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Modes of knowledge transfer from PROs and firm performance: the case of Korea

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Issue Date
2009-10
Publisher
Institute of Economic Research, Seoul National University
Citation
Seoul Journal of Economics, Vol.22 No.4, pp. 499-528
Keywords
Knowledge transferUniversity-industry interactions
Abstract
This paper aims to conceptualize the modes of knowledge transfer from PROs and to identify the impacts of the modes on firm performance. To these ends, this utilizes the Survey on Korean industry-university/PRI relationships to estimate the impacts of its mode in terms of the innovation probability, patents and sales of Korean firms. First, we find that non-IP modes of knowledge transfer and patent/licensing from PROs facilitate the innovation probability or the patent-filing of firms, while business activity does not. Second, non-IP modes of knowledge transfer and patent/ licensing from PROs contribute to industrial innovation, by creat- ing new knowledge through patents, but they face limitations in industrializing knowledge through sales. Third, non-IP modes of knowledge transfer facilitate industrial innovation, through the patent-filing, only in the high-tech industries, while they still face limitations, through sales, even in these industries. This reflect the nature of knowledge industrialization in Korea, and we suggest several policy implications.
ISSN
1225-0279
Language
English
URI
https://hdl.handle.net/10371/67711
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of Economics (SJE)Seoul Journal of Economics vol.22 no.1~4 (2009)
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