Arbeitspapier

Knowledge-based Entrepreneurship: The Organizational Side of Technology Commercialization

New knowledge with commercial potential is continually created in academic institutions. How is it turned into economically valuable businesses? This paper argues that the transfer is an entrepreneurial process. To understand this, the actions and the constraints characteristic for the entrepreneurial reshaping of the division of labor must be recognized. In the case of knowledge-based entrepreneurship, specific constraints result from the peculiarities of scientific knowledge – epitomized by contrasting tacit and encoded knowledge. Scientifically trained labor is required for transferring both forms of knowledge. However, the mode of transfer differs crucially and shapes the organizational form of commercializing new scientific knowledge.

Sprache
Englisch

Erschienen in
Series: Papers on Economics and Evolution ; No. 0504

Klassifikation
Wirtschaft
Thema
Wissenstransfer
Innovationsmanagement
Innovation

Ereignis
Geistige Schöpfung
(wer)
Witt, Ulrich
Zellner, Christian
Ereignis
Veröffentlichung
(wer)
Max Planck Institute for Research into Economic Systems
(wo)
Jena
(wann)
2005

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Witt, Ulrich
  • Zellner, Christian
  • Max Planck Institute for Research into Economic Systems

Entstanden

  • 2005

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