Rosemarie Ziedonis

Entrepreneurial firms are important sources of patented inventions. Yet little is known about what happens to patents released to the market when startups fail. This study provides a first look at the frequency and speed with which patents originating from failed startups are redeployed to new...

The use of debt to finance risky entrepreneurial-firm projects is rife with informational and contracting problems. Nonetheless, we document widespread lending to startups in three innovation-intensive sectors and in early stages of development. At odds with claims that the secondary patent market...