Impact of University Intellectual Property Policy on the Performance of University-Industry Research Collaboration
AbstractDespite various expected advantages, university-industry research collaboration (UIC), a relationship between two different worlds, often faces serious difficulties. Thus, the performance of UIC depends on the research partners’ strategies to bridge the gaps between them according to the institutional environment. In Japan, UIC has developed rapidly since the late 1990s based on drastic institutional changes regarding universities. We pay special attention to the role of the university intellectual property (IP) policy introduced after 2003 and empirically examine its impact on the performance of UIC projects. A clear and equitable IP policy that can be applied flexibly to the needs of partners would be optimal for a UIC to be efficiently managed. Otherwise, the project might face serious conflicts of interests and low incentive for cooperation. Using a sample of Japanese firms from our original survey, we find that the IP policy of partner universities indeed has a positive and significant impact on various performances of UIC projects, controlling for firm and project characteristics and considering potential selection bias from UIC participation.
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Bibliographic InfoPaper provided by Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University in its series CEI Working Paper Series with number 2011-1.
Length: 26 p.
Date of creation: May 2011
Date of revision:
university; intellectual property policy; research collaboration; project performance; Japan;
Other versions of this item:
- Hiroyuki Okamuro & Junichi Nishimura, 2013. "Impact of university intellectual property policy on the performance of university-industry research collaboration," The Journal of Technology Transfer, Springer, vol. 38(3), pages 273-301, June.
- Hiroyuki Okamuro & Junichi Nishimura, 2011. "Impact of University Intellectual Property Policy on the Performance of University-Industry Research Collaboration," Global COE Hi-Stat Discussion Paper Series gd11-189, Institute of Economic Research, Hitotsubashi University.
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-06-11 (All new papers)
- NEP-CSE-2011-06-11 (Economics of Strategic Management)
- NEP-INO-2011-06-11 (Innovation)
- NEP-IPR-2011-06-11 (Intellectual Property Rights)
- NEP-PPM-2011-06-11 (Project, Program & Portfolio Management)
- NEP-SBM-2011-06-11 (Small Business Management)
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