Barriers to commercialisation from the 'four knowledge bases' perspective: a study of innovation in the software development sector

Seppo Hanninen, Ilkka Kauranen, Ari Serkkola and Jaakko Ikavalko

International Journal of Management Practice, 2007, vol. 2, issue 3, 197-213

Abstract: Barriers in commercialising software innovations are studied from the perspective of four knowledge bases in product innovation: technology knowledge base, end-user knowledge base, brand knowledge base and business-logic knowledge base. Hypotheses are formulated based on case studies of publicly-funded innovation development projects in Finnish Information and Communication Technology (ICT) companies. The 'perfect technology syndrome' and diversification arising from any product innovation are put forward as important barriers of commercialisation.

Keywords: commercialisation; new inventions; barriers; management practice; knowledge bases; high technology industry; product innovation; TEKES; software development; Finland; ICT; high tech firms. (search for similar items in EconPapers)
Date: 2007
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