218
edits
Changes
Jump to navigation
Jump to search
}
@article{lerner_private_2013,
title = {Private {Equity} and {Investment} in {Innovation}: {Evidence} from {Patents}},
volume = {25},
copyright = {Copyright © 2013 Cantillon and Mann},
issn = {1745-6622},
shorttitle = {Private {Equity} and {Investment} in {Innovation}},
url = {http://onlinelibrary.wiley.com/doi/10.1111/jacf.12018/abstract},
doi = {10.1111/jacf.12018},
abstract = {The authors' analysis of the patenting activity of 472 companies that received private equity investments between 1986 and 2005 provides suggestive evidence of an increase in the effectiveness (though not necessarily the quantity) of their innovative activities. After such companies received private equity backing, the patents they applied for received more frequent citations than patents awarded before the involvement of PE firms. Companies acquired by private equity also show no sign of deterioration in patent “originality” and “generality,” which have been shown to be fairly reliable indicators of the fundamental nature of the research. And while there is no clear pattern of change in the level of patenting activity, corporate patent portfolios become more focused in the years after the private equity investments. The increases in our measure of patent “impact” are greatest in the areas that constitute the companies' historical core strengths. These findings are likely to prove increasingly important as private equity continues its incursions into growth areas of the economy.},
language = {en},
number = {2},
urldate = {2016-06-17},
journal = {Journal of Applied Corporate Finance},
author = {Lerner, Josh and Sorensen, Morten and Stromberg, Per},
month = jun,
year = {2013},
pages = {95--102},
file = {Full Text PDF:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\BK5KU42K\\Lerner et al. - 2013 - Private Equity and Investment in Innovation Evide.pdf:application/pdf;Snapshot:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\9U6EVZ5U\\abstract.html:text/html}
The Effect of Leverage Buyouts on Innovation (view source)
Revision as of 14:35, 17 June 2016
, 14:35, 17 June 2016→Unsorted
==James==
===Lerner===
====Lerner 2013====
@article{lerner_private_2013,
title = {Private {Equity} and {Investment} in {Innovation}: {Evidence} from {Patents}},
volume = {25},
copyright = {Copyright © 2013 Cantillon and Mann},
issn = {1745-6622},
shorttitle = {Private {Equity} and {Investment} in {Innovation}},
url = {http://onlinelibrary.wiley.com/doi/10.1111/jacf.12018/abstract},
doi = {10.1111/jacf.12018},
abstract = {The authors' analysis of the patenting activity of 472 companies that received private equity investments between 1986 and 2005 provides suggestive evidence of an increase in the effectiveness (though not necessarily the quantity) of their innovative activities. After such companies received private equity backing, the patents they applied for received more frequent citations than patents awarded before the involvement of PE firms. Companies acquired by private equity also show no sign of deterioration in patent “originality” and “generality,” which have been shown to be fairly reliable indicators of the fundamental nature of the research. And while there is no clear pattern of change in the level of patenting activity, corporate patent portfolios become more focused in the years after the private equity investments. The increases in our measure of patent “impact” are greatest in the areas that constitute the companies' historical core strengths. These findings are likely to prove increasingly important as private equity continues its incursions into growth areas of the economy.},
language = {en},
number = {2},
urldate = {2016-06-17},
journal = {Journal of Applied Corporate Finance},
author = {Lerner, Josh and Sorensen, Morten and Stromberg, Per},
month = jun,
year = {2013},
pages = {95--102},
file = {Full Text PDF:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\BK5KU42K\\Lerner et al. - 2013 - Private Equity and Investment in Innovation Evide.pdf:application/pdf;Snapshot:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\9U6EVZ5U\\abstract.html:text/html}
}
===Unsorted===
pages = {299--315},
file = {ScienceDirect Full Text PDF:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\CCNSKDXX\\Van de Gucht and Moore - 1998 - Predicting the duration and reversal probability o.pdf:application/pdf;ScienceDirect Snapshot:C\:\\Users\\James Chen\\AppData\\Roaming\\Zotero\\Zotero\\Profiles\\g2eepc1b.default\\zotero\\storage\\2IA32N4Q\\S0927539897000236.html:text/html}
}
