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ItemOrganizational paths of commercializing patented inventions: The effects of transaction costs, firm capabilities, and collaborative ties(Georgia Institute of Technology, 2011-04) Jung, Taehyun ; Walsh, John P.This study examines the factors affecting modes of commercializing patented inventions using a novel dataset based on a survey of U.S. inventors. We find that technological uncertainty and possessing complementary assets raise the propensity for internal commercialization. We find that R&D collaboration with firms in a horizontal relationship is likely to increase the propensity to license the invention. In addition, the paper shows that macro-level environment conditions that affect exchange conditions, such as technology familiarity, influence the effects of capabilities on governance choice.
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ItemAmerican scientists survey-phase II(Georgia Institute of Technology, 2011-03-15) Walsh, John P. ; Huang, Hsin-I ; No, Yeonji ; Wartell, Roger M. ; Bayer, Charlene W. ; Tornabene, Thomas G.