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Valdemar Smith

Commercialization of Innovations and Firm Performance

Research output: Working paper/Preprint › Working paper › Research

Standard

Commercialization of Innovations and Firm Performance. / Madsen, Erik Strøjer; Smith, Valdemar.

Aarhus : Aarhus School of Business, Aarhus University, Department of Economics, 2008.

Research output: Working paper/Preprint › Working paper › Research

Harvard

Madsen, ES & Smith, V 2008 'Commercialization of Innovations and Firm Performance' Aarhus School of Business, Aarhus University, Department of Economics, Aarhus.

APA

Madsen, E. S., & Smith, V. (2008). Commercialization of Innovations and Firm Performance. Aarhus School of Business, Aarhus University, Department of Economics.

CBE

Madsen ES, Smith V. 2008. Commercialization of Innovations and Firm Performance. Aarhus: Aarhus School of Business, Aarhus University, Department of Economics.

MLA

Madsen, Erik Strøjer and Valdemar Smith Commercialization of Innovations and Firm Performance. Aarhus: Aarhus School of Business, Aarhus University, Department of Economics. 2008., 28 p.

Vancouver

Madsen ES, Smith V. Commercialization of Innovations and Firm Performance. Aarhus: Aarhus School of Business, Aarhus University, Department of Economics. 2008.

Author

Madsen, Erik Strøjer ; Smith, Valdemar. / Commercialization of Innovations and Firm Performance. Aarhus : Aarhus School of Business, Aarhus University, Department of Economics, 2008.

Bibtex

@techreport{99f3d790c12811dd8442000ea68e967b,
title = "Commercialization of Innovations and Firm Performance",
abstract = "The decision on investment in R&D is very important and highly risky for firms' performance and survival in their business. This paper focuses on the commercialization of firms' investment in innovation and how these decisions affect their performance. The study uses a large innovation survey of Danish firms holding information on their R&D investment as well as their expenses on marketing which gives knowledge of the commercialization of their innovations. The results suggest a highly significant commercialization of innovation, which means that firms' follows a strategy of investment both in innovation and marketing making R&D and marketing complements in their investment decision. However, there is only week evidence for the hypothesis that commercialization of innovations also creates more value for the firms in the short run.  ",
author = "Madsen, {Erik Str{\o}jer} and Valdemar Smith",
year = "2008",
language = "English",
isbn = "9788778823939",
publisher = "Aarhus School of Business, Aarhus University, Department of Economics",
address = "Denmark",
type = "WorkingPaper",
institution = "Aarhus School of Business, Aarhus University, Department of Economics",

}

RIS

TY - UNPB

T1 - Commercialization of Innovations and Firm Performance

AU - Madsen, Erik Strøjer

AU - Smith, Valdemar

PY - 2008

Y1 - 2008

N2 - The decision on investment in R&D is very important and highly risky for firms' performance and survival in their business. This paper focuses on the commercialization of firms' investment in innovation and how these decisions affect their performance. The study uses a large innovation survey of Danish firms holding information on their R&D investment as well as their expenses on marketing which gives knowledge of the commercialization of their innovations. The results suggest a highly significant commercialization of innovation, which means that firms' follows a strategy of investment both in innovation and marketing making R&D and marketing complements in their investment decision. However, there is only week evidence for the hypothesis that commercialization of innovations also creates more value for the firms in the short run.  

AB - The decision on investment in R&D is very important and highly risky for firms' performance and survival in their business. This paper focuses on the commercialization of firms' investment in innovation and how these decisions affect their performance. The study uses a large innovation survey of Danish firms holding information on their R&D investment as well as their expenses on marketing which gives knowledge of the commercialization of their innovations. The results suggest a highly significant commercialization of innovation, which means that firms' follows a strategy of investment both in innovation and marketing making R&D and marketing complements in their investment decision. However, there is only week evidence for the hypothesis that commercialization of innovations also creates more value for the firms in the short run.  

M3 - Working paper

SN - 9788778823939

BT - Commercialization of Innovations and Firm Performance

PB - Aarhus School of Business, Aarhus University, Department of Economics

CY - Aarhus

ER -