9,014 research outputs found

    INVESTIGATION OF ADHESION AND COHESION OF METALS IN ULTRAHIGH VACUUM.

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    Adhesion and cohesion of metals in ultrahigh vacuu

    How redeployable are patent assets? Evidence from failed startups

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    Entrepreneurial firms are important sources of patented inventions. Yet little is known about what happens to patents "released" to the market when startups fail. This study provides a first look at the frequency and speed with which patents originating from failed startups are redeployed to new owners, and whether the value of patents is tied to the original venture and team. The evidence is based on 1,766 U.S. patents issued to 285 venture capital-backed startups that disband between 1988 and 2008 in three innovation-intensive sectors: medical devices, semiconductors, and software. At odds with the view that the resale market for patented inventions is illiquid, we find that most patents from these startups are sold, are sold quickly, and remain "alive" through renewal fee payment long after the startups are shuttered. The patents tend to be purchased by other operating companies in the same sector, and retain value beyond the original venture and team. We do find, however, that the patents and people sometimes move jointly to a new organization following the dissolution of the original venture, and explore the conditions under which such co-movement is more likely. The study provides new evidence on a phenomenon-of active markets for buying and selling patents-underexplored in the strategy literature and consequential for both entrepreneurial and established firms.Accepted manuscrip

    Exotic quark effects on the Higgs sector of the USSM at the LHC

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    The Higgs sector of the U(1)-extended supersymmetric model is studied with great detail. We calculate the masses of the Higgs bosons at the one-loop level. We also calculate at the one-loop level the gluon-involving processes for the productions and decays of the scalar Higgs bosons of the model at the energy of the CERN Large Hadron Collider (LHC), where the radiative corrections due to the loops of top, bottom, and exotic quarks and their scalar partners are taken into account. We find that the exotic quark and exotic scalar quarks in the model may manifest themselves at the LHC, since the production of the heaviest scalar Higgs boson via gluon fusion processes is mediated virtually by the loops of exotic quark and exotic scalar quarks, for a reasonable parameter set of the model.Comment: 36 pages, 13 figures, JP

    Estimating the Effect of Training on Employment and Unemployment Durations: Evidence From Experimental Data

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    Using data from a social experiment, we estimate the impact of training on the duration of employment and unemployment spells for AFDC recipients. Although an experimental design eliminates the need to construct a comparison group for this analysis, simple comparisons between the average durations or the transition rates of treatments' and controls' employment and unemployment spells lead to biased estimates of the effects of training. We present and implement several econometric approaches that demonstrate the importance of and correct for these biases. For the training program studied in the paper, we find that it raised employment rates because employment durations increased. In contrast, training did not lead to shorter unemployment spells.
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