Analyzing cross-border and home early-stage monetary funding in 3D printing

Professor Silvia Massini and co-author Eugene D. Hahn analyze early-stage monetary funding in 3D printing, analyzing key drivers and geographic patterns. Their work is revealed within the Journal of Worldwide Administration.

3D printing is a comparatively new digital expertise which may rework the way in which companies set up their innovation and manufacturing operations domestically and globally. Whereas 3D printing is being adopted by numerous organizations worldwide, empirical educational analysis on funding in early-stage 3D printing expertise companies continues to be restricted.

Within the paper, the authors think about the geography of the 3D printing ecosystem to light up the financing of funding into early state companies growing innovation on this expertise.

Utilizing a hand-collected dataset of 500 firm-level investments, they hypothesize 3D printing funding is drawn to international locations with larger modern capability, international locations with larger human capital competencies, and international locations with increased wages.

They discovered that bigger investments have a tendency to learn corporations growing 3D printing expertise in increased wage areas and in international locations with increased modern capability stage, suggesting that investments within the 3D printing ecosystems happen principally in areas that have already got an ecosystem in place.

The research is among the first to look at detailed patterns of world funding in a brand new digital expertise ecosystem—3D printing, an more and more necessary expertise for innovation.