Innovative Activity and Organizational Choice of Entrepreneurial Firms

创业型企业何时以及为什么会选择特定的进入或退出战略？为什么一些公司独立上市，而另一些公司成立合资企业或与更大的公司合并？这些选择对它们的盈利能力、增长和竞争力有何影响？在这项研究中，研究人员将从一些分散的来源收集信息来检查这些问题。这项研究的设计强调(I)创业公司当前的核心技术能力以及这些能力与行业竞争对手的关系，(Ii)专利、保密性和互补性资产的相对重要性，以及(Iii)行业生命周期阶段和资本可用性。除了研究关于进入结构的选择外，研究团队还将研究创业增长和盈利能力与这些类型的基础条件之间的关系。特别是，他们将审查研究的重要性，以及研究的发展，以确定公司的边界。这项研究涉及对创新活动的三种不同衡量标准的符合性：专利活动、专利引用和研发支出。它还涉及使用新的组织关联性衡量标准。由此产生的新的和全面的数据集将作为后续研究人员的研究资源。这一数据集将使研究人员能够探索与小型创业公司和大型现有企业(包括公共和私营企业)的创新和商业活动有关的一些问题。

When and why do entrepreneurial firms choose particular entry or exit strategies? Why do some go to market independently while others form joint ventures or merge with larger firms? What is the impact of these choices on their profitability, growth and competitiveness? In this study, researchers will compile information from a number of dispersed sources to examine these sorts of questions. The design of the study emphasizes (i) entrepreneurial firms' current core technological competencies and the relation of these competencies to industry competitors', (ii) the relative importance of patents, secrecy, and complementary assets, and (iii) industry life cycle stages and capital availability. In addition to examining choices about entry structures, the research team will examine how entrepreneurial growth and profitability are related to these types of underlying conditions. In particular, they will examine the importance of research, and the development of that research, in determining the boundaries of the firm. The study involves complilation of three different measures of innovative activity: patent activity, patent citations, and research and development expenditures. It also involves use of new measures of organizational relatedness. The resulting new and comprehensive data set will be available as a research resource for subsequent researchers. This data set will enable researchers to explore a number of questions related to innovative and commercial activities of small entrepreneurial firms and large incumbents, both public and private.