Externality evaluation: an empirical study of ITRI.
- Resource Type
- Article
- Authors
- Po-Young Chu; Yu-Ling Lin; Chi-Hung Huang; Tzu-Yar Liu
- Source
- International Journal of Technology Management. 2009, Vol. 48 Issue 3, p280-294. 1p.
- Subject
- *HIGH technology services industries
*HIGH technology industries
*ECONOMIC conversion of defense industries
*TECHNOLOGICAL innovations
- Language
- ISSN
- 0267-5730
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. [ABSTRACT FROM AUTHOR]