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A Research on the Impacts of Technology Rransfer in Government-sponsored Research to the Growth of Technology Licensees  

Kim, Junhuck (한국과학기술정보연구원 슈퍼컴퓨팅본부)
Publication Information
Journal of Korea Technology Innovation Society / v.20, no.4, 2017 , pp. 1159-1191 More about this Journal
Abstract
This study considered technology commercialization as a sort of external R&D of the licensee firm. Then, this study analyzed industrial characteristics of technology commercialization and interactions between internal R&D and technology commercialization from the licensee's viewpoint. Data from NTIS (National science and Technology Information Service) and KED (Korea Enterprise Database) were matched. 7,645 technology commercializations from 1,980 firms were extracted. Afterward, OLS and quantile regression were applied to the extracted data. The impact of technology commercialization on firm growth was concentrated to few high-tech and medium high-tech firms. Technology commercialization was effective in the growth in a year while internal R&D was effective in the growth in two years. The firm size was insiginificant variable. In analysis of 4 selected industries (automobile, electronics, semiconductor, chemistry), the impact was skewed among industries. Though the importance of technology commercialization is widely acknowledged, quantitative analyses like this study are uncommon. Therefore, this study can be useful for the tailored industry solutions for technology commercialization.
Keywords
Technology commercialization; Open innovation; Technology transfer;
Citations & Related Records
Times Cited By KSCI : 4  (Citation Analysis)
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