1994
DOI: 10.1111/1540-5885.1140325
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Strategies for Linking Vertical Cooperative R&D to Commercialization in Korea

Abstract: Since 1982, the government of Korea has actively promoted vertical cooperative R&D programs between government‐sponsored research institutes (GRIs) and private firms. A number affirms participated in the programs because cooperative R&D could lower the risk and could contribute to rapid commercialization of many technologies. In this article, Chulwon Lee, Zong‐Tae Bae, and Jinjoo Lee examine the effectiveness of participant firms' strategies for commercial utilization of cooperative R&D results, from the viewp… Show more

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Cited by 4 publications
(2 citation statements)
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“…There are also a number of literature referring to vertical cooperative R&D, such as [14][15][16][17][18]. Remarkably, some literature studies the contract design for solving free-riding problem emerging from R&D technology spillover in the supply chain, like [19,20].…”
Section: Literature Reviewmentioning
confidence: 99%
“…There are also a number of literature referring to vertical cooperative R&D, such as [14][15][16][17][18]. Remarkably, some literature studies the contract design for solving free-riding problem emerging from R&D technology spillover in the supply chain, like [19,20].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Relatedness to the main business captures how closely the target technology is related to the company's main business. Lee et al (1994) operationalized the relatedness of R&D projects through their correlation with products, R&D and manufacturing, customers, marketing and distribution channels, and competitors. Based on this approach, relevant measures were modified to better capture a project's relatedness to the company's main business.…”
Section: Independent Variablesmentioning
confidence: 99%