NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Business Partners, Financing, and the Commercialization of Inventions

Thomas Åstebro, Carlos J. Serrano

NBER Working Paper No. 17181
Issued in June 2011

---- Acknowledgements -----

We have benefited from the comments of Victor Aguirregabiria, Serguei Braguinsky, Alberto Galasso, Bart Hamilton, Octavian Harare, Ig Horstmann, Alexander Kritikos, Illoong Kwon, Robert Petrunia, Peter Thompson, Aloysius Siow, Sheryl Winston Smith, Scott Stern, and seminar participants at the DRUID conference 2008, REER conference in Georgia Tech 2008, Society of Economic Dynamics 2008, University of Chile, International Industrial Organization conference 2009, EARIE 2009, EEA 2009 meetings, Spanish Economic Association Meetings 2009, Canadian Economic Association Meetings 2010, Amsterdam Center for Entrepreneurship (ACE) workshop 2010, the University of Nottingham, LBS Sumantra Ghoshal Strategy Conference, and the Fourth Searle Conference on Entrepreneurhip and Innovation. Åstebro acknowledges financial support from the Social Sciences and Humanities Research Council, Canada and the Natural Sciences and Engineering Research Council, Canada for data collection and HEC Foundation for support writing this article. Serrano acknowledges financial support from the Social Sciences and Humanities Research Council, Canada, and the Connaught Research Funds from the University of Toronto, Canada. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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