A Study of Influencing Factors through the Follow-up on Commercialization of Transferred Technology from Government Funded Research Lab : A Case Study of A-institute

Abstract

An empirical analysis study applied to evaluate the effect of critical factors for technology transfer. The research aims to suggest ways of political support in order to facilitate technological transfer and commercialization of public research institute'technology. Based on previous researches, it is determined that five critical factors which effect on technology commercialization. These critical factors are used to derive the order of priority, attribute of the success, and failure factors. The result of this research emphasized on both roles of technology introduction motivation and type of technology transfer. In order to collect data for this research, it is carried out that survey and field study toward to technology user such as manufacturing companies which have contracted with institute A. This research has a meaning in aspects of verification of previous hypothesis through scientific approach and new findings of a significant factor that motivation determines the success or failure of technology commercialization. †

Effects of Technology Commercialization Proactiveness on Commercialization Success: The Case of ETRI in Korea

“…Government support R&D projects, funding support, related laws and institutions -Commercialization environment technology financing, industrial characteristics, market size, market volatility, competitive situation, etc. [30,32] Cooperation partnership collaborative relationships, communications, trust, etc. [19,21,22,31,32] Min and Kim [28] and Min et al [32] have investigated the impact of technologies transferred from PRIs on commercialization success.…”

“…The author has concluded that the strategy of engaging the inventor can favorably influence the success of entrepreneurial commercialization. Jung et al [21] and Yun et al [30] have analyzed commercialization success and/or failure factors in technology transfers from GRIs. They found that a company's marketing capability, a developer's cooperation, a CEO's willingness, the market size, and technology originality were major success factors.…”

“…Previous studies have generally measured the concept of a company's willingness to commercialize through responses to survey questions on Likert scales ranging from 1 to 5 [25,30,50]. However, these studies have a weakness in that their results have a large variance depending on respondents' inclinations and circumstances, making standardization impossible.…”

“…There are several classification techniques, including logistic regression analysis (LRA) and decision tree analysis (DTA). Previous studies that analyzed success factors of technology commercialization most commonly used LRA [19,22,28,30,31] and rarely used DTA [21].…”

“…We first focused on the two success factors mentioned most often in previous studies. These are companies' willingness to commercialize technology [20,[27][28][29][30] and cooperative partnerships between a technology provider and an adopter [19,21,22,31,32]. However, there is another problem in that although the importance of these two factors is recognized, it is difficult to objectively measure them.…”