Recycling the unused ideas and technologies of a large corporation into new business by start-ups

Mokter Hossain*, Henri Simula

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

1 Citation (Scopus)

Abstract

The objective of this study is to investigate how the non-core ideas and technologies (IaTs) of a large corporation can be reused by start-ups. Many IaTs are not deemed valuable or useful for a parent corporation, so for various reasons, these IaTs remain unused and eventually perish as they become obsolete. However, there exists a possibility to create new business from these non-core IaTs. We discovered that an intermediary organization, acting as a catalyst, can be instrumental in bringing corporations with unused IaTs together with interested parties and reduce the information asymmetry between them. A funding mechanism is also crucial for appropriating non-core IaTs. Moreover, the underlying market and economic conditions play a natural role in the transfer of non-core IaTs.

Original languageEnglish
Pages (from-to)11-18
Number of pages8
JournalTechnology in Society
Volume48
DOIs
Publication statusPublished - 1 Feb 2017
MoE publication typeA1 Journal article-refereed

Keywords

  • Corporation
  • Idea recycling
  • Licensing
  • Non-core ideas and technologies
  • Start-ups
  • Technology transfer

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