%0 Journal Article
%T Do Corporate Investors Affect Entrepreneurs¡¯ IP Portfolio? Entrepreneurial Finance and Intellectual Property in New Firms
%A Brandon Ofem
%A Ikenna Uzuegbunam
%A Satish Nambisan
%J Entrepreneurship Theory and Practice
%@ 1540-6520
%D 2019
%R 10.1177/1042258717738247
%X This study investigates the impact of corporate venture capital (CVC) funding on new firms¡¯ subsequent intellectual property (IP) outcomes (i.e., patents, copyrights, and trademarks). The central premise is that CVC funding will encourage the development of technology-centric IP outcomes while dissuading the development of market-centric IP outcomes. Specifically, CVC investments entail a trade-off, which will increase post-funding patent/copyright output while decreasing post-funding trademark output in new firms. Findings from an analysis of a multi-industry sample of U.S. new firms provide broad support for this study thesis and suggest that the impact of CVC funding is contingent on entrepreneurs¡¯ industry-specific experience
%K corporate venture capital
%K patents
%K copyrights
%K trademarks
%K intellectual property
%U https://journals.sagepub.com/doi/full/10.1177/1042258717738247