In this study, the various influencing factors presented in the prior studies in Korea relating to technology commercialization were classified and grouped into 8 upper group factors and 16 subgroup factors based on their theoretical background. Meta-Analysis was then conducted to figure out the average effects size of overall influencing factors and to identify the key success factors of technology commercialization. In addition, moderator effects were analyzed based on paper type, data type, and sample size. The results showed .3576 of correlation coefficient (ESr) as the summary effect size from 72 studies with 18,370 samples and six (6) factors were derived as the key success factors of technology commercialization: Marketing Capability, Strategic Planning, Manufacturing Capability, Internal Cooperation, External Cooperation, and Learning Capability. Moderator effects were found with data type and sample size but no significant results were obtained with the paper type.
The purpose of this study is to identify core influencing factors of technology commercialization at a firm level in Korea and to propose a comprehensive model of a successful technology commercialization process. The data was collected from 70 studies selected through a systematic literature review, and two meta-analytic methods were applied to analyze these data. First, we analyzed the data by a meta-analysis(MA) method and identified six key factors influencing the success of the technology commercialization. The results of meta-analysis showed 0.3672 of correlation coefficient as overall average effects size which corresponded to a high side of medium effect. Next, we conducted a meta-analytic structural equation modeling(MASEM) to test relationships among these variables and to present a conceptual model of technology commercialization. The adjusted model showed a better fit to the data and significant path coefficients, and thus was adopted as the final research model of technology commercialization of the present study.
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