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What to Do with Technology? From Valuation to Commercialization

2025· article· en· W4416004970 on OpenAlexaffabout
Dafna Bearson, Bruno Cassiman, Simen Gaens, David H. Hsu, Seojin Kim, Jeroen Van den Bosch, Rosemarie Ziedonis

Bibliographic record

VenueAcademy of Management Proceedings · 2025
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicInnovation and Knowledge Management
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsCommercializationLicenseValuation (finance)Technology transferFrontierAbsorptive capacityComplementary assetsValue creationOpen innovationValue (mathematics)

Abstract

fetched live from OpenAlex

Any firm seeking to commercialize a technological innovation must make a variety of important strategic assessments and choices. What is the technology’s value in the competitive landscape? Should the firm license out or sell its technology for other firms to commercialize, or should it commercialize the technology in-house? If the firm commercializes internally, in what market(s) does the firm position itself? Where in the value chain and technological system does it choose to locate? This series of interrelated questions is relevant to long-standing concerns in innovation management, strategy, and entrepreneurship, but each remains an important open question for research and practice. With four presentations at the frontier of current research featuring complementary theoretical perspectives, data sources, and empirical methods, this symposium sheds light on each of these four questions. Together, the presentations and discussants offer a comprehensive perspective on many of the supply-side strategic choices about “what to do with technology”––namely, technology valuation, activity in markets for technology, and decisions between different commercialization avenues––faced by managers and firms. Competitor portfolios and the value of new technologies Author: Simen Gaens; KU Leuven Author: Bruno Cassiman; KU Leuven Author: Jeroen Van den Bosch; KU Leuven Keep, license or sell? Examining the antecedents of strategic intellectual property transfer Author: Dafna Bearson; Harvard Business School Explaining applications of technology: Evidence from startups commercializing emerging technologies Author: James Addis; University of Toronto Pre-entry knowledge of entrepreneurs and market strategy Author: Seojin Kim; Drexel University

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.027
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Methods · Consensus signal: none
Teacher disagreement score0.015
Threshold uncertainty score0.027

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.027
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.004
Science and technology studies0.0020.014
Scholarly communication0.0150.021
Open science0.0010.002
Research integrity0.0020.002
Insufficient payload (model declined to judge)0.0080.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.020
GPT teacher head0.275
Teacher spread0.255 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

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Citations0
Published2025
Admission routes2
Has abstractyes

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