Perspectives on Technology Transfer Strategies of Korean Companies in Point of Resource and Capability Based View

Authors

  • Seung-Ho Park Korea Research Institute for Vocational Education and Training
  • Yong-Gil Lee Korea Research Institute for Vocational Education and Training

DOI:

https://doi.org/10.4067/S0718-27242011000100013

Keywords:

technology transfer, resource-based theory, open innovation, performance, R&D outsourcing

Abstract

Technology transfer (or sharing) is a common way to share external sources. There have been many studies on the relationship of self-R&D and technology transfer regarding its theoretical background and its efficiency. This present research has been developed by examining how a concrete measure of a company or a firm's real performance (increased sales ratio; growth rate) is related to the variables of resources and capabilities using the resource-based theory and open innovation model.

The approach of this research is unique in that it examines a sample comprising of licensing-in and technological cooperation variables, categorizes forms according to industry, and looks at such unique variables as a "process" (the ratio of CEO's and related-person's stocks). The data on 361 Korean firms was gathered from Korea's Data Analysis, Retrieval, and Transfer System and Worldwide Intellectual Property Search. Findings show that human, technology, and fixed assets are related positively to financial performance, and searching, absorbing, and openness capabilities as a control effect is related positively to a firm's increased sales ratio. Strategic plans for technology transfer companies are also included in this research.

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Author Biographies

Seung-Ho Park, Korea Research Institute for Vocational Education and Training

Dr. Yong-GIL Lee is currently affiliated with the Korea Research Institute for Vocational Education and Training (KRIVET) as a research fellow.

Before joining KRIVET, Dr. Lee was a senior researcher at KIST (Korea Institute of Science and Technology), where he was responsible for planning and management of technological innovation for nine years. Since March 2007, he has been an adjunct professor in department of technology management and policy at university of science and technology (UST). He also has been a lecturer of R&D Management at Korean major universities including Yonsei univ., Korea univ., and Hanyang univ.

He has presented and/or published more than 30 papers in international conferences and peer-reviewed journals and proceedings such as Scientometrics, Technovation, Journal of Engineering and Technology Management, Asian Journal of Technology Innovation, etc.

His research covers various topics in innovation management, including open innovation, triple helix theory, intellectual property rights, human embodied/disembodied innovation, and technology management.

Dr. Lee received his B.S. in mechanical engineering from Seoul National University in Seoul, Korea, and his M.S and Ph.D. in techno-economics and policy program from Seoul National University.

Yong-Gil Lee, Korea Research Institute for Vocational Education and Training

Dr. Yong-GIL Lee is currently affiliated with the Korea Research Institute for Vocational Education and Training (KRIVET) as a research fellow.

Before joining KRIVET, Dr. Lee was a senior researcher at KIST (Korea Institute of Science and Technology), where he was responsible for planning and management of technological innovation for nine years. Since March 2007, he has been an adjunct professor in department of technology management and policy at university of science and technology (UST). He also has been a lecturer of R&D Management at Korean major universities including Yonsei univ., Korea univ., and Hanyang univ.

He has presented and/or published more than 30 papers in international conferences and peer-reviewed journals and proceedings such as Scientometrics, Technovation, Journal of Engineering and Technology Management, Asian Journal of Technology Innovation, etc.

His research covers various topics in innovation management, including open innovation, triple helix theory, intellectual property rights, human embodied/disembodied innovation, and technology management.

Dr. Lee received his B.S. in mechanical engineering from Seoul National University in Seoul, Korea, and his M.S and Ph.D. in techno-economics and policy program from Seoul National University.

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Published

2011-03-01

How to Cite

Park, S.-H., & Lee, Y.-G. (2011). Perspectives on Technology Transfer Strategies of Korean Companies in Point of Resource and Capability Based View. Journal of Technology Management & Innovation, 6(1), 161–184. https://doi.org/10.4067/S0718-27242011000100013

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Case Studies