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Bankrupt Innovative Firms

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NBER2021-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28856
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资源简介:
This paper studies how innovative firms manage their innovation portfolios after filing for Chapter 11 reorganization using three decades of data. We find that they sell off core (i.e., technologically critical and valuable), rather than peripheral, patents in bankruptcy. The selling pattern is
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2021-05-01
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