Trade in disembodied technology – the market for technology – has become common, giving firms more strategic options as they can buy, sell and use their technologies internally. At the industry level, this encourages a division of innovative labour between firms with a comparative advantage in the generation of innovation and those better at the development and commercialization of innovations. Technology trade depends upon institutions, demand conditions and the internal organization of firms. Whether markets for technology will thrive is unclear, as is whether strategic patenting will affect their development.

Markets for technology

Arora, Ashish;Fosfuri, Andrea;Gambardella, Alfonso
2018

Abstract

Trade in disembodied technology – the market for technology – has become common, giving firms more strategic options as they can buy, sell and use their technologies internally. At the industry level, this encourages a division of innovative labour between firms with a comparative advantage in the generation of innovation and those better at the development and commercialization of innovations. Technology trade depends upon institutions, demand conditions and the internal organization of firms. Whether markets for technology will thrive is unclear, as is whether strategic patenting will affect their development.
2018
9780230537217
9781137007728
The Palgrave encyclopedia of strategic management
Arora, Ashish; Fosfuri, Andrea; Gambardella, Alfonso
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/4046783
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