Recycling the unused ideas and technologies of a large corporation into new business by start-ups

Mokter Hossain and Henri Simula

Technology in Society, 2017, vol. 48, issue C, 11-18

Abstract: The objective of this study is to investigate how the non-core ideas and technologies (IaTs) of a large corporation can be reused by start-ups. Many IaTs are not deemed valuable or useful for a parent corporation, so for various reasons, these IaTs remain unused and eventually perish as they become obsolete. However, there exists a possibility to create new business from these non-core IaTs. We discovered that an intermediary organization, acting as a catalyst, can be instrumental in bringing corporations with unused IaTs together with interested parties and reduce the information asymmetry between them. A funding mechanism is also crucial for appropriating non-core IaTs. Moreover, the underlying market and economic conditions play a natural role in the transfer of non-core IaTs.

Keywords: Non-core ideas and technologies; Licensing; Idea recycling; Technology transfer; Corporation; Start-ups (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:teinso:v:48:y:2017:i:c:p:11-18

DOI: 10.1016/j.techsoc.2016.10.005

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