This study investigates whether patents can be a useful signaling tool for the IPO performances among high- and low-tech firms. Literature has provided a wealth of evidence confirming a significant relationship between patent signal and capital-raising success for US and EU venture...

The technology commercialisation process at universities in developing countries often requires improvement owing to their tendency to adopt models commonly used in developed countries. Besides being less contextual, the existing technology commercialisation models is also not practical because...