Patent-based framework for assisting entrepreneurial firms’ R&D partner selection: Leveraging their limited resources and managing the tension between learning and protection

Su Jung Jee, So Young Sohn

Research output: Contribution to journalArticlepeer-review

13 Citations (Scopus)

Abstract

One of the critical attributes for successful R&D collaboration with external organizations is finding appropriate partners. When choosing R&D partners, entrepreneurial firms confront challenges on how to leverage their limited resources and manage the tension between learning and protection. Given those challenges, this study suggests a patent-based framework for helping technology-based entrepreneurial firms select R&D partners. Our framework identifies candidate partners with complementary technological capabilities for an entrepreneurial firm and evaluates candidates by considering both the potential of learning and risk from unintended knowledge spillovers. As a case example, the framework is applied to a firm in the IoT industry.

Original languageEnglish
Article number101575
JournalJournal of Engineering and Technology Management - JET-M
Volume57
DOIs
Publication statusPublished - 2020 Jul 1

Bibliographical note

Funding Information:
This work was supported by the National Research Foundation of Korea (NRF) grant funded by the Korea government (MSIP) ( 2016R1A2A1A05005270 ) and (MSIT) ( 2020R1A2C2005026 ).

Publisher Copyright:
© 2020 Elsevier B.V.

All Science Journal Classification (ASJC) codes

  • Industrial relations
  • Engineering(all)
  • Strategy and Management
  • Management Science and Operations Research
  • Information Systems and Management

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