By James Bessen and Felix Poege
Is it better to work for a startup or a well-established large company? Is it better to dive into a startup’s dynamic, fast-paced world, where close-knit teams are the norm and every day brings a new, exciting challenge?
By Carlos J. Serrano and Rosemarie H. Ziedonis
Venture capital-backed startups are fertile sources of patented inventions, yet they often go out of business. Ewens & Farre-Mensa (2022) report that up to 40 percent of startups that received VC financing between 1992 and 2009 shut down and were terminated at a loss.
By Yoshiki Ando
Among all newly established firms in the United States since 1980, only around 0.2% of them have raised venture capital (VC) financing. Nonetheless, VC-backed firms accounted for more than 10% of net employment growth and more than 15% of net payroll growth in the economy.
By Jennifer Hunt, Iain Cockburn, and James Bessen
The extent to which geographic distance is a barrier to technological knowledge transfer is of interest to governments of countries distant from centers of knowledge creation or technology production; to entrepreneurs deciding where to locate a new firm that will need to remain abreast of technological developments; and to national or local policy-makers seeking to influence the decisions of such entrepreneurs.
Jim Bessen, Felix Poege and Ronja Röttger’s article “Research: The Risks of Founding a Startup Near Big Companies”, Harvard Business Review, November 12, 2024.
By Cäcilia Lipowski
Currently, 70% of U.S. firms report difficulties in hiring skilled labor (Manpower Group, 2024), and labor scarcity is expected to aggravate in the future due to demographic change.
Rena Conti, quoted in MedPage Today, September 18, 2024.
Timothy Simcoe, TPRI Faculty Director’s, research cited in Marketing Brew, September 18, 2024.
James Bessen, TPRI Executive Director, interviewed in Value Investing with Legends podcast, PlayerFM, May 31, 2024.
Rena Conti, TPRI Faculty Director quoted in Stateline, May 28, 2024.