Abstract
We explore the roles and services provided by the Industrial Technology Research Institute (ITRI) for development of Taiwan's high-tech industry, and describe the technology transfer activities of this organization. Specifically, we focus on the high-tech spin-off process through which new firms are formed. The spin-off process is an important means to transfer and commercialize technological assets of the government-supported institute. Cases suggest that spin-offs are an effective means in developing economies to transfer technology capabilities from the public sector to the private sector. The spin-off mechanism functions as an approach for local firms to acquire complex new technologies. The successful and unique spin-off experiences make ITRI a model of how public research institutes can be successful incubators of world-class businesses.
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