IDEAS home Printed from https://ideas.repec.org/a/kap/jtecht/v38y2013i2p153-179.html
   My bibliography  Save this article

R&D Venture: proposition of a technology transfer concept for breakthrough technologies with R&D cooperation: A case study in the energy sector

Author

Listed:
  • Stephan Hess
  • Roland Siegwart

Abstract

At times when the market demands strong active innovation, large industrial corporations with established R&D organizations benefit from screening and developing breakthrough innovation. The ability of established organizations to absorb for future technologies is a key to successfully recognize, explore and capture breakthrough innovations. R&D Venturing is a practical way of bringing about technology transfer and exploration of future technologies through R&D cooperation, which is described in this paper by a multiple case study in the energy sector. Existing literature has been reviewed and an R&D Venturing concept will be suggested with a number of propositions for implementation. The results of the case study strongly support that different perspectives of the concept from industry, academia and the ventures themselves have to be carefully understood. Based on the results of the case study, a conceptual framework and propositions for a successful implementation have been derived. A critical discussion of the R&D Venturing concept shows the need for further empirical investigation. Copyright Springer Science+Business Media, LLC 2013

Suggested Citation

  • Stephan Hess & Roland Siegwart, 2013. "R&D Venture: proposition of a technology transfer concept for breakthrough technologies with R&D cooperation: A case study in the energy sector," The Journal of Technology Transfer, Springer, vol. 38(2), pages 153-179, April.
    • Handle: RePEc:kap:jtecht:v:38:y:2013:i:2:p:153-179
    DOI: 10.1007/s10961-012-9249-8
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10961-012-9249-8
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10961-012-9249-8?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Mike Wright & Bart Clarysse & Philippe Mustar & Andy Lockett, 2007. "Academic Entrepreneurship in Europe," Books, Edward Elgar Publishing, number 4041.
    2. Martin Woerter, 2012. "Technology proximity between firms and universities and technology transfer," The Journal of Technology Transfer, Springer, vol. 37(6), pages 828-866, December.
    3. Ekaterina Bjørnåli & Magnus Gulbrandsen, 2010. "Exploring board formation and evolution of board composition in academic spin-offs," The Journal of Technology Transfer, Springer, vol. 35(1), pages 92-112, February.
    4. Katrin Hussinger, 2012. "Absorptive capacity and post-acquisition inventor productivity," The Journal of Technology Transfer, Springer, vol. 37(4), pages 490-507, August.
    5. Dushnitsky, Gary & Lenox, Michael J., 2005. "When do incumbents learn from entrepreneurial ventures?: Corporate venture capital and investing firm innovation rates," Research Policy, Elsevier, vol. 34(5), pages 615-639, June.
    6. Hall, Bronwyn H & Link, Albert N & Scott, John T, 2001. "Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 87-98, January.
    7. Bruce R. Barringer & Allen C. Bluedorn, 1999. "The relationship between corporate entrepreneurship and strategic management," Strategic Management Journal, Wiley Blackwell, vol. 20(5), pages 421-444, May.
    8. Daniel A. Levinthal & James G. March, 1993. "The myopia of learning," Strategic Management Journal, Wiley Blackwell, vol. 14(S2), pages 95-112, December.
    9. Schilling, Melissa A. & Esmundo, Melissa, 2009. "Technology S-curves in renewable energy alternatives: Analysis and implications for industry and government," Energy Policy, Elsevier, vol. 37(5), pages 1767-1781, May.
    10. Belderbos, Rene & Carree, Martin & Lokshin, Boris, 2004. "Cooperative R&D and firm performance," Research Policy, Elsevier, vol. 33(10), pages 1477-1492, December.
    11. Miotti, Luis & Sachwald, Frederique, 2003. "Co-operative R&D: why and with whom?: An integrated framework of analysis," Research Policy, Elsevier, vol. 32(8), pages 1481-1499, September.
    12. Audretsch, David B. & Bozeman, Barry & Combs, Kathryn L. & Feldman, Maryann & Link, Albert N. & Siegel, Donald S. & Stephan, Paula, 2002. "The Economics of Science and Technology," The Journal of Technology Transfer, Springer, vol. 27(2), pages 155-203, April.
    13. James D. Adams, 2005. "Industrial R&D Laboratories: Windows on Black Boxes?," The Journal of Technology Transfer, Springer, vol. 30(2_2), pages 129-137, January.
    14. Gautam Ahuja & Curba Morris Lampert, 2001. "Entrepreneurship in the large corporation: a longitudinal study of how established firms create breakthrough inventions," Strategic Management Journal, Wiley Blackwell, vol. 22(6‐7), pages 521-543, June.
    15. Massimo Colombo & Diego D’Adda & Evila Piva, 2010. "The contribution of university research to the growth of academic start-ups: an empirical analysis," The Journal of Technology Transfer, Springer, vol. 35(1), pages 113-140, February.
    16. Rebecca Henderson, 1993. "Underinvestment and Incompetence as Responses to Radical Innovation: Evidence from the Photolithographic Alignment Equipment Industry," RAND Journal of Economics, The RAND Corporation, vol. 24(2), pages 248-270, Summer.
    17. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-596, September.
    18. Martin Andersson & Hans Lööf, 2012. "Small business innovation: firm level evidence from Sweden," The Journal of Technology Transfer, Springer, vol. 37(5), pages 732-754, October.
    19. Damiano Bonardo & Stefano Paleari & Silvio Vismara, 2010. "The M&A dynamics of European science-based entrepreneurial firms," The Journal of Technology Transfer, Springer, vol. 35(1), pages 141-180, February.
    20. Kanter, Rosabeth, 1985. "Supporting innovation and venture development in established companies," Journal of Business Venturing, Elsevier, vol. 1(1), pages 47-60.
    21. Craig Galbraith & Sanford Ehrlich & Alex DeNoble, 2006. "Predicting Technology Success: Identifying Key Predictors and Assessing Expert Evaluation for Advanced Technologies," The Journal of Technology Transfer, Springer, vol. 31(6), pages 673-684, November.
    22. Michel Ferrary, 2008. "Strategic spin-off: a new incentive contract for managing R&D researchers," The Journal of Technology Transfer, Springer, vol. 33(6), pages 600-618, December.
    23. Colm O’Gorman & Orla Byrne & Dipti Pandya, 2008. "How scientists commercialise new knowledge via entrepreneurship," The Journal of Technology Transfer, Springer, vol. 33(1), pages 23-43, February.
    24. Martin Meyer, 2006. "Academic Inventiveness and Entrepreneurship: On the Importance of Start-up Companies in Commercializing Academic Patents," The Journal of Technology Transfer, Springer, vol. 31(4), pages 501-510, July.
    25. Mowery, David C. & Nelson, Richard R. & Martin, Ben R., 2010. "Technology policy and global warming: Why new policy models are needed (or why putting new wine in old bottles won't work)," Research Policy, Elsevier, vol. 39(8), pages 1011-1023, October.
    26. Belderbos, Rene & Carree, Martin & Lokshin, Boris, 2004. "Cooperative R&D and firm performance," Research Policy, Elsevier, vol. 33(10), pages 1477-1492, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qiu, Shumin & Liu, Xielin & Gao, Taishan, 2017. "Do emerging countries prefer local knowledge or distant knowledge? Spillover effect of university collaborations on local firms," Research Policy, Elsevier, vol. 46(7), pages 1299-1311.
    2. James A. Cunningham & Matthias Menter & Chris Young, 2017. "A review of qualitative case methods trends and themes used in technology transfer research," The Journal of Technology Transfer, Springer, vol. 42(4), pages 923-956, August.
    3. Christopher Wilhelm & Erin Thompson & Kristin Giammarco & Clifford Whitcomb, 2020. "System architecture practices to facilitate Department of Defense technology transfer," The Journal of Technology Transfer, Springer, vol. 45(3), pages 705-717, June.
    4. Sara Fernández‐López & David Rodeiro‐Pazos & María Jesús Rodríguez‐Gulías & Manuel Anxo Nogueira‐Moreiras, 2022. "Sustainable university entrepreneurship: Revisiting firm growth patterns," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1334-1346, May.
    5. Prencipe, Antonio & Corsi, Christian & Rodríguez-Gulías, María Jesús & Fernández-López, Sara & Rodeiro-Pazos, David, 2020. "Influence of the regional entrepreneurial ecosystem and its knowledge spillovers in developing successful university spin-offs," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).
    6. Zhen Zhang & Joshua Hinger & David Audretsch & Guojun Song, 2015. "Environmental technology transfer and emission standards for industry in China," The Journal of Technology Transfer, Springer, vol. 40(5), pages 743-759, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Stephan Hess & Roland Y. Siegwart, 2014. "Evaluation of Open Innovation with R&D Alliances for Breakthrough Technologies in the Energy Sector," Business and Management Research, Business and Management Research, Sciedu Press, vol. 3(2), pages 123-137, June.
    2. Christian Sandström & Karl Wennberg & Martin W. Wallin & Yulia Zherlygina, 2018. "Public policy for academic entrepreneurship initiatives: a review and critical discussion," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1232-1256, October.
    3. Thomas Bolli & Martin Woerter, 2013. "Competition and R&D cooperation with universities and competitors," The Journal of Technology Transfer, Springer, vol. 38(6), pages 768-787, December.
    4. Maria Glinyanova & Ricarda B. Bouncken & Victor Tiberius & Antonio C. Cuenca Ballester, 2021. "Five decades of corporate entrepreneurship research: measuring and mapping the field," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1731-1757, December.
    5. Garcia Martinez, Marian & Zouaghi, Ferdaous & Sanchez Garcia, Mercedes, 2017. "Capturing value from alliance portfolio diversity: The mediating role of R&D human capital in high and low tech industries," Technovation, Elsevier, vol. 59(C), pages 55-67.
    6. Peeters, T.J.G., 2013. "External knowledge search and use in new product development," Other publications TiSEM 300ebb34-b090-4210-b95e-f, Tilburg University, School of Economics and Management.
    7. Thomas Bolli & Martin Woerter, 2013. "Technological Diversification and Innovation Performance," KOF Working papers 13-336, KOF Swiss Economic Institute, ETH Zurich.
    8. Scandura, Alessandra & Bolzani, Daniela, 2020. "The Role of Collaboration Networks for Innovation in Immigrant-Owned New Technology-Based Firms," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 202004, University of Turin.
    9. Criscuolo, Paola & Nicolaou, Nicos & Salter, Ammon, 2012. "The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms," Research Policy, Elsevier, vol. 41(2), pages 319-333.
    10. R. Núñez-Sánchez & A. Barge-Gil & A. Modrego-Rico, 2012. "Performance of knowledge interactions between public research centres and industrial firms in Spain: a project-level analysis," The Journal of Technology Transfer, Springer, vol. 37(3), pages 330-354, June.
    11. Paola Cardamone & Valeria Pupo & Fernanda Ricotta, 2016. "Do Firms Benefit from University Research? Evidence from Italy," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 2(3), pages 445-471, November.
    12. Cantner, Uwe & Joel, Kristin & Schmidt, Tobias, 2011. "The effects of knowledge management on innovative success – An empirical analysis of German firms," Research Policy, Elsevier, vol. 40(10), pages 1453-1462.
    13. Martínez-Noya, Andrea & García-Canal, Esteban, 2021. "Innovation performance feedback and technological alliance portfolio diversity: The moderating role of firms’ R&D intensity," Research Policy, Elsevier, vol. 50(9).
    14. Marius Tuft Mathisen & Einar Rasmussen, 2019. "The development, growth, and performance of university spin-offs: a critical review," The Journal of Technology Transfer, Springer, vol. 44(6), pages 1891-1938, December.
    15. Davide Antonioli & Alberto Marzucchi & Maria Savona, 2017. "Pain shared, pain halved? Cooperation as a coping strategy for innovation barriers," The Journal of Technology Transfer, Springer, vol. 42(4), pages 841-864, August.
    16. René Belderbos & Martin Carree & Boris Lokshin & Juan Fernández Sastre, 2015. "Inter-temporal patterns of R&D collaboration and innovative performance," The Journal of Technology Transfer, Springer, vol. 40(1), pages 123-137, February.
    17. Liu, Ming & Shan, Yanfei & Li, Yemei, 2023. "Heterogeneous Partners, R&D cooperation and corporate innovation capability: Evidence from Chinese manufacturing firms," Technology in Society, Elsevier, vol. 72(C).
    18. Erika Raquel Badillo & Rosina Moreno, 2014. "“Are R&D collaborative agreements persistent at the firm level? Empirical evidence for the Spanish case”," IREA Working Papers 201410, University of Barcelona, Research Institute of Applied Economics, revised Mar 2014.
    19. Aguiar, Luis & Gagnepain, Philippe, 2017. "European cooperative R&D and firm performance: Evidence based on funding differences in key actions," International Journal of Industrial Organization, Elsevier, vol. 53(C), pages 1-31.
    20. Christopher S. Hayter & Andrew J. Nelson & Stephanie Zayed & Alan C. O’Connor, 2018. "Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature," The Journal of Technology Transfer, Springer, vol. 43(4), pages 1039-1082, August.

    More about this item

    Keywords

    R&D management; Technology transfer; Innovation management; Breakthrough technologies; Technology life cycle management; Corporate venturing; O31; O32; O33; L2; L3; L64; L97;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
    • L64 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Machinery; Business Equipment; Armaments
    • L97 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Utilities: General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jtecht:v:38:y:2013:i:2:p:153-179. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.