Organizational paths of commercializing patented inventions: The effects of transaction costs, firm capabilities, and collaborative ties
| Title: | Organizational paths of commercializing patented inventions: The effects of transaction costs, firm capabilities, and collaborative ties |
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| Format: | Working Paper |
| Publication Date: | 2011 |
| Description: | 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. |
| Ivan Allen College Contributors: | |
| External Contributors: | Taehyun Jung |
| Citation: | Organizational paths of commercializing patented inventions: The effects of transaction costs, firm capabilities, and collaborative ties |
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| Related File: | wp61.pdf |
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