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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Do academic entrepreneurs patent their secrets?
T2 - an empirical investigation of patent rationales
AU - Walter, Sascha
AU - Schmidt, Arne
AU - Walter, Achim
PY - 2011
Y1 - 2011
N2 - This study explores why academic entrepreneurs seek patents for their inventions before and after spin-off creation. Specifically, we examine (1) the relative impact of academic, business, and entrepreneurial rationales and (2) changes in patent propensity throughout the founding process. Findings based on 160 technology spin-offs combined with patent data show that some academic and business rationales, but also entrepreneurial rationales (technological uncertainty, tacit knowledge) affect patent propensity. Surprisingly, academic entrepreneurs with patents prior to founding patented less after founding. We discuss the implications of our results both in terms of contribution to the current literature and technology transfer policies.
AB - This study explores why academic entrepreneurs seek patents for their inventions before and after spin-off creation. Specifically, we examine (1) the relative impact of academic, business, and entrepreneurial rationales and (2) changes in patent propensity throughout the founding process. Findings based on 160 technology spin-offs combined with patent data show that some academic and business rationales, but also entrepreneurial rationales (technological uncertainty, tacit knowledge) affect patent propensity. Surprisingly, academic entrepreneurs with patents prior to founding patented less after founding. We discuss the implications of our results both in terms of contribution to the current literature and technology transfer policies.
M3 - Journal article
VL - 31
SP - 403
EP - 417
JO - Frontiers of Entrepreneurship Research
JF - Frontiers of Entrepreneurship Research
IS - 12
M1 - 4
ER -