@article{e381452c222b42cf9b4e47205fe669f5,
title = "From discovery to commercialization: accretive intellectual property strategies among small, knowledge-based firms",
abstract = "This paper explores the use of publications and patents and their covariates among small, knowledge-based firms pursuing technology commercialization. It does so through an empirical examination of 1180 small firms{\textquoteright} R&D projects, all of which were funded through Phase II U.S. Small Business Innovation Research (SBIR) awards. As such, the paper responds to recent calls to investigate not only how small, knowledge-based firms utilize specific IP strategies but also how accretive logic specifically differs from competitive publishing and patenting logic.",
keywords = "Intellectual property, L21, L26, O32, O34, Patents, Publications, R&D, Strategy",
author = "Hayter, {Christopher S.} and Link, {Albert N.}",
note = "Funding Information: Correlational relationships among project variables are presented in Table . The positive and significant correlation coefficient between publishing and patenting may imply that the two IP strategies are complementary. Publishing also correlates positively with prior receipt of a Phase I SBIR award (PreviousPhI), university involvement (University), and award intensity (Awardintensity), and negatively with DOD SBIR funding. Patenting correlates positively with commercialization, university involvement (University), and receipt of a phase II award from the NSF, yet negatively with female ownership (Womanowner) and NASA funding. Commercialization is also positively and significantly correlated with academic founders (Academicfounders) and NIH funding, while relationships with the age of the phase II project (Projectyears) and DOD, DOE, and NSF SBIR funding are negative and significant. Funding Information: There are exceptions to the upper limit on both phase I and phase II awards. Often the funding agency can broaden the scope of the initially funded phase II project, thus increasing the total budget above $1 million. It is not uncommon for this to happen among selected phase II projects funded by the Department of Defense. Publisher Copyright: {\textcopyright} 2021, The Author(s), under exclusive licence to Springer Science+Business Media, LLC part of Springer Nature.",
year = "2022",
month = mar,
doi = "10.1007/s11187-021-00446-z",
language = "English (US)",
volume = "58",
pages = "1367--1377",
journal = "Small Business Economics",
issn = "0921-898X",
publisher = "Springer Netherlands",
number = "3",
}