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Should Technology Innovators Participate in the Commercialization Process? - Ideas for Leaders

Should Technology Innovators Participate in the Commercialization Process?

Idea #448

Should Technology Innovators Participate in the Commercialization Process?

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KEY CONCEPT

Conventional wisdom has it that technology based entrepreneurs are better off commercializing their product by contracting with an incumbent (i.e. licensing). But this trade-off may not always be optimal, because if the innovator can learn from its own commercialization experience, albeit losing some profit initially, it could avoid making the same trade-off with future innovations, thus securing long-term profitability. Alternatively, joint commercialization may be the best approach.


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Idea conceived

December 1, 2013

Idea posted

Oct 2014
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