Organizational paths of commercializing patented inventions: The effects of transaction costs, firm capabilities, and collaborative ties
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.
|Date of creation:||11 Apr 2011|
|Date of revision:|
|Contact details of provider:|| Postal: CIRCLE, Lund University, PO Box 117, SE-22100 Lund, Sweden|
Phone: +46 (0) 46 222 74 68
Web page: http://www.circle.lu.se/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:hhs:lucirc:2011_003. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Markus Grillitsch)
If references are entirely missing, you can add them using this form.