Externality evaluation: An empirical study of ITRI

Po-Young Chu, Yu G. Lin*, Chi Hung Huang, Tzu Yar Liu

*Corresponding author for this work

Research output: Contribution to journalArticle

2 Scopus citations

Abstract

This study proposes a framework for exploring technology transfer externality of the Industrial Technology Research Institute (ITRI), a national industry technology development research institution in Taiwan over the past three decades. The specific diffusion effects and external impact were quantitatively assessed. High multiplier effects derived from ITRI's spin-off activities are concluded profound. Finally, being a non-profit R&D institution inherited with common properties of public goods, ITRI has created a unique and valuable role to foster Taiwan's high-tech sector. The innovative ITRI model should provide important managerial implications for large R&D institutes as well as emergent countries to initiate and operate projects with unavoidable high risk but desirable enormous externalities.

Original languageEnglish
Pages (from-to)280-294
Number of pages15
JournalInternational Journal of Technology Management
Volume48
Issue number3
DOIs
StatePublished - 1 May 2009

Keywords

  • Externality
  • ITRI
  • Industrial technology institute
  • R&D institute
  • Technology transfer

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