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Assessing The Relative Performance Of University Technology Transfer In The Us And Uk: A Stochastic Distance Function Approach

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Author Info

  • Donald Siegel
  • Mike Wright
  • Wendy Chapple
  • Andy Lockett

Abstract

University technology transfer offices (henceforth, TTOs) play a critical role in the diffusion of innovation and the development of new technology infrastructure. Studies of the relative efficiency of TTOs have been based on licensing output measures and data from a single country. In contrast, we present the first cross-country comparison of the relative performance of TTOs, based on stochastic multiple output distance functions. The additional dimension of output considered is the university's propensity to generate start-up companies, based on technologies developed at these institutions. We find that US universities are more efficient than UK universities and that the production process is characterized by either decreasing or constant returns to scale. Universities with a medical school and an incubator are closer to the frontier.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Economics of Innovation and New Technology.

Volume (Year): 17 (2008)
Issue (Month): 7-8 ()
Pages: 717-729

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Handle: RePEc:taf:ecinnt:v:17:y:2008:i:7-8:p:717-729

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Related research

Keywords: Technology transfer office; Technology licensing; University spin-offs (USO) patents; Stochastic distance functions;

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Cited by:
  1. Macho-Stadler, Inés & Pérez-Castrillo, David, 2010. "Incentives in university technology transfers," International Journal of Industrial Organization, Elsevier, Elsevier, vol. 28(4), pages 362-367, July.
  2. Claudia Curi & Cinzia Daraio & Patrick Llerena, 2012. "University Technology Transfer: How (in-)efficient are French universities?," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg 2012-02, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  3. Phillip H. Phan & Donald S. Siegel, 2006. "The Effectiveness of University Technology Transfer: Lessons Learned from Qualitative and Quantitative Research in the U.S. and U.K," Rensselaer Working Papers in Economics, Rensselaer Polytechnic Institute, Department of Economics 0609, Rensselaer Polytechnic Institute, Department of Economics.
  4. Ming Chu Leung & John A. Mathews, 2011. "Origins and dynamics of university spin-offs: the case of Hong Kong," International Journal of Transitions and Innovation Systems, Inderscience Enterprises Ltd, Inderscience Enterprises Ltd, vol. 1(2), pages 175-201.
  5. Annamaria Conti & Patrick Gaulé, 2010. "Is the US Outperforming Europe in University Technology Licensing? A New Perspective on the European Paradox," DRUID Working Papers, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies 10-04, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  6. Mei Ho & John Liu & Wen-Min Lu & Chien-Cheng Huang, 2014. "A new perspective to explore the technology transfer efficiencies in US universities," The Journal of Technology Transfer, Springer, Springer, vol. 39(2), pages 247-275, April.
  7. Jose Polo & Néstor Duch & MartíParellada, 2011. "Scale and scope of university technology transfer: A flexible multiproduct approach," ERSA conference papers, European Regional Science Association ersa10p613, European Regional Science Association.
  8. Federica Rossi, 2014. "The efficiency of universities’ knowledge transfer activities: A multi-output approach beyond patenting and licensing," Working Papers, Birkbeck Centre for Innovation Management Research 16, Birkbeck Centre for Innovation Management Research, revised Feb 2014.
  9. Richard Cardozo & Alexandre Ardichvili & Anthony Strauss, 2011. "Effectiveness of university technology transfer: an organizational population ecology view of a maturing supplier industry," The Journal of Technology Transfer, Springer, Springer, vol. 36(2), pages 173-202, April.
  10. Claudia Curi & Cinzia Daraio & Patrick Llerena, 2013. "What is the productivity change of a university TTOs system at its early stage of development? Evidence from France," DIAG Technical Reports, Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza" 2013-03, Department of Computer, Control and Management Engineering, Universita' degli Studi di Roma "La Sapienza".

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