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- W4249936829 abstract "This paper explores the effects of firm characteristics on the commercialization management and anticipated innovation returns within small- and medium-sized enterprises (SMEs). Our results suggest that young and small firms tend to be more innovative and have higher expectation for anticipated returns despite their less systematic management. By contrast, medium-sized firms are more likely to formalize their management, yet they have lower anticipated returns. Small equity-financed firms tend to approach a more systematic management of commercialization and anticipate high returns. Mature firms pursue a less systematic approach and anticipate lower returns. Overall, our findings show that firm characteristics such as size, age, R&D level, type of financing, innovation novelty and protection of intellectual properties play a significant role in the commercialization process. Employing an updated typology, this study provides additional insights into the firms' commercialization management and sheds some light on the owner-managers' anticipated returns from innovation." @default.
- W4249936829 created "2022-05-12" @default.
- W4249936829 creator A5076732084 @default.
- W4249936829 date "2014-11-25" @default.
- W4249936829 modified "2023-10-16" @default.
- W4249936829 title "Determinants of Innovation Commercialization Management and Anticipated Returns: An Exploratory Typology of SMEs" @default.
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- W4249936829 doi "https://doi.org/10.1142/s0219877014500424" @default.
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