کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1022381 | 941344 | 2010 | 11 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Equity carve-outs as a technology commercialization strategy: An exploratory case study of Thermo Electron's strategy Equity carve-outs as a technology commercialization strategy: An exploratory case study of Thermo Electron's strategy](/preview/png/1022381.png)
New ventures have advantages in commercializing some emerging technologies, especially disruptive technologies. To the extent that incumbent firms can imitate these advantages, they can create ontogenic capabilities. This study examines a very rare type of ontogenic capability for which there is promising theoretical support—the use of equity carve-outs to commercialize emerging technologies. Only one company, Thermo Electron, has implemented an articulated or formal strategy for technology carve-outs. This paper presents an exploratory case study of Thermo's carve-out strategy that explains why the strategy failed and how technology carve-outs could be made feasible. If used as a temporary way station for technologies until their relatedness and economic potential are resolved, technology carve-outs could be an important tool in technology companies’ portfolios of commercialization strategies.
Journal: Technovation - Volume 30, Issue 1, January 2010, Pages 37–47