This study's benchmark for innovation is "measured by the number of patents filed." It's hard to measure innovation, but going off of just patents alone is ridiculous.
That said, I would actually agree that in general, post-IPO innovation slows at most companies, but a lot of it has to due with the lowered levels of risk that the public is willing to assume as opposed to angels and PE/VC firms. Public companies naturally have more regulations and bureaucracy, making it a lot more challenging to release revolutionary products and features than private companies.
That said, I would actually agree that in general, post-IPO innovation slows at most companies, but a lot of it has to due with the lowered levels of risk that the public is willing to assume as opposed to angels and PE/VC firms. Public companies naturally have more regulations and bureaucracy, making it a lot more challenging to release revolutionary products and features than private companies.