How innovation intermediaries are shaping the technology market? An analysis of their business model
AbstractIn an era with abundant and widely distributed knowledge across the globe, technology markets became prominent. As technology transactions suffer from several market imperfections, a rapidly increasing number of various innovation intermediaries are facilitating these transactions. We analyse how a subset of these intermediaries create value in a two-sided market and how they can capture part of the value. A detailed analysis of the business model of 12 innovation intermediaries clarifies how these organizations improve the effectiveness of technology markets providing benefits for both sides of the market. We also look at managerial trade-offs between the use of intermediaries’ services and in-house innovation platforms.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 20458.
Date of creation: 2009
Date of revision: 2010
innovation intermediaries; open innovation; business model; two-sided markets;
Other versions of this item:
- Lopez, Henry & Vanhaverbeke, Wim, 2009. "How innovation intermediaries are shaping the technology market? An analysis of their business model," MPRA Paper 27016, University Library of Munich, Germany, revised 2010.
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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