Earticle

초록

영어

This study investigates how a government-funded research institute facilitated the growth of a high-potential spin-off firm through a combination of equity investment and life-cycle support. Drawing on theories of absorptive capacity and innovation intermediation, the research examines how ETRI’s support mechanisms enabled Firm B to transform external technologies into tangible performance outcomes. The case demonstrates three distinct stages of technology absorption support: (1) short-term learning through consultations and seminars, (2) intensive problem-solving for commercialization difficulty, and (3) long-term researcher on-site dispatch to embed knowledge into product design and manufacturing. These sequential supports illustrate the transformation of potential absorptive capacity into realized absorptive capacity. Beyond technology absorption, ETRI’s commercialization division provided an integrated package of consulting, infrastructure, branding, and government project linkages, thereby acting as an innovation intermediary that connected technology, capital, and markets. As a result, Firm B achieved significant outcomes, including the localization of technology, revenue growth, U.S. patent registrations, expanded R&D capabilities, and enhanced enterprise value. The findings provide empirical evidence that government-funded research institutes can effectively accelerate firm growth by simultaneously enabling absorptive capacity and mediating innovation, offering both theoretical contributions and practical implications for institute-led growth models.

목차

Abstract
1. Introduction
2. Theoretical Background
2.1 Absorptive Capacity
2.2 Innovation Intermediary
3. ResearchMethod: Case Analysis of FirmB
3.1 Methodology
3.2 Overview
3.3 Unicorn Project Selection and Equity Investment
3.4 Technology Absorption Support
3.5 Commercialization Package Support
3.6 Performance Outcomes
4. Discussion
5. Conclusion and Implications
References

키워드

저자

• Hyungju Lee [ Senior Engineer, Technology Commercialization Division, ETRI, Korea ] First Author
• Sungkeun Lee [ Senior Engineer, Technology Commercialization Division, ETRI, Korea / College of Policy Science, Hanyang University ] First Author
• Geonil Ko [ Engineer, Technology Commercialization Division, ETRI, Korea ] Corresponding Author
• Giseob Yu [ Assistant Professor, College of Interdisciplinary Studies, Sun Moon University, Korea ] Co-Author

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  JITAM [Journal of Information Technology Applications and Management]

• 간기

  격월간

• pISSN

  1598-6284

• eISSN

  2508-1209

• 수록기간

  1999~2026

• 십진분류

  KDC 005 DDC 005