Commercialization Strategy and IPO Underpricing

Serena Morricone,Federico Munari,Raffaele Oriani,Gaétan de Rassenfosse

Research Policy（2017）

引用 17|浏览16

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摘要

•Commercialization strategies affect information asymmetries in the firm-investor relationship.•IPO Underpricing is higher for companies pursuing licensing-based commercialization strategies.•The size of the patent portfolio mitigates IPO underpricing in the case of licensing-based commercialization strategies.

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关键词

G32,L24,L63,M13,O32,O34

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