Detail When Does Start-Up Innovation Spur The Gate of Creative Destruction ?   Oleh:  Hsu, David H. ; Gans, Joshua S. ; Stern, Scott Jenis: Article from Bulletin/Magazine Dalam koleksi: The Rand Journal of Economics vol. 33 no. 4 (2002), page 571-586. Topik: innovation; innovation; gale; creative destruction Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: RR10.7 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This article studies the determinants of commercialization strategy for start-up innovators. We examine whether the returns on innovation are earned through product market competition or through cooperation with established firms (through licensing, alliances, or acquisition). Our hypotheses are that the relative returns to cooperation are increasing in : (i) control over intellectual property rights, (ii) low transaction costs, and (iii) sunk costs associated with product market entry. Using a novel dataset of the commercialization strategies of start - up innovators, our results suggest that the procompetitive impact of start - up innovation - the gale of creative destruction - depends on imperfections in the market for ideas. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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