Abstract
The purpose of this study is to study how ITRI exploits internal and external resources to speed up the commercialization process of emerging technologies, which, in turn, stimulate the development of new technology-based industries. Theoretically, we draw on resource-based theory, organization evolution, and technology commercialization to develop our conceptual framework. This framework is then applied to the comparative study of nine Taiwanese industries which include ICs, PCs, notebooks, HDDs, opto-storages, TFT-LCDs, automotive engines, bio-chips, nanotechnology. We conclude the paper by discussing implication for theory and managerial practice.