What affects corporate commercialization of public technology transfer in Korea?

Jae Woong Min, Young Jun Kim

Research output: Contribution to journalArticlepeer-review

11 Citations (Scopus)


This study investigates the potential factors that might affect the successful corporate commercialization in public technology transfer (PTT), i.e. technology transfer from non-profit public research institutions and universities (PRI&U) to private companies. The empirical analyses are done with the help of unique data sets prepared by the Korean government agency. The important explanatory factors relate to PRI&U researcher's additional support after the technology transfer, the potential absorptive capacity of the company, and the company's previous R&D partnership experience with the same PRI&U. PRI&U's technology transfer performance and involvement of a technology transfer intermediary, however, do not enhance the propensity of transferred technologies’ commercialization success. In conclusion, we draw some policy implications regarding PTT practices in Korea.

Original languageEnglish
Pages (from-to)302-318
Number of pages17
JournalAsian Journal of Technology Innovation
Issue number2
Publication statusPublished - 2014 Jul 3


  • absorptive capacity
  • corporate commercialization
  • previous partnership experience
  • public research institutions and universities
  • public technology transfer

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management of Technology and Innovation


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