R&D spinoffs: Serendipity vs. a managed process
Title: | R&D spinoffs: Serendipity vs. a managed process |
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Format: | Journal Article |
Publication Date: | June 1993 |
Published In: | The Journal of Technology Transfer |
Description: | This paper describes some of the spinoff benefits that can result from R&D projects, and categorizes them in terms of the dimensions of market and technical newness. These dimensions are discussed with reference to two types of spinoffs: 1) alternative market applications, when the results of an R&D project are subsequently applied to a market or use that differs from the originally intended application, and 2) second-generation technologies, when the technology that was the subject of an R&D project is significantly altered or enhanced in unanticipated ways through subsequent R&D. Examples from the Department of Energy's Energy-Related Inventions Program are integrated into the results of literature review to illustrate key concepts, including core technologies, degrees of market and technology newness, technology robustness, and the nature of connections linking spinoffs to prior R&D investments. The paper concludes by discussing spinoffs as a managerial strategy. © 1993 Technology Transfer Society. |
Ivan Allen College Contributors: | |
Citation: | The Journal of Technology Transfer. 18. Issue 3-4. 5 - 15. ISSN 0892-9912. DOI 10.1007/BF02174798. |
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