Title:
Organizational paths of commercializing patented inventions: The effects of transaction costs, firm capabilities, and collaborative ties
Organizational paths of commercializing patented inventions: The effects of transaction costs, firm capabilities, and collaborative ties
Files
Author(s)
Jung, Taehyun
Walsh, John P.
Walsh, John P.
Advisor(s)
Editor(s)
Collections
Supplementary to
Permanent Link
Abstract
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.
Sponsor
Date Issued
2011-04
Extent
Resource Type
Text
Resource Subtype
Working Paper