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We need to talk – or do we? Geographic distance and the commercialization of technologies from public research
- Source :
- Research Policy. 42:465-480
- Publication Year :
- 2013
- Publisher :
- Elsevier BV, 2013.
-
Abstract
- Using a new dataset with detailed geographic information about licensing activities of the German Max Planck Society, we analyze how the probability and magnitude of commercial success are affected by geographic distance between licensors and licensees. Our evidence suggests that proximity does not generally lead to superior commercialization outcomes. A significantly negative association between distance and commercialization success is identified only for foreign licensees within the subsample of inventions licensed to more than one firm. Positive associations between distance and performance indicators are not robust to controlling for invention quality or selection into licensing.
- Subjects :
- Strategy and Management
media_common.quotation_subject
Public research
Negative association
Management Science and Operations Research
Commercialization
jel:L26
Geographical distance
jel:O34
Management of Technology and Innovation
jel:L24
jel:R30
academic inventions, licensing, spin-off entrepreneurship, geographic distance
Quality (business)
Performance indicator
Business
Marketing
media_common
Subjects
Details
- ISSN :
- 00487333
- Volume :
- 42
- Database :
- OpenAIRE
- Journal :
- Research Policy
- Accession number :
- edsair.doi.dedup.....29d490f1858f9b7af6910812b76cf338