How to balance the dilemma in online technology market for sellers?
- DOI
- 10.2991/icssed-19.2019.66How to use a DOI?
- Keywords
- Market for technology;Online markets;Social circle;Patent value.
- Abstract
This study analyzes how sellers balance the dillemma in online marketplaces for technology which support the listing, search, and exchange of technological inventions by sellers and buyers.Online marketplaces for technology entail great benefits as well as challenges:they reduce search costs but raise risks of expropriation. We investigate that how participates of online technology marketplaces sovle this dillemma and identify possible in fluencing factors. Using the China Patent Database and an original database of patented technologies collected from online technology marketplaces, we get the result that indicates that firms with small social circle are more willing to participate in online marketplaces to reduce search costs and technology with lower value are more possible to be marketed to online technology marketplaces to reduce risks of exproriation. Results enhance our consciousness of online market for technology.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Lin xu PY - 2019/05 DA - 2019/05 TI - How to balance the dilemma in online technology market for sellers? BT - Proceedings of the 2019 4th International Conference on Social Sciences and Economic Development (ICSSED 2019) PB - Atlantis Press SP - 353 EP - 360 SN - 2352-5398 UR - https://doi.org/10.2991/icssed-19.2019.66 DO - 10.2991/icssed-19.2019.66 ID - xu2019/05 ER -