Do R&D and licensing strategies influence start-ups' growth?
by Dina Pereira; João Leitão; Tessaleno Devezas
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 25, No. 2, 2015

Abstract: The present paper estimates the effects of US start-ups' R&D and licensing strategies on their growth, based on R&D intensity, start-ups' patents and in-licensing and out-licensing activities. To do so, we test a sample of 818 firms included in the Kauffman Foundation Survey, from the high-tech and medium high-tech sectors in the period 2004-2010. We reveal a positive and significant effect of R&D intensity and in-licensing on start-ups' growth. These conclusions are also ratified when controlling the activity sector, which has a major effect on sectors such as high-tech manufacturing industries and high-tech knowledge intensive services.

Online publication date: Fri, 08-May-2015

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Small Business (IJESB):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email