Abstract
This paper focuses on a situation in which a firm decides to sell its non-commercialized technology to another firm rather than commercialize it (a latent entrepreneurial firm), and the other firm then adopts the appearance of an emergent entrepreneur. Using U.S. project data from firms funded through the U.S. Small Business Innovation Research (SBIR) program, we find using a qualitative choice model that firms that do not commercialize their newly developed SBIR-funded technology have a greater probability of selling their technology to another firm. We also identify other covariates with the probability that such a firm will sell their technology.
Original language | English |
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Article number | 120371 |
Number of pages | 6 |
Journal | Technological Forecasting and Social Change |
Volume | 162 |
Early online date | 10 Oct 2020 |
DOIs | |
Publication status | Published - 1 Jan 2021 |
Keywords
- Commercialization
- Emergent entrepreneurship
- Latent entrepreneurship
- Sbir
- Entrepreneurship
- Innovation
- R&D
- R&D Management