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SUMMARY:MTEI Seminar by Prof. Bruno Cirillo\, Skema Research Center
DTSTART:20150610T120000
DTEND:20150610T133000
DTSTAMP:20260427T220714Z
UID:501b996882cff3b099f44bc8649e5853883eed9c69cd151c5945f774
CATEGORIES:Conferences - Seminars
DESCRIPTION:Prof. Bruno Cirillo\, Skema Research Center\n"Technological Se
 arch through Corporate Spinouts in the U.S. Information and Communication 
 Technology Industry\, 1975-2008"Abstract\nCorporate spinouts can help pare
 nt firms create value in boundary-spanning innovations and also limit the 
 associated downside of increased variance in outputs. A study of the paten
 ting activities of 54 U.S. firms operating in the information and communic
 ation technology industry between 1975 and 2008 reveals that\, ceteris par
 ibus\, firm’s inventions that build on the firm’s spinouts knowledge (
 treated patents) are associated with more value\, or patent claims\, than 
 comparable firm’s inventions that build on other comparable knowledge so
 urces (control patents)\, such as corporate venture capital portfolio vent
 ures\, allies and acquired firms. The treatment effect is especially prono
 unced when treated patents (1) source knowledge from spinouts that employ 
 inventors who were experienced with the parent firm’s technological core
  and (2) recombine unfamiliar knowledge components. These results are robu
 st across several econometric specifications that account for treatment se
 lection and intrinsic differences in sourcing strategies. I offer detailed
  theoretical and practical implications\, from the perspective of technolo
 gy strategy and corporate renewal.
LOCATION:ODY 4.03\, VIP Room http://plan.epfl.ch/?zoom=19&recenter_y=58638
 00.12869&recenter_x=731560.22521&layerNodes=fonds\,batiments\,labels\,info
 rmation\,parkings_publics\,arrets_metro\,transports_publics&floor=4&q=ody_
 4.03
STATUS:CONFIRMED
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