Is the alignment between public research organisations' R&D competence and policies really critical for technology transfer?

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This study examines the effects of commercially-oriented research and development (R&D) competence and technology commercialisation (TC) policies in public research organisations (PROs) on R&D efficiency of companies when they receive technology transfer from PROs. This study especially uses three-stage data envelopment analysis in order to control the companies’ absorptive capacity and innovation hurdles that affect the efficiency. The results show that companies that receive technology transfer from PROs that have good alignment between commercially-oriented R&D competence and TC policies have higher R&D efficiency than companies that do not. On the other hand, the misalignment between PROs’ commercially-oriented R&D competence and TC policies can have negative effects on R&D efficiency of companies that receive technology transfer. Consequently, this study discloses that the alignment between technology transferor's commercially-oriented R&D competence and TC policies is critical for improving the R&D efficiency of companies when the companies acquire technologies from external organisations.
Publisher
OXFORD UNIV PRESS
Issue Date
2021-02
Language
English
Article Type
Article
Citation

SCIENCE AND PUBLIC POLICY, v.48, no.1, pp.93 - 104

ISSN
0302-3427
DOI
10.1093/scipol/scaa062
URI
http://hdl.handle.net/10203/286317
Appears in Collection
MG-Journal Papers(저널논문)
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