| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16862 |
| DP16862 Caught In The Middle: The Bias Against Startup Innovation With Technical And Commercial Challenges | |
| Thomas Rønde; Ashish Arora; Andrea Fosfuri | |
| 发表日期 | 2022-01-06 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Startups in IT and life sciences appear to be flourishing. However, startups in other sectors, such as new materials, automation, and eco-innovations, which are often called "deep tech", seem to struggle. We argue that innovations with both technical and commercial challenges, typical of deep tech innovations, are especially disadvantaged in a startup-based innovation system. We develop an analytical model where startups are more efficient at solving technical challenges and incumbents are more efficient at solving commercial challenges. We find that the startup-based system works better for "specialized" innovations, where only one type of challenges is significant. Startups which face both technical and commercial challenges are disadvantaged because they capture a smaller fraction of the value they create. We discuss the implications for various public policies that have been proposed to encourage deep tech. |
| 主题 | Industrial Organization |
| 关键词 | Deep tech Startup innovation Acquisition Markets for technology |
| URL | https://cepr.org/publications/dp16862 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545788 |
| 推荐引用方式 GB/T 7714 | Thomas Rønde,Ashish Arora,Andrea Fosfuri. DP16862 Caught In The Middle: The Bias Against Startup Innovation With Technical And Commercial Challenges. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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