Entry and innovation: an analysis of the fabless semiconductor business

Entry and innovation: an analysis of the fabless semiconductor business
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DOI:
10.1007/s11187-009-9231-5
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发表时间:
2011-07-01
影响因子:
6.4
通讯作者:
Fontana, Roberto
Fontana, Roberto
中科院分区:
经济学2区
文献类型:
--
作者:
Balconi, Margherita;Fontana, Roberto

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对 1984 年至 2005 年间活跃于无晶圆厂半导体业务的 133 家公司进行了样本研究,研究了进入前经验与专利申请之间的关系。控制风险资本、进入后经验和母公司参与创建新企业等变量后,我们发现创始人受过良好教育的公司在进入后不久获得专利的风险更高。此外,创始人在母公司任职时间较长的公司获得专利的风险相对较高。最后,创始人过去曾进行过创新的公司更有可能进行创新。结果表明,一般人力资本和特定人力资本都是进入前经验的重要先决条件。
The relationship between pre-entry experience and patenting for a sample of 133 firms active in the fabless semiconductor business between 1984 and 2005 is studied. Controlling for variables such as venture capital, post-entry experience and parent involvement in the creation of the new venture, it is found that firms with better educated founders have a higher hazard to patent soon after entry. Additionally, firms whose founders have a longer tenure in the parent firm have a relatively higher hazard of patenting. Finally, firms whose founders have innovated in the past are more likely to innovate. Results suggest that both general and specific human capital are important preconditions of pre-entry experience.