Professor David Hsu Profile Photo

David H. Hsu

Richard A. Sapp Professor of Management The Wharton School University of Pennsylvania
2028 Steinberg Hall – Dietrich Hall 3620 Locust Walk Philadelphia, PA 19104
(215) 746–0125


Publications and Working Papers

  1. D.H. Hsu and T. Bernstein (1997). "Managing the University Technology Licensing Process: Findings from Case Studies," Journal of the Association of University Technology Managers, Vol. 9, pp. 1-33.

  2. J.S. Gans, D.H. Hsu and S. Stern (2002). "When Does Start-up Innovation Spur the Gale of Creative Destruction?" RAND Journal of Economics, 33 (4): 571-586.

  3. D.H. Hsu (2004). "What Do Entrepreneurs Pay for Venture Capital Affiliation?" Journal of Finance, Vol. 59 (4), August 2004, pp. 1805-1844.

  4. D.H. Hsu (2004). "Venture Capitalists and Cooperative Start-up Commercialization Strategy," Academy of Management Best Paper Proceedings.

  5. D.H. Hsu and M. Kenney (2005). "Organizing Venture Capital: The Rise and Demise of American Research & Development Corporation, 1946-1973," Industrial and Corporate Change, 14 (4): 579-616.

  6. D.H. Hsu (2006). "Venture Capitalists and Cooperative Start-up Commercialization Strategy," Management Science, 52 (2): 204-219.

  7. D.H. Hsu (2007). "Experienced Entrepreneurial Founders, Organizational Capital, and Venture Capital Funding," Research Policy, 36 (5): 722-741.

  8. D.H. Hsu, E.B. Roberts and C.E. Eesley (2007). "Entrepreneurs from Technology-Based Universities: Evidence from MIT," Research Policy, 36 (2): 768-788.

  9. J.S. Gans, D.H. Hsu and S. Stern (2008). "The Impact of Uncertain Intellectual Property Rights on the Market for Ideas: Evidence from Patent Grant Delays." Management Science, 54 (5 982-997.

  10. D.H. Hsu (2008). "Technology-Based Entrepreneurship," in Scott Shane, ed., Handbook of Technology and Innovation Management, Wiley, UK.

  11. D.H. Hsu and R.H. Ziedonis (2008). "Patents as Quality Signals for Entrepreneurial Ventures," Academy of Management Best Paper Proceedings.

  12. V.A. Aggarwal and D.H. Hsu (2009). "Modes of Cooperative R&D Commercialization by Start-ups," Strategic Management Journal, 30 (8): 835-864.

  13. D.H. Hsu and R.H. Ziedonis (2013). "Resources as Dual Sources of Advantage: Implications for Valuing Entrepreneurial-Firm Patents," Strategic Management Journal, 34 (7): 761-781 (lead article).

  14. V.A. Aggarwal and D.H. Hsu (2014). "Entrepreneurial Exits and Innovation," Management Science, 60 (4): 867-887.

  15. D.H. Hsu and K. Lim (2014). "Knowledge Brokering and Organizational Innovation: Founder Imprinting Effects," Organization Science, 25 (4): 1134-1153.

  16. C.E. Eesley, D.H. Hsu and E.B. Roberts (2014). "The Contingent Effects of Top Management Teams on Venture Performance: Aligning Founding Team Composition with Innovation Strategy and Commercialization Environment," Strategic Management Journal, 35 (12): 1798-1817.

  17. M. Marx, J.S. Gans and D.H. Hsu (2014). "Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry," Management Science, 60 (12): 3103-3123.

  18. O. Bengtsson and D.H. Hsu (2015). "Ethnic Matching in the U.S. Venture Capital Market," Journal of Business Venturing, 30 (2): 338-354.

  19. M. Marx and D.H. Hsu (2015). "Strategic 'Switchbacks': Dynamic Commercialization Strategies for Technology Entrepreneurs," Research Policy, 44: 1815-1826.

  20. J. T. Fox, C. Yang and D. H. Hsu (2018). "Unobserved Heterogeneity in Matching Games," Journal of Political Economy, 126 (4):1339-1373 (lead article).

  21. A. Contigiani, D. H. Hsu and I. Barankay (2018). "Trade Secrets and Innovation: Evidence from the 'Inevitable Disclosure' Doctrine," Strategic Management Journal, 39 (11): 2921-2942.

  22. V.A. Aggarwal, D.H. Hsu and A. Wu (2020). "Organizing Knowledge Production Teams Within Firms for Innovation," Strategy Science, 5(1): 1-16

  23. D.H. Hsu, P. Hsu, T. Zhou and A.A. Ziedonis (2020). "Benchmarking U.S. University Technology Commercialization Efforts: A New Approach," working paper.

  24. M. Marx and D.H. Hsu (2020). "The Entrepreneurial Commercialization of Science: Evidence from ‘Twin’ Discoveries," working paper.

  25. Q. Chen, D.H. Hsu and D. Zvilichovsky (2020). “Inventor Commingling and Innovation in Technology Startup Mergers & Acquisitions,” working paper.