Application Path for Promoting Technology Commercialization

Even though candidate applications of emerging technologies cover a broad field of markets, new businesses do not progress as expected at all. Commercialization faces several deadlocks during the process. In this study, setting application paths for emerging technologies to overcome deadlocks is examined. In order to analyze it, a "shotgun approach" is proposed as a methodology and applied to the cases of DMFC and fluid MEMS. Based on the analyses, it has been shown that establishing "paths to create a final market" is significant not only for overcoming deadlocks but also for accumulating knowledge, and building technology competences.

[1]  S. Winter,et al.  An evolutionary theory of economic change , 1983 .

[2]  Kumiko Miyazaki,et al.  An empirical analysis of the valley of death: Large‐scale R&D project performance in a Japanese diversified company , 2006 .

[3]  D. Teece Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance , 2007 .

[4]  Lewis M. Branscomb,et al.  Japanese innovation strategy : technical support for business visions , 1993 .

[5]  Abbie Griffin,et al.  Modeling market information processing in new product development: An empirical analysis , 2006 .

[6]  Kannan Srinivasan,et al.  New Product Development Structures: The Effect of Customer Overload on Post‐Concept Time to Market , 1996 .

[7]  Boris Magnusson,et al.  Technology integration , 1996, CSUR.

[8]  E. Garnsey,et al.  Commercializing Generic Technology: The Case of Advanced Materials Ventures , 2005 .

[9]  C. Freeman Economics of Industrial Innovation , 1975 .

[10]  R. Handfield,et al.  Involving Suppliers in New Product Development , 1999 .

[11]  J. Schumpeter,et al.  The Theory of Economic Development , 2017 .

[12]  Kumiko Miyazaki,et al.  Search, Learning and Accumulation of Technological Competences; The Case of Optoelectronics , 1994 .

[13]  Martin G. Moehrle,et al.  Risk and uncertainty in R&D management , 2008 .

[14]  James M. Utterback,et al.  Mastering the Dynamics of Innovation , 1996 .

[15]  D. B. Montgomery,et al.  First‐mover advantages , 1988 .