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We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...
Persistent link: https://www.econbiz.de/10004964394
No abstract.
Persistent link: https://www.econbiz.de/10010818547
This paper analyzes the simultaneous relationship between R&D and foreign sales in Swedish multinational enterprises in the manufacturing sector. We argue that this two-way relationship should especially apply to multinationals based in small open economies due to the firms' high dependence on...
Persistent link: https://www.econbiz.de/10010600204
In this paper, I analyze the commercialization of patents in the Swedish medicine & hygiene sector. A unique database makes it possible to use a new method, where I follow the commercialization process of individual patents. A surprisingly low share (10%) of the inventions was discovered at...
Persistent link: https://www.econbiz.de/10005645394
of invention, innovation (commercialization) and imitation. We show why there is a rationale for the Schumpeterian … entrepreneur to also include the inventor in the innovation process. In addition, we provide a framework where the theories of … possibilities of successful commercialization since the inventor may further adapt the innovation to customer needs, transmit …
Persistent link: https://www.econbiz.de/10005645420