Does patenting help high-tech start-ups?

Research Policy

Volumn 40, Issue 7, 2011, Pages 1016-1027

  Helmers, Christian ^a   Rogers, Mark ^b,c  

^a UNIVERSIDAD CARLOS III DE MADRID   (Spain)

^b UNIVERSITY OF OXFORD   (United Kingdom)

^c ASTON UNIVERSITY   (United Kingdom)

Author keywords

Growth; Patents; Start ups

Indexed keywords

FIRM HETEROGENEITY; FIRM PERFORMANCE; PATENTS; SAMPLE SELECTION; START-UPS;

INDUSTRY;

PATENTS AND INVENTIONS;

EID: 79961026190     PISSN: 00487333     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.respol.2011.05.003     Document Type: Article

References (49)

1. L. Abramovsky, R. Harrison, and H. Simpson University research and the location of business R&D Economic Journal 117 519 2007 C114 C141
2. J. Alcácer, and W. Chung Location strategies and knowledge spillovers Management Science 53 5 2007 760 776 (Pubitemid 351159637)
3. J. Anton, and D. Yao Little patents and big secrets: managing intellectual property RAND Journal of Economics 35 1 2004 1 22 (Pubitemid 38670973)
4. L. Anselin, V. Varga, and Z. Acs Local Geographic Spillovers between University Research and High Technology Innovations Journal of Urban Economics 42 2007 422 448
5. A. Arora, M. Ceccagnoli, and W.M. Cohen R and D and the patent premium International Journal of Industrial Organization 26 2008 1153 1179
6. A. Arundel, and I. Kabla What percentage of innovations are patented? Empirical estimates for European firms Research Policy 27 1998 127 141 (Pubitemid 128431009)
7. Auti, E., 2007. High-Growth Entrepreneurship. Background Paper for Imperial College, London, Roundtable on High-Growth Entrepreneurship: The Policy Challenge for Europe (downloaded on 31 March 2011 from http//www. sciencebusiness.net/pdf/autio.pdf).
8. T. Astebro The return to independent invention: evidence of unrealistic optimism Risk Seeking or Skewness Loving? Economic Journal 113 484 2003 226 239 (Pubitemid 36137831)
9. M. Balxill, and R. Eckardt The Invisible Edge: Taking your Stratgey to the Next Level Using IP 2009 Penguin Books London
10. S. Belenzon, and T. Berkovitz Innovation in business groups Management Science 56 3 2010 519 535
11. K. Blind, J. Edler, R. Frietsch, and U. Schmoch Motives to patent: empirical evidence from Germany Research Policy 35 2006 655 672 (Pubitemid 43782586)
12. BERR (Department for Business Enterprise and Regulatory Reform), 2008. High Growth Firms in the UK: Lessons from an Analysis of Comparative UK Performance. BERR Economics Paper No. 3.
13. J. Bessen, and M. Meurer Patent Failure 2008 Princeton University Press Princeton
14. M. Boldrin, and D. Levine Against Intellectual Monopoly 2008 Cambridge University Press Cambridge, UK
15. M.S. Dahl, and T. Reichstein Are you experienced? prior experience and the survival of new ogranizations Industry and Innovation 14 5 2007 497 511 (Pubitemid 350226741)
16. M. Das, W. Newey, and F. Vella Nonparametric estimation of sample selection models Review of Economic Studies 70 2003 33 58 (Pubitemid 36101504)
17. R. Disney, J. Haskel, and Y. Heden Entry, exit and establishment survival in UK manufacturing Journal of Industrial Economics 51 1 2003 91 112 (Pubitemid 36836904)
18. H. Ernst Patent applications and subsequent changes of performance: evidence from time-series cross-section analyses on the firm level Research Policy 30 2001 143 157 (Pubitemid 33676871)
19. J. Gans, D. Hsu, and S. Stern When does start-up innovation spur the gale of creative destruction RAND Journal of Economics 33 4 2002 571 586 (Pubitemid 36208909)
20. E. Gimmona, and J. Levieb Founders human capital, external investment, and the survival of new high-technology ventures Research Policy 39 2010 1214 1226
21. Gowers, A., 2006. The Gowers Review of Intellectual Propoerty. Report for the UK Treasury (downloaded on 31 March 2011 from http:www.hm-treasury.gov.uk).
22. S. Graham, and T.M. Sichelman Why do start-ups patent? Berkeley Technology Law Journal 23 3 2008 1064 1097
23. S. Graham, R.P. Merges, P. Samuelson, and T.M. Sichelman High technology entrepreneurs and the patent system: results of the 2008 Berkeley patent survey Berkeley Technology Law Journal 24 4 2010 255 327
24. Greenhalgh, C., Phillips, J., Pitkethly, R., Rogers, M., Tomalin, J., 2010. Intellectual Property Enforcement in Smaller UK Firms. UK IPO, A Report for the Strategy Advisory Board for Intellectual Property Policy (SABIP) (downloaded on 31 March 2011 http://www.ipo.gov.uk/ipresearch-ipenforcement- 201010.pdf).
25. B. Hall Patents and patent policy Oxford Review of Economic Policy 23 4 2007 568 587
26. D. Harhoff Firm formation and regional spillovers - evidence from Germany Economics of Innovation and New Technology 8 1999 27 55
27. J. Heckman The common structure of statistical models of truncation, sample selection and limited dependent variables and a simple estimator for such models Annals of Economic and Social Measurement 5 1976 475 492
28. J. Heckman Sample selection bias as a specification error Econometrica 47 1979 153 161
29. C. Helmers, and M. Rogers Innovation and the survival of new firms in the UK Review of Industrial Organization 36 3 2010 227 248
30. D. Hicks, and D. Hegde Highly innovative small firms in the markets for technology Research Policy 34 5 2005 703 716
31. D. Hsu, and R.H. Ziedonis Patents as quality signals for entrepreneurial ventures. Academy of Management Best Paper Proceedings 2008
32. A. Jaffe Real effects of academic research American Economic Review 79 5 1989 957 970
33. A. Jaffe, and J. Lerner Innovation and Its Discontents: How Our Broken Patent System is Endangering Innovation and Progress, and What to Do About It 2004 Princeton University Press
34. W. Kingston Making patents useful to small firms IP Quarterly 4 2004
35. S. Kösters Subsidizing start-ups: policy targeting and policy effectiveness Journal of Industry, Competition and Trade 10 2010 199 220
36. K. Kultti, T. Takalo, and J. Toikka Secrecy versus patenting RAND Journal of Economics 38 1 2007 22 42
37. R. Mann, and T.W. Sager Patents, venture capital, and software start-ups Research Policy 36 2 2007 193 208 (Pubitemid 46227550)
38. C. Manski Identification for Prediction and Decision 2007 Harvard University Press
39. J. Mata, and P. Portugal Life duration of new firms The Journal of Industrial Economics 42 3 1994 227 245
40. W. Newey Nonparametric continuous/discrete choice models International Economic Review 48 4 2007 1429 1439
41. S. Parker, D.J. Storey, and A. van Witteloostuijn What happens to gazelles? The importance of dynamic management strategy Small Business Economics 35 2010 203 236
42. M. Pfaffermayr Firm growth under sample selection: conditional σ-convergence in firm size? Review of Industrial Organization 31 2008 303 328
43. Pitkethly, R., 2011. UK Intellectual Property Awareness Survey 2010. Report for the UK Intellectual Property Office (downloaded on 4 April 2011 http://www.ipo.gov.uk/ipsurvey2010.pdf).
44. Pro Inno Europe, 2008. High Growth Innovative Enterprises in the EU. Workshop 17-18 November (downloaded on 31 March 2011 http://www.proinno-europe. eu/events/high-growth-innovative-enterprises-eu).
45. S. Robson, and G. Haigh First findings from the UK innovation survey 2007 Economic and Labour Market Review 2 4 2008 47 53
46. M. Rogers, C. Helmers, and C. Greenhalgh An Analysis of the Characteristics of Small and Medium Enterprises that Use Intellectual Property 2007 Oxford Intellectual Property Research Centre
47. P. Rosenbaum, and D. Rubin The central role of the propensity score in observational studies for causal effects Biometrika 70 1 1983 41 55
48. M. Schankerman, and A. Pakes Estimates of the value of patent rights in European countries during the post-1950 period Economic Journal 96 1986 1052 1076
49. C. Schneider, and R. Veugelers On young highly innovative companies - why they matter and how (not) to policy support them Industrial and Corporate Change 19 4 2010 969 1007