Technology Market Transactions

Technology Market Transactions PDF Author: Frank Tietze
Publisher: Edward Elgar Publishing
ISBN: 1781953589
Category : Law
Languages : en
Pages : 397

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Book Description
'This study of technology auctions is long overdue. The book provides a better understanding of intermediaries, and their role and impact in markets for technology. Both scholars and managers will find it insightful.' Alfonso Gambardella, Bocconi University, Italy 'From this book, managers, academics and innovation policy makers will all benefit from new insights into the complex relationships between external technology exploitation strategies, patents, technology trade and open innovation processes. The convincing evidence drawn from a dataset of technology auctions helps firms to understand which of their patents are suitable for auction, and also provides guidance to intermediaries to help improve the auction models. The data presented in this book contributes to further price transparency on technology markets and hence to their further development.' Hugo Tschirky, ETH Zurich, Switzerland Within the open innovation paradigm, firms need to operate efficiently in markets for technology. This book presents original research on technology transactions, market intermediaries and, specifically, the role of auctions as a novel transaction model for patented technologies. Frank Tietze delivers an in-depth discussion of the impact of empirical results upon transaction cost theory, and in so doing, provides the means for better understanding technology transaction processes in general, and auctions in particular. Substantiating transaction cost theory with empirical auction data, the author goes on to explore how governance structures need to be designed for effective distributed innovation processes. He concludes that the auction mechanism is a viable transaction model, and illustrates that the auction design, as currently operated by market intermediaries, requires thorough adjustments. Various options for possible improvements are subsequently prescribed. The theoretical facets of this book will strongly appeal to business economists, whilst its practical implications will provide an illuminating read for both academics and practitioners in the fields of innovation and intellectual property. Revealing empirically substantiated technology prices, this book will also prove to be of great interest to policy makers for further developing the markets for technology.

Technology Market Transactions

Technology Market Transactions PDF Author: Frank Tietze
Publisher: Edward Elgar Publishing
ISBN: 1781953589
Category : Law
Languages : en
Pages : 397

Get Book Here

Book Description
'This study of technology auctions is long overdue. The book provides a better understanding of intermediaries, and their role and impact in markets for technology. Both scholars and managers will find it insightful.' Alfonso Gambardella, Bocconi University, Italy 'From this book, managers, academics and innovation policy makers will all benefit from new insights into the complex relationships between external technology exploitation strategies, patents, technology trade and open innovation processes. The convincing evidence drawn from a dataset of technology auctions helps firms to understand which of their patents are suitable for auction, and also provides guidance to intermediaries to help improve the auction models. The data presented in this book contributes to further price transparency on technology markets and hence to their further development.' Hugo Tschirky, ETH Zurich, Switzerland Within the open innovation paradigm, firms need to operate efficiently in markets for technology. This book presents original research on technology transactions, market intermediaries and, specifically, the role of auctions as a novel transaction model for patented technologies. Frank Tietze delivers an in-depth discussion of the impact of empirical results upon transaction cost theory, and in so doing, provides the means for better understanding technology transaction processes in general, and auctions in particular. Substantiating transaction cost theory with empirical auction data, the author goes on to explore how governance structures need to be designed for effective distributed innovation processes. He concludes that the auction mechanism is a viable transaction model, and illustrates that the auction design, as currently operated by market intermediaries, requires thorough adjustments. Various options for possible improvements are subsequently prescribed. The theoretical facets of this book will strongly appeal to business economists, whilst its practical implications will provide an illuminating read for both academics and practitioners in the fields of innovation and intellectual property. Revealing empirically substantiated technology prices, this book will also prove to be of great interest to policy makers for further developing the markets for technology.

Markets for Technology

Markets for Technology PDF Author: Ashish Arora
Publisher: MIT Press
ISBN: 0262261367
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
The past two decades have seen a gradual but noticeable change in the economic organization of innovative activity. Most firms used to integrate research and development with activities such as production, marketing, and distribution. Today firms are forming joint ventures, research and development alliances, licensing deals, and a variety of other outsourcing arrangements with universities, technology-based start-ups, and other established firms. In many industries, a division of innovative labor is emerging, with a substantial increase in the licensing of existing and prospective technologies. In short, technology and knowledge are becoming definable and tradable commodities. Although researchers have made significant advances in understanding the determinants and consequences of innovation, until recently they have paid little attention to how innovation functions as an economic process. This book examines the nature and workings of markets for intermediate technological inputs. It looks first at how industry structure, the nature of knowledge, and intellectual property rights facilitate the development of technology markets. It then examines the impacts of these markets on firm boundaries, the division of labor within the economy, industry structure, and economic growth. Finally, it examines the implications of this framework for public policy and corporate strategy. Combining theoretical perspectives from economics and management with empirical analysis, the book also draws on historical evidence and case studies to flesh out its research results.

Bringing New Technology to Market

Bringing New Technology to Market PDF Author: Kathleen R. Allen
Publisher: Pearson
ISBN:
Category : Business & Economics
Languages : en
Pages : 392

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Book Description
This book presents a comprehensive look at the issues related to the commercialization of intellectual property, and contains three major themes that infuse all of the concepts presented: value creation, speed, and entrepreneurship. It enables readers to understand different business models and processes from mainstream types of businesses, and teaches them how to successfully commercialize the intellectual property they develop. The book focuses on management, marketing, product development, and operations strategies that work in a high tech environment. A four-part organization covers: The Foundations of Technology Commercialization, Intellectual Property and Valuation, Financial Strategies for Technology Start-Ups, and The Transition from R&D to Operations. For potential entrepreneurs and corporate venturers.

The Digital Economy

The Digital Economy PDF Author: Don Tapscott
Publisher: McGraw-Hill Companies
ISBN: 9780070633421
Category : Computers
Languages : en
Pages : 342

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Book Description
Looks at how the Internet is affecting businesses, education, and government, touching on the twelve themes of the new economy and privacy issues

China's Industrial Technology

China's Industrial Technology PDF Author: Shulin Gu
Publisher: Routledge
ISBN: 1134738331
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
Offering a comprehensive review of reform policy, followed by an examination of major approaches to institutional restructuring, Shulin Gu explores the way in which China's industrial technology has responded to economic reforms. At the heart of the work is the argument that market reform and organisational change are closely interdependent. Gu outlines the interaction of the two in China and reveals the damage which may result if market reform is not accompanied by new organisational design. Analysis of these issues is drawn from first-hand experience of Chinese technology systems, supported by insights from technological innovation economics and transaction cost economics.

Science and Technology Policy - Volume II

Science and Technology Policy - Volume II PDF Author: Rigas Arvanitis
Publisher: EOLSS Publications
ISBN: 1848260598
Category : Political Science
Languages : en
Pages : 372

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Book Description
Science and Technology Policy theme is a component of Encyclopedia of Technology, Information, and Systems Management Resources in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. Science and technology policy covers all the public sector measures designed for the creation, funding, support, and mobilization of scientific and technological resources. The content of the Theme on Science and technology policy provides the essential aspects and a myriad of issues of great relevance to our world such as: Science and Technology Policy; International Dimensions of Science and Technology Policy; The Innovation System; The Policy Making Process in Science and Technology; Regional Perspectives: A New Scenario for Science and Technology Policies in the Developed and Developing World . These two volumes are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs

Equity Markets, Transaction Costs, and Capital Accumulation

Equity Markets, Transaction Costs, and Capital Accumulation PDF Author: Valerie R. Bencivenga
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 60

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Book Description


Technology, Market Structure and Internationalization

Technology, Market Structure and Internationalization PDF Author: Nagesh Kumar
Publisher: Routledge
ISBN: 1134688105
Category : Business & Economics
Languages : en
Pages : 177

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Book Description
Technology, Market Structure and Internationalization discusses the domestic and external factors that impinge upon the process of technological capability building in developing countries and draws policy implications. Specifically, it examines the interaction between technological effort in developing countries. Providing fresh insights, this volume will be of interest to researchers in development economics as well as to those involved with the creation of policy in developing countries.

Control, operation and trading strategies of intermittent renewable energy in smart grids

Control, operation and trading strategies of intermittent renewable energy in smart grids PDF Author: Dongliang Xiao
Publisher: Frontiers Media SA
ISBN: 2832520936
Category : Technology & Engineering
Languages : en
Pages : 552

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Book Description


Markets in the Making

Markets in the Making PDF Author: Michel Callon
Publisher: Princeton University Press
ISBN: 1942130589
Category : Social Science
Languages : en
Pages : 270

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Book Description
Slicing through blunt theories of supply and demand, Callon presents a rigorously researched but counterintuitive model of how everyday market activity gets produced. If you’re convinced you know what a market is, think again. In his long-awaited study, French sociologist and engineer Michel Callon takes us to the heart of markets, to the unsung processes that allow innovations to become robust products and services. Markets in the Making begins with the observation that stable commercial transactions are more enigmatic, more elusive, and more involved than previously described by economic theory. Slicing through blunt theories of supply and demand, Callon presents a rigorously researched but counterintuitive model of market activity that emphasizes what people designing products or launching startups soon discover—the inherent difficulties of connecting individuals to things. Callon’s model is founded upon the notion of “singularization,” the premise that goods and services must adapt and be adapted to the local milieu of every individual whose life they enter. Person by person, thing by thing, Callon demonstrates that for ordinary economic transactions to emerge en masse, singular connections must be made. Pushing us to see markets as more than abstract interfaces where pools of anonymous buyers and sellers meet, Callon draws our attention to the exhaustively creative practices that market professionals continuously devise to entangle people and things. Markets in the Making exemplifies how prototypes, fragile curiosities that have only just been imagined, are gradually honed into predictable objects and practices. Once these are active enough to create a desired effect, yet passive enough to be transferred from one place to another without disruption, they will have successfully achieved the status of “goods” or “services.” The output of this more ample process of innovation, as redefined by Callon, is what we recognize as “the market”—commercial activity, at scale. The capstone of an influential research career at the forefront of science and technology studies, Markets in the Making coherently integrates the empirical perspective of product engineering with the values of the social sciences. After masterfully redescribing how markets are made, Callon culminates with a strong empirical argument for why markets can and should be harnessed to enact social change. His is a theory of markets that serves social critique.