Research Papers

  • Growth of Firms under Injunction Risk

    By Fred Bereskin, Po-Hsuan Hsu, and Huijun Wang

    The use of an injunction during a patent dispute is one of the most valuable remedies available to plaintiffs, as alleged infringers are prohibited to make, use, or sell the item that infringes the covered patent. Injunctions were frequently awarded from the 1990s until 2006, alongside increased patent litigation.

  • Competing for Talent: Large Firms and Startup Growth

    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?

  • Do Patent Assets have a Second Life When Startups Fail? An Analysis of the Redeployment Likelihood and Mode of Transfer

    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.

  • Dynamics of High-Growth Young Firms and the Role of Venture Capitalists

    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.

  • Is Distance from Innovation a Barrier to the Adoption of Artificial Intelligence?

    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.

  • Research: The Risks of Founding a Startup Near Big Companies

    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.

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