESMT-08-008 (R2), ESMT European School of Management and Technology, revised 06 Aug 2010.
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    See citations under working paper version above.
  93. Jean Lanjouw & Josh Lerner, 1998. "The Enforcement of Intellectual Property Rights: A Survey of the Empirical Literature," Annals of Economics and Statistics, GENES, issue 49-50, pages 223-246.
    See citations under working paper version above.
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    Cited by:

    1. Enrique Schroth & Dezsö Szalay, 2005. "Cash breeds Success: The Role of Financing Constraints in Patent Races," Cahiers de Recherches Economiques du Département d'économie 05.11, Université de Lausanne, Faculté des HEC, Département d’économie.
    2. Roberto Fontana & Lionel Nesta, 2007. "Product entry in a fast growing industry: The LAN switch market," Springer Books, in: Uwe Cantner & Franco Malerba (ed.), Innovation, Industrial Dynamics and Structural Transformation, pages 87-106, Springer.
    3. Gilbert, Richard J, 2007. "Competition and Innovation," Department of Economics, Working Paper Series qt9xh5p5p9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    4. Roy Cerqueti & Daniele Marazzina & Marco Ventura, 2016. "Optimal Investment in Research and Development Under Uncertainty," Journal of Optimization Theory and Applications, Springer, vol. 168(1), pages 296-309, January.
    5. Smrkolj, Grega & Wagener, Florian, 2019. "Research among copycats: R&D, spillovers, and feedback strategies," International Journal of Industrial Organization, Elsevier, vol. 65(C), pages 82-120.
    6. Bloom, Nick & Schankerman, Mark & Van Reenen, John, 2005. "Identifying technology spillovers and product market rivalry," LSE Research Online Documents on Economics 5077, London School of Economics and Political Science, LSE Library.
    7. Narayanan, V.K. & Chen, Tianxu, 2012. "Research on technology standards: Accomplishment and challenges," Research Policy, Elsevier, vol. 41(8), pages 1375-1406.
    8. Alexander Steinmetz, 2008. "Competition, Innovation and the Effect of Knowledge Accumulation," Working Papers 053, Bavarian Graduate Program in Economics (BGPE).
    9. Ronald Goettler & Brett Gordon, 2014. "Competition and product innovation in dynamic oligopoly," Quantitative Marketing and Economics (QME), Springer, vol. 12(1), pages 1-42, March.
    10. Agarwal, Rajshree & Echambadi, Raj & Franco, April M. & Sarkar, M. B., 2002. "Knowledge Transfer through Congenital Learning: Spin-Out Generation, Growth and Survival," Working Papers 02-0101, University of Illinois at Urbana-Champaign, College of Business.
    11. Wang, I. Kim & Seidle, Russell, 2017. "The degree of technological innovation: A demand heterogeneity perspective," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 166-177.
    12. Donna J. Kelley & Mark P. Rice, 2001. "Technology-Based Strategic Actions in New Firms: The Influence of Founding Technology Resources," Entrepreneurship Theory and Practice, , vol. 26(1), pages 55-71, October.
    13. Zizzo, D.J., 2001. "Racing with Uncertainty: A Patent Race Experiment," Economics Series Working Papers 9968, University of Oxford, Department of Economics.
    14. Darren Filson & April Franco, 2000. "Knowledge diffusion through employee mobility," Staff Report 272, Federal Reserve Bank of Minneapolis.
    15. Chen, Yinghui, 2021. "Does political turnover stifle or stimulate corporate innovation?," International Review of Economics & Finance, Elsevier, vol. 76(C), pages 1126-1145.
    16. Haemin Dennis Park & Daniel Tzabbar, 2016. "Venture Capital, CEOs’ Sources of Power, and Innovation Novelty at Different Life Stages of a New Venture," Organization Science, INFORMS, vol. 27(2), pages 336-353, April.
    17. Akcigit, Ufuk & Kerr, William, 2016. "Growth through Heterogeneous Innovations," CEPR Discussion Papers 11660, C.E.P.R. Discussion Papers.
    18. Wang, I. Kim & Qian, Lihong & Lehrer, Mark, 2017. "From technology race to technology marathon: A behavioral explanation of technology advancement," European Management Journal, Elsevier, vol. 35(2), pages 187-197.
    19. Steinmetz, Alexander, 2010. "Competition, innovation, and the effect of knowledge accumulation," W.E.P. - Würzburg Economic Papers 81, University of Würzburg, Department of Economics.
    20. Joshua S. Gans & Scott Stern, 2000. "When Does Funding Research by Smaller Firms Bear Fruit?: Evidence from the SBIR Program," NBER Working Papers 7877, National Bureau of Economic Research, Inc.
    21. Uwe Cantner & Andreas Nicklisch & Torsten Weiland, 2005. "Innovation races: An experimental study on strategic research activities," Papers on Strategic Interaction 2005-14, Max Planck Institute of Economics, Strategic Interaction Group.
    22. Carmen Cotei & Joseph Farhat, 2018. "The M&A exit outcomes of new, young firms," Small Business Economics, Springer, vol. 50(3), pages 545-567, March.
    23. Hyunbae Chun & Sung-Bae Mun, 2014. "Innovative Activities of an Incumbent and a Potential Entrant: An Empirical Exploration of the Role of Uncertainty in Product and Process Innovations," Working Papers 1406, Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy).
    24. Dirk Czarnitzki & Kornelius Kraft, 2010. "Which Firms Buy Licenses? Market Positions and License Expenditures," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(3), pages 471-488, September.
    25. Joel O. Wooten, 2022. "Leaps in innovation and the Bannister effect in contests," Production and Operations Management, Production and Operations Management Society, vol. 31(6), pages 2646-2663, June.
    26. Cohen, Wesley M., 2010. "Fifty Years of Empirical Studies of Innovative Activity and Performance," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 129-213, Elsevier.
    27. Negassi, S., 2004. "R&D co-operation and innovation a microeconometric study on French firms," Research Policy, Elsevier, vol. 33(3), pages 365-384, April.
    28. Ajay Bhaskarabhatla & Enrico Pennings, 2012. "Defensive Disclosure under Antitrust Enforcement," DRUID Working Papers 12-08, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    29. Paul Gompers & Josh Lerner, 2001. "The Venture Capital Revolution," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 145-168, Spring.
    30. Xiao, Sheng & Zhao, Shan, 2012. "Financial development, government ownership of banks and firm innovation," Journal of International Money and Finance, Elsevier, vol. 31(4), pages 880-906.
    31. Joshua S. Gans & David H. Hsu & Scott Stern, 2002. "When Does Start-Up Innovation Spur the Gale of Creative Destruction?," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 571-586, Winter.
    32. Czarnitzki, Dirk & Kraft, Kornelius, 2005. "License Expenditures of Incumbents and Potential Entrants: An Empirical Analysis of Firm Behavior," ZEW Discussion Papers 05-35, ZEW - Leibniz Centre for European Economic Research.
    33. Amrit Tiwana, 2018. "Platform Synergy: Architectural Origins and Competitive Consequences," Information Systems Research, INFORMS, vol. 29(4), pages 829-848, December.
    34. Joshua Lerner, 2002. "Boom and bust in the venture capital industry and the impact on innovation," Economic Review, Federal Reserve Bank of Atlanta, vol. 87(Q4), pages 25-39.
    35. Qi Wang & Huazhong Zhao & Jinhong Xie, 2016. "Intra-Standard Competition: The Joint Impact of an Installed-User Base and a Supporting-Firm Base in Markets with Network Effects," Customer Needs and Solutions, Springer;Institute for Sustainable Innovation and Growth (iSIG), vol. 3(3), pages 159-174, December.
    36. Wang, Pengfei, 2019. "Price space and product demography: Evidence from the workstation industry, 1980–1996," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    37. Koski, Heli, 2008. "Public R&D Funding and Entrepreneurial Innovation," Discussion Papers 1142, The Research Institute of the Finnish Economy.
    38. Meng, Rujing, 2008. "A patent race in a real options setting: Investment strategy, valuation, CAPM beta, and return volatility," Journal of Economic Dynamics and Control, Elsevier, vol. 32(10), pages 3192-3217, October.
    39. Paul Gompers & Josh Lerner, 2003. "Short-Term America Revisited? Boom and Bust in the Venture Capital Industry and the Impact on Innovation," NBER Chapters, in: Innovation Policy and the Economy, Volume 3, pages 1-28, National Bureau of Economic Research, Inc.
    40. Lee, Jeongsik & Kim, Byung-Cheol & Lim, Young-Mo, 2011. "Dynamic competition in technological investments: An empirical examination of the LCD panel industry," International Journal of Industrial Organization, Elsevier, vol. 29(6), pages 718-728.
    41. Ming Piao & Edward J. Zajac, 2016. "How exploitation impedes and impels exploration: Theory and evidence," Strategic Management Journal, Wiley Blackwell, vol. 37(7), pages 1431-1447, July.
    42. Josh Lerner, 2011. "Venture Capital and Innovation in Energy," NBER Chapters, in: Accelerating Energy Innovation: Insights from Multiple Sectors, pages 225-260, National Bureau of Economic Research, Inc.
    43. Uwe Cantner & Werner Güth & Andreas Nicklisch & Torsten Weiland, 2009. "Competition In Product Design: An Experiment Exploring Innovation Behavior," Metroeconomica, Wiley Blackwell, vol. 60(4), pages 724-752, November.
    44. Andrew A. King & Christopher L. Tucci, 2002. "Incumbent Entry into New Market Niches: The Role of Experience and Managerial Choice in the Creation of Dynamic Capabilities," Management Science, INFORMS, vol. 48(2), pages 171-186, February.
    45. Hyunbae Chun & Jung-Wook Kim & Randall Morck, 2013. "Productivity Growth and Stock Returns: Firm- and Aggregate-Level Analyses," NBER Working Papers 19462, National Bureau of Economic Research, Inc.
    46. Kim Wang, 2017. "Technology Deployment By Late Movers," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(04), pages 1-25, May.
    47. Mitsuru Igami & Jai Subrahmanyam, 2019. "Patent Statistics as an Innovation Indicator? Evidence from The Hard Disk Drive Industry," The Japanese Economic Review, Springer, vol. 70(3), pages 308-330, September.
    48. Junwei Ma & Jianhua Wang & Philip Szmedra, 2019. "Sustainable Competitive Position of Mobile Communication Companies: Comprehensive Perspectives of Insiders and Outsiders," Sustainability, MDPI, vol. 11(7), pages 1-15, April.
    49. Kelley, Donna J. & Rice, Mark P., 2002. "Advantage beyond founding: The strategic use of technologies," Journal of Business Venturing, Elsevier, vol. 17(1), pages 41-57, January.
    50. Carroll, Glenn R. & McKendrick, David & Harrison, J. Richard & Teo, Albert C. Y. & Barnett, William P., 2004. "Differentiation, Variation and Selection: Evolutionary Implications of Technical Change among the Worldwide Population of Hard Disk Drive Makers, 1965-1998," Research Papers 1915, Stanford University, Graduate School of Business.
    51. April M. Franco & MB Sarkar & Rajshree Agarwal & Raj Echambadi, 2009. "Swift and Smart: The Moderating Effects of Technological Capabilities on the Market Pioneering-Firm Survival Relationship," Management Science, INFORMS, vol. 55(11), pages 1842-1860, November.
    52. Richard Gilbert, 2006. "Looking for Mr. Schumpeter: Where Are We in the Competition-Innovation Debate?," NBER Chapters, in: Innovation Policy and the Economy, Volume 6, pages 159-215, National Bureau of Economic Research, Inc.
    53. Puay Khoon Toh & Taekyu Kim, 2013. "Why Put All Your Eggs in One Basket? A Competition-Based View of How Technological Uncertainty Affects a Firm’s Technological Specialization," Organization Science, INFORMS, vol. 24(4), pages 1214-1236, August.
    54. Carmen Cotei & Joseph Farhat & Indu Khurana, 2022. "The impact of policy uncertainty on the M&A exit of startup firms," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 46(1), pages 99-120, January.
    55. Christopher S. Ruebeck, 2002. "Interfirm Competition, Intrafirm Cannibalisation and Product Exit in the Market for Computer Hard Disk Drives," The Economic and Social Review, Economic and Social Studies, vol. 33(1), pages 119-131.
    56. Wilfred Amaldoss & Sanjay Jain, 2002. "David vs. Goliath: An Analysis of Asymmetric Mixed-Strategy Games and Experimental Evidence," Management Science, INFORMS, vol. 48(8), pages 972-991, August.
    57. Filson, Darren & Gretz, Richard T., 2004. "Strategic innovation and technology adoption in an evolving industry," Journal of Monetary Economics, Elsevier, vol. 51(1), pages 89-121, January.
    58. Alexander Steinmetz, 2015. "Competition, innovation, and the effect of R&D knowledge," Journal of Economics, Springer, vol. 115(3), pages 199-230, July.
    59. Carroll, Glen R. & Feng, Mi & Le Mens, Gael & McKendrick, David, 2008. "Organizational Evolution with Fuzzy Technological Boundaries: Tape Drive Producers in the World Market, 1951-1998," Research Papers 1994, Stanford University, Graduate School of Business.
    60. Gottinger, Hans-Werner, 2006. "Global technological races," Japan and the World Economy, Elsevier, vol. 18(2), pages 181-193, March.
    61. Hoetker, Glenn & Agarwal, Rajshree, 2005. "Death Hurts, But It Isn't Fatal: The Postexit Diffusion of Knowledge Created by Innovative Companies," Working Papers 05-0100, University of Illinois at Urbana-Champaign, College of Business.
    62. Srinivasan, Raji & Lilien, Gary L. & Rangaswamy, Arvind, 2008. "Survival of high tech firms: The effects of diversity of product–market portfolios, patents, and trademarks," International Journal of Research in Marketing, Elsevier, vol. 25(2), pages 119-128.
    63. Linda R. Cohen & Jun Ishii, 2005. "Competition, Innovation and Racing for Priority at the U.S. Patent and Trademark Office," Working Papers 050604, University of California-Irvine, Department of Economics.
    64. Barnett, William P. & McKendrick, David, 2001. "The Organizational Evolution of Global Technological Competition," Research Papers 1682, Stanford University, Graduate School of Business.
    65. Fontana, Roberto & Vezzulli, Andrea, 2016. "Technological leadership and persistence in product innovation in the Local Area Network industry 1990–1999," Research Policy, Elsevier, vol. 45(8), pages 1604-1619.
    66. Maliranta, Mika, 2002. "From R&D to Productivity Through Micro-Level Restructuring," Discussion Papers 795, The Research Institute of the Finnish Economy.

  95. Gompers, Paul & Lerner, Josh, 1996. "The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements," Journal of Law and Economics, University of Chicago Press, vol. 39(2), pages 463-498, October.

    Cited by:

    1. Ambec, S., 2004. "On the governance of start-ups," Working Papers 200406, Grenoble Applied Economics Laboratory (GAEL).
    2. Allen N. Berger & Gregory F. Udell, 1998. "The economics of small business finance: the roles of private equity and debt markets in the financial growth cycle," Finance and Economics Discussion Series 1998-15, Board of Governors of the Federal Reserve System (U.S.).
    3. Alperovych, Yan & Hübner, Georges & Lobet, Fabrice, 2015. "How does governmental versus private venture capital backing affect a firm's efficiency? Evidence from Belgium," Journal of Business Venturing, Elsevier, vol. 30(4), pages 508-525.
    4. Steven D. Dolvin & Donald J. Mullineaux & Mark K. Pyles, 2006. "The impact of bank venture capital on initial public offerings," Venture Capital, Taylor & Francis Journals, vol. 9(2), pages 145-164, December.
    5. Jens Burchardt & Ulrich Hommel & Dzidziso Samuel Kamuriwo & Carolina Billitteri, 2016. "Venture Capital Contracting in Theory and Practice: Implications for Entrepreneurship Research," Entrepreneurship Theory and Practice, , vol. 40(1), pages 25-48, January.
    6. Salim Chahine & Yan (Anthea) Zhang, 2020. "Change gears before speeding up: The roles of Chief Executive Officer human capital and venture capitalist monitoring in Chief Executive Officer change before initial public offering," Strategic Management Journal, Wiley Blackwell, vol. 41(9), pages 1653-1681, September.
    7. Schmidt, Klaus M., 1999. "Convertible Securities and Venture Capital Finance," CEPR Discussion Papers 2317, C.E.P.R. Discussion Papers.
    8. Ciccotello, Conrad S. & Hornyak, Martin J., 2000. "Cooperation via contract: An analysis of research and development agreements," Journal of Corporate Finance, Elsevier, vol. 6(1), pages 1-24, March.
    9. Masahiko Aoki & Hirokazu Takizawa, 2002. "Understanding the Silicon Valley Phenomena," WIDER Working Paper Series DP2002-11, World Institute for Development Economic Research (UNU-WIDER).
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    2. Silver, Mick, 2000. "Hedonic regressions: an application to VCRs using scanner data," Omega, Elsevier, vol. 28(4), pages 399-408, August.
    3. Lindsey, Robin & West, Douglas S., 2003. "Predatory pricing in differentiated products retail markets," International Journal of Industrial Organization, Elsevier, vol. 21(4), pages 551-592, April.
    4. Bharat A. Jain & Omesh Kini, 2008. "The Impact of Strategic Investment Choices on Post‐Issue Operating Performance and Survival of US IPO Firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 35(3‐4), pages 459-490, April.
    5. Mick Silver & Saeed Heravi, 2003. "The Measurement of Quality-Adjusted Price Changes," NBER Chapters, in: Scanner Data and Price Indexes, pages 277-316, National Bureau of Economic Research, Inc.
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    157. Vincenzo Butticè & Francesca Pietro & Francesca Tenca, 2022. "They do not look alike: what kind of private investors do equity crowdfunded firms attract?," The Journal of Technology Transfer, Springer, vol. 47(6), pages 1707-1736, December.
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    159. Stuart, Toby & Sorenson, Olav, 2003. "The geography of opportunity: spatial heterogeneity in founding rates and the performance of biotechnology firms," Research Policy, Elsevier, vol. 32(2), pages 229-253, February.
    160. Alexander Ljungqvist & Matthew Richardson & Daniel Wolfenzon, 2020. "The investment behavior of buyout funds: Theory and evidence," Financial Management, Financial Management Association International, vol. 49(1), pages 3-32, March.
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    162. Roberta Dessí, 1999. "Financing Entrepreneurs: Optimal Contracts and the Role of Intermediaries," FMG Discussion Papers dp328, Financial Markets Group.
    163. Masulis, Ronald W. & Nahata, Rajarishi, 2009. "Financial contracting with strategic investors: Evidence from corporate venture capital backed IPOs," Journal of Financial Intermediation, Elsevier, vol. 18(4), pages 599-631, October.
    164. Marco Arnone & Umberto Giacometti, 2004. "Crescita, Innovazione Tecnologica e Mercato dei Capitali: il Ruolo del Venture Capital," Finance 0404008, University Library of Munich, Germany.
    165. Wiltbank, Robert & Read, Stuart & Dew, Nicholas & Sarasvathy, Saras D., 2009. "Prediction and control under uncertainty: Outcomes in angel investing," Journal of Business Venturing, Elsevier, vol. 24(2), pages 116-133, March.
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    169. Michala, Dimitra, 2019. "Are private equity backed initial public offerings any different? Timing, information asymmetry and post-IPO survival," Journal of Corporate Finance, Elsevier, vol. 59(C), pages 31-47.
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Chapters

  1. Josh Lerner, 2020. "Government Incentives for Entrepreneurship," NBER Chapters, in: Innovation and Public Policy, pages 213-235, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  2. Steven N. Kaplan & Josh Lerner, 2016. "Venture Capital Data: Opportunities and Challenges," NBER Chapters, in: Measuring Entrepreneurial Businesses: Current Knowledge and Challenges, pages 413-431, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  3. William R. Kerr & Josh Lerner & Scott Stern, 2014. "Introduction to "Innovation Policy and the Economy, Volume 15"," NBER Chapters, in: Innovation Policy and the Economy, Volume 15, National Bureau of Economic Research, Inc.

    Cited by:

    1. Zheng, Liang & Zhao, Zhong, 2017. "What Drives Spatial Clusters of Entrepreneurship in China? Evidence from Economic Census Data," GLO Discussion Paper Series 127, Global Labor Organization (GLO).
    2. Federico S. Mandelman & Mehra dup Mishita & Hewei Shen, 2024. "Skilled Immigration Frictions as a Barrier for Young Firms," FRB Atlanta Working Paper 2024-2, Federal Reserve Bank of Atlanta.
    3. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    4. Ina Ganguli & Jeffrey Lin & Nicholas Reynolds, 2017. "The Paper Trail of Knowledge Spillovers: Evidence from Patent Interferences [REVISED]," Working Papers 17-44, Federal Reserve Bank of Philadelphia.
    5. Christian Rammer & Jan Kinne & Knut Blind, 2020. "Knowledge proximity and firm innovation: A microgeographic analysis for Berlin," Urban Studies, Urban Studies Journal Limited, vol. 57(5), pages 996-1014, April.
    6. Sari Pekkala Kerr & William R. Kerr, 2019. "Immigrant Networking and Collaboration: Survey Evidence from CIC," NBER Chapters, in: The Roles of Immigrants and Foreign Students in US Science, Innovation, and Entrepreneurship, pages 173-205, National Bureau of Economic Research, Inc.
    7. Robert-Nicoud, Frédéric & Kerr, William, 2019. "Tech Clusters," CEPR Discussion Papers 14143, C.E.P.R. Discussion Papers.
    8. Donges, Alexander & Meier, Jean-Marie A. & Silva, Rui C., 2016. "The Impact of Institutions on Innovation," VfS Annual Conference 2016 (Augsburg): Demographic Change 145952, Verein für Socialpolitik / German Economic Association.
    9. Richard J. Arend & Pankaj C. Patel, 2020. "The American Dream, Melting Pot And Regional Knowledge Stock As Drivers Of Entrepreneurial Activity," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 25(01), pages 1-35, March.
    10. John V. Winters, 2017. "Do Native STEM Graduates Increase Innovation? Evidence from U.S. Metropolitan Areas," Economics Working Paper Series 1714, Oklahoma State University, Department of Economics and Legal Studies in Business.
    11. James Wilson & Emily Wise & Madeline Smith, 2022. "Evidencing the benefits of cluster policies: towards a generalised framework of effects," Policy Sciences, Springer;Society of Policy Sciences, vol. 55(2), pages 369-391, June.
    12. Liang Zheng, 2021. "The impact of state-owned enterprises on the employment growth of manufacturing in Chinese cities: Evidence from economic census microdata," Urban Studies, Urban Studies Journal Limited, vol. 58(8), pages 1655-1673, June.
    13. Thomas Kemeny & Taner Osman, 2018. "The Wider Impacts of High-Technology Employment: Evidence from U.S. Cities," Working Papers 89, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    14. Ben Armstrong, 2021. "Industrial Policy and Local Economic Transformation: Evidence From the U.S. Rust Belt," Economic Development Quarterly, , vol. 35(3), pages 181-196, August.
    15. Cristina Carias & Steven Klepper & Rui Baptista, 2023. "Entrepreneurship, the initial labor force, and the location of new firms," Small Business Economics, Springer, vol. 60(3), pages 865-890, March.
    16. Pourya Darnihamedani & Joern Hendrich Block & Jolanda Hessels & Aram Simonyan, 2018. "Taxes, start-up costs, and innovative entrepreneurship," Small Business Economics, Springer, vol. 51(2), pages 355-369, August.
    17. Dan Berglund, 2022. "Toward a More Complete and Nuanced Examination of Ohio and Pennsylvania’s 1980s Technology-Based Economic Development Strategies," Economic Development Quarterly, , vol. 36(1), pages 59-65, February.
    18. Sergio Salles-Filho & Bruno Fischer & Yohanna Juk & Paulo Feitosa & Fernando A. B. Colugnati, 2023. "Acknowledging diversity in knowledge-intensive entrepreneurship: assessing the Brazilian small business innovation research," The Journal of Technology Transfer, Springer, vol. 48(4), pages 1446-1465, August.
    19. Ben Armstrong & Elisabeth B. Reynolds, 2023. "A Middle Model of Economic Development? Revisiting the Economic Geography of Middle-Wage Occupations in the United States," Economic Development Quarterly, , vol. 37(4), pages 349-362, November.
    20. Kemeny, Thomas & Osman, Taner, 2017. "The wider impacts of high-technology employment," LSE Research Online Documents on Economics 101854, London School of Economics and Political Science, LSE Library.
    21. Pu Liu & Yingying Shao, 2022. "Innovation and new business formation: the role of innovative large firms," Small Business Economics, Springer, vol. 59(2), pages 691-720, August.

  4. Josh Lerner & Scott Stern, 2013. "Introduction to "Innovation Policy and the Economy, Volume 14"," NBER Chapters, in: Innovation Policy and the Economy, Volume 14, National Bureau of Economic Research, Inc.

    Cited by:

    1. Robert-Nicoud, Frédéric & Kerr, William, 2019. "Tech Clusters," CEPR Discussion Papers 14143, C.E.P.R. Discussion Papers.
    2. Paul Hünermund & Dirk Czarnitzki, 2016. "Estimating the local average treatment effect of R&D subsidies in a pan-European program," Working Papers of Department of Management, Strategy and Innovation, Leuven 541177, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    3. Nachiket Bhawe & Shaker A. Zahra & Chen Chao & Garry D. Bruton, 2021. "Protectionist policies and diversity of entrepreneurial types," Small Business Economics, Springer, vol. 56(2), pages 789-807, February.
    4. Ron Crawford, 2021. "Focused innovation policy: Lessons from international experience," Working Papers 2021/03, New Zealand Productivity Commission.

  5. Josh Lerner, 2013. "The Boulevard of Broken Dreams: Industrial Policy and Entrepreneurship," International Economic Association Series, in: Joseph E. Stiglitz & Justin Yifu Lin (ed.), The Industrial Policy Revolution I, chapter 2, pages 118-135, Palgrave Macmillan.

    Cited by:

    1. Mucha-Leszko, Bogumiła, 2016. "Causes and Consequences of Deindustrialization in the Euro Area," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 16(31), pages 1-13, December.

  6. Josh Lerner, 2012. "The Boulevard of Broken Dreams: Innovation Policy and Entrepreneurship," NBER Chapters, in: Innovation Policy and the Economy, Volume 13, pages 61-81, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  7. Josh Lerner & Scott Stern, 2012. "Introduction to "Innovation Policy and the Economy, Volume 12"," NBER Chapters, in: Innovation Policy and the Economy, Volume 12, National Bureau of Economic Research, Inc.

    Cited by:

    1. Dindaroğlu, Burak, 2014. "Scientific Labor Mobility, Market Value, and Knowledge Flows," MPRA Paper 88043, University Library of Munich, Germany.
    2. Pierre Lortie, 2019. "Nurturing Global Growth Companies: Time For A New Policy Toolkit," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 12(27), September.

  8. Pierre Azoulay & Josh Lerner, 2012. "Technological Innovation and Organizations [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.

    Cited by:

    1. Josh Lerner, 2020. "Government Incentives for Entrepreneurship," NBER Chapters, in: Innovation and Public Policy, pages 213-235, National Bureau of Economic Research, Inc.

  9. Josh Lerner, 2011. "Venture Capital and Innovation in Energy," NBER Chapters, in: Accelerating Energy Innovation: Insights from Multiple Sectors, pages 225-260, National Bureau of Economic Research, Inc.

    Cited by:

    1. Robert K. Perrons & Adam B. Jaffe & Trinh Le, 2020. "Tracing the Linkages Between Scientific Research and Energy Innovations: A Comparison of Clean and Dirty Technologies," NBER Working Papers 27777, National Bureau of Economic Research, Inc.
    2. Criscuolo, Chiara & Menon, Carlo, 2015. "Environmental policies and risk finance in the green sector: Cross-country evidence," Energy Policy, Elsevier, vol. 83(C), pages 38-56.
    3. LOBOV, Daniil & RYBIN, Mikhail, 2021. "Openness To External Innovation In Major Oil And Gas Companies," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(1), pages 47-66.
    4. Malen, Joel & Marcus, Alfred A., 2017. "Promoting clean energy technology entrepreneurship: The role of external context," Energy Policy, Elsevier, vol. 102(C), pages 7-15.
    5. David Popp & Jacquelyn Pless & Ivan Haščič & Nick Johnstone, 2020. "Innovation and Entrepreneurship in the Energy Sector," NBER Working Papers 27145, National Bureau of Economic Research, Inc.
    6. Anna Gervasoni & Cristina De Silva & Michele Lertora & Andrea Odille Bosio, 2022. "Venture Capital for the development of smart cities: the Italian case," LIUC Papers in Economics 2022-13, Cattaneo University (LIUC).

  10. Josh Lerner & Scott Stern, 2011. "Introduction to "The Rate and Direction of Inventive Activity Revisited"," NBER Chapters, in: The Rate and Direction of Inventive Activity Revisited, pages 1-23, National Bureau of Economic Research, Inc.

    Cited by:

    1. Pythagoras Petratos, 2015. "Infrastructure and Financial Innovation," Economic Affairs, Wiley Blackwell, vol. 35(3), pages 471-478, October.

  11. Josh Lerner & Peter Tufano, 2011. "The Consequences of Financial Innovation: A Counterfactual Research Agenda," NBER Chapters, in: The Rate and Direction of Inventive Activity Revisited, pages 523-575, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  12. Henry Chen & Paul Gompers & Anna Kovner & Josh Lerner, 2010. "Buy Local? The Geography of Venture Capital," NBER Chapters, in: Cities and Entrepreneurship, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  13. Hall, Bronwyn H. & Lerner, Josh, 2010. "The Financing of R&D and Innovation," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 609-639, Elsevier.
    See citations under working paper version above.
  14. Josh Lerner & Antoinette Schoar, 2010. "Introduction to "International Differences in Entrepreneurship"," NBER Chapters, in: International Differences in Entrepreneurship, pages 1-13, National Bureau of Economic Research, Inc.

    Cited by:

    1. Francesco Quatraro & Marco Vivarelli, 2015. "Drivers of entrepreneurship and post-entry performance of newborn firms in developing countries," Post-Print hal-01071511, HAL.
    2. Quatraro, Francesco & Vivarelli, Marco, 2013. "Entrepreneurship In A Developing Country Context," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201314, University of Turin.
    3. Chi Huu Nguyen & Christophe Jalil Nordman, 2017. "Household Entrepreneurship and Social Networks: Panel Data Evidence from Vietnam," Post-Print hal-03616432, HAL.
    4. Tommaso Ciarli & Chiara Kofol & Carlo Menon, 2015. "Business as Unusual. An Explanation of the Increase of Private Economic Activity in High-Conflict Areas in Afghanistan," SERC Discussion Papers 0182, Centre for Economic Performance, LSE.
    5. Gil Avnimelech & Yaron Zelekha, 2023. "Religion and the gender gap in entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 629-665, June.
    6. Mingzhi Hu & Xiaoshuang Li, 2022. "The reasons that younger homeowners are less likely to become entrepreneurs: The role of capital constraints," Journal of Regional Economics, Anser Press, vol. 1(1), pages 68-82, December.
    7. Jay Joseph & John E. Katsos & Mariam Daher, 2021. "Local Business, Local Peace? Intergroup and Economic Dynamics," Journal of Business Ethics, Springer, vol. 173(4), pages 835-854, November.
    8. Bengtsson, Ola & Hsu, David H., 2013. "Ethnic Matching in the U.S. Venture Capital Market," Knut Wicksell Working Paper Series 2013/8, Lund University, Knut Wicksell Centre for Financial Studies.
    9. Henrekson, Magnus & Sanandaji, Tino, 2014. "Superentrepreneurship and Global Imbalances: Closing Europe's Gap to Other Industrialized Regions," Working Paper Series 1049, Research Institute of Industrial Economics, revised 03 Aug 2015.
    10. Nathan Fiala, 2013. "Skills in the Marketplace: Individual Characteristics and Bargaining Ability in a Field-Based Experiment," Discussion Papers of DIW Berlin 1326, DIW Berlin, German Institute for Economic Research.
    11. Simon Johnson & James Kwak, 2012. "Is Financial Innovation Good for the Economy?," Innovation Policy and the Economy, University of Chicago Press, vol. 12(1), pages 1-16.
    12. Ramesh Kumar Chaturvedi, 2022. "Enhancing the productive engagement of COVID-19-driven workers’ exodus through micro-entrepreneurship: accentuated role of de-globalization and local innovations," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 385-394, December.
    13. Bat Batjargal, 2013. "Institutional Polycentrism, Entrepreneurs??? Social Networks, And New Venture Growth," William Davidson Institute Working Papers Series wp1060, William Davidson Institute at the University of Michigan.
    14. Harinder Kohli & Ashok Sharma & Anil Sood (ed.), 2011. "Asia 2050: Realizing the Asian Century," Books, Emerging Markets Forum, edition 1, number asia2050, November.
    15. Francesco Quatraro & Marco Vivarelli, 2013. "Entry and Post-Entry Dynamics in Developing Countries," GREDEG Working Papers 2013-20, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    16. Vivarelli, Marco, 2012. "Drivers of entrepreneurship and post-entry performance : microeconomic evidence from advanced and developing countries," Policy Research Working Paper Series 6245, The World Bank.
    17. Vivarelli, Marco, 2012. "Entrepreneurship in Advanced and Developing Countries: A Microeconomic Perspective," IZA Discussion Papers 6513, Institute of Labor Economics (IZA).

  15. Josh Lerner & Scott Stern, 2009. "Introduction to "Innovation Policy and the Economy, Volume 9"," NBER Chapters, in: Innovation Policy and the Economy, Volume 9, pages -4, National Bureau of Economic Research, Inc.

    Cited by:

    1. Rachel Griffith & Helen Miller, 2011. "Innovation in China: the rise of Chinese inventors in the production of knowledge," IFS Working Papers W11/15, Institute for Fiscal Studies.

  16. Josh Lerner & Jean Tirole, 2008. "Public Policy toward Patent Pools," NBER Chapters, in: Innovation Policy and the Economy, Volume 8, pages 157-186, National Bureau of Economic Research, Inc.

    Cited by:

    1. Bruno Versaevel, 2012. "Patent Pools and Dynamic R&D Incentives," Post-Print halshs-00755661, HAL.
    2. Stefano Comino & Fabio Maria Manenti, 2015. "Intellectual Property and Innovation in Information and Communication Technology (ICT)," JRC Research Reports JRC97541, Joint Research Centre.
    3. Yuzhe Zhang & Matthew Mitchell, 2013. "Shared Rights and Technological Progress," 2013 Meeting Papers 678, Society for Economic Dynamics.
    4. Matthew Mitchell & Yuzhe Zhang, 2015. "Shared Patent Rights And Technological Progress," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(1), pages 95-132, February.
    5. Weyl, E. Glen, 2008. "Monopolies in Two-Sided Markets: Comparative Statics and Identification," Department of Economics, Working Paper Series qt69c9c56z, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    6. SHIMBO Tomoyuki & NAGAOKA Sadao & TSUKADA Naotoshi, 2015. "Dynamic Effects of Patent Pools: Evidence from inter-generational competition in optical disk industry," Discussion papers 15132, Research Institute of Economy, Trade and Industry (RIETI).
    7. Stefano Comino & Fabio M. Manenti & NIkolaus Thumm, 2017. "The Role of Patents in Information and Communication Technologies (ICTs). A survey of the Literature," "Marco Fanno" Working Papers 0212, Dipartimento di Scienze Economiche "Marco Fanno".

  17. Paul Gompers & Anna Kovner & Josh Lerner, 2007. "Specialization and Success: Evidence from Venture Capital," NBER Chapters, in: Entrepreneurship: Strategy and Structure, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  18. Adam B. Jaffe & Josh Lerner & Scott Stern & Marie C. Thursby, 2007. "Academic Science and Entrepreneurship: Dual Engines of Growth?," NBER Chapters, in: Academic Science and Entrepreneurship: Dual Engines of Growth, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  19. Adam B. Jaffe & Josh Lerner, 2006. "Innovation and its Discontents," NBER Chapters, in: Innovation Policy and the Economy, Volume 6, pages 27-66, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  20. Adam B. Jaffe & Josh Lerner & Scott Stern, 2006. "Introduction to "Innovation Policy and the Economy, Volume 6"," NBER Chapters, in: Innovation Policy and the Economy, Volume 6, pages -5, National Bureau of Economic Research, Inc.

    Cited by:

    1. Vidita Choudhry & Todd A. Ponzio, 2020. "Modernizing federal technology transfer metrics," The Journal of Technology Transfer, Springer, vol. 45(2), pages 544-559, April.

  21. Josh Lerner, 2005. "The University and the Start-Up: Lessons from the Past Two Decades," Springer Books, in: Albert N. Link & F. M. Scherer (ed.), Essays in Honor of Edwin Mansfield, pages 209-216, Springer.
    See citations under working paper version above.
  22. Adam B. Jaffe & Josh Lerner & Scott Stern, 2004. "Introduction to "Innovation Policy and the Economy, Volume 4"," NBER Chapters, in: Innovation Policy and the Economy, Volume 4, pages -5, National Bureau of Economic Research, Inc.

    Cited by:

    1. Mohamed Ghali & Maha Ben Jaballah & Nejla Ben Arfa & Annie Sigwalt, 2022. "Analysis of factors that influence adoption of agroecological practices in viticulture," Review of Agricultural, Food and Environmental Studies, Springer, vol. 103(3), pages 179-209, September.
    2. Shuai Shao & Zhigao Hu & Jianhua Cao & Lili Yang & Dabo Guan, 2020. "Environmental Regulation and Enterprise Innovation: A Review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1465-1478, March.
    3. Magdalena Marczewska, 2014. "The Role of Competitors and Customers in the Development of Environmentally Sound Technologies," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 10(2), pages 39-61.
    4. Cameron Hepburn & Jacquelyn Pless & David Popp, 2018. "Policy Brief—Encouraging Innovation that Protects Environmental Systems: Five Policy Proposals," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 154-169.

  23. Adam B. Jaffe & Josh Lerner & Scott Stern, 2003. "Introduction to "Innovation Policy and the Economy, Volume 3"," NBER Chapters, in: Innovation Policy and the Economy, Volume 3, pages -3, National Bureau of Economic Research, Inc.

    Cited by:

    1. Gilbert, Richard J, 2007. "Competition and Innovation," Department of Economics, Working Paper Series qt9xh5p5p9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    2. Andrew T. Young & Matthew J. Higgins & Donald J. Lacombe & Briana Sell, 2014. "The Direct and Indirect Effects of Small Business Administration Lending on Growth: Evidence from U.S. County-Level Data," NBER Working Papers 20543, National Bureau of Economic Research, Inc.
    3. Zhiyi Qiu & Rong Chen & Ye Yang, 2021. "Going Abroad, Friends on Board: Cross-Border Venture Capital and Syndication Strategy in China," SAGE Open, , vol. 11(2), pages 21582440211, April.
    4. Engberg, Erik & Halvarsson, Daniel & Tingvall, Patrik, 2017. "Direct and Indirect Effects of Private- and Government Sponsored Venture Capital," Ratio Working Papers 288, The Ratio Institute.
    5. Matthew J. Higgins & Donald J. Lacombe & Briana S. Stenard & Andrew T. Young, 2021. "Evaluating the effects of Small Business Administration lending on growth," Small Business Economics, Springer, vol. 57(1), pages 23-45, June.

  24. Paul Gompers & Josh Lerner, 2003. "Short-Term America Revisited? Boom and Bust in the Venture Capital Industry and the Impact on Innovation," NBER Chapters, in: Innovation Policy and the Economy, Volume 3, pages 1-28, National Bureau of Economic Research, Inc.

    Cited by:

    1. Runhui Lin & Ya Li & Tao Peng & Hongjuan Zhang, 2017. "Venture capital reputation and portfolio firm performance in an emerging economy: The moderating effect of institutions," Asia Pacific Journal of Management, Springer, vol. 34(3), pages 699-723, September.
    2. Andrew T. Young & Matthew J. Higgins & Donald J. Lacombe & Briana Sell, 2014. "The Direct and Indirect Effects of Small Business Administration Lending on Growth: Evidence from U.S. County-Level Data," NBER Working Papers 20543, National Bureau of Economic Research, Inc.
    3. Erik Engberg & Patrik Gustavsson Tingvall & Daniel Halvarsson, 2021. "Direct and indirect effects of private- and government-sponsored venture capital," Empirical Economics, Springer, vol. 60(2), pages 701-735, February.
    4. Zhiyi Qiu & Rong Chen & Ye Yang, 2021. "Going Abroad, Friends on Board: Cross-Border Venture Capital and Syndication Strategy in China," SAGE Open, , vol. 11(2), pages 21582440211, April.
    5. Kapoor, Rahul & Klueter, Thomas, 2020. "Progress and setbacks: The two faces of technology emergence," Research Policy, Elsevier, vol. 49(1).
    6. Engberg, Erik & Halvarsson, Daniel & Tingvall, Patrik, 2017. "Direct and Indirect Effects of Private- and Government Sponsored Venture Capital," Ratio Working Papers 288, The Ratio Institute.
    7. Balboa, Marina & Marti, Jose, 2007. "Factors that determine the reputation of private equity managers in developing markets," Journal of Business Venturing, Elsevier, vol. 22(4), pages 453-480, July.
    8. Jianjun Xu & Lijie Yu & Rakesh Gupta, 2020. "Evaluating the Performance of the Government Venture Capital Guiding Fund Using the Intuitionistic Fuzzy Analytic Hierarchy Process," Sustainability, MDPI, vol. 12(17), pages 1-24, August.
    9. Matthew J. Higgins & Donald J. Lacombe & Briana S. Stenard & Andrew T. Young, 2021. "Evaluating the effects of Small Business Administration lending on growth," Small Business Economics, Springer, vol. 57(1), pages 23-45, June.
    10. Bouis, Romain, 2003. "IPOs cycle and investment in high-tech industries," CFS Working Paper Series 2003/47, Center for Financial Studies (CFS).

  25. Josh Lerner & Raghuram Rajan, 2002. "NBER Conference on Corporate Alliances," NBER Chapters, in: Corporate Alliances, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  26. Adam B. Jaffe & Josh Lerner & Scott Stern, 2001. "Introduction to "Innovation Policy and the Economy, Volume 1"," NBER Chapters, in: Innovation Policy and the Economy, Volume 1, pages -5, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ottaviano, Gianmarco & Campo, Francesco & Mendola, Mariapia & Morrison, Andrea, 2020. "Immigrant Inventors and Diversity in the Age of Mass Migration," CEPR Discussion Papers 14916, C.E.P.R. Discussion Papers.
    2. Bleier, Alexander & Goldfarb, Avi & Tucker, Catherine, 2020. "Consumer privacy and the future of data-based innovation and marketing," International Journal of Research in Marketing, Elsevier, vol. 37(3), pages 466-480.
    3. Bradley, Wendy A. & Kolev, Julian, 2023. "How does digital piracy affect innovation? Evidence from software firms," Research Policy, Elsevier, vol. 52(3).

  27. Paul Gompers & Josh Lerner, 2000. "The Determinants of Corporate Venture Capital Success: Organizational Structure, Incentives, and Complementarities," NBER Chapters, in: Concentrated Corporate Ownership, pages 17-54, National Bureau of Economic Research, Inc.
    See citations under working paper version above.

Books

  1. Michael J. Andrews & Aaron Chatterji & Josh Lerner & Scott Stern, 2022. "The Role of Innovation and Entrepreneurship in Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number chat-1, July.

    Cited by:

    1. Klapkiv Lyubov & Ulgen Faruk, 2022. "An Evolutionary Perspective on the Endogenous Instability of Capitalist Dynamics," Central European Economic Journal, Sciendo, vol. 9(56), pages 291-308, January.
    2. Matthias van den Heuvel & David Popp, 2022. "The Role of Venture Capital and Governments in Clean Energy: Lessons from the First Cleantech Bubble," CESifo Working Paper Series 9684, CESifo.
    3. Xia Pan & Yuning Gao & Dong Guo & Wenyin Cheng, 2020. "Does Higher Education Promote Firm Innovation in China?," Sustainability, MDPI, vol. 12(18), pages 1-14, September.
    4. Deniz Tunçalp & Nihan Yıldırım, 2022. "Sustainable Entrepreneurship: Mapping the Business Landscape for the Last 20 Years," Sustainability, MDPI, vol. 14(7), pages 1-21, March.

  2. Michael J. Andrews & Aaron Chatterji & Lerner, Josh & Stern, Scott (ed.), 2022. "The Role of Innovation and Entrepreneurship in Economic Growth," National Bureau of Economic Research Books, University of Chicago Press, number 9780226810782, November.

    Cited by:

    1. Klapkiv Lyubov & Ulgen Faruk, 2022. "An Evolutionary Perspective on the Endogenous Instability of Capitalist Dynamics," Central European Economic Journal, Sciendo, vol. 9(56), pages 291-308, January.

  3. Josh Lerner & Scott Stern, 2018. "Innovation Policy and the Economy, Volume 19," NBER Books, National Bureau of Economic Research, Inc, number lern-12, July.

    Cited by:

    1. David Autor & David Dorn & Gordon H. Hanson & Gary Pisano & Pian Shu, 2016. "Foreign Competition and Domestic Innovation: Evidence from U.S. Patents," NBER Working Papers 22879, National Bureau of Economic Research, Inc.
    2. Britta Glennon, 2020. "How Do Restrictions on High-Skilled Immigration Affect Offshoring? Evidence from the H-1B Program," NBER Working Papers 27538, National Bureau of Economic Research, Inc.

  4. Josh Lerner & Scott Stern, 2016. "Innovation Policy and the Economy, Volume 16," NBER Books, National Bureau of Economic Research, Inc, number lern15-1, July.

    Cited by:

    1. Albert Bravo-Biosca, 2020. "Experimental Innovation Policy," Innovation Policy and the Economy, University of Chicago Press, vol. 20(1), pages 191-232.
    2. Ajay K. Agrawal & Joshua S. Gans & Avi Goldfarb, 2018. "Economic Policy for Artificial Intelligence," NBER Working Papers 24690, National Bureau of Economic Research, Inc.

  5. William R. Kerr & Josh Lerner & Scott Stern, 2015. "Innovation Policy and the Economy, Volume 15," NBER Books, National Bureau of Economic Research, Inc, number kerr14-1, July.

    Cited by:

    1. de la Croix, David & Docquier, Frédéric & Fabre, Alice & Stelter, Robert, 2022. "The Academic Market and the Rise of Universities in Medieval and Early Modern Europe (1000-1800)," Working papers 2022/04, Faculty of Business and Economics - University of Basel.
    2. Sari Pekkala Kerr & William R. Kerr, 2016. "Immigrant Entrepreneurship," CESifo Working Paper Series 6197, CESifo.
    3. Olena Ivus & Alireza Naghavi & Larry D. Qiu, 2019. "Migration and Imitation," Development Working Papers 457, Centro Studi Luca d'Agliano, University of Milano.
      • Olena Ivus & Alireza Naghavi & Larry D. Qiu, 2023. "Migration and Imitation," Economica, London School of Economics and Political Science, vol. 90(357), pages 212-239, January.
    4. Amuedo-Dorantes, Catalina & Furtado, Delia & Xu, Huanan, 2018. "Did OPT Policy Changes Help Steer and Retain Foreign Talent into Stem?," IZA Discussion Papers 11548, Institute of Labor Economics (IZA).
    5. Amuedo-Dorantes, Catalina & Furtado, Delia & Xu, Huanan, 2019. "OPT policy changes and foreign born STEM talent in the U.S," Labour Economics, Elsevier, vol. 61(C).

  6. Josh Lerner & Scott Stern, 2014. "Innovation Policy and the Economy, Volume 14," NBER Books, National Bureau of Economic Research, Inc, number lern13-1, July.

    Cited by:

    1. Sari Pekkala Kerr & William R. Kerr, 2019. "Immigrant Networking and Collaboration: Survey Evidence from CIC," NBER Chapters, in: The Roles of Immigrants and Foreign Students in US Science, Innovation, and Entrepreneurship, pages 173-205, National Bureau of Economic Research, Inc.
    2. Carlino, Gerald & Kerr, William R., 2015. "Agglomeration and innovation," Bank of Finland Research Discussion Papers 27/2015, Bank of Finland.
    3. Dorine CORNET & Jean BONNET & Sébastien BOURDIN, 2022. "Digital Entrepreneurship Indicator (DEI): An Analysis of the Case of the Greater Paris Metropolitan Area," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 2022-03, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
    4. Dalton, John & Leung, Tin Cheuk, 2013. "Strategic Decision-Making in Hollywood Release Gaps," MPRA Paper 52439, University Library of Munich, Germany.
    5. Wiegmann, Paul Moritz & Eggers, Felix & de Vries, Henk J. & Blind, Knut, 2022. "Competing Standard-Setting Organizations: A Choice Experiment," Research Policy, Elsevier, vol. 51(2).
    6. Sari Pekkala Kerr & William R. Kerr & Tina Xu, 2017. "Personality Traits of Entrepreneurs: A Review of Recent Literature," NBER Working Papers 24097, National Bureau of Economic Research, Inc.
    7. Brett Danaher & Samita Dhanasobhon & Michael D. Smith & Rahul Telang, 2013. "Understanding Media Markets in the Digital Age: Economics and Methodology," NBER Working Papers 19634, National Bureau of Economic Research, Inc.
    8. Jin-Hyuk Kim & Frank Stähler, 2020. "The Impact of Peer-to-Peer Lending on Small Business Loans," CESifo Working Paper Series 8268, CESifo.
    9. Marc Bourreau & Marianne Lumeau & Francois Moreau & Jordana Viotto da Cruz, 2019. "Recent or Free? An Experimental Study of the Motivations for Pirating Movies," CESifo Working Paper Series 8036, CESifo.
    10. Levent Bulut, 2015. "Google Trends and Forecasting Performance of Exchange Rate Models," IPEK Working Papers 1505, Ipek University, Department of Economics.

  7. Josh Lerner & Scott Stern, 2013. "Innovation Policy and the Economy, Volume 13," NBER Books, National Bureau of Economic Research, Inc, number lern12-1, July.

    Cited by:

    1. Robert-Nicoud, Frédéric & Kerr, William, 2019. "Tech Clusters," CEPR Discussion Papers 14143, C.E.P.R. Discussion Papers.
    2. Paul Hünermund & Dirk Czarnitzki, 2016. "Estimating the local average treatment effect of R&D subsidies in a pan-European program," Working Papers of Department of Management, Strategy and Innovation, Leuven 541177, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    3. Nachiket Bhawe & Shaker A. Zahra & Chen Chao & Garry D. Bruton, 2021. "Protectionist policies and diversity of entrepreneurial types," Small Business Economics, Springer, vol. 56(2), pages 789-807, February.
    4. Ron Crawford, 2021. "Focused innovation policy: Lessons from international experience," Working Papers 2021/03, New Zealand Productivity Commission.

  8. Lerner, Josh & Stern, Scott (ed.), 2012. "The Rate and Direction of Inventive Activity Revisited," National Bureau of Economic Research Books, University of Chicago Press, number 9780226473031, November.

    Cited by:

    1. Fletcher, Joshua & Howard, Eric & Link, Albert & O'Connor, Alan, 2022. "Knowledge-Based Information and the Effectiveness of R&D in Small Firms," UNCG Economics Working Papers 22-2, University of North Carolina at Greensboro, Department of Economics.
    2. Wright, Nataliya Langburd & Nagle, Frank & Greenstein, Shane, 2023. "Open source software and global entrepreneurship," Research Policy, Elsevier, vol. 52(9).

  9. Josh Lerner, 2012. "Boulevard of Broken Dreams:Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed--and What to Do About It," Economics Books, Princeton University Press, edition 1, number 8984.

    Cited by:

    1. Jianhong Zhang & Désirée Gorp & Henk Kievit, 2023. "Digital technology and national entrepreneurship: An ecosystem perspective," The Journal of Technology Transfer, Springer, vol. 48(3), pages 1077-1105, June.
    2. Olga Romanova & Yevgeniy Starikov, 2015. "Changes in the Vector of Industrial Policy and Possibilities for Innovative Development of the Industrial Regions," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 322-333.
    3. Chen, Jun & Ewens, Michael, 2021. "Venture Capitalists' Access to Finance and Its Impact on Startups," SocArXiv 8tpux, Center for Open Science.
    4. Daron Acemoglu & Ufuk Akcigit & Nicholas Bloom & William R. Kerr, 2013. "Innovation, Reallocation and Growth," CEP Discussion Papers dp1216, Centre for Economic Performance, LSE.
    5. Brian J. Bergman & Jeffery S. McMullen, 2022. "Helping Entrepreneurs Help Themselves: A Review and Relational Research Agenda on Entrepreneurial Support Organizations," Entrepreneurship Theory and Practice, , vol. 46(3), pages 688-728, May.
    6. Isaac Kofi Biney, 2023. "Adult education and entrepreneurship: getting young adults involved," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-27, December.
    7. Romanova, O. A. & Starikov, E. N., 2015. "Changes in the vector of industrial policy and possibilities for the innovative development of the industrial regions," R-Economy, Ural Federal University, Graduate School of Economics and Management, vol. 1(3), pages 431-440.
    8. J. Leendertse & M.T. Schrijvers & F.C. Stam, 2020. "Measure twice, cut once: entrepreneurial ecosystem metrics," Working Papers 2001, Utrecht School of Economics.
    9. Pierre Azoulay & Benjamin Jones & J. Daniel Kim & Javier Miranda, 2018. "Age and High-Growth Entrepreneurship," NBER Working Papers 24489, National Bureau of Economic Research, Inc.
    10. Inés Butler & Gabriela Galassi & Hernán Ruffo, 2016. "Public funding for startups in Argentina: an impact evaluation," Small Business Economics, Springer, vol. 46(2), pages 295-309, February.
    11. Pierre Lortie, 2019. "Nurturing Global Growth Companies: Time For A New Policy Toolkit," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 12(27), September.
    12. Benjamin Balsmeier & Lee Fleming & Matt Marx & Seungryul Ryan Shin, 2020. "Skilled Human Capital and High-Growth Entrepreneurship: Evidence from Inventor Inflows," NBER Working Papers 27605, National Bureau of Economic Research, Inc.
    13. Marco Gazel & Armin Schwienbacher, 2021. "Entrepreneurial fintech clusters," Small Business Economics, Springer, vol. 57(2), pages 883-903, August.
    14. Maha Aly & David B. Audretsch & Heike Grimm, 2021. "Emotional skills for entrepreneurial success: the promise of entrepreneurship education and policy," The Journal of Technology Transfer, Springer, vol. 46(5), pages 1611-1629, October.
    15. Jeaneth Johansson & Malin Malmström & Joakim Wincent & Vinit Parida, 2021. "How individual cognitions overshadow regulations and group norms: a study of government venture capital decisions," Small Business Economics, Springer, vol. 56(2), pages 857-876, February.
    16. CREHAN Patrick, 2020. "Reflections on a Revision of the Definition of the EU SME," JRC Research Reports JRC123296, Joint Research Centre.
    17. Cai, Kelly & Zhu, Hui, 2020. "Does going public in the U.S. facilitate corporate innovation of foreign firms?," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    18. David B. Audretsch & Petra Moog, 2022. "Democracy and Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 46(2), pages 368-392, March.
    19. Gambardella, Alfonso & Camuffo, Arnaldo & Spina, Chiara, 2020. "Small Changes with Big Impact: Experimental Evidence of a Scientific Approach to the Decision-Making of Entrepreneurial Firms," CEPR Discussion Papers 14909, C.E.P.R. Discussion Papers.

  10. Lerner, Josh, 2012. "The Architecture of Innovation: The Economics of Creative Organizations," OUP Catalogue, Oxford University Press, number 9780199639892.

    Cited by:

    1. William R. Kerr & Ramana Nanda, 2014. "Financing Innovation," NBER Working Papers 20676, National Bureau of Economic Research, Inc.
    2. Ramzi Benkraiem & Sabri Boubaker & Souad Brinette & Sabrina Khemiri, 2021. "Board feminization and innovation through corporate venture capital investments: the moderating effects of independence and management skills," Post-Print hal-03018707, HAL.
    3. Schrape, Jan-Felix, 2017. "Open source projects as incubators of innovation: From niche phenomenon to integral part of the software industry," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2017-03, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    4. Soh Young In & Ashby H. B. Monk & Janelle Knox-Hayes, 2020. "Financing Energy Innovation: The Need for New Intermediaries in Clean Energy," Sustainability, MDPI, vol. 12(24), pages 1-25, December.
    5. William R. Kerr & Ramana Nanda & Matthew Rhodes-Kropf, 2014. "Entrepreneurship as Experimentation," Journal of Economic Perspectives, American Economic Association, vol. 28(3), pages 25-48, Summer.
    6. Sunny Sun & Xiaoming Yang & Weiwen Li, 2014. "Variance-enhancing corporate entrepreneurship under deregulation: An option portfolio approach," Asia Pacific Journal of Management, Springer, vol. 31(3), pages 733-761, September.
    7. Benkraiem, Ramzi & Dubocage, Emmanuelle & Lelong, Yann & Shuwaikh, Fatima, 2023. "The effects of environmental performance and green innovation on corporate venture capital," Ecological Economics, Elsevier, vol. 210(C).
    8. Josh Lerner & Greg Rafert, 2015. "Lost in the Clouds: The Impact of Changing Property Rights on Investment in Cloud Computing Ventures," NBER Working Papers 21140, National Bureau of Economic Research, Inc.
    9. Mao, Yifei, 2021. "Managing innovation: The role of collateral," Journal of Accounting and Economics, Elsevier, vol. 72(1).
    10. Sun, Sunny Li & Chen, Victor Z. & Sunny, Sanwar A. & Chen, Jie, 2019. "Venture capital as an innovation ecosystem engineer in an emerging market," International Business Review, Elsevier, vol. 28(5), pages 1-1.
    11. Josh Lerner & Ramana Nanda, 2020. "Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn," NBER Working Papers 27492, National Bureau of Economic Research, Inc.
    12. Jia Xiang, 2018. "Does the environmental campaign in China enhance or impede firm innovation?," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 8(4), pages 1-1.
    13. Onur Bayar & Thomas J. Chemmanur & Mark H. Liu, "undated". "How to Motivate Fundamental Innovation: Subsidies versus Prizes and the Role of Venture Capital," Working Papers 0175fin, College of Business, University of Texas at San Antonio, revised 06 Jan 2016.
    14. Zhang, Lili & Guo, Ying & Sun, Ganlu, 2019. "How patent signals affect venture capital: The evidence of bio-pharmaceutical start-ups in China," Technological Forecasting and Social Change, Elsevier, vol. 145(C), pages 93-104.
    15. Ajay K. Agrawal & Iain M. Cockburn & Alberto Galasso & Alexander Oettl, 2012. "Why are Some Regions More Innovative than Others? The Role of Firm Size Diversity," NBER Working Papers 17793, National Bureau of Economic Research, Inc.
    16. Alexander KLIMCHUK & Veronika CHALA, 2016. "Towards The Morphology Of Creative Business-Model In Ukraine," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 3, pages 235-252.
    17. Marina Flamand & Vincent Frigant, 2017. "The Limited Interest of Carmakers in Corporate Venture Capital: Insights From a Mature Industry," Post-Print hal-02150277, HAL.
    18. Reynolds, Elisabeth B. & Uygun, Yilmaz, 2018. "Strengthening advanced manufacturing innovation ecosystems: The case of Massachusetts," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 178-191.
    19. Wang, Tao, 2023. "The ownership structure of corporate venture capital financing and innovation," Technovation, Elsevier, vol. 123(C).
    20. Vincent FRIGANT & Marina FLAMAND, 2015. "The diversity of carmakers\' behaviors vis-a-vis the Corporate Venture Capital," Cahiers du GREThA (2007-2019) 2015-24, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    21. Agrawal, Ajay & Cockburn, Iain & Galasso, Alberto & Oettl, Alexander, 2014. "Why are some regions more innovative than others? The role of small firms in the presence of large labs," Journal of Urban Economics, Elsevier, vol. 81(C), pages 149-165.
    22. Kshitija Joshi & Deepak Chandrashekar & Krishna Satyanarayana & Apoorva Srinivas, 2022. "VC Funded Start-Ups in India: Innovation, Social Impact, and the Way Forward," International Journal of Global Business and Competitiveness, Springer, vol. 17(1), pages 104-113, June.
    23. Nicola Dimitri, 2014. "Managing Portfolio of Licenses," Working Papers 2014/40, Maastricht School of Management.
    24. Jochen Schlapp & Nektarios Oraiopoulos & Vincent Mak, 2015. "Resource Allocation Decisions Under Imperfect Evaluation and Organizational Dynamics," Management Science, INFORMS, vol. 61(9), pages 2139-2159, September.
    25. Ramadani, Veland & Hisrich, Robert D. & Abazi-Alili, Hyrije & Dana, Léo-Paul & Panthi, Laxman & Abazi-Bexheti, Lejla, 2019. "Product innovation and firm performance in transition economies: A multi-stage estimation approach," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 271-280.

  11. Josh Lerner & Scott Stern, 2012. "The Rate and Direction of Inventive Activity Revisited," NBER Books, National Bureau of Economic Research, Inc, number lern11-1, July.

    Cited by:

    1. Nizar, Muhammad Afdi, 2019. "Baik-Buruk Inovasi Keuangan [Financial Innovation : The Good and the Bad Sides]," MPRA Paper 97921, University Library of Munich, Germany.
    2. Teece, David J., 2018. "Profiting from innovation in the digital economy: Enabling technologies, standards, and licensing models in the wireless world," Research Policy, Elsevier, vol. 47(8), pages 1367-1387.
    3. Galetovic, Alexander & Haber, Stephen & Zaretzki, Lew, 2018. "An estimate of the average cumulative royalty yield in the world mobile phone industry: Theory, measurement and results," Telecommunications Policy, Elsevier, vol. 42(3), pages 263-276.
    4. Galasso, Alberto & Schankerman, Mark, 2013. "Patents and Cumulative Innovation:Causal Evidence from the Courts," IIR Working Paper 13-16, Institute of Innovation Research, Hitotsubashi University.
    5. Uwe Cantner & Simone Vannuccini, 2017. "Innovation and lock-in," Chapters, in: Harald Bathelt & Patrick Cohendet & Sebastian Henn & Laurent Simon (ed.), The Elgar Companion to Innovation and Knowledge Creation, chapter 11, pages 165-181, Edward Elgar Publishing.
    6. Fletcher, Joshua & Howard, Eric & Link, Albert & O'Connor, Alan, 2022. "Knowledge-Based Information and the Effectiveness of R&D in Small Firms," UNCG Economics Working Papers 22-2, University of North Carolina at Greensboro, Department of Economics.
    7. Ravshonbek Otojanov and Roger Fouquet, 2018. "Factor prices and induced technical change in the Industrial Revolution," Working Papers 92, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    8. Malliaris, Steven & Malliaris, A.G., 2021. "Delegated asset management and performance when some investors are unsophisticated," Journal of Banking & Finance, Elsevier, vol. 133(C).
    9. Ben R. Martin, 2013. "Twenty Challenges for Innovation Studies," Working Papers wp443, Centre for Business Research, University of Cambridge.
    10. Attar, M. Aykut, 2014. "Entrepreneurship, knowledge, and the industrial revolution," Economics Discussion Papers 2014-34, Kiel Institute for the World Economy (IfW Kiel).
    11. Nancy Gallini, 2017. "Do patents work? Thickets, trolls and antibiotic resistance," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 50(4), pages 893-926, November.
    12. Michael J. Andrews, 2020. "Local Effects of Land Grant Colleges on Agricultural Innovation and Output," NBER Chapters, in: Economics of Research and Innovation in Agriculture, pages 139-175, National Bureau of Economic Research, Inc.
    13. Petra Moser & Joerg Ohmstedt & Paul W. Rhode, 2015. "Patent Citations and the Size of the Inventive Step - Evidence from Hybrid Corn," NBER Working Papers 21443, National Bureau of Economic Research, Inc.
    14. Daron Acemoglu & Ufuk Akcigit & William Kerr, 2016. "Innovation Network," NBER Working Papers 22783, National Bureau of Economic Research, Inc.
    15. Denicolo, Vincenzo & Polo, Michele, 2017. "Duplicative research, mergers and innovation," CEPR Discussion Papers 12511, C.E.P.R. Discussion Papers.
    16. Uwe Cantner & Simone Vannuccini, 2012. "A New View of General Purpose Technologies," Jena Economics Research Papers 2012-054, Friedrich-Schiller-University Jena.
    17. Richard Gilbert & Eirik Gaard Kristiansen, 2018. "Licensing and innovation with imperfect contract enforcement," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 27(2), pages 297-314, June.
    18. Wen Wen & Feng Zhu, 2016. "How Do Complementors Respond to the Threat of Platform Owner Entry? Evidence from the Mobile App Market," Working Papers 16-10, NET Institute.
    19. Antonelli Cristiano & Crepax Nicola & Fassio Claudio, 2012. "The cliometrics of academic chairs. Scientific knowledge and economic growth, the evidence across the Italian regions 1900-1959," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201206, University of Turin.
    20. Alberto Galasso & Mark Schankerman, 2013. "Patents and Cumulative Innovation: Causal Evidence from the Courts," CEP Discussion Papers dp1205, Centre for Economic Performance, LSE.
    21. Malliaris, Steven & Malliaris, A.G., 2022. "Reprint of: Delegated asset management and performance when some investors are unsophisticated," Journal of Banking & Finance, Elsevier, vol. 140(C).
    22. Galasso, Alberto & Schankerman, Mark, 2013. "Patents and cumulative innovation: causal evidence from the courts," LSE Research Online Documents on Economics 51539, London School of Economics and Political Science, LSE Library.
    23. Petra Moser & Joerg Ohmstedt & Paul M. Rhode, 2016. "Patent Citations - An Analysis of Quality Differences and Citing Practices in Hybrid Corn," Working Papers 16-05, New York University, Leonard N. Stern School of Business, Department of Economics.
    24. Wright, Nataliya Langburd & Nagle, Frank & Greenstein, Shane, 2023. "Open source software and global entrepreneurship," Research Policy, Elsevier, vol. 52(9).
    25. World Bank & Organisation for Economic Co-operation and Development, 2017. "A Step Ahead," World Bank Publications - Books, The World Bank Group, number 27527, December.
    26. Vogelsang, Ingo, 2017. "Regulatory inertia versus ICT dynamics: The case of product innovations," Telecommunications Policy, Elsevier, vol. 41(10), pages 978-990.
    27. Carl Shapiro & Howard Shelanski, 2021. "Judicial Response to the 2010 Horizontal Merger Guidelines," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 58(1), pages 51-79, February.
    28. Ji Youn (Rose) Kim & Haemin Dennis Park, 2017. "Two Faces of Early Corporate Venture Capital Funding: Promoting Innovation and Inhibiting IPOs," Strategy Science, INFORMS, vol. 2(3), pages 161-175, September.
    29. Vokata, Petra, 2021. "Engineering lemons," Journal of Financial Economics, Elsevier, vol. 142(2), pages 737-755.
    30. David Bailey & Lisa de Propris & Jürgen Janger, 2015. "Industrial and Innovation Policy as Drivers of Change. WWWforEurope Deliverable No. 9," WIFO Studies, WIFO, number 58412, February.
    31. Jing Xiao & Ron Boschma, 2023. "The emergence of artificial intelligence in European regions: the role of a local ICT base," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(3), pages 747-773, December.
    32. Julie Bon & San Sau Fung & Alan Reilly & Terry Ridout & Robert Ryan & Mike Walker, 2021. "Recent Developments at the CMA: 2020–2021," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 59(4), pages 665-692, December.
    33. Jason M. Rathje & Riitta Katila, 2021. "Enabling Technologies and the Role of Private Firms: A Machine Learning Matching Analysis," Strategy Science, INFORMS, vol. 6(1), pages 5-21, March.
    34. Pierre Azoulay & Jeffrey L. Furman & Joshua L. Krieger & Fiona E. Murray, 2012. "Retractions," NBER Working Papers 18499, National Bureau of Economic Research, Inc.
    35. Budzinski Oliver & Stöhr Annika, 2018. "Die Ministererlaubnis als Element der deutschen Wettbewerbsordnung: eine theoretische und empirische Analyse," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 69(1), pages 216-258, July.
    36. Fabian Unterlass & Andreas Reinstaller & Klaus S. Friesenbichler & Alexandros Charos & Kathrin Hranyai & Peter Reschenhofer & Anna Strauss & Sebastian Unterlass & Johanna Vogel & Agnes Kügler & Stefan, 2015. "The Relationship Between Export and Technological Specialisation Profiles Across EU Countries and Regions and the Identification of Development Potentials," WIFO Studies, WIFO, number 58911, February.
    37. Benno Buehler & Daniel Coublucq & Cyril Hariton & Gregor Langus & Tommaso Valletti, 2017. "Recent Developments at DG Competition: 2016/2017," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 51(4), pages 397-422, December.
    38. Etro, Federico, 2019. "Mergers of complements and entry in innovative industries," International Journal of Industrial Organization, Elsevier, vol. 65(C), pages 302-326.
    39. Erin L. Scott & Pian Shu & Roman M. Lubynsky, 2020. "Entrepreneurial Uncertainty and Expert Evaluation: An Empirical Analysis," Management Science, INFORMS, vol. 66(3), pages 1278-1299, March.
    40. Steve Talbot, 2016. "Creating a smart rural economy through smart specialisation: The microsphere model," Local Economy, London South Bank University, vol. 31(8), pages 892-919, December.
    41. Younge, Kenneth A. & Tong, Tony W., 2018. "Competitive pressure on the rate and scope of innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 162-181.
    42. Helveston, John P. & Wang, Yanmin & Karplus, Valerie J. & Fuchs, Erica R.H., 2019. "Institutional complementarities: The origins of experimentation in China’s plug-in electric vehicle industry," Research Policy, Elsevier, vol. 48(1), pages 206-222.
    43. Timothy F Bresnahan, 2019. "Technological change in ICT in light of ideas first learned about the machine tool industry," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 28(2), pages 331-349.
    44. Florian Brugger & Christian Gehrke, 2017. "Skilling and Deskilling Technological Change in Classical Economic Theory and Its Empirical Evidence," Working Paper Series, Social and Economic Sciences 2017-02, Faculty of Social and Economic Sciences, Karl-Franzens-University Graz.
    45. Giovanni Dosi & Joseph Stiglitz, 2013. "The Role of Intellectual Property Rights in the Development Process, with Some Lessons from Developed Countries: An Introduction," LEM Papers Series 2013/23, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    46. Bresnahan Timothy F., 2012. "Comment on "Concentration in Internet Access and Entrepreneurial Truncation of Innovation" (by Shane Greenstein)," Capitalism and Society, De Gruyter, vol. 7(1), pages 1-15, November.

  12. Josh Lerner & Scott Stern, 2012. "Innovation Policy and the Economy, Volume 12," NBER Books, National Bureau of Economic Research, Inc, number lern11-2, July.

    Cited by:

    1. Juan M. Sanchez & Lijun Zhu, 2015. "What Drives Household Debt?," Economic Synopses, Federal Reserve Bank of St. Louis, issue 22.
    2. Pierre Lortie, 2019. "Nurturing Global Growth Companies: Time For A New Policy Toolkit," SPP Research Papers, The School of Public Policy, University of Calgary, vol. 12(27), September.

  13. Josh Lerner & Scott Stern, 2011. "Innovation Policy and the Economy, Volume 11," NBER Books, National Bureau of Economic Research, Inc, number lern10-1, July.

    Cited by:

    1. Clancy, Matthew S., 2015. "Combinatorial innovation, evidence from patent data, and mandated innovation," ISU General Staff Papers 201501010800005678, Iowa State University, Department of Economics.

  14. Josh Lerner & Scott Stern, 2010. "Innovation Policy and the Economy, Volume 10," NBER Books, National Bureau of Economic Research, Inc, number lern09-1, July.

    Cited by:

    1. Brett Danaher & Samita Dhanasobhon & Michael D. Smith & Rahul Telang, 2013. "Understanding Media Markets in the Digital Age: Economics and Methodology," NBER Working Papers 19634, National Bureau of Economic Research, Inc.

  15. Lerner, Josh, 2010. "The Comingled Code: Open Source and Economic Development," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262014632, December.

    Cited by:

    1. Colombo, Massimo G. & Piva, Evila & Rossi-Lamastra, Cristina, 2014. "Open innovation and within-industry diversification in small and medium enterprises: The case of open source software firms," Research Policy, Elsevier, vol. 43(5), pages 891-902.
    2. Murciano-Goroff, Raviv & Zhuo, Ran & Greenstein, Shane, 2021. "Hidden software and veiled value creation: Illustrations from server software usage," Research Policy, Elsevier, vol. 50(9).
    3. Schrape, Jan-Felix, 2017. "Open source projects as incubators of innovation: From niche phenomenon to integral part of the software industry," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2017-03, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    4. Christian G. Asmussen & Kirsten Foss & Nicolai J. Foss & Peter G. Klein, 2021. "Economizing and strategizing: How coalitions and transaction costs shape value creation and appropriation," Strategic Management Journal, Wiley Blackwell, vol. 42(2), pages 413-434, February.
    5. Belenzon, Sharon & Schankerman, Mark, 2015. "Motivation and sorting of human capital in open innovation," LSE Research Online Documents on Economics 58514, London School of Economics and Political Science, LSE Library.
    6. Sharon Belenzon & Mark Schankerman, 2015. "Motivation and sorting of human capital in open innovation," Strategic Management Journal, Wiley Blackwell, vol. 36(6), pages 795-820, June.
    7. Shane Greenstein & Frank Nagle, 2013. "Digital Dark Matter and the Economic Contribution of Apache," NBER Working Papers 19507, National Bureau of Economic Research, Inc.
    8. Wen Wen & Marco Ceccagnoli & Chris Forman, 2016. "Opening Up Intellectual Property Strategy: Implications for Open Source Software Entry by Start-up Firms," Management Science, INFORMS, vol. 62(9), pages 2668-2691, September.
    9. Reisinger, Markus & Ressner, Ludwig & Schmidtke, Richard & Thomes, Tim Paul, 2014. "Crowding-in of complementary contributions to public goods: Firm investment into open source software," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 78-94.
    10. Wright, Nataliya Langburd & Nagle, Frank & Greenstein, Shane, 2023. "Open source software and global entrepreneurship," Research Policy, Elsevier, vol. 52(9).
    11. Frank Nagle, 2019. "Open Source Software and Firm Productivity," Management Science, INFORMS, vol. 65(3), pages 1191-1215, March.
    12. Matt Germonprez & Julie E. Kendall & Kenneth E. Kendall & Lars Mathiassen & Brett Young & Brian Warner, 2017. "A Theory of Responsive Design: A Field Study of Corporate Engagement with Open Source Communities," Information Systems Research, INFORMS, vol. 28(1), pages 64-83, March.
    13. Wen Wen & Marco Ceccagnoli & Chris Forman, 2012. "Patent Pools, Thickets, and Open Source Software Entry by Start-Up Firms," NBER Chapters, in: Standards, Patents and Innovations, National Bureau of Economic Research, Inc.
    14. Marina Doroshenko & Kirill Skripkin, 2013. "Developing the National Software Market: Public Policy Alternatives," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 7(1), pages 44-57.
    15. Karim R. Lakhani & Hila Lifshitz-Assaf & Michael L. Tushman, 2013. "Open innovation and organizational boundaries: task decomposition, knowledge distribution and the locus of innovation," Chapters, in: Anna Grandori (ed.), Handbook of Economic Organization, chapter 19, Edward Elgar Publishing.
    16. Maican, Florin G., 2012. "From Boom to Bust and Back Again: A dynamic analysis of IT services," Working Papers in Economics 543, University of Gothenburg, Department of Economics.
    17. Belenzon, Sharon & Schankerman, Mark, 2008. "Motivation and sorting in open source software innovation," LSE Research Online Documents on Economics 51594, London School of Economics and Political Science, LSE Library.
    18. Stefano Colombo & Luca Grilli & Cristina Rossi-Lamastra, 2014. "Network Externalities, Incumbent’s Competitive Advantage and the Degree of Openness of Software Start-Ups," Computational Economics, Springer;Society for Computational Economics, vol. 44(2), pages 175-200, August.

  16. Lerner, Josh & Schoar, Antoinette (ed.), 2010. "International Differences in Entrepreneurship," National Bureau of Economic Research Books, University of Chicago Press, number 9780226473093, November.

    Cited by:

    1. Francesco Quatraro & Marco Vivarelli, 2015. "Drivers of entrepreneurship and post-entry performance of newborn firms in developing countries," Post-Print hal-01071511, HAL.
    2. Quatraro, Francesco & Vivarelli, Marco, 2013. "Entrepreneurship In A Developing Country Context," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201314, University of Turin.
    3. Gonzalez-Uribe, Juanita & Reyes, Santiago, 2021. "Identifying and boosting “gazelles”: evidence from business accelerators," LSE Research Online Documents on Economics 103145, London School of Economics and Political Science, LSE Library.
    4. González-Uribe, Juanita & Reyes, Santiago, 2021. "Identifying and boosting “Gazelles”: Evidence from business accelerators," Journal of Financial Economics, Elsevier, vol. 139(1), pages 260-287.
    5. Chi Huu Nguyen & Christophe Jalil Nordman, 2017. "Household Entrepreneurship and Social Networks: Panel Data Evidence from Vietnam," Post-Print hal-03616432, HAL.
    6. Tommaso Ciarli & Chiara Kofol & Carlo Menon, 2015. "Business as Unusual. An Explanation of the Increase of Private Economic Activity in High-Conflict Areas in Afghanistan," SERC Discussion Papers 0182, Centre for Economic Performance, LSE.
    7. Fiala, Nathan, 2014. "Skills in the Marketplace: Market Equilibrium, Personality and Ability in a Field-Based Experiment," Working Papers 30, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    8. Miguel García-Posada & Juan S. Mora-Sanguinetti, 2014. "Entrepreneurship and enforcement institutions: Disaggregated evidence for Spain," Working Papers 1405, Banco de España.
    9. Yoonyoung Cho, 2024. "Entrepreneurship for the poor in developing countries," IZA World of Labor, Institute of Labor Economics (IZA), pages 167-167, April.
    10. Gil Avnimelech & Yaron Zelekha, 2023. "Religion and the gender gap in entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 629-665, June.
    11. Mingzhi Hu & Xiaoshuang Li, 2022. "The reasons that younger homeowners are less likely to become entrepreneurs: The role of capital constraints," Journal of Regional Economics, Anser Press, vol. 1(1), pages 68-82, December.
    12. Jay Joseph & John E. Katsos & Mariam Daher, 2021. "Local Business, Local Peace? Intergroup and Economic Dynamics," Journal of Business Ethics, Springer, vol. 173(4), pages 835-854, November.
    13. Gustavo A. Caballero, 2017. "Responsibility or autonomy: children and the probability of self-employment in the USA," Small Business Economics, Springer, vol. 49(2), pages 493-512, August.
    14. Bengtsson, Ola & Hsu, David H., 2013. "Ethnic Matching in the U.S. Venture Capital Market," Knut Wicksell Working Paper Series 2013/8, Lund University, Knut Wicksell Centre for Financial Studies.
    15. Klapper, Leora & Richmond, Christine, 2011. "Patterns of business creation, survival and growth : evidence from Africa," Policy Research Working Paper Series 5828, The World Bank.
    16. Maria João Guedes & Nicos Nicolaou & Pankaj C. Patel, 2019. "Genetic distance and the difference in new firm entry between countries," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 973-1016, July.
    17. Luis Medrano-Adán & Vicente Salas-Fumás & J. Sanchez-Asin, 2015. "Heterogeneous entrepreneurs from occupational choices in economies with minimum wages," Small Business Economics, Springer, vol. 44(3), pages 597-619, March.
    18. Henrekson, Magnus & Sanandaji, Tino, 2014. "Superentrepreneurship and Global Imbalances: Closing Europe's Gap to Other Industrialized Regions," Working Paper Series 1049, Research Institute of Industrial Economics, revised 03 Aug 2015.
    19. Becker, Dennis, 2014. "Heterogeneous Firms and Informality: The Effects of Trade Liberalization on Labor Markets," Working Papers 180124, Cornell University, Department of Applied Economics and Management.
    20. Christopher Andrew Hartwell, 2014. "Capital Controls and the Determinants of Entrepreneurship," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 64(6), pages 434-456, December.
    21. Henrekson, Magnus & Sanandaji, Tino, 2016. "Stock Option Taxation and Venture Capital Activity: A Cross-Country Comparison," Working Paper Series 1104, Research Institute of Industrial Economics, revised 09 Nov 2017.
    22. Nathan Fiala, 2013. "Skills in the Marketplace: Individual Characteristics and Bargaining Ability in a Field-Based Experiment," Discussion Papers of DIW Berlin 1326, DIW Berlin, German Institute for Economic Research.
    23. Thomas Hellmann & Veikko Thiele, 2019. "Fostering Entrepreneurship: Promoting Founding or Funding?," Management Science, INFORMS, vol. 67(6), pages 2502-2521, June.
    24. Qi Guo & Canfei He & Deyu Li, 2016. "Entrepreneurship in China: The role of localisation and urbanisation economies," Urban Studies, Urban Studies Journal Limited, vol. 53(12), pages 2584-2606, September.
    25. Simon Johnson & James Kwak, 2012. "Is Financial Innovation Good for the Economy?," Innovation Policy and the Economy, University of Chicago Press, vol. 12(1), pages 1-16.
    26. Bat Batjargal & Michael Hitt & Anne Tsui & Jean-Luc Arregle & Justin Webb & Toyah Miller, 2013. "Institutional Polycentrism, Entrepreneurs' Social Networks, and New Venture Growth," Post-Print hal-02276709, HAL.
    27. Carlos M. Jardon & Xavier Martínez-Cobas, 2019. "Leadership and Organizational Culture in the Sustainability of Subsistence Small Businesses: An Intellectual Capital Based View," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    28. Shai Bernstein & Abhishek Dev & Josh Lerner, 2018. "The Creation and Evolution of Entrepreneurial Public Markets," NBER Working Papers 25414, National Bureau of Economic Research, Inc.
    29. Naijia Guo & Charles Ka Yui Leung, 2021. "Do Elite Colleges Matter? The Impact on Entrepreneurship Decisions and Career Dynamics," GRU Working Paper Series GRU_2021_006, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    30. Ramesh Kumar Chaturvedi, 2022. "Enhancing the productive engagement of COVID-19-driven workers’ exodus through micro-entrepreneurship: accentuated role of de-globalization and local innovations," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 385-394, December.
    31. Bat Batjargal, 2013. "Institutional Polycentrism, Entrepreneurs??? Social Networks, And New Venture Growth," William Davidson Institute Working Papers Series wp1060, William Davidson Institute at the University of Michigan.
    32. Karsai, Judit, 2015. "Állami szerepvállalás a kelet-közép-európai kockázatitőke-piacon [The role of government in the Central and East European venture-capital market]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1172-1195.
    33. Harinder Kohli & Ashok Sharma & Anil Sood (ed.), 2011. "Asia 2050: Realizing the Asian Century," Books, Emerging Markets Forum, edition 1, number asia2050, November.
    34. Marco Vivarelli, 2013. "Is entrepreneurship necessarily good? Microeconomic evidence from developed and developing countries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(6), pages 1453-1495, December.
    35. Kim, Jungsuk & Castillejos-Petalcorin, Cynthia & Jinjarak, Yothin & Park, Donghyun & Quising, Pilipinas & Tian, Shu, 2022. "Entrepreneurship and Economic Growth: A Cross-Sectional Analysis Perspective," ADB Economics Working Paper Series 672, Asian Development Bank.
    36. Francesco Quatraro & Marco Vivarelli, 2013. "Entry and Post-Entry Dynamics in Developing Countries," GREDEG Working Papers 2013-20, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    37. Vivarelli, Marco, 2012. "Drivers of entrepreneurship and post-entry performance : microeconomic evidence from advanced and developing countries," Policy Research Working Paper Series 6245, The World Bank.
    38. Vivarelli, Marco, 2012. "Entrepreneurship in Advanced and Developing Countries: A Microeconomic Perspective," IZA Discussion Papers 6513, Institute of Labor Economics (IZA).

  17. Josh Lerner & Antoinette Schoar, 2010. "International Differences in Entrepreneurship," NBER Books, National Bureau of Economic Research, Inc, number lern08-2, July.

    Cited by:

    1. Francesco Quatraro & Marco Vivarelli, 2015. "Drivers of entrepreneurship and post-entry performance of newborn firms in developing countries," Post-Print hal-01071511, HAL.
    2. Muhammad Amsal Sahban & Subramaniam Sri Ramalu & Ruswiati Syahputra, 2016. "The Influence of Social Support on Entrepreneurial Inclination among Business Students in Indonesia," Information Management and Business Review, AMH International, vol. 8(3), pages 32-46.
    3. Quatraro, Francesco & Vivarelli, Marco, 2013. "Entrepreneurship In A Developing Country Context," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201314, University of Turin.
    4. Gonzalez-Uribe, Juanita & Reyes, Santiago, 2021. "Identifying and boosting “gazelles”: evidence from business accelerators," LSE Research Online Documents on Economics 103145, London School of Economics and Political Science, LSE Library.
    5. DOMBOU T., Dany R., 2017. "Liberté économique et entrepreneuriat en ASS : une approche par le genre [Economic freedom and entrepreneurship in SSA: a gender approach]," MPRA Paper 80242, University Library of Munich, Germany.
    6. Wahba, Jackline & Zenou, Yves, 2009. "Out of Sight, Out of Mind: Migration, Entrepreneurship and Social Capital," IZA Discussion Papers 4541, Institute of Labor Economics (IZA).
    7. Braunerhjelm, Pontus, 2010. "Entrepreneurship, Innovation and Economic Growth - past experience, current knowledge and policy implications," Working Paper Series in Economics and Institutions of Innovation 224, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    8. González-Uribe, Juanita & Reyes, Santiago, 2021. "Identifying and boosting “Gazelles”: Evidence from business accelerators," Journal of Financial Economics, Elsevier, vol. 139(1), pages 260-287.
    9. Camilo Mondragón-Vélez & Ximena Peña & Daniel Wills, 2010. "Labor Market Rigidities and Informality in Colombia," Documentos CEDE 6717, Universidad de los Andes, Facultad de Economía, CEDE.
    10. Silvia Ardagna & Annamaria Lusardi, 2010. "Explaining International Differences in Entrepreneurship: The Role of Individual Characteristics and Regulatory Constraints," NBER Chapters, in: International Differences in Entrepreneurship, pages 17-62, National Bureau of Economic Research, Inc.
    11. Chi Huu Nguyen & Christophe Jalil Nordman, 2017. "Household Entrepreneurship and Social Networks: Panel Data Evidence from Vietnam," Post-Print hal-03616432, HAL.
    12. Tommaso Ciarli & Chiara Kofol & Carlo Menon, 2015. "Business as Unusual. An Explanation of the Increase of Private Economic Activity in High-Conflict Areas in Afghanistan," SERC Discussion Papers 0182, Centre for Economic Performance, LSE.
    13. Silvia Ardagna & Annamaria Lusardi, 2010. "Heterogeneity in the Effect of Regulation on Entrepreneurship and Entry Size," Journal of the European Economic Association, MIT Press, vol. 8(2-3), pages 594-605, 04-05.
    14. Fiala, Nathan, 2014. "Skills in the Marketplace: Market Equilibrium, Personality and Ability in a Field-Based Experiment," Working Papers 30, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    15. Miguel García-Posada & Juan S. Mora-Sanguinetti, 2014. "Entrepreneurship and enforcement institutions: Disaggregated evidence for Spain," Working Papers 1405, Banco de España.
    16. Yoonyoung Cho, 2024. "Entrepreneurship for the poor in developing countries," IZA World of Labor, Institute of Labor Economics (IZA), pages 167-167, April.
    17. Gil Avnimelech & Yaron Zelekha, 2023. "Religion and the gender gap in entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 629-665, June.
    18. Mingzhi Hu & Xiaoshuang Li, 2022. "The reasons that younger homeowners are less likely to become entrepreneurs: The role of capital constraints," Journal of Regional Economics, Anser Press, vol. 1(1), pages 68-82, December.
    19. Linda Elizabeth Ruiz & José Ernesto Amorós & Maribel Guerrero, 2023. "Does gender matter for corporate entrepreneurship? A cross-countries study," Small Business Economics, Springer, vol. 60(3), pages 929-946, March.
    20. Oluwasheyi Oladipo & Katarzyna Platt & Hyoung Suk Shim, 2023. "Female entrepreneurs managing from home," Small Business Economics, Springer, vol. 61(2), pages 447-464, August.
    21. Jay Joseph & John E. Katsos & Mariam Daher, 2021. "Local Business, Local Peace? Intergroup and Economic Dynamics," Journal of Business Ethics, Springer, vol. 173(4), pages 835-854, November.
    22. Gustavo A. Caballero, 2017. "Responsibility or autonomy: children and the probability of self-employment in the USA," Small Business Economics, Springer, vol. 49(2), pages 493-512, August.
    23. Bengtsson, Ola & Hsu, David H., 2013. "Ethnic Matching in the U.S. Venture Capital Market," Knut Wicksell Working Paper Series 2013/8, Lund University, Knut Wicksell Centre for Financial Studies.
    24. Chawanote, Chayanee & Barrett, Christopher B., 2011. "Rural Non-farm Dynamics: Occupational Ladders and Earnings Mobility in Thailand," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103879, Agricultural and Applied Economics Association.
    25. Klapper, Leora & Richmond, Christine, 2011. "Patterns of business creation, survival and growth : evidence from Africa," Policy Research Working Paper Series 5828, The World Bank.
    26. Maria João Guedes & Nicos Nicolaou & Pankaj C. Patel, 2019. "Genetic distance and the difference in new firm entry between countries," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 973-1016, July.
    27. Akay, Alpaslan & Khamis, Melanie, 2011. "The Persistence of Informality: Evidence from Panel Data," IZA Discussion Papers 6163, Institute of Labor Economics (IZA).
    28. Silvia Ardagna & Annamaria Lusardi, 2009. "Where does regulation hurt? Evidence from new businesses across countries," NBER Working Papers 14747, National Bureau of Economic Research, Inc.
    29. Antoinette Schoar, 2010. "The Divide between Subsistence and Transformational Entrepreneurship," NBER Chapters, in: Innovation Policy and the Economy, Volume 10, pages 57-81, National Bureau of Economic Research, Inc.
    30. Ioannis Giotopoulos & Alexandra Kontolaimou & Aggelos Tsakanikas, 2017. "Drivers of high-quality entrepreneurship: what changes did the crisis bring about?," Small Business Economics, Springer, vol. 48(4), pages 913-930, April.
    31. Freddie Festo Mawanga, 2017. "Comparison Of Female And Male Youth Characteristics Prior To Entrepreneurial Development: Evidence From Uganda," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 22(01), pages 1-15, March.
    32. Isabel Martínez-Rodríguez & Consolación Quintana-Rojo & Pedro Gento & Fernando-Evaristo Callejas-Albiñana, 2022. "Public policy recommendations for promoting female entrepreneurship in Europe," International Entrepreneurship and Management Journal, Springer, vol. 18(3), pages 1235-1262, September.
    33. Luis Medrano-Adán & Vicente Salas-Fumás & J. Sanchez-Asin, 2015. "Heterogeneous entrepreneurs from occupational choices in economies with minimum wages," Small Business Economics, Springer, vol. 44(3), pages 597-619, March.
    34. Henrekson, Magnus & Sanandaji, Tino, 2014. "Superentrepreneurship and Global Imbalances: Closing Europe's Gap to Other Industrialized Regions," Working Paper Series 1049, Research Institute of Industrial Economics, revised 03 Aug 2015.
    35. Becker, Dennis, 2014. "Heterogeneous Firms and Informality: The Effects of Trade Liberalization on Labor Markets," Working Papers 180124, Cornell University, Department of Applied Economics and Management.
    36. Jhony Choon Yeong Ng & Metis Meng Die Huang & Yiping Liu, 2016. "The ‘feminine’ entrepreneurial personality trait: The competitive advantage of female college-student entrepreneurs in Chinese wei-shang businesses?," Asian Business & Management, Palgrave Macmillan, vol. 15(5), pages 343-369, December.
    37. Cinzia Colapinto & Vladi Finotto & Christine Mauracher, 2021. "Female entrepreneurship in the wine sector: the role of identity in small and medium-sized wineries’ formation, growth and response to Covid-19," Working Papers 06, Department of Management, Università Ca' Foscari Venezia.
    38. , Aisdl, 2017. "Problems and prospects of women entrepreneurship with special reference to MSMEs in the state of Gujarat," OSF Preprints u7jkb, Center for Open Science.
    39. Christopher Andrew Hartwell, 2014. "Capital Controls and the Determinants of Entrepreneurship," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 64(6), pages 434-456, December.
    40. Aikaterini Sarri & Stavroula Laspita & Anastasios Panopoulos, 2018. "Drivers and Barriers of Entrepreneurial Intentions in Times of Economic Crisis: The Gender Dimension," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 16(2), pages 147-170.
    41. Henrekson, Magnus & Sanandaji, Tino, 2016. "Stock Option Taxation and Venture Capital Activity: A Cross-Country Comparison," Working Paper Series 1104, Research Institute of Industrial Economics, revised 09 Nov 2017.
    42. Nathan Fiala, 2013. "Skills in the Marketplace: Individual Characteristics and Bargaining Ability in a Field-Based Experiment," Discussion Papers of DIW Berlin 1326, DIW Berlin, German Institute for Economic Research.
    43. Francis Kigo Njenga & Daniel M Kitonga & Francis M. Gatumo, 2021. "The moderating effect of gender on the contribution of social enterprises to social transformation in Kiambu County, Kenya," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(8), pages 257-265, December.
    44. Thomas Hellmann & Veikko Thiele, 2019. "Fostering Entrepreneurship: Promoting Founding or Funding?," Management Science, INFORMS, vol. 67(6), pages 2502-2521, June.
    45. Golda Anambane & Kwame Adom, 2018. "Assessing The Role Of Culture In Female Entrepreneurship In Contemporary Sub-Saharan Society: Insights From The Nabadam District Of Ghana," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 23(03), pages 1-26, September.
    46. Irene Fafaliou & Ioannis Salamouris, 2014. "Analyze Female Entrepreneurship: Evidence from Greece," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 21-38.
    47. Qi Guo & Canfei He & Deyu Li, 2016. "Entrepreneurship in China: The role of localisation and urbanisation economies," Urban Studies, Urban Studies Journal Limited, vol. 53(12), pages 2584-2606, September.
    48. Simon Johnson & James Kwak, 2012. "Is Financial Innovation Good for the Economy?," Innovation Policy and the Economy, University of Chicago Press, vol. 12(1), pages 1-16.
    49. Bat Batjargal & Michael Hitt & Anne Tsui & Jean-Luc Arregle & Justin Webb & Toyah Miller, 2013. "Institutional Polycentrism, Entrepreneurs' Social Networks, and New Venture Growth," Post-Print hal-02276709, HAL.
    50. Carlos M. Jardon & Xavier Martínez-Cobas, 2019. "Leadership and Organizational Culture in the Sustainability of Subsistence Small Businesses: An Intellectual Capital Based View," Sustainability, MDPI, vol. 11(12), pages 1-16, June.
    51. Sophia Ze Mukorera, 2020. "Is Entrepreneurship The Solution For Female Empowerment In South Africa," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 25(01), pages 1-14, March.
    52. James A. Brander & Qianqian Du & Thomas Hellmann, 2015. "The Effects of Government-Sponsored Venture Capital: International Evidence," Review of Finance, European Finance Association, vol. 19(2), pages 571-618.
    53. Bruhn, Miriam, 2012. "A tale of two species : revisiting the effect of registration reform on informal business owners in Mexico," Policy Research Working Paper Series 5971, The World Bank.
    54. Shai Bernstein & Abhishek Dev & Josh Lerner, 2018. "The Creation and Evolution of Entrepreneurial Public Markets," NBER Working Papers 25414, National Bureau of Economic Research, Inc.
    55. Renata Gukovas & Miriam Muller & Ana Claudia Pereira & Maira Emy Reimao, 2016. "A Snapshot of Gender in Brazil Today," World Bank Publications - Reports 25976, The World Bank Group.
    56. Achim Monica Violeta & Văidean Viorela Ligia & Borlea Sorin Nicolae, 2021. "Culture, Entrepreneurship and Economic Development. An Empirical Approach," Entrepreneurship Research Journal, De Gruyter, vol. 11(1), pages 1-28, January.
    57. Naijia Guo & Charles Ka Yui Leung, 2021. "Do Elite Colleges Matter? The Impact on Entrepreneurship Decisions and Career Dynamics," GRU Working Paper Series GRU_2021_006, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    58. Patient Rambe & Takawira Munyaradzi Ndofirepi, 2017. "Gender Differences in the Perceptions of Entrepreneurship Hindrances: A Case of Vocational Education Students in Zimbabwe," Journal of Economics and Behavioral Studies, AMH International, vol. 8(6), pages 94-113.
    59. Ramesh Kumar Chaturvedi, 2022. "Enhancing the productive engagement of COVID-19-driven workers’ exodus through micro-entrepreneurship: accentuated role of de-globalization and local innovations," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 385-394, December.
    60. Bat Batjargal, 2013. "Institutional Polycentrism, Entrepreneurs??? Social Networks, And New Venture Growth," William Davidson Institute Working Papers Series wp1060, William Davidson Institute at the University of Michigan.
    61. Punita Bhatt & Supriya Garikipati, 2020. "Feminist Ideologies at Work: Culture, Collectivism and Entrepreneurship among Poor Women in India," Working Papers 202014, University of Liverpool, Department of Economics.
    62. Karsai, Judit, 2015. "Állami szerepvállalás a kelet-közép-európai kockázatitőke-piacon [The role of government in the Central and East European venture-capital market]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1172-1195.
    63. Dang, Hai-Anh & Lanjouw, Peter & Luoto, Jill & McKenzie, David, 2011. "Using repeated cross-sections to explore movements in and out of poverty," Policy Research Working Paper Series 5550, The World Bank.
    64. Ivano Dileo & Thaís García Pereiro, 2019. "Assessing the impact of individual and context factors on the entrepreneurial process. A cross-country multilevel approach," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1393-1441, December.
    65. Harinder Kohli & Ashok Sharma & Anil Sood (ed.), 2011. "Asia 2050: Realizing the Asian Century," Books, Emerging Markets Forum, edition 1, number asia2050, November.
    66. Tha�s Garc�a-Pereiro & Ivano Dileo, 2017. "Gender Differences In Entrepreneurial Activities In Italy," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 71(3), pages 31-40, July-Sept.
    67. Marco Vivarelli, 2013. "Is entrepreneurship necessarily good? Microeconomic evidence from developed and developing countries," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(6), pages 1453-1495, December.
    68. Kim, Jungsuk & Castillejos-Petalcorin, Cynthia & Jinjarak, Yothin & Park, Donghyun & Quising, Pilipinas & Tian, Shu, 2022. "Entrepreneurship and Economic Growth: A Cross-Sectional Analysis Perspective," ADB Economics Working Paper Series 672, Asian Development Bank.
    69. Bárbara Flores & Óscar Landerretche & Gabriela Sánchez, 2011. "Propensión al emprendimiento: ¿Los emprendedores nacen, se educan o se hacen?," Working Papers wp330, University of Chile, Department of Economics.
    70. Francesco Quatraro & Marco Vivarelli, 2013. "Entry and Post-Entry Dynamics in Developing Countries," GREDEG Working Papers 2013-20, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    71. Vivarelli, Marco, 2012. "Drivers of entrepreneurship and post-entry performance : microeconomic evidence from advanced and developing countries," Policy Research Working Paper Series 6245, The World Bank.
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    73. Mehmet Nasih TAĞ & Duygu HIDIROĞLU, 2020. "The Playing Field of Innovative Entrepreneurship: A Multilevel Analysis of Institutional Effects on Female Entrepreneurship," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(44).

  18. Josh Lerner & Scott Stern, 2009. "Innovation Policy and the Economy, Volume 9," NBER Books, National Bureau of Economic Research, Inc, number lern08-1, July.

    Cited by:

    1. Muilu Toivo & Kotavaara Niina, 2011. "Diffusion, social structure and functioning of scientific rural networks: comparison of European and Finish examples," European Countryside, Sciendo, vol. 3(1), pages 66-82, January.

  19. Adam B. Jaffe & Josh Lerner & Scott Stern, 2008. "Innovation Policy and the Economy, Volume 8," NBER Books, National Bureau of Economic Research, Inc, number jaff08-1, July.

    Cited by:

    1. Stefano Comino & Fabio Maria Manenti, 2015. "Intellectual Property and Innovation in Information and Communication Technology (ICT)," JRC Research Reports JRC97541, Joint Research Centre.
    2. Yuzhe Zhang & Matthew Mitchell, 2013. "Shared Rights and Technological Progress," 2013 Meeting Papers 678, Society for Economic Dynamics.
    3. Matthew Mitchell & Yuzhe Zhang, 2015. "Shared Patent Rights And Technological Progress," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(1), pages 95-132, February.
    4. Stefano Comino & Fabio M. Manenti & NIkolaus Thumm, 2017. "The Role of Patents in Information and Communication Technologies (ICTs). A survey of the Literature," "Marco Fanno" Working Papers 0212, Dipartimento di Scienze Economiche "Marco Fanno".

  20. Adam B. Jaffe & Josh Lerner & Scott Stern (ed.), 2007. "Innovation Policy and the Economy, Volume 7," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262600706, December.

    Cited by:

    1. Yiquan Gu & Leonardo Madio & Carlo Reggiani, 2022. "Data brokers co-opetition [The impact of big data on firm performance: an empirical investigation]," Oxford Economic Papers, Oxford University Press, vol. 74(3), pages 820-839.
    2. Katia Angue & Cécile Ayerbe & Liliana Mitkova, 2014. "A method using two dimensions of the patent classification for measuring the technological proximity: an application in identifying a potential R&D partner in biotechnology," The Journal of Technology Transfer, Springer, vol. 39(5), pages 716-747, October.
    3. Rebecca M. Henderson & Richard G. Newell, 2011. "Accelerating Energy Innovation: Insights from Multiple Sectors," NBER Books, National Bureau of Economic Research, Inc, number hend09-1, July.
    4. Rebecca M. Henderson & Richard G. Newell, 2011. "Introduction and Summary to "Accelerating Energy Innovation: Insights from Multiple Sectors"," NBER Chapters, in: Accelerating Energy Innovation: Insights from Multiple Sectors, pages 1-23, National Bureau of Economic Research, Inc.

  21. Adam Jaffe & Josh Lerner & Scott Stern & Marie Thursby, 2007. "Academic Science and Entrepreneurship: Dual Engines of Growth," NBER Books, National Bureau of Economic Research, Inc, number jaff05-2, July.
    See citations under working paper version above.
  22. Adam B. Jaffe & Josh Lerner & Scott Stern, 2007. "Innovation Policy and the Economy, Volume 7," NBER Books, National Bureau of Economic Research, Inc, number jaff07-1, July.

    Cited by:

    1. Yiquan Gu & Leonardo Madio & Carlo Reggiani, 2022. "Data brokers co-opetition [The impact of big data on firm performance: an empirical investigation]," Oxford Economic Papers, Oxford University Press, vol. 74(3), pages 820-839.
    2. Robert M. Hunt, 2006. "When Do More Patents Reduce R&D?," Levine's Bibliography 122247000000001065, UCLA Department of Economics.
    3. Mathias Dewatripont & Patrick Legros, 2013. "'Essential' patents, FRAND royalties and technological standards," ULB Institutional Repository 2013/168609, ULB -- Universite Libre de Bruxelles.
    4. Roy Chowdhury, Prabal & Sengupta, Kunal, 2009. "Transparency, complementarity and holdout," MPRA Paper 17606, University Library of Munich, Germany.
    5. Timothy Bresnahan & Jonathan Levin, 2012. "Vertical Integration and Market Structure," Discussion Papers 11-010, Stanford Institute for Economic Policy Research.
    6. Katia Angue & Cécile Ayerbe & Liliana Mitkova, 2014. "A method using two dimensions of the patent classification for measuring the technological proximity: an application in identifying a potential R&D partner in biotechnology," The Journal of Technology Transfer, Springer, vol. 39(5), pages 716-747, October.
    7. Goldschlag, Nathan & Bianchini, Stefano & Lane, Julia & SanMartin Sola, Joseba & Weinberg, Bruce A., 2016. "Research Funding and Regional Economies," IZA Discussion Papers 10081, Institute of Labor Economics (IZA).
    8. Nathan Goldschlag & Julia Lane & Bruce A. Weinberg & Nikolas Zolas, 2019. "Proximity and economic activity: An analysis of vendor‐university transactions," Journal of Regional Science, Wiley Blackwell, vol. 59(1), pages 163-182, January.
    9. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    10. Rebecca M. Henderson & Richard G. Newell, 2011. "Accelerating Energy Innovation: Insights from Multiple Sectors," NBER Books, National Bureau of Economic Research, Inc, number hend09-1, July.
    11. Paula Stephan & Giuseppe Scellato & Chiara Franzoni, 2014. "International Competition for PhDs and Postdoctoral Scholars: What Does (and Does Not) Matter," NBER Chapters, in: Innovation Policy and the Economy, Volume 15, pages 73-113, National Bureau of Economic Research, Inc.
    12. Ganslandt, Mattias, 2008. "Intellectual Property Rights and Competition Policy," Working Paper Series 726, Research Institute of Industrial Economics.
    13. Roy Chowdhury, Prabal, 2009. "Land Acquisition: Fragmentation, Political Intervention and Holdout," MPRA Paper 18951, University Library of Munich, Germany.
    14. Rebecca M. Henderson & Richard G. Newell, 2011. "Introduction and Summary to "Accelerating Energy Innovation: Insights from Multiple Sectors"," NBER Chapters, in: Accelerating Energy Innovation: Insights from Multiple Sectors, pages 1-23, National Bureau of Economic Research, Inc.
    15. Donald Patton & Martin Kenney, 2010. "The Role of the University in the Genesis and Evolution of Research-based Clusters," Chapters, in: Dirk Fornahl & Sebastian Henn & Max-Peter Menzel (ed.), Emerging Clusters, chapter 9, Edward Elgar Publishing.

  23. Adam B. Jaffe & Josh Lerner & Scott Stern, 2006. "Innovation Policy and the Economy, Volume 6," NBER Books, National Bureau of Economic Research, Inc, number jaff06-1, July.

    Cited by:

    1. Johannes Van Biesebroeck & Aamir Hashmi, 2007. "Market Structure and Innovation: A Dynamic Analysis of the Global Automobile Industry," 2007 Meeting Papers 362, Society for Economic Dynamics.
    2. Hashem, Nawar & Ugur, Mehmet, 2012. "Market Concentration, Corporate Governance and Innovation: Partial and Combined Effects in US-Listed Firms," MPRA Paper 44135, University Library of Munich, Germany, revised Sep 2012.
    3. Mehmet Ugur, 2013. "Governance, market power and innovation: evidence from OECD countries," Chapters, in: Mehmet Ugur (ed.), Governance, Regulation and Innovation, chapter 2, pages 25-57, Edward Elgar Publishing.
    4. Giulio Federico & Fiona Scott Morton & Carl Shapiro, 2019. "Antitrust and Innovation: Welcoming and Protecting Disruption," NBER Working Papers 26005, National Bureau of Economic Research, Inc.
    5. Sascha Samadi, 2016. "A Review of Factors Influencing the Cost Development of Electricity Generation Technologies," Energies, MDPI, vol. 9(11), pages 1-25, November.
    6. Lee Branstetter & C. Fritz Foley, 2007. "Facts and Fallacies about U.S. FDI in China," NBER Working Papers 13470, National Bureau of Economic Research, Inc.
    7. Aamir Rafique Hashmi & Johannes Van Biesebroeck, 2016. "The Relationship between Market Structure and Innovation in Industry Equilibrium: A Case Study of the Global Automobile Industry," The Review of Economics and Statistics, MIT Press, vol. 98(1), pages 192-208, March.
    8. Ugur, Mehmet & Trushin, Eshref & Solomon, Edna M. & Guidi, Francesco, 2015. "Inverted-U relationship between innovation and survival: evidence from firm-level UK data," Greenwich Papers in Political Economy 14073, University of Greenwich, Greenwich Political Economy Research Centre.
    9. Mehmet Ugur, 2013. "Governance, regulation and innovation: new perspectives and evidence," Chapters, in: Mehmet Ugur (ed.), Governance, Regulation and Innovation, chapter 1, pages 1-22, Edward Elgar Publishing.
    10. Hashem, Nawar & Ugur, Mehmet, 2012. "Product-market competition, corporate governance and innovation: evidence on US-listed firms," Greenwich Papers in Political Economy 7892, University of Greenwich, Greenwich Political Economy Research Centre.
    11. Ugur, Mehmet, 2012. "Market Power, Governance and Innovation: OECD Evidence," MPRA Paper 44141, University Library of Munich, Germany.
    12. John Scott, 2009. "Competition in Research and Development: A Theory for Contradictory Predictions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 34(2), pages 153-171, March.
    13. Nawar Hashem & Mehmet Ugur, 2013. "Corporate governance and innovation in US-listed firms: the mediating effects of market concentration," Chapters, in: Mehmet Ugur (ed.), Governance, Regulation and Innovation, chapter 4, pages 86-121, Edward Elgar Publishing.
    14. Natália Barbosa & Ana Paula Faria & Vasco Eiriz, 2013. "Industry - and firm-specific factors of innovation novelty," NIPE Working Papers 10/2013, NIPE - Universidade do Minho.
    15. Vidita Choudhry & Todd A. Ponzio, 2020. "Modernizing federal technology transfer metrics," The Journal of Technology Transfer, Springer, vol. 45(2), pages 544-559, April.

  24. Josh Lerner & Raghuram Rajan, 2006. "Corporate Alliances," NBER Books, National Bureau of Economic Research, Inc, number lern06-1, July.

    Cited by:

    1. Mitchell A. Petersen & Raghuram G. Rajan, 2002. "Does Distance Still Matter? The Information Revolution in Small Business Lending," Journal of Finance, American Finance Association, vol. 57(6), pages 2533-2570, December.
    2. Mitchell A. Petersen, 2000. "Does distance still matter? the information revolution in small business lending?," Proceedings 679, Federal Reserve Bank of Chicago.
    3. Ursel Baumann & Glenn Hoggarth & Darren Pain, 2005. "The substitution of bank for non-bank corporate finance: evidence for the United Kingdom," Bank of England working papers 274, Bank of England.

  25. Paul Gompers & Josh Lerner, 2006. "The Venture Capital Cycle, 2nd Edition," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262572389, December.

    Cited by:

    1. Väänänen, Lotta, 2003. "Agency Costs and R&D: Evidence from Finnish SMEs," Discussion Papers 859, The Research Institute of the Finnish Economy.
    2. Jiro Kondo & Danielle Li & Dimitris Papanikolaou, 2021. "Trust, Collaboration, and Economic Growth," Management Science, INFORMS, vol. 67(3), pages 1825-1850, March.
    3. Aghion, Philippe & Boneva, Lena & Breckenfelder, Johannes & Laeven, Luc & Olovsson, Conny & Popov, Alexander & Rancoita, Elena, 2022. "Financial Markets and Green Innovation," Working Paper Series 2686, European Central Bank.
    4. Koskinen, Yrjo & Rebello, Michael J. & Wang, Jun, 2006. "Private Information and Bargaining Power in Venture Capital Financing," SIFR Research Report Series 45, Institute for Financial Research, revised 08 Feb 2011.
    5. DRÈZE, Jacques & MINELLI, Enrico & TIRELLI, Mario, 2004. "Production and financial policies under asymmetric information," LIDAM Discussion Papers CORE 2004027, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    6. Dessi, Roberta, 2009. "Contractual Execution, Strategic Incompleteness and Venture Capital," TSE Working Papers 09-075, Toulouse School of Economics (TSE).
    7. Ljungqvist, Alexander & Chemla, Gilles & Habib, Michel, 2002. "An Analysis of Shareholder Agreements," CEPR Discussion Papers 3457, C.E.P.R. Discussion Papers.
    8. Prelipcean, Gabriela & Boscoianu, Mircea, 2019. "Aspect Regarding the Design of Active Strategies for Venture Capital Financing – the Flexible Adjustment for Romania as a Frontier Capital Market," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2019), Rovinj, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Rovinj, Croatia, 12-14 September 2019, pages 187-196, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
    9. Casamatta, Catherine & Haritchabalet, Carole, 2007. "Experience, screening and syndication in venture capital investments," Journal of Financial Intermediation, Elsevier, vol. 16(3), pages 368-398, July.
    10. Marco Ceccagnoli & Matthew J. Higgins & Hyunsung D. Kang, 2015. "Corporate Venture Capital as a Real Option in the Markets for Technology," NBER Working Papers 21424, National Bureau of Economic Research, Inc.
    11. Oscar M. Valencia, 2014. "R&D Investment and Financial Frictions," Borradores de Economia 11840, Banco de la Republica.
    12. Carlino, Gerald & Kerr, William R., 2015. "Agglomeration and innovation," Bank of Finland Research Discussion Papers 27/2015, Bank of Finland.
    13. Dessi, Roberta, 2004. "Start-up Finance, Monitoring and Collusion," IDEI Working Papers 264, Institut d'Économie Industrielle (IDEI), Toulouse.
    14. Ralf Becker & Thomas Hellmann, 2003. "The Genesis of Venture Capital - Lessons from the German Experience," CESifo Working Paper Series 883, CESifo.
    15. Emmanuelle Dubocage & Géraldine Galindo, 2008. "Le rôle des capital-risqueurs dans l'isomorphisme stratégique des "biotechs"," Revue Finance Contrôle Stratégie, revues.org, vol. 11(4), pages 5-30, December.
    16. Orman, Cuneyt, 2008. "Organization of Innovation and Capital Markets," MPRA Paper 22848, University Library of Munich, Germany, revised 21 May 2010.
    17. Luukkonen, Terttu, 2007. "Understanding Strategies of the Venture Capital Investors in Helping Their Portfolio Firms to Become International," Discussion Papers 1099, The Research Institute of the Finnish Economy.
    18. Alexander Ljungqvist & Matthew Richardson, 2003. "The cash flow, return and risk characteristics of private equity," NBER Working Papers 9454, National Bureau of Economic Research, Inc.
    19. Rodolfo Apreda, 2002. "Incremental cash flows, information sets and conflicts of interest," CEMA Working Papers: Serie Documentos de Trabajo. 220, Universidad del CEMA.
    20. Fabrizi, Simona & Lippert, Steffen & Norbäck, Pehr-Johan & Persson, Lars, 2008. "Venture Capitalists, Asymmetric Information, and Ownership in the Innovation Process," Working Paper Series 776, Research Institute of Industrial Economics.
    21. Maunula, Mari, 2006. "The Perceived Value-added of Venture Capital Investors. Evidence from Finnish Biotechnology Industry," Discussion Papers 1030, The Research Institute of the Finnish Economy.
    22. José Martí Pellón & Marina Balboa, 2001. "Determinants Of Private Equity Fundraising In Western Europe," Working Papers. Serie AD 2001-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    23. Gabriela Prelipcean & Mircea Boscoianu, 2020. "Risk Analysis of a Hedge Fund Oriented on Sustainable and Responsible Investments for Emerging Markets," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(55), pages 653-653, August.
    24. Aleksandar Bradic, 2012. "The Role of Social Feedback in Financing of Technology Ventures," Papers 1301.2196, arXiv.org.
    25. Juha-Pekka Niinimäki & Tuomas Takalo, 2007. "Benchmarking and Comparing Entrepreneurs with Incomplete Information," Finnish Economic Papers, Finnish Economic Association, vol. 20(2), pages 91-107, Autumn.
    26. André Gygax & Anna Griffiths, 2007. "Do venture capitalists imitate portfolio size?," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 21(1), pages 69-94, March.
    27. Fryges, Helmut & Kohn, Karsten & Ullrich, Katrin, 2012. "The interdependence of R&D activity and debt financing of young firms," ZEW Discussion Papers 12-016, ZEW - Leibniz Centre for European Economic Research.
    28. Tobias Kruft & Alexander Kock, 2019. "Towards A Comprehensive Categorisation Of Corporate Incubators: Evidence From Cluster Analysis," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(08), pages 1-28, December.
    29. Mark Mietzner & Denis Schweizer, 2014. "Hedge funds versus private equity funds as shareholder activists in Germany — differences in value creation," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 38(2), pages 181-208, April.
    30. Koskinen, Yrjö & Rebello, Michael & Wang, Jun, 2006. "Venture Capital Financing: The Role of Bargaining Power and the Evolution of Informational Asymmetry," CEPR Discussion Papers 5806, C.E.P.R. Discussion Papers.
    31. Raymond C. Niles, 2018. "Entrepreneurial Discovery Capital," Working Papers 2018-03, DePauw University, School of Business and Leadership and Department of Economics and Management.
    32. Cuneyt Orman, 2010. "Organization of Innovation and Capital Markets (Teknolojik Yeniligin Orgutlenmesi ve Sermaye Piyasalari)," Working Papers 1010, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    33. Jeremy Greenwood & Pengfei Han & Juan M Sanchez, 2018. "Financing Ventures," Economie d'Avant Garde Research Reports 29, Economie d'Avant Garde.
    34. Luukkonen, Terttu & Maunula, Mari, 2007. "Non-financial Value-added of Venture Capital: A Comparative Study of Different Venture Capital Investors," Discussion Papers 1067, The Research Institute of the Finnish Economy.
    35. Gil Avnimelech & Morris Teubal, 2004. "Venture capital start-up co-evolution and the emergence & development of Israel's new high tech cluster," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(1), pages 33-60.
    36. Terttu Luukkonen, & Mari Maunula,, 2006. "Coaching Small Biotech Companies into Success: The Value-adding Function of VC," Discussion Papers 1032, The Research Institute of the Finnish Economy.
    37. Iftekhar Hasan & Haizhi Wang, 2008. "The US bankruptcy law and private equity financing: empirical evidence," Small Business Economics, Springer, vol. 31(1), pages 5-19, June.
    38. Engel, Dirk, 2002. "Zur Rolle von Beteiligungskapitalgebern in ihren Portfoliounternehmen: Eine ökonometrische Analyse," ZEW Discussion Papers 02-58, ZEW - Leibniz Centre for European Economic Research.
    39. Ali-Yrkkö, Jyrki & Hyytinen, Ari & Liukkonen, Johanna, 2001. "Exiting Venture Capital Investments: Lessons from Finland," Discussion Papers 781, The Research Institute of the Finnish Economy.
    40. Dimitris Papanikolaou, 2015. "Cooperation Cycles: A theory of endogenous investment shocks," 2015 Meeting Papers 71, Society for Economic Dynamics.
    41. Paul Gompers & Anna Kovner & Josh Lerner & David Scharfstein, 2006. "Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs," NBER Working Papers 12592, National Bureau of Economic Research, Inc.
    42. Braunerhjelm, Pontus & Parker, Simon, 2010. "Josh Lerner: Recipient of the 2010 Global Award for Entrepreneurship Research," Working Paper Series in Economics and Institutions of Innovation 233, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    43. David B. Audretsch & Werner Bönte & Prashanth Mahagaonkar, 2007. "Nascent Entrepreneurs, Innovation and Financing Constraints," DRUID Working Papers 07-09, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    44. Cuny, Charles J. & Talmor, Eli, 2007. "A theory of private equity turnarounds," Journal of Corporate Finance, Elsevier, vol. 13(4), pages 629-646, September.
    45. Gomes Santana Félix, Elisabete, 2005. "Caracterização do mercado de capital de risco na Europa [European venture capital market characterization]," MPRA Paper 6184, University Library of Munich, Germany.
    46. Cécile Carpentier & Jean-Marc Suret, 2004. "Bypassing the Financial Growth Cycle: Evidence from Capital Pool Companies," CIRANO Working Papers 2004s-48, CIRANO.
    47. Onesun Steve Yoo & Tingliang Huang & Kenan Arifoğlu, 2021. "A Theoretical Analysis of the Lean Start-up Method," Marketing Science, INFORMS, vol. 40(3), pages 395-412, May.
    48. Block, Joern & Sandner, Philipp & De Vries, Geertjan, 2010. "Venture capital and the financial crisis: an empirical study across industries and countries," MPRA Paper 20287, University Library of Munich, Germany.
    49. Luukkonen, Terttu, 2008. "Different Types of Venture Capital Investors and Value-added to High-Tech Portfolio Firms," Discussion Papers 1149, The Research Institute of the Finnish Economy.

  26. Adam B. Jaffe & Josh Lerner & Scott Stern (ed.), 2006. "Innovation Policy and the Economy, Volume 6," MIT Press Books, The MIT Press, edition 1, volume 6, number 0262101181, December.

    Cited by:

    1. Johannes Van Biesebroeck & Aamir Hashmi, 2007. "Market Structure and Innovation: A Dynamic Analysis of the Global Automobile Industry," 2007 Meeting Papers 362, Society for Economic Dynamics.
    2. Giulio Federico & Fiona Scott Morton & Carl Shapiro, 2019. "Antitrust and Innovation: Welcoming and Protecting Disruption," NBER Working Papers 26005, National Bureau of Economic Research, Inc.
    3. Aamir Rafique Hashmi & Johannes Van Biesebroeck, 2016. "The Relationship between Market Structure and Innovation in Industry Equilibrium: A Case Study of the Global Automobile Industry," The Review of Economics and Statistics, MIT Press, vol. 98(1), pages 192-208, March.
    4. Vidita Choudhry & Todd A. Ponzio, 2020. "Modernizing federal technology transfer metrics," The Journal of Technology Transfer, Springer, vol. 45(2), pages 544-559, April.
    5. Richard B. Freeman, 2010. "What Does Global Expansion of Higher Education Mean for the United States?," NBER Chapters, in: American Universities in a Global Market, pages 373-404, National Bureau of Economic Research, Inc.

  27. Adam B. Jaffe & Josh Lerner & Scott Stern, 2005. "Innovation Policy and the Economy, Volume 5," NBER Books, National Bureau of Economic Research, Inc, number jaff05-1, July.

    Cited by:

    1. Heisey, Paul W. & Day-Rubenstein, Kelly A. & King, John L., 2006. "Government Patenting And Technology Transfer," Economic Research Report 33597, United States Department of Agriculture, Economic Research Service.
    2. Elisabetta Lodigiani, 2009. "Diaspora Externalities as a Cornerstone of the New Brain Drain Literature," DEM Discussion Paper Series 09-03, Department of Economics at the University of Luxembourg.
    3. Miniaoui, Hela & Schilirò, Daniele, 2016. "Innovation and Entrepreneurship for the growth and diversification of the GCC Economies," MPRA Paper 71898, University Library of Munich, Germany.

  28. Adam B. Jaffe & Josh Lerner & Scott Stern (ed.), 2004. "Innovation Policy and the Economy, Volume 4," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262600609, December.

    Cited by:

    1. Mohamed Ghali & Maha Ben Jaballah & Nejla Ben Arfa & Annie Sigwalt, 2022. "Analysis of factors that influence adoption of agroecological practices in viticulture," Review of Agricultural, Food and Environmental Studies, Springer, vol. 103(3), pages 179-209, September.
    2. Shuai Shao & Zhigao Hu & Jianhua Cao & Lili Yang & Dabo Guan, 2020. "Environmental Regulation and Enterprise Innovation: A Review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1465-1478, March.
    3. Magdalena Marczewska, 2014. "The Role of Competitors and Customers in the Development of Environmentally Sound Technologies," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 10(2), pages 39-61.
    4. Cameron Hepburn & Jacquelyn Pless & David Popp, 2018. "Policy Brief—Encouraging Innovation that Protects Environmental Systems: Five Policy Proposals," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 154-169.

  29. Adam B. Jaffe & Josh Lerner & Scott Stern, 2004. "Innovation Policy and the Economy, Volume 4," NBER Books, National Bureau of Economic Research, Inc, number jaff04-1, July.

    Cited by:

    1. Beatriz Domínguez & Juan José Ganuza & Gerard Llobet, 2005. "R&D in the pharmaceutical industry: A world of small innovations," Economics Working Papers 936, Department of Economics and Business, Universitat Pompeu Fabra.
    2. Lori Bennear & Robert Stavins, 2007. "Second-best theory and the use of multiple policy instruments," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(1), pages 111-129, May.
    3. Mohamed Ghali & Maha Ben Jaballah & Nejla Ben Arfa & Annie Sigwalt, 2022. "Analysis of factors that influence adoption of agroecological practices in viticulture," Review of Agricultural, Food and Environmental Studies, Springer, vol. 103(3), pages 179-209, September.
    4. Shuai Shao & Zhigao Hu & Jianhua Cao & Lili Yang & Dabo Guan, 2020. "Environmental Regulation and Enterprise Innovation: A Review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1465-1478, March.
    5. Magdalena Marczewska, 2014. "The Role of Competitors and Customers in the Development of Environmentally Sound Technologies," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 10(2), pages 39-61.
    6. Cameron Hepburn & Jacquelyn Pless & David Popp, 2018. "Policy Brief—Encouraging Innovation that Protects Environmental Systems: Five Policy Proposals," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 154-169.

  30. Adam B. Jaffe & Josh Lerner & Scott Stern, 2003. "Innovation Policy and the Economy, Volume 3," NBER Books, National Bureau of Economic Research, Inc, number jaff03-1, July.

    Cited by:

    1. Carol McAusland & Peter J. Kuhn, 2009. "Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers," NBER Working Papers 15486, National Bureau of Economic Research, Inc.
    2. Gilbert, Richard J, 2007. "Competition and Innovation," Department of Economics, Working Paper Series qt9xh5p5p9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    3. Andrew T. Young & Matthew J. Higgins & Donald J. Lacombe & Briana Sell, 2014. "The Direct and Indirect Effects of Small Business Administration Lending on Growth: Evidence from U.S. County-Level Data," NBER Working Papers 20543, National Bureau of Economic Research, Inc.
    4. Zhiyi Qiu & Rong Chen & Ye Yang, 2021. "Going Abroad, Friends on Board: Cross-Border Venture Capital and Syndication Strategy in China," SAGE Open, , vol. 11(2), pages 21582440211, April.
    5. Engberg, Erik & Halvarsson, Daniel & Tingvall, Patrik, 2017. "Direct and Indirect Effects of Private- and Government Sponsored Venture Capital," Ratio Working Papers 288, The Ratio Institute.
    6. Matthew J. Higgins & Donald J. Lacombe & Briana S. Stenard & Andrew T. Young, 2021. "Evaluating the effects of Small Business Administration lending on growth," Small Business Economics, Springer, vol. 57(1), pages 23-45, June.
    7. Bouis, Romain, 2003. "IPOs cycle and investment in high-tech industries," CFS Working Paper Series 2003/47, Center for Financial Studies (CFS).

  31. Adam B. Jaffe & Josh Lerner & Scott Stern (ed.), 2003. "Innovation Policy and the Economy, Volume 3," MIT Press Books, The MIT Press, edition 1, volume 3, number 026260051x, December.

    Cited by:

    1. Carol McAusland & Peter J. Kuhn, 2009. "Bidding for Brains: Intellectual Property Rights and the International Migration of Knowledge Workers," NBER Working Papers 15486, National Bureau of Economic Research, Inc.
    2. Gilbert, Richard J, 2007. "Competition and Innovation," Department of Economics, Working Paper Series qt9xh5p5p9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    3. Andrew T. Young & Matthew J. Higgins & Donald J. Lacombe & Briana Sell, 2014. "The Direct and Indirect Effects of Small Business Administration Lending on Growth: Evidence from U.S. County-Level Data," NBER Working Papers 20543, National Bureau of Economic Research, Inc.
    4. Zhiyi Qiu & Rong Chen & Ye Yang, 2021. "Going Abroad, Friends on Board: Cross-Border Venture Capital and Syndication Strategy in China," SAGE Open, , vol. 11(2), pages 21582440211, April.
    5. Engberg, Erik & Halvarsson, Daniel & Tingvall, Patrik, 2017. "Direct and Indirect Effects of Private- and Government Sponsored Venture Capital," Ratio Working Papers 288, The Ratio Institute.
    6. Matthew J. Higgins & Donald J. Lacombe & Briana S. Stenard & Andrew T. Young, 2021. "Evaluating the effects of Small Business Administration lending on growth," Small Business Economics, Springer, vol. 57(1), pages 23-45, June.
    7. Bouis, Romain, 2003. "IPOs cycle and investment in high-tech industries," CFS Working Paper Series 2003/47, Center for Financial Studies (CFS).

  32. Adam B. Jaffe & Josh Lerner & Scott Stern, 2002. "Innovation Policy and the Economy, Volume 2," NBER Books, National Bureau of Economic Research, Inc, number jaff02-1, July.

    Cited by:

    1. Stefano Comino & ?Fabio Manenti & ?Antonio Nicol•, 2007. "Sequential innovations with unobservable follow-on investments," "Marco Fanno" Working Papers 0041, Dipartimento di Scienze Economiche "Marco Fanno".
    2. Payot, Frederic & Szalay, Dezso, 2008. "Sequential Innovations and Intellectual Property Rights," Economic Research Papers 269862, University of Warwick - Department of Economics.
    3. Claude Henry, 2004. "Propriété intellectuelle et développement ou comment imposer au monde un système perverti," Revue d’économie du développement, De Boeck Université, vol. 12(3), pages 121-144.
    4. Claude Henry, 2003. "Convient-il de breveter les gènes ? Une analyse économique," Working Papers hal-00242946, HAL.
    5. Michiel Bijlsma & Paul de Bijl & Viktoria Kocsis, 2009. "Concurrentie, innovatie en intellectuele eigendomsrechten in software markten," CPB Document 181, CPB Netherlands Bureau for Economic Policy Analysis.
    6. Keith N. Hylton & Haizhen Lin, 2008. "Innovation and Optimal Punishment, with Antitrust Applications," Working Papers 2008-09, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
    7. Murat Yildizoglu & Bernard Jullien & Yannick Lung & Marie Claude Belis-Bergouignan, 2009. "Reinforcing the patent system? Effects of patent fences and knowledge diffusion on the development of new industries, technical progress and social welfare," Post-Print hal-01136366, HAL.
    8. Henkel, Joachim & von Hippel, Eric, 2003. "Welfare Implications of User Innovation," CEPR Discussion Papers 4063, C.E.P.R. Discussion Papers.
    9. Abraham Garcia Torres, 2016. "RIO Country Report 2015: Israel," JRC Research Reports JRC101239, Joint Research Centre.
    10. Brueggemann, Julia & Meub, Lukas, 2015. "Experimental evidence on the effects of innovation contests," University of Göttingen Working Papers in Economics 251, University of Goettingen, Department of Economics.
    11. Frédéric Docquier & Elisabetta Lodigiani, 2010. "Skilled Migration and Business Networks," Open Economies Review, Springer, vol. 21(4), pages 565-588, September.
    12. Jackie Krafft, 2005. "Innovation, coopération temporaire et processus de concurrence," Post-Print hal-00203618, HAL.
    13. Alberto Galasso, 2007. "Broad Cross-License Agreements andPersuasive Patent Litigation: Theory andEvidence from the Semiconductor Industry," STICERD - Economics of Industry Papers 45, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    14. Diego Martínez-López & Manuel Palazuelos-Martínez, 2019. "Breaking with the Past in Smart Specialisation: A New Model of Selection of Business Stakeholders Within the Entrepreneurial Process of Discovery," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1643-1656, December.
    15. Michele Boldrin & David K. Levine, 2004. "IER Lawrence Klein Lecture: the case against intellectual monopoly," Staff Report 339, Federal Reserve Bank of Minneapolis.
    16. Brueggemann, J. & Crosetto, P. & Meub, L. & Bizer, K., 2015. "Intellectual property rights hinder sequential innovation: experimental evidence," Working Papers 2015-01, Grenoble Applied Economics Laboratory (GAEL).
    17. Peter Møllgaard & Jo Lorentzen, 2005. "Competition Policy and Innovation," CIE Discussion Papers 2005-12, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
    18. Ganslandt, Mattias, 2008. "Intellectual Property Rights and Competition Policy," Working Paper Series 726, Research Institute of Industrial Economics.
    19. Kai-Lung Hui, 2002. "On the Supply of Creative Work: Evidence from the Movies," American Economic Review, American Economic Association, vol. 92(2), pages 217-220, May.
    20. Nisvan Erkal, 2003. "The Decision to Patent, Cumulative Innovation,and Optimal Policy," Department of Economics - Working Papers Series 877, The University of Melbourne.
    21. Eckert, Andrew & Klumpp, Tilman & Su, Xuejuan, 2016. "An Equilibrium Selection Theory of Monopolization," Working Papers 2016-13, University of Alberta, Department of Economics.
    22. Graevenitz, Georg von, 2005. "Integrating competition policy and innovation policy: the case of R&D cooperation," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 35, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    23. Sung-Bae Mun & M. Ishaq Nadiri, 2002. "Information Technology Externalities: Empirical Evidence from 42 U.S. Industries," NBER Working Papers 9272, National Bureau of Economic Research, Inc.
    24. Ilya Segal & Michael D. Whinston, 2007. "Antitrust in Innovative Industries," American Economic Review, American Economic Association, vol. 97(5), pages 1703-1730, December.
    25. Patrick Beschorner, 2008. "Optimal patent length and height," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 35(3), pages 233-240, July.
    26. Ivan Png & Qiu-hong Wang, 2007. "Copyright Duration and the Supply of Creative Work," Levine's Working Paper Archive 321307000000000478, David K. Levine.
    27. Jason C. Hsu & Eduardo S. Schwartz, 2003. "A Model of R&D Valuation and the Design of Research Incentives," NBER Working Papers 10041, National Bureau of Economic Research, Inc.
    28. Dominique Foray & Xabier Goenaga, 2013. "The goals of Smart Specialisation," JRC Research Reports JRC82213, Joint Research Centre.
    29. Lach, Saul & Trajtenberg, Manuel & Shiff, Gil, 2008. "Together but Apart: ICT and Productivity Growth in Israel," CEPR Discussion Papers 6732, C.E.P.R. Discussion Papers.
    30. Claude Henry, 2004. "Propriété intellecutelle et développement ou comment imposer au mon un système perverti," Working Papers hal-00242943, HAL.
    31. Mueller-Langer, Frank, 2011. "Neglected infectious diseases: are push and pull incentive mechanisms suitable for promoting research?," MPRA Paper 40193, University Library of Munich, Germany.
    32. Lee, Boon-Chye, 2002. "Regulation and the New Economy," Economics Working Papers wp02-18, School of Economics, University of Wollongong, NSW, Australia.

  33. Adam B. Jaffe & Jenny Lanjouw & Josh Lerner, 2001. "The Patent System and Innovation," NBER Books, National Bureau of Economic Research, Inc, number jaff01-2, July.

    Cited by:

    1. David Encaoua & Dominique Guellec & Catalina Martínez, 2006. "Patent Systems for Encouraging Innovation: Lessons from Economic Analysis," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00177614, HAL.
    2. Christian Sternitzke, 2009. "The international preliminary examination of patent applications filed under the Patent Cooperation Treaty — a proxy for patent value?," Scientometrics, Springer;Akadémiai Kiadó, vol. 78(2), pages 189-202, February.
    3. Walter G. Park & Peter Hingley, 2009. "Patent family data and statistics at the European Patent Office," Working Papers 2009-08, American University, Department of Economics.

  34. Adam B. Jaffe & Josh Lerner & Scott Stern, 2001. "Innovation Policy and the Economy, Volume 1," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262600412, December.

    Cited by:

    1. Zweimüller, Josef & Foellmi, Reto, 2005. "Income Distribution and Demand-Induced Innovations," CEPR Discussion Papers 4985, C.E.P.R. Discussion Papers.
    2. Ottaviano, Gianmarco & Campo, Francesco & Mendola, Mariapia & Morrison, Andrea, 2020. "Immigrant Inventors and Diversity in the Age of Mass Migration," CEPR Discussion Papers 14916, C.E.P.R. Discussion Papers.
    3. Heisey, Paul W. & Day-Rubenstein, Kelly A. & King, John L., 2006. "Government Patenting And Technology Transfer," Economic Research Report 33597, United States Department of Agriculture, Economic Research Service.
    4. Bleier, Alexander & Goldfarb, Avi & Tucker, Catherine, 2020. "Consumer privacy and the future of data-based innovation and marketing," International Journal of Research in Marketing, Elsevier, vol. 37(3), pages 466-480.
    5. Iain M. Cockburn & Megan J. MacGarvie, 2006. "Entry and Patenting in the Software Industry," NBER Working Papers 12563, National Bureau of Economic Research, Inc.
    6. Lerner, Josh & Zhu, Feng, 2007. "What is the impact of software patent shifts? Evidence from Lotus v. Borland," International Journal of Industrial Organization, Elsevier, vol. 25(3), pages 511-529, June.
    7. Alberto Galasso & Mark Schankerman, 2008. "Patent Thickets and the Market for Innovation: Evidence from Settlement of Patent Disputes," CEP Discussion Papers dp0889, Centre for Economic Performance, LSE.
    8. Bradley, Wendy A. & Kolev, Julian, 2023. "How does digital piracy affect innovation? Evidence from software firms," Research Policy, Elsevier, vol. 52(3).
    9. Cockburn, Iain M. & MacGarvie, Megan J. & Müller, Elisabeth, 2009. "Patent thickets, licensing and innovative performance," ZEW Discussion Papers 08-101 [rev.], ZEW - Leibniz Centre for European Economic Research.
    10. Schmidt, Klaus M., 2009. "Complementary Patents and Market Structure," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 274, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    11. Schankerman, Mark & Galasso, Alberto, 2008. "Patent Thickets, Judicial Enforcement and the Market for Innovation: Theory and Evidence from Patent Litigation," CEPR Discussion Papers 6946, C.E.P.R. Discussion Papers.
    12. Boldrin Michele & Levine David K., 2009. "Does Intellectual Monopoly Help Innovation?," Review of Law & Economics, De Gruyter, vol. 5(3), pages 991-1024, December.
    13. Gersbach, Hans & Schneider, Maik & Schetter, Ulrich, 2015. "How Much Science? The 5 Ws (and 1 H) of Investing in Basic Research," CEPR Discussion Papers 10482, C.E.P.R. Discussion Papers.
    14. Langinier, Corinne, 2006. "Pool of Basic Patents and Follow-Up Innovations," Staff General Research Papers Archive 12647, Iowa State University, Department of Economics.
    15. Ralph Siebert, 2013. "Are Ex Ante and Ex Post Licensing Agreements Useful Instruments to Lessen Uncertainty in R&D?," CESifo Working Paper Series 4535, CESifo.
    16. Angus Chu, 2009. "Effects of blocking patents on R&D: a quantitative DGE analysis," Journal of Economic Growth, Springer, vol. 14(1), pages 55-78, March.
    17. Justus Baron & Cher Li & Shukhrat Nasirov, 2019. "Why do R&D-intensive firms participate in standards organizations? The role of patents and product-market position," Discussion Papers 2019-16, University of Nottingham, GEP.
    18. Czarnitzki, Dirk & Toole, Andrew A., 2006. "Business R&D and the Interplay of R&D Subsidies and Market Uncertainty," ZEW Discussion Papers 06-055, ZEW - Leibniz Centre for European Economic Research.
    19. Daniel Nepelski & Marc Bogdanowicz & Federico Biagi & Paul Desruelle & Giuditta De Prato & Garry Gabison & Giuseppe Piroli & Annarosa Pesole & Nikolaus Thumm & Vincent Van Roy, 2017. "7 ways to boost digital innovation and entrepreneurship in Europe. Key messages from the European innovation policies for the digital shift project," JRC Research Reports JRC104899, Joint Research Centre.
    20. Litan, Robert E. & Shapiro, Carl, 2001. "Antitrust Policy During the Clinton Administration," Competition Policy Center, Working Paper Series qt45r5r72p, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    21. Mueller-Langer, Frank, 2011. "Neglected infectious diseases: are push and pull incentive mechanisms suitable for promoting research?," MPRA Paper 40193, University Library of Munich, Germany.
    22. Cesare Righi & Timothy Simcoe, 2022. "Patenting inventions or inventing patents? Continuation practice at the USPTO," Economics Working Papers 1820, Department of Economics and Business, Universitat Pompeu Fabra.

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