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Department of Business Administration

Dr. Manuel Sebastian Mariani has a new publication in "Technological Forecasting and Social Change"

Dr. Manuel Sebastian Mariani, a senior researcher, has co-authored a groundbreaking study published in "Technological Forecasting and Social Change." The study delves into the early indicators of a firm's research success, focusing on how the value of a firm's initial patents can predict future research achievements. It examines over 7,000 publicly listed firms and their patenting life cycles, revealing that early patents' economic value is a significant predictor of future success. Interestingly, the study also identifies a subset of firms, termed 'sleeping beauties,' which produce high-value patents later in their lifecycle, despite not showing early signs of high economic value. This research has significant implications for investors, policymakers, and managers in understanding and forecasting technological innovation and research success. ScienceDirect