Impacts of intangible assets on the initial public offering of biotechnology startups

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

This study examined how intangible assets of Japanese biotechnology startups affected their intention to go public at one point and their actual initial public offering. Simple patent counts did not affect startups' intention to go public in 2005. Among several indicators of patent quality, forward citations were found to have positive impacts on whether startups went public by 2009.

Original languageEnglish
Pages (from-to)83-85
Number of pages3
JournalEconomics Letters
Volume116
Issue number1
DOIs
Publication statusPublished - 2012 Jul 1

Keywords

  • Biotechnology
  • Initial public offering
  • Intangible assets
  • Japan
  • Patents

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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