Study for Technology Commercialization Ecosystem Models through Case Studies in the Southern Region of the United States

Yun Jeong Choi; Byungcheol Kim; Jeongsik Lee  and Jongtaik Lee    nbsp

doi:10.17485/ijst/2015/v8iS8/71494

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Study for Technology Commercialization Ecosystem Models through Case Studies in the Southern Region of the United States

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Indian Journal of Science and Technology

DOI: 10.17485/ijst/2015/v8iS8/71494

Year: 2015, Volume: 8, Issue: Supplementary 8, Pages: 1-6

Original Article

Study for Technology Commercialization Ecosystem Models through Case Studies in the Southern Region of the United States

Yun Jeong Choi¹ , Byungcheol Kim² , Jeongsik Lee³ and Jongtaik Lee^{1 *}

¹Division of SMEs Innovation, Korea Institute of Science and Technology Information, Seoul, S. Korea; [email protected]
² School of Economics, Georgia Institute of Technology, Atlanta, GA, USA
³ Management, College of Business, Drexel University, Philadelphia, PA, USA

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

Many universities, specifically their technology licensing offices, are very active in technology transfer and technology commercialization. In addition to that, part of technology transfers and commercialization are being done by venture capitalists due to complex processes with TLO-mediated commercialization processes. However, it seems that a combined model with these two models can make up for disadvantages from each model to enhance the rate of successful technology transfer or commercialization. Some cases occurred in the southern part of United States will be discussed for these model analysis.
Keywords: Commercialization Process, Ecosystem Model, Technology Commercialization