Do Tech‐Based New Ventures Founded During Major Economic Crises Generate Different R&D Outputs?
Tech ventures founded in the 2008-09 crisis produced 47% fewer patents but 212% more breakthrough outputs.
Summary
A matched comparison with ventures founded in stable periods. [Open access — summary based on the published abstract.]
Editor's opinion
Narrow venture-founding-timing econometrics, not a firm-strategy insight.
Key concepts
crisis founding · R&D output · breakthrough patents · resource orchestration