Why do knowledge-intensive entrepreneurial firms publish their innovative ideas?

Christopher Hayter, Albert N. Link

Research output: Contribution to journalArticlepeer-review

10 Scopus citations

Abstract

Based on a national survey of publicly funded research projects at entrepreneurial firms, nearly 50% of the funded projects lead to publications relating to underlying research, an effect more pronounced among university-affiliated firms. The fact that knowledge-intensive entrepreneurial firms publish their innovative ideas seems counterintuitive because publishing discloses ideas important to their market position. The literature holds at least two explanations for why such firms publish: Firms use competitive publication logic to invalidate or preempt intellectual property protection, and (more recently) scholarship holds that entrepreneurial firms use accretive publication logic to attract financial resources, enhance the reputation of in-house scientists, and obtain new technologies critical to the development of new products. After offering explanations as to why knowledge-intensive entrepreneurial firms publish, we examine the benefits and costs of doing so, examine under which conditions firms should publish, and articulate implications for future research.

Original languageEnglish (US)
Pages (from-to)141-155
Number of pages15
JournalAcademy of Management Perspectives
Volume32
Issue number1
DOIs
StatePublished - Feb 1 2018

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Marketing

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