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.
|Journal||Journal of Engineering and Technology Management - JET-M|
|Publication status||Published - 2020 Jul 1|
Bibliographical noteFunding Information:
This work was supported by the National Research Foundation of Korea (NRF) grant funded by the Korea government (MSIP) ( 2016R1A2A1A05005270 ) and (MSIT) ( 2020R1A2C2005026 ).
All Science Journal Classification (ASJC) codes
- Industrial relations
- Strategy and Management
- Management Science and Operations Research
- Information Systems and Management