Title: Technology absorptive capacity, knowledge transfer and commercialisation: traps and success factors
Authors: John Yencken
Addresses: Australian Graduate School of Entrepreneurship, Swinburne University of Technology, P.O. Box 218, Hawthorn, Vic 3122, Australia
Abstract: New knowledge as such has no value until it is applied. The objectives of this paper relate to the processes involved in the application of new knowledge for such value-adding applications. The constructs involved include knowledge itself, knowledge transfer, technology diffusion and technology absorptive capacity for existing companies and the critical factors in establishing viable and high growth new spin-off ventures. The key success factors that have been identified are few: careful selection of new business and commercialisation channel, adequacy of resources available initially, and effective planning supported by established commercial competence.
Keywords: absorptive capacity; commercialisaton; knowledge transfer; teaching firms; R&D; research and development; technology absorption; traps; success factors; spin-off ventures; technology spin-offs.
International Journal of Technology Transfer and Commercialisation, 2008 Vol.7 No.2/3, pp.129 - 141
Published online: 18 Sep 2008 *Full-text access for editors Access for subscribers Purchase this article Comment on this article