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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

    13 Citations (Scopus)
    20 Downloads (Pure)

    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 languageEnglish
    Article number120371
    Number of pages6
    JournalTechnological Forecasting and Social Change
    Volume162
    Early online date10 Oct 2020
    DOIs
    Publication statusPublished - 1 Jan 2021

    Keywords

    • Commercialization
    • Emergent entrepreneurship
    • Latent entrepreneurship
    • Sbir
    • Entrepreneurship
    • Innovation
    • R&D
    • R&D Management

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