Opportunity knocks

被引:21
作者
Åstebro, TB [1 ]
Dahlin, KB [1 ]
机构
[1] Univ Toronto, Joseph L Rotman Sch Management, Toronto, ON M5S 3E6, Canada
基金
加拿大自然科学与工程研究理事会;
关键词
technological opportunity; inventors; invention; commercialization;
D O I
10.1016/j.respol.2005.06.003
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Research on technological opportunity has typically focused on the impact of broad industry characteristics on R&D intensity of firms. This study complements such approaches by examining the impact of a multidimensional vector that measures technological opportunity on independent inventors' decisions to patent and commercialize inventions. Using data from 559 inventions and controlling for demand, appropriability, and competitive conditions, we found two of four tested dimensions of technological opportunity - technical performance and technical uncertainty - to be significant and important determinants of the likelihood of commercialization. Technical feasibility appears important in affecting patenting but unimportant in affecting commercialization. Technical significance carries a negative, although insignificant, sign conditioning commercialization. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:1404 / 1418
页数:15
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