Does the potential for developing new technology lead to successful technology transfer commercialisation? The case of public R%D outputs in Korea
Woojin Yoon and
Sangwook Han
International Journal of Management Practice, 2017, vol. 10, issue 1, 93-108
Abstract:
This study examines the influence of major variables representing a firm's potential for developing new technology, such as an affiliation with a business group, possession of an independent R%D organisation, and technological capabilities, on technology transfer commercialisation. We selected firms that had signed contracts of technology transfer with a public research institution performing R%D and technology transfer in the field of information and communication technology as a sample. An event history analysis was carried out to predict the likelihood of successful commercialisation of the transferred technologies. Statistical results indicate that an affiliation with a large-scale business group and possession of an independent R%D organisation both had negative effects on the success of technology transfer commercialisation.
Keywords: technology transfer; commercialisation; business groups; R%D organisations; technological capabilities; new technology development; public R%D; R%D outputs; South Korea; research and development. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmpra:v:10:y:2017:i:1:p:93-108
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