BENEFITS FROM USING SURROGATE ENTREPRENEURS IN TECHNOLOGY COMMERCIALIZATION

Is there a benefit to encourage more surrogates to take scientific discoveries to commercial markets in lieu of technologists or in support of technologists? This paper reports on a survey that contrasted two groups of technology entrepreneurs. The first group includes technologists who start compan...

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Bibliographic Details
Published inInternational Journal of Innovation and Technology Management (IJITM) Vol. 8; no. 4; pp. 521 - 534
Main Author KASSICIEH, SUL
Format Journal Article
LanguageEnglish
Published World Scientific Publishing Company 01.12.2011
World Scientific Publishing
World Scientific Publishing Co. Pte. Ltd
SeriesInternational Journal of Innovation and Technology Management (IJITM)
Subjects
Commercialization
Entrepreneurs
Entrepreneurship-Ansatz
Forschungseinrichtung
Innovation
Kommerzialisierung
Research and development
Surrogate entrepreneurs
Technischer Fortschritt
Technology
Technology assessment
technology commercialization
Unternehmensgründung
Surrogate entrepreneurs
technology commercialization
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Summary:Is there a benefit to encourage more surrogates to take scientific discoveries to commercial markets in lieu of technologists or in support of technologists? This paper reports on a survey that contrasted two groups of technology entrepreneurs. The first group includes technologists who start companies based on their technology whereas the second group is made of surrogate entrepreneurs who "adopt" someone else's technology and build companies around them with or without the help of the original technical innovator. The results indicate that technologists favored technology issues whereas surrogates were more interested in market issues. These behaviors led to differences in the groups' emphases, success factors, and funding. The recommendations for R&D organizations include a prescription for encouraging more surrogate entrepreneurs to move technological innovations into successful companies.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0219-8770
1793-6950
1793-6950
DOI:10.1142/S0219877011002532