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Characteristics of technology transfer in business ventures

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  • Characteristics of technology transfer in business ventures
  • Sung, Tae Kyung; Gibson, David V.; Kang, Byung-Su
  • Elsevier Science


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Title Characteristics of technology transfer in business ventures
Similar Titles
Material Type Articles
Author(English)

Sung, Tae Kyung; Gibson, David V.; Kang, Byung-Su

Publisher

Amsterdam:Elsevier Science

Date 2003
Journal Title; Vol./Issue Technological Forecasting & Social Change:Vol. 70
Pages 18
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Industry and Technology < Others
Holding Elsevier Science

Abstract

This article explores the characteristics of venture business and entrepreneurs in Korea to (1) identify technology transfer activities, (2) analyze the differences between technology transfer in linear and nonlinear venture businesses, and (3) guide more effective venture business policy and strategy. This empirical assessment reveals that entrepreneurs have insightful evaluations about their resources and capacities as well as expectations with regard to functions and features of science parks and incubators. Respondents from ‘‘linear model’’-based start-ups tend to be older and have higher education, employ more basic research and development (R&D) and have more R&D-oriented careers, and have more varied work experience than ‘‘nonlinear’’-based start-ups. The functions and features of science parks and incubators were generally not considered a critical influence on start-ups nor on the growth of venture businesses. Accordingly, alternative venture-nurturing strategies are discussed as being key to accelerate venture businesses growth.