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| Tekijä: | Pries, F. Guild, P. |
| Otsikko: | Commercial exploitation of new technologies arising from university research: start-ups and markets for technology |
| Lehti: | R & D Management
2007 : SEP, VOL. 37:4, p. 319-328 |
| Asiasana: | new products markets commercialization technology new enterprise Canada USA universities research |
| Kieli: | eng |
| Tiivistelmä: | Start-up firm creation is an important method of commercializing new technologies (hereafter as: t./ts.) arising from R&D at universities and other research institutions. Most research into start-ups presumes products or services (here as: p-or-s.) to be developed by these firms. However, start-ups may operate through markets for technology (here as: m-for-t.) by selling or licensing rights to use their t. to other firms, typically established firms developing and selling new p-or-s. based on the t. In this study of 57 public start-up firms created to commercialize the results of university research, there is found evidence that 1. operating through m-for-t. is a common approach to commercialization, 2. start-ups operating in m-for-t. can be effectively distinguished in practice from start-ups operating through product markets, and 3. there are substantive differences in the business activities of firms depending on whether they operate through product markets or m-for-t. |
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