# Professor Deepak Hegde and Alexander Ljungqvist's research on patents and the growth of start-up businesses is cited

1 Faculty News January 31, 2016 ![Inquisitr Logo](/sites/default/files/styles/246w/public/assets/images/inquisitr192x144.jpg?itok=sshVqvCV)>

Excerpt from the [Inquisitr](http://www.inquisitr.com/2754729/new-study-from-harvard-and-stern-business-school-affirms-the-value-of-patents-for-startups/) -- "A new study of patents and their effects on business claims that the U.S. patent system has significant benefits for start-up businesses. 'The Bright Side of Patents' by Joan Farre-Mensa of Harvard Business School, [Deepak Hegde](http://www.stern.nyu.edu/faculty/bio/deepak-hegde), and [Alexander Ljungqvist](http://www.stern.nyu.edu/faculty/bio/alexander-ljungqvist) of New York University’s Stern School of Business found that the employment and sales growth of U.S. startups was enhanced by patents."

[Read more](http://www.inquisitr.com/2754729/new-study-from-harvard-and-stern-business-school-affirms-the-value-of-patents-for-startups/)