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The Effectiveness of University Technology Transfer

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  • Phan, Phillip H.
  • Siegel, Donald S.

Abstract

In recent years, there have been numerous studies of the effectiveness of university technology transfer. Such technology transfer mechanisms include licensing agreements between the university and private firms, science parks, incubators, and university-based startups. We review and synthesize these papers and present some pointed recommendations on how to enhance effectiveness. Implementation of these recommendations will depend on the mechanisms that universities choose to stress, based on their technology transfer "strategy." For example, institutions that emphasize the entrepreneurial dimension of technology transfer must address skill deficiencies in technology transfer offices, reward systems that are inconsistent with enhanced entrepreneurial activity and the lack of training for faculty members, post-docs, and graduate students in starting new ventures or interacting with entrepreneurs. Universities will also have to confront a set of issues related to ethics and social responsibility, as they more aggressively pursue technology commercialization. Finally, we suggest some possible theoretical frameworks for additional research.

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File URL: http://dx.doi.org/10.1561/0300000006
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Bibliographic Info

Article provided by now publishers in its journal Foundations and Trends(R) in Entrepreneurship.

Volume (Year): 2 (2006)
Issue (Month): 2 (November)
Pages: 77-144

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Handle: RePEc:now:fntent:0300000006

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Web page: http://www.nowpublishers.com/

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Cited by:
  1. Staffan Jacobsson & Asa Lindholm Dahlstrand & Lennart Elg, 2011. "Is the commercialisation of European academic R&D weak? - a critical assessment of a ‘dominant belief’ and associated policy responses," ERSA conference papers ersa10p1603, European Regional Science Association.
  2. Soekijad, M. & Walschots, J. & Huysman, M., 2008. "Congestion at the floating road? Negotiation in networked innovation," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  3. Michael Rothgang & Bernhard Lagemann & Christoph M. Schmidt & Werner Friedrich & Jochen Dehio & Wolfgang Dürig & Verena Eckl & Markus Körbel & Mathias Peistrup & Stefan Seidel, 2008. "Das Programm zur Förderung der Industriellen Gemeinschaftsforschung – Zwischenbilanz der erweiterten Erfolgskontrolle," RWI Materialien, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, pages 138, December.
  4. David B. Audretsch & Dennis P. Leyden & Albert N. Link, 2013. "Regional Appropriation of University-Based Knowledge and Technology for Economic Development," Economic Development Quarterly, , vol. 27(1), pages 56-61, February.
  5. Kenney, Martin & Patton, Donald, 2009. "Reconsidering the Bayh-Dole Act and the Current University Invention Ownership Model," Research Policy, Elsevier, vol. 38(9), pages 1407-1422, November.
  6. Islam, Jamal & Mohajan, Haradhan & Datta, Rajib, 2011. "Organizational models in university-industry collaboration: international perspective," MPRA Paper 50700, University Library of Munich, Germany, revised 09 Oct 2011.
  7. Hülsbeck, Marcel & Kitzinger, Elena N., 2011. "The impact of regional industries and universities on (high) technology entrepreneurship," UO Working Papers 03-11, University of Augsburg, Chair of Management and Organization.
  8. repec:reg:wpaper:449 is not listed on IDEAS
  9. Rohrbeck, Rene & Arnold, Heinrich M., 2006. "Making university-industry collaboration work - a case study on the Deutsche Telekom Laboratories contrasted with findings in literature," MPRA Paper 5470, University Library of Munich, Germany.
  10. Guido Buenstorf & Matthias Geissler, 2012. "Not invented here: technology licensing, knowledge transfer and innovation based on public research," Journal of Evolutionary Economics, Springer, vol. 22(3), pages 481-511, July.
  11. Joanna Poyago-Theotoky, 2009. "University-industry technology transfer options: licensing or research joint venture?," Economics Bulletin, AccessEcon, vol. 29(4), pages 2582-2591.
  12. Robert E. Litan & Lesa Mitchell & E. J. Reedy, 2008. "Commercializing University Innovations: Alternative Approaches," NBER Chapters, in: Innovation Policy and the Economy, Volume 8, pages 31-57 National Bureau of Economic Research, Inc.
  13. Roland Helm & Oliver Mauroner, 2007. "Success of research-based spin-offs. State-of-the-art and guidelines for further research," Review of Managerial Science, Springer, vol. 1(3), pages 237-270, November.
  14. Johnson, William H.A., 2011. "Managing university technology development using organizational control theory," Research Policy, Elsevier, vol. 40(6), pages 842-852, July.
  15. Arundel, Anthony & Bordoy, Catalina, 2008. "Developing internationally comparable indicators for the commercialization of publicly-funded research," MERIT Working Papers 075, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  16. Felicia Diana Nicoara & Dorin Maier & Andreea Maier, 2013. "General Aspects Related To The Technology Transfer, The Main Source Of Innovation And Development Among Economic Operators," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 139-147, August.
  17. Kalm, Matias, 2012. "The Impact of Networking on Firm Performance - Evidence from Small and Medium-Sized Firms in Emerging Technology Areas," Discussion Papers 1278, The Research Institute of the Finnish Economy.
  18. Broström, Anders & Lööf, Hans, 2008. "How does University Collaboration Contribute to Successful R&D Management?," Working Paper Series in Economics and Institutions of Innovation 131, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
  19. Devrim Göktepe-Hulten & Prashanth Mahagaonkar, 2010. "Inventing and patenting activities of scientists: in the expectation of money or reputation?," The Journal of Technology Transfer, Springer, vol. 35(4), pages 401-423, August.
  20. Krabel, Stefan & Mueller, Pamela, 2009. "What drives scientists to start their own company?: An empirical investigation of Max Planck Society scientists," Research Policy, Elsevier, vol. 38(6), pages 947-956, July.
  21. Aldo Geuna & Alessandro Muscio, 2008. "The governance of University knowledge transfer," SPRU Working Paper Series 173, SPRU - Science and Technology Policy Research, University of Sussex.
  22. Bradley, Samantha R. & Hayter, Christopher S. & Link, Albert N., 2013. "Models and Methods of University Technology Transfer," Working Papers 13-10, University of North Carolina at Greensboro, Department of Economics.
  23. Anna Nilsson & Annika Rickne & Lars Bengtsson, 2010. "Transfer of academic research: uncovering the grey zone," The Journal of Technology Transfer, Springer, vol. 35(6), pages 617-636, December.

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