specialized commercialization capabilities. According to the predominant framework, if the innovation is protected by a strong … appropriabilty regime the optimal strategy is to license the innovation to an incumbent product firm. This paper argues by contrast … commercialize alone or to pursue a hybrid arrangement (called co-promotion) whereby it licenses the innovation but retains the …

R&D investment that fails to lead directly to technological innovation of technology-based start-ups. This paper … analyzes the factors that influence technological innovation in Korean technology-based start-ups based on the resource … entrepreneurship on technological innovation. First, a start-up's technological capabilities measured by patents and technological …