Latent technology as an outcome of R&D

James A. Cunningham, Albert N. Link*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

8 Citations (Scopus)
8 Downloads (Pure)


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 languageEnglish
Article number120371
Number of pages6
JournalTechnological Forecasting and Social Change
Early online date10 Oct 2020
Publication statusPublished - 1 Jan 2021


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