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Sustainability 2017, 9(8), 1478; doi:10.3390/su9081478

Effect of Distance on Open Innovation: Differences among Institutions According to Patent Citation and Reference

1
Tenured Principal Researcher, Daegu Gyeongbuk Institute of Science and Technology (DGIST), 50-1 Sang-ri, Hyeonpung-Myeon, Dalseong-Gun, Daegu 711-873, Korea
2
Principal Researcher, Korea Institute of Science and Technology Information (KISTI), Hoegi-Ro, 66 Dongdaemun-Gu, Seoul 130-741, Korea
*
Authors to whom correspondence should be addressed.
Received: 3 July 2017 / Revised: 7 August 2017 / Accepted: 18 August 2017 / Published: 21 August 2017
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Abstract

The main topic of this paper is the effects of distance between technology and the market, on open innovation. For this, we set up two research questions, as follows: Is there any relation between the distance between technology and the market, and open innovation? If there is, what differences are there in the relation among Fortune 500 companies, non-Fortune 500 companies, laboratories, universities, and start-ups? First, this study measured the distance between technology and the market of a patent by the size of its list of references and citations. Second, the OI network among patent application subjects was described based on patent similarity. Third and most importantly, regression analyses were used to answer the research questions. The first result was that there were differences in the distance and OI among Fortune 500 firms, Fortune non-500 firms, laboratories, universities, and start-ups. Thus, there are relations between the distance between technology and the market, and open innovation. The second result was that the distance between technology and the market was found to moderate the open innovation effect in Fortune 500 companies and laboratories. View Full-Text
Keywords: distance; technology; market; open innovation distance; technology; market; open innovation
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Yun, J.J.; Jeong, E.; Lee, C.; Park, J.; Zhao, X. Effect of Distance on Open Innovation: Differences among Institutions According to Patent Citation and Reference. Sustainability 2017, 9, 1478.

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