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Baum, J.A. and Silverman, B.S. (2004) Picking Winners or Building Them? Alliance, Intellectual, and Human Capital as Selection Criteria in Venture Financing and Performance of Biotechnology Startups. Journal of Business Venturing, 19, 411-436.
https://doi.org/10.1016/S0883-9026(03)00038-7

has been cited by the following article:

• TITLE: Does Venture Capital Investment Lead to a Change in Start-Ups’ Intellectual Property Strategies?

  AUTHORS: Philipp Sandner, Christa Dufter, Richard Geibel

  KEYWORDS: Entrepreneurial Finance, Venture Capital, Patents, Trademarks, Intellectual Property

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.6 No.12, December 26, 2016

  ABSTRACT: This paper examines the influence of venture capital (VC) funding on start-ups’ intellectual property (IP) strategies. More specifically, the number of additionally filed patent and trademark applications after subsequent VC funding rounds is investigated. The results from the analysis of 531 start-ups show that VC funding has a strong influence on consecutive IP strategy. Already first funding rounds lead to a remarkable growth of start-ups’ IP portfolios. Yet, although VCs especially promote product commercialization of start-ups, a greater growth of trademark compared to patent portfolios cannot be identified. However, this changes during the progress along the venture cycle.