Going public takes a toll on innovation, study finds

01/15/2013 | TheNextWeb.com

The process of going public might take a toll on a business' innovation efforts, according to research by Shai Bernstein, a professor at Stanford Business School. "Using patent-based metrics, I find that the quality of internal innovation declines following the IPO and firms experience both an exodus of skilled inventors and a decline in productivity of remaining inventors," he notes.

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