Factors affecting success of innovation intermediaries of intellectual property assets in Taiwan

Abstract

The intellectual property (IP) asset transaction market in Taiwan has rapidly emerged in recent years. Industrial Technology Research Institute (ITRI), the largest government-supported research institute in Taiwan, has accumulated successful experience as an IP intermediary. Our study reports ITRI's innovative patent transaction model and uses the expert opinion method to investigate what types of resources and capabilities are important to IP intermediaries. Our findings suggest that networking with local industries, efficient seller-buyer match and transaction consultancy are considered as key success factors (KSFs) contributing to the success of IP intermediaries.