SBIR, Startups, and Subsequent Technological Development: Laser Diodes in the United States and Japan

The Institute of Economics will hold a seminar meeting as part of its Seminar Series on Thursday, March 7, 2024: Hiroshi Shimizu from Waseda University will present the paper “SBIR, Startups, and Subsequent Technological Development: Laser Diodes in the United States and Japan con N. Wakutsu (Nagoya City University)".

Abstract:

How does the existence or absence of employee startups influence the patterns of subsequent technological development? By studying the development of laser diode technology in the U.S. and Japan at both the inventor and organizational levels using the difference-in-differences approach, this study empirically examines the impact of opportunities for startups promoted by SBIR in the U.S. on the technological trajectory of existing technology. According to the estimation results, an increase in employee startups promoted by SBIR could impede the subsequent development of the current technology earlier and cause it to stagnate at a lower level than what could have been achieved with no employee startups (as seen in Japan).

The Seminar will be held in Aula 3.