What affects corporate commercialization of public technology transfer in Korea?

Jae Woong Min, Young Jun Kim

    Research output: Contribution to journalArticlepeer-review

    12 Citations (Scopus)

    Abstract

    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
    Volume22
    Issue number2
    DOIs
    Publication statusPublished - 2014 Jul 3

    Bibliographical note

    Funding Information:
    This work was supported by the National Research Foundation of Korea Grant funded by the Korean Government (NRF-2014S1A5A8016815). We are grateful to the three anonymous referees and the editors of the journal for their helpful comments and suggestions. Any remaining errors are our responsibility.

    Funding Information:
    3. ‘Connect Korea Support Project’ was jointly planned by the former Ministry of Knowledge Economy and the former Ministry of Education, Science, and Technology for strengthening the TLO organiz-ation’s capacity.

    Publisher Copyright:
    © 2014 Korean Society for Innovation Management and Economics (KOSIME).

    Keywords

    • 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

    Fingerprint

    Dive into the research topics of 'What affects corporate commercialization of public technology transfer in Korea?'. Together they form a unique fingerprint.

    Cite this