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Are the US outperforming Europe in university technology licensing? A new perspective on the European paradox

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Author Info

  • Annamaria Conti

    ()
    (Chaire en Economie et Management de l'Innovation, Collège du Management de la Technologie, Ecole Polytechnique Fédérale de Lausanne)

  • Patrick Gaulé

    ()
    (Chaire en Economie et Management de l'Innovation, Collège du Management de la Technologie, Ecole Polytechnique Fédérale de Lausanne - Department of Economics, University of Geneva)

Abstract

Europe is perceived to lag behind the US in converting its academic results into economic outcomes. Using new survey data and controlling for standard factors affecting the productivity of Technology Transfer Offices (TTOs), we find that European TTOs do not execute less licenses than US TTOs. However, they earn significantly less revenue from licenses. We relate the difference in licensing income to differences in the organization and staffing of TTOs. Specifically, US TTOs employ more staff with experience in industry and appear to have greater flexibility in managing their budget.

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Bibliographic Info

Paper provided by Ecole Polytechnique Fédérale de Lausanne, Collège du Management de la Technologie, Management of Technology and Entrepreneurship Institute, Chaire en Economie et Management de l'Innovation in its series CEMI Working Papers with number cemi-workingpaper-2009-003.

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Date of creation: Feb 2009
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Handle: RePEc:cmi:wpaper:cemi-workingpaper-2009-003

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Keywords: technology transfer office; technology licensing; European paradox;

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Cited by:
  1. Marina Ranga & Cecile Hoareau & Niccolo Durazzi & Henry Etzkowitz & Pamela Marcucci & Alex Usher, 2013. "Study on university-business cooperation in the US," LSE Research Online Documents on Economics 55424, London School of Economics and Political Science, LSE Library.

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