Seo, I;
Sonn, JW;
(2019)
Conflicting motivations and knowledge spill-overs: Dynamics of the market across space.
Geoforum
, 105
pp. 210-212.
10.1016/j.geoforum.2019.05.026.
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Abstract
Despite market-mediated technology becoming a key source for a region’s innovation and growth, the literature on spill-over across geographical space has not discerned between compensated technology transfer from pure knowledge spill-over. Drawing on the conflicting motivations between the technology supplier (licensor) and the demander (licensee) in the licensing market transaction, this critical review highlights the contrary preference for geographical proximity, separating market-mediated technology spill-overs from knowledge spill-overs. This paper argues that licensing firms might shun co-located licensees to avoid potential dissipation risk, while the purchaser prefers vicinity partners to avert opportunistic behaviour. Micro-level mechanisms of transferring compensated technology are of particular significance in enhancing the efficiency of the regional innovation system, providing an insight into why some geographical clusters are not efficient.
| Type: | Article |
|---|---|
| Title: | Conflicting motivations and knowledge spill-overs: Dynamics of the market across space |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1016/j.geoforum.2019.05.026 |
| Publisher version: | https://doi.org/10.1016/j.geoforum.2019.05.026 |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | Spatial knowledge diffusion, Market-mediated technology transfer, Dissipation effect, Patent licensing, Licensing market, Agglomeration effect |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett School of Planning |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10077537 |
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