Venture capital investment does not boost patents by technology firms, finds new study. The number of patents obtained by technology firms is an often-used benchmark of supposed innovation, and some previous studies have found a positive link between venture capital (VC) investment and patent output. The study is co-authored by Andrea Mina, University Lecturer in Economics of Innovation and Senior Research Fellow at the Centre for Business Research at Cambridge Judge, and by Henry Lahr, Research Associate at the Centre for Business Research at Cambridge Judge and Lecturer in Finance at the Open University Business School.
Read the full article [businessweekly.co.uk]
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