Patenting is fundamental to start-up survival and growth. Research indicates that patenting enables start-ups to protect their ideas from competitors, profit from their inventions, and signal their value to stakeholders. Drawing on the resource-based theory, the paper shows that start-ups’ patenting activity is related to both external and internal conditions. Relying on a sample consisting of 195 start-ups, located in Italy and France, the market scenario, that is, market dynamism and concentration, is found to affect start-ups’ patenting activity. Also, the paper shows that start-ups’ age is negatively related to patenting, and that entrepreneur narcissism has different impacts based on its prevailing characteristics: entitlement/exploitativeness is positively related to patenting, grandiose exhibitionism is negatively related to it, while leadership/authority shows no connection with this activity.
Born to be successful: start-up patenting activity determinants
Simona Leonelli;
2021
Abstract
Patenting is fundamental to start-up survival and growth. Research indicates that patenting enables start-ups to protect their ideas from competitors, profit from their inventions, and signal their value to stakeholders. Drawing on the resource-based theory, the paper shows that start-ups’ patenting activity is related to both external and internal conditions. Relying on a sample consisting of 195 start-ups, located in Italy and France, the market scenario, that is, market dynamism and concentration, is found to affect start-ups’ patenting activity. Also, the paper shows that start-ups’ age is negatively related to patenting, and that entrepreneur narcissism has different impacts based on its prevailing characteristics: entitlement/exploitativeness is positively related to patenting, grandiose exhibitionism is negatively related to it, while leadership/authority shows no connection with this activity.File | Dimensione | Formato | |
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