are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process …

. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …. We also show that commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … entrepreneurial effort allocated to high-quality invention projects. Using data on patents granted to small firms and individuals, we … find evidence that high-quality inventions are sold under preemptive bidding competition. Asymmetric information problems …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … are shown to be solved by verification through entry for sale. -- acquisitions ; entrepreneurship ; innovation ; start …-ups ; patent ; ownership ; quality …

innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …

sell post-entry use entry to credibly reveal information on quality. Incumbents are then willing to pay high prices for … high-quality inventions to preempt rivals from obtaining them. Using Swedish data on patents granted to small firms and … individuals, we find evidence that high-quality inventions are sold under preemptive bidding competition, post entry. …

are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process …

sales price of a developed innovation. This will trigger preemptive acquisitions by incumbents, thus increasing the reward …

innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …