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Effect of distance on open innovation: Differences among Institutions according to patent citation and reference

Title
Effect of distance on open innovation: Differences among Institutions according to patent citation and reference
Authors
Yun, JinHyo JosephJeong, EuiSeobLee, ChangHwanPark, JinSeuZhao, Xiaofei
DGIST Authors
Yun, JinHyo Joseph; Zhao, Xiaofei
Issue Date
2017
Citation
Sustainability, 9(8)
Type
Article
Article Type
Article
ISSN
2071-1050
Abstract
The main topic of this paper is the effects of distance between technology and the market, on open innovation. For this, we set up two research questions, as follows: Is there any relation between the distance between technology and the market, and open innovation? If there is, what differences are there in the relation among Fortune 500 companies, non-Fortune 500 companies, laboratories, universities, and start-ups? First, this study measured the distance between technology and the market of a patent by the size of its list of references and citations. Second, the OI network among patent application subjects was described based on patent similarity. Third and most importantly, regression analyses were used to answer the research questions. The first result was that there were differences in the distance and OI among Fortune 500 firms, Fortune non-500 firms, laboratories, universities, and start-ups. Thus, there are relations between the distance between technology and the market, and open innovation. The second result was that the distance between technology and the market was found to moderate the open innovation effect in Fortune 500 companies and laboratories. © 2017 by the authors. Licensee MDPI, Basel, Switzerland.
URI
http://hdl.handle.net/20.500.11750/4451
DOI
10.3390/su9081478
Publisher
MDPI AG
Files:
There are no files associated with this item.
Collection:
ETC1. Journal Articles


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