000 03596nam a22003137a 4500
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020 _a9781349422029
040 _arda
_cMSULIB
_bEnglish
_erda
050 0 0 _aHN28 HEW
100 1 _aHewitt, Martin.
_eauthor
245 1 0 _aWelfare and human nature :
_bthe human subject in twentieth-century social politics /
_ccreated by Martin Hewitt.
264 _bSt. Martin's Press,
_c2000.
300 _aviii, 210 pages ;
_c23 cm
336 _2rdacontent
_atext
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
504 _aIncludes bibliographical references and index.
520 _aThis research investigates the strategic governance choices made in commercializing new technologies arising from university research. Departing from the traditional licensing vs. start-up approach, it is proposed that there are three primary methods of commercializing these technologies: (1) Build--creating a new business based on the technology, (2) Rent--ongoing development and marketing of the technology to established firms that use the technology in their businesses and (3) Sell--disposition of the technology to an established firm. Using economic theories of the firm, particularly transaction, cost economics, it is hypothesized that: (1) the build option is positively associated with firms deriving revenue primarily from product market activity (H1a) and expending resources on both technology development activities and production activities (H2a); (2) the rent and sell options are positively associated with firms deriving revenue primarily from technology market activity (H1b) and expending resources on technology development activities but not on production activities (H2b); (3) the greater the patent or other legal protection (H3), the risk of substitutes (H5) or the dynamism associated with the technology (H8), the greater the likelihood that the technology will be commercialized using the rent option; (4) with the technology, the greater the likelihood that the technology will be commercialized using the build or sell options; and (5) the greater the importance of specialized complementary assets, the greater the likelihood that the technology will be commercialized using the sell option (H6). Three studies were conducted providing differing perspectives on the research question. Study #1 examines three start-ups based on new technologies arising from research conducted at the University of Waterloo. Study #2 analyzes the business activities of a number of Canadian and U.S. public start-up firms using archival data. Study #3 is a survey of university faculty members who have had new technologies arising from their academic research put into commercial use. Hypotheses H1a/b, H2a/b and H3 are supported and Hypothesis H7 received more limited support. Evidence for Hypothesis H5 is in the predicted direction but failed to achieve statistical significance. Hypotheses H4, H5, H6 and H8 are not supported
650 0 _aSocial policy
_xPhilosophy.
650 0 _aPublic welfare
_xPhilosophy.
650 0 _aHuman behavior
_xPhilosophy.
650 0 _aPolitical psychology.
856 4 2 _3Contributor biographical information
_uhttp://www.loc.gov/catdir/bios/hol058/00023342.html
856 4 2 _3Publisher description
_uhttp://www.loc.gov/catdir/description/hol051/00023342.html
856 4 1 _3Table of contents
_uhttp://www.loc.gov/catdir/toc/hol051/00023342.html
942 _2lcc
_cB
999 _c161857
_d161857