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How absorptive capacity is formed? : From foreign technology licensing to indigenous R&D and innovation in Korea

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  • How absorptive capacity is formed?
  • Chung, Moon Young; Lee, Keun
  • Asia-Pacific Economic and Business History Conference


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Title How absorptive capacity is formed?
Similar Titles
Sub Title

From foreign technology licensing to indigenous R&D and innovation in Korea

Material Type Articles
Author(English)

Chung, Moon Young; Lee, Keun

Publisher

Berkeley:Asia-Pacific Economic and Business History Conference

Date 2011-02
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < General
Official Aid < Development Assistance
Holding APEBH

Abstract

While the literature tend to use in-house R&D as a proxy for absorption capacity and be silent about where this ability of doing R&D has come from, this paper has tried to dig out the origin of absorption capacity after defining it first as being able to conduct one’s own in-house R&D and second as being thereby able to generate innovation outcomes. This paper distinguish three forms of foreign technology acquisitions based on the unique archive data from Korea, such as know-how only licensing, know-how plus patent licensing, and patent only licensing. This data show that the majority of the Korean firms started with know-how only licensing, while licensing involving patents came later. (The rest omitted)

User Note

Paper prepared for the the Asia-Pacific Economic and Business History Conference 2011, held in Berkeley, California, USA, on 18-20 February 2011