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The question that we ask in this chapter is: Among those companies that were successful in commercializing a technology from their Phase II research project, is there a relationship between the market success of those technologies (i.e., sales of the technology) and the minority or gender ownership of the company?
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The NRC survey does not provide information on the dates when sales were realized. All sales values used in the correlation matrices that regression analyses that follow are based on nominal totals.
Approximately 3% of the businesses that commercialized their Phase II technologies had $0 sales as of the date of the NRC survey. Those projects were deleted from the least-squared analysis in Tables 8.7 and 8.8. We did include those companies that commercialized and had $0 sales in a Tobit model, but the regression model did not converge.
- Estimating the Success of Commercialization
Albert N. Link
Laura T. R. Morrison
- Chapter 8
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