2023
DOI: 10.1515/erj-2022-0293
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The Impact of Initial Intellectual Property Decisions of Start-Ups on Innovation Performance

Hong Li,
Mengge Gan,
Yibin Zhang

Abstract: We analyze the initial intellectual property (IP) decisions of 336 start-ups in IP-intensive industries in China, distinguishing among patents, trademarks, and IP portfolios. Our empirical results show that the initial IP decisions of start-ups have an impact on their innovation performance. Compared with start-ups that choose trademarks or patents, start-ups that choose IP portfolios have higher financial and non-financial innovation performance. Furthermore, venture capital positively moderates the relations… Show more

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