We reassess the respective gains from R&D cooperation and competition in a Cournot Duopoly with homogeneous goods, where firms adopt a concave cost-reducing R&D technology. Contrary to the previous literature on the same topic, our main results are that (i) no corner solutions emerge and (ii) cooperation, in the form of either a cartel or a joint venture, is always profitable for firms and (iii...

Mobius Microsystems is a fabless and intellectual property (IP) semiconductor company founded by a graduate student (McCorquodale) and his faculty advisor (Brown) and based upon the dissertation research conducted by the student. The company is presented by the founding researchers as a case study in the commercialization of graduate research in electrical engineering. While a previous paper by...

Regulatory uncertainty about a technology confronts new technology-based firms (NTBFs) with questions of whether or not to adopt this technology. Following institutional theory, NTBFs are expected until regulatory has been reduced. However, following the resource-based view, under due limited no regulation, as provides them an opportunity secure competitive resources. We investigate enabled inh...

Entrepreneurial Orientation (EO) has received substantial conceptual and empirical attention, representing one of the few areas in entrepreneurship research in which a cumulative body of knowledge is developing. Nonetheless, an important message from past research is that simply examining the direct effect of EO on firm performance provides an incomplete picture, especially in the case of new v...

v irtual reality in public entertainment has been called a zero-billion dollar industry. For three or four years, we've read and heard a lot of hype about the potential profits in taking VR technology developed for the military and using it to make people smile. But as yet only a handful of companies have attempted to create systems that can generate profits as well as graphics. Here's a look a...

This paper summarises a sequence of studies of technology trade and strategies for acquisition and exploitation of technology in large corporations in Sweden, the USA and Japan during the 1980s and 1990s. Licensing in and out, and technology trade more generally, have old origins but have played only a marginal role in most companies across industries as a co-evolving complement rather than sub...

This study examines the effects of formal structure on the performance of new ventures in the emergent Internet sector during the years 1996–2001. Burns and Stalker (1961) argued that in dynamic economic sectors, firms with organic structures are more effective than those with more mechanistic structures. We suggest this proposition does not hold for new ventures in turbulent, emergent economic...