How innovation intermediaries are shaping the technology market? An analysis of their business model
Henry Lopez () and
Wim Vanhaverbeke
MPRA Paper from University Library of Munich, Germany
Abstract:
In an era with abundant and widely distributed knowledge across the globe, technology markets became prominent. As technology transactions suffer from several market imperfections, a rapidly increasing number of various innovation intermediaries are facilitating these transactions. We analyse how a subset of these intermediaries create value in a two-sided market and how they can capture part of the value. A detailed analysis of the business model of 12 innovation intermediaries clarifies how these organizations improve the effectiveness of technology markets providing benefits for both sides of the market. We also look at managerial trade-offs between the use of intermediaries’ services and in-house innovation platforms.
Keywords: innovation intermediaries; open innovation; business model; two-sided markets (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
Date: 2009, Revised 2010
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Citations: View citations in EconPapers (2)
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https://mpra.ub.uni-muenchen.de/27016/1/MPRA_paper_27016.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/27017/1/MPRA_paper_27017.pdf revised version (application/pdf)
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Working Paper: How innovation intermediaries are shaping the technology market? An analysis of their business model (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:27016
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