Research and technology commercialization

Gideon D. Markman, Donald Siegel, Mike Wright

Research output: Contribution to journalArticle

165 Citations (Scopus)

Abstract

This paper introduces the special themed section on organizational interactions involving universities and firms that result in the commercialization of research and technology. Our objective is to shed light on some of the most vexing, yet under-researched predicaments research institutions encounter, despite their best efforts to advance commercialization. First, we synthesize and extend recent studies, including the papers in the special themed section. Next, we develop a taxonomy of modes of commercialization. Specifically, we consider internal approaches, quasi-internal approaches (e.g. incubators), university research parks, regional clusters, academic spin-offs and start-ups, licensing, contract research and consultancy, corporate venture capital, and open science and innovation. We also identify areas for further research at the individual (e.g. heterogeneity of entrepreneurial teams and experience; incentives), organizational and intra-university (e.g. corporate governance; nature of growth strategies; relationships with trading partners; boundary spanning activities) and technology levels (e.g. institutional context; reconfiguration of technology; valuation of technology).

Original languageEnglish (US)
Pages (from-to)1401-1423
Number of pages23
JournalJournal of Management Studies
Volume45
Issue number8
DOIs
StatePublished - Dec 1 2008

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Taxonomies
Innovation
Technology commercialization
Commercialization
Boundary spanning
Start-ups
Institutional context
Incubator
Consultancy
Incentives
Licensing
Entrepreneurial teams
Academic spin-offs
Taxonomy
Corporate venture capital
Interaction
Open science
Open innovation
Corporate governance
Regional clusters

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management
  • Management of Technology and Innovation

Cite this

Research and technology commercialization. / Markman, Gideon D.; Siegel, Donald; Wright, Mike.

In: Journal of Management Studies, Vol. 45, No. 8, 01.12.2008, p. 1401-1423.

Research output: Contribution to journalArticle

Markman, Gideon D. ; Siegel, Donald ; Wright, Mike. / Research and technology commercialization. In: Journal of Management Studies. 2008 ; Vol. 45, No. 8. pp. 1401-1423.
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