Determinants of invention commercialization: An empirical examination of academically sourced inventions

• 成果类型: Article
• 署名作者: Nerkar, Atul; Shane, Scott
• 署名单位: University of North Carolina; University of North Carolina Chapel Hill; University System of Ohio; Case Western Reserve University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.643
• 发表日期: 2007
• 页码: 1155-1166
• 关键词: technology; INVENTIONS; Commercialization; entrepreneurship

摘要

We examine the attributes of technological inventions that influence their commercialization. Using a unique dataset of the Massachusetts Institute of Technology (MIT)-licensed patents, we show that the likelihood of invention commercialization, which we measure by the achievement of first sale, is positively associated with two characteristics of licensed technological inventions-scope and pioneering nature-and has an inverted U-shaped relationship with the age of the invention. Copyright (C) 2007 John Wiley & Sons, Ltd.