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We find significant and robust positive correlations between patent applications and IPO performance.
In contrast, neither of them moderates the positive relationship between non-R&D subsidy and IPO performance.
Analyzing data from 269 IT (information technology) entrepreneurial firms in China, we found that R&D subsidy has an inverted U-shape effect on IPO performance, while non-R&D subsidy has a positive effect on IPO performance.
Furthermore, both state ownership and patent intensity moderate the inverted U-shape relationship between R&D subsidy and IPO performance.
This study investigates how R&D subsidy and non-R&D subsidy affect entrepreneurial firms' initial public offering (IPO) performance in an emerging economy like China.
This study performs regressions on the relationship of patent applications before IPO and the amount of money collected at the IPO, while controlling other factors that may influence IPO performance.
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In a recent study, "The Performance of Reverse Leveraged Buyouts", Jerry Cao of Boston College and Josh Lerner of Harvard Business School, examined the post-IPO performance of nearly 500 companies floated by private-equity firms in 1980-2002.
As a result, investors worry more about their future, post-IPO performance.
As for the possibility of a late-stage correction following Facebook's lackluster post-IPO performance, O'Neill remains pretty bullish.
He added that he didn't think that Zynga's post-IPO performance should have too much a shadow over the industry.
On the fashion front, the aforementioned Stitch Fix stands out as a leader across all tech and internet categories, based on its strong post-IPO performance.
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