Séminaire KTO-GREDEG-OFCE - Francesco Di Lorenzo (Copenhagen Business School)
Quand ? |
Le 06-12-2016, de 12:00 à 14:00 |
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Où ? | Skema - Room 347 |
S'adresser à | Bruno Cirillo |
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Séminaire KTO-GREDEG-OFCE - Francesco Di Lorenzo (Copenhagen Business School)
Abstract: This paper attempts to understand the joint effect of inventors’ mobility and corporate venture capital (CVC) investments on the extent to which start-ups use the knowledge resources of their investor as input for their innovation activities. Using a sample of semiconductor ventures between 1990 and 2003, our results suggest that ventures receiving CVC investments exhibit greater knowledge utilization from that specific investor. However, when a CVC investment is combined with inventor mobility from the same corporate investor to the venture, we observe a lower extent to which those ventures utilize their investor’s knowledge resources as input when generating innovation.
joint with Vareska van de Vrande