Past Entrepreneurship and Innovation Conferences

Fifth Annual Conference on Entrepreneurship and Innovation: U.S. Patent and Trademark Office (USPTO)-Ewing Marion Kauffman Foundation Conference on Intellectual Property and Innovation

Thursday, June 14 - Friday, June 15, 2012
Brochure | Final Agenda | Conference Photos

The Searle Center on Law, Regulation, and Economic Growth presents the Fifth Annual Conference on Innovation and Entrepreneurship: U.S. Patent and Trademark Office (USPTO)-Ewing Marion Kauffman Foundation Conference on Intellectual Property and Entrepreneurship to be held at Northwestern University School of Law, Thursday, June 14, 2012-Friday, June 15, 2012. The conference will run from 9:00 a.m. on Thursday, June 14 to 3:15 p.m. on Friday, June 15. There will be a keynote address by James E. Malackowski, Chairman and CEO of Ocean Tomo, LLC, on Thursday afternoon. On Thursday evening, there will be a cocktail reception, dinner, and keynote address by Stuart Graham, Chief Economist, USPTO.

The USPTO and the Ewing Marion Kauffman Foundation are jointly sponsoring the conference. This conference is organized by Professor Daniel F. Spulber, Research Director of the Searle Center on Law, Regulation, and Economic Growth and Elinor Hobbs Distinguished Professor of International Business, Professor of Management Strategy, Kellogg School of Management, Professor of Law, Northwestern University School of Law (Courtesy), and Stuart Graham, Chief Economist, USPTO, and Georgia Tech College of Management.

The goal of this conference is to provide a forum where economists and legal scholars can gather together with Northwestern's own distinguished faculty to present and discuss high-quality research relevant to intellectual property (IP) protection, innovation, and entrepreneurship.

This conference will be an important component of the Searle Center's expanded entrepreneurship and innovation focus. Conference participants will explore the connections between IP, innovation, and entrepreneurship through empirical and theoretical economic and legal analysis. This interdisciplinary conference will be composed of presentations by leading researchers in economics and law, and participating authors will have their papers formally discussed by leading thinkers in the field. In addition, the conference will draw audiences of academics in economics, law, and business, as well as legal and business practitioners, government officials, and public policy makers.

This program has been approved for 11.5 CLE credits in the State of Illinois.

Thursday, June 14

Session One: Licensing and Markets for IP

Session Chair: F. Scott Kieff, George Washington University

Trading and Enforcing Patent Rights
Alberto Galasso*, University of Toronto
Mark Schankerman, London School of Economics
Carlos J. Serrano, University of Toronto
Discussant: Annika Lorenz, Technische Universitat Berlin

Do Patent Pools Encourge Innovation? Evidence from 20 U.S. Industries under the New Deal
Ryan Lampe*, DePaul University
Petra Moser, Stanford University
Discussant: Annika Lorenz, Technische Universitat Berlin

The New Patent Intermediaries
Andrei Hagiu*, Harvard University
David Yoffie, Harvard University
Discussant: Marcus Berliant, Washington University in St. Louis

Culture and Diversity in Knowledge Creation
Marcus Berliant*, Washington University in St. Louis
Masahisa Fujita, RIETI
Discussant: Daniel F. Spulber, Northwestern University

Keynote Address: The Evolving IP Market: What's Happening Now and What Can We Expect Next
James E. Malackowski, Chairman and CEO of Ocean Tomo, LLC

Session Two: IP and Commercialization of Inventions

Session Chair: Stuart Graham, United States Patent and Trademark Office

Adverse Effects of Patent Pooling on Product Development and Commercialization
Thomas D. Jeitschko*, U.S. Department of Justice
Nanyun Zhang, Towson University
Discussant: Junjie Zhou, University of California, Berkeley

Innovation Beyond Patents: Technological Complexity as a Protection against Imitation
Emeric Henry, Sciences Po Paris
Francisco Ruiz-Aliseda*, Ecole Polytechnique
Discussant: Junjie Zhou, University of California, Berkeley

Determinants of the Quality and Price of Innovative Industrial Products: Evidence from the Disk Drive Industry
James D. Adams, Rensselaer Polytechnic Institute
Discussant: Reiko Aoki, Hitotsubashi University

Intellectual Property Contracts: Theory and Evidence from Screenplay Sales
Milton Harris, University of Chicago
S. Abraham (Avri) Ravid*, Yeshiva University
Suman Basuroy, University of Oklahoma
Discussant: Reiko Aoki, Hitotsubashi University

Session Three: Patents and Sequential R&D

Session Chair: Richard A. Jensen, University of Notre Dame

Patent Pools and Dynamic R&D Incentives
Vianney Dequiedt, Universite d'Auvergne
Bruno Versaevel*, EMLYON Business School
Discussant: Joaquin Poblete, London School of Economics

Sequential Innovation and Optimal Patent Design
Christian Riis*, Norwegian Business School
Xianwen Shi, University of Toronto
Discussant: Joaquin Poblete, London School of Economics

Inventing-around Edison's Incandescent Lamp Patent: Evidence of Patents' Role in Stimulating Downstream Development
Ron D. Katznelson*, Bi-Level Technologies
John Howells, Aarhus University
Discussant: Theresa Helena Veer, Technische Universitat Berlin

Are Licensing Agreements Appropriate Instruments to Cut Through the Patent Thicket?
Ralph Siebert*, Purdue University
Georg von Graevenitz, University of Munich
Discussant: Theresa Helena Veer, Technische Universitat Berlin

Keynote Address: Stuart Graham, United States Patent and Trademark Office

Friday, June 15

Session Four: How Organizations Affect Innovation

Session Chair: Kala M. Krishna, Department of Economics, The Pennsylvania State University

Why Are Some Regions More Innovative than Others? The Role of Firm Size Diversity
Ajay Agrawal, University of Toronto
Iain Cockburn, Boston University
Alberto Galasso, University of Toronto
Alex Oettl*, Georgia Institute of Technology
Discussant: Carlo Menon, STI Directorate, OECD & Bank of Italy

Ownership Structure of Vertical Research Collaboration: Empirical Analysis from an Incomplete Contract Perspective
Sadao Nagaoka, Hitotsubashi University
Discussant: Carlo Menon, STI Directorate, OECD & Bank of Italy

Subsidiary Entities and the Innovator's Dilemma
Kenneth Ayotte, Northwestern University School of Law
Discussant: Julie A. Carlson, Federal Trade Commission

State Governments as Financiers of Technology Startups: Implications for Firm Performance
Rosemarie Ziedonis*, University of Oregon
Bo Zhao, University of Michigan
Discussant: Colleen Chien, Santa Clara Law

Session Five: Human Capital and Innovation

Session Chair: John Howells, Aarhus University

Who Are User Entrepreneurs? Findings on Innovation, Founder Characteristics & Firm Characteristics
Sonali K. Shah, University of Washington
Sheryl Winston Smith, Temple University
E. J. Reedy*, Ewing Marion Kauffman Foundation
Discussant: Minyuan Zhao, University of Michigan

The Long-term Impact of Business Cycles on Innovation: Evidence from the Massachusetts Institute of Technology
Pian Shu, Massachusetts Institute of Technology
Discussant: Minyuan Zhao, University of Michigan

R&D Coopetition: Information Sharing and Competition for Innovation
Ufuk Akcigit, University of Pennsylvania
Qingmin Liu*, Columbia University and University of Pennsylvania
Discussant: Illoong Kwon, Seoul National University

Session Six: How Financing Affects Innovation

Session Chair: Kenneth Ayotte, Northwestern University School of Law

Venture Capital and the Diffusion of Knowledge
Juanita Gonzalez-Uribe, Columbia University
Discussant: Arvids A. Ziedonis, University of Oregon

Does Going Public Affect Innovation?
Shai Bernstein, Stanford Graduate School of Business
Discussant: Dennis Leyden, University of North Carolina, Greensboro

Credit Supply and Corporate Innovations
Mario Daniele Amore*, Copenhagen Business School
Cedric Schneider, Copenhagen Business School
Alminas Zaldokas, INSEAD
Discussant: S. Abraham (Avri) Ravid, Yeshiva University

The Dark Side of Analyst Coverage: The Case of Innovation
Jie (Jack) He*, University of Georgia
Xuan Tian, Indiana University
Discussant: S. Abraham (Avri) Ravid, Yeshiva University

Presenters are indicated with an *


Fourth Annual Conference on Entrepreneurship and Innovation

Thursday, June 16 - Friday, June 17, 2011
Agenda | Conference Photos

The goal of this conference is to provide a forum where economists and legal scholars can gather together with Northwestern University's own distinguished faculty to present and discuss high quality research relevant to the economics and law of the entrepreneur. Panels cover research on Venture Capital and the Entrepreneur; Entrepreneur Law; Economic Growth and Development; Innovation and the Entrepreneur; and The Social Context of Entrepreneurship.

The conference is organized by Professor Daniel F. Spulber, Elinor Hobbs Distinguished Professor of International Business and Professor of Management Strategy, Kellogg School of Management, Northwestern University in cooperation with the Journal of Economics & Management Strategy (JEMS). JEMS will publish a special issue on the economics of the entrepreneur.

Papers

How Does the Influence of Founders and Investors Relate to Employee Compensation in Entrepreneurial Firms?
Ola Bengtsson, University of Illinois
John R. M. Hand*, University of North Carolina

Developing New Ideas: Spin-outs, Spinoffs or Internal Divisions
Radoslawa Nikolowa, Queen Mary University of London

Entrepreneurial Spawning and Firm Characteristics
Michel A. Habib, University of Zurich
Ulrich Hege, HEC School of Management Paris
Pierre Mella-Barral*, EDHEC Business School

Is Success Hereditary? Evidence on the Performance of Spawned Ventures
Johannes M.H. Dick, Maastricht University
Katrin Hussinger*, Maastricht University
Boris Blumberg, Maastricht University
John Hagedoorn, Maastricht University

Are All Academic Entrepreneurs Created Alike? Evidence from Germany
Rajeev K. Goel*, Illinois State University
Christoph Grimpe, Copenhagen Business School and University of Zurich

Licensing of University Science: Tacitness and the Impact of Invention and Governance Capability on Contract Type
Reddi Kotha*, Singapore Management University
Pascale Crama, Singapore Management University
Tore Opsahl, Imperial College London
Gerard George, Imperial College London

University Startups and Entrepreneurship: New Data, New Results
Richard A. Jensen, University of Notre Dame
Michael Jones*, University of Notre Dame

Research Output from University-Industry Collaborative Projects
Albert Banal-Estañol, Universitat Pompeu Fabra and City University
Inés Macho-Stadler, Universitat Autonoma de Barcelona
David Pérez-Castrillo*, Universitat Autonoma de Barcelona

The Impact of Business Environment Reforms on New Firm Registration
Leora Klapper, The World Bank

Innovativeness and Corporate Governance of New Ventures
Dirk Czarnitzki, K.U. Leuven
Johannes M. H. Dick*, University of Maastricht
Katrin Hussinger, University of Maastricht and K.U. Leuven

The Organization of R&D Within Firms: Measures, Characteristics and Consequences
Ashish Arora, Duke University
Sharon Belenzon, Duke University
Luis A. Rios*, Duke University

Business Partnerships and the Commercialization of Inventions
Thomas Åstebro, HEC School of Management Paris
Carlos J. Serrano*, University of Toronto and NBER

All Entrepreneurial Productivity Increases are Not Created Equal
Arup Bose, Indian Statistical Institute
Debashis Pal*, University of Cincinnati
David E. M. Sappington, University of Florida

Swinging for the Fences: Strategic Risk Taking in Entrepreneurship
James Ostler, University of California, Los Angeles

Experimentation and Learning in R&D Competition (Abstract)
Heidrun C. Hoppe-Wewetzer, University of Hannover
Georgios Katsenos*, University of Hannover

Innovation, Fast Seconds, and Patent Policy
George Norman*, Tufts University
Lynne Pepall, Tufts University
Dan Richards, Tufts University

Corporate Venture Capital, Value Creation, and Innovation
Thomas J. Chemmanur*, Boston College
Elena Loutskina, University of Virginia
Xuan Tian, Indiana University

How Do Firms Choose Legal Form of Organization?
Rebel A. Cole, DePaul University

Law and Innovation: Evidence from the Uniform Trade Secrets Act
Ivan Png, National University of Singapore

Beg, Borrow, and Deal? Entrepreneurship and Financing in New Firm Innovation
Sheryl Winston Smith, Temple University

Which Institutions Encourage Entrepreneurs to Create Larger Firms?
Saul Estrin, London School of Economics
Julia Korosteleva*, University College London
Tomasz Mickiewicz, University College London

Presenters are indicated with an *