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Assessing the Relative Performance of U.K. University Technology Transfer Offices: Parametric and Non-Parametric Evidence

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  • Wendy Chapple

    () (Nottingham University Business School, University of Nottingham, Jubilee Campus, Nottingham NG8 1BB, UK.)

  • Andy Lockett

    () (Nottingham University Business School, University of Nottingham, Jubilee Campus, Nottingham NG8 1BB, UK.)

  • Donald S. Siegel

    () (Department of Economics, Rensselaer Polytechnic Institute, Troy, NY 12180-3590, USA)

  • Mike Wright

    () (Nottingham University Business School, University of Nottingham, Jubilee Campus, Nottingham NG8 1BB, UK.)

Abstract

We present evidence on the relative efficiency of U.K. university technology transfer offices (TTOs) using data envelopment analysis (DEA) and stochastic frontier estimation (SFE). We find that U.K. TTOs exhibit low levels of absolute efficiency. Universities located in regions with higher levels of R&D and GDP appear to be more efficient in technology transfer, implying that there may be regional spillovers in technology transfer. Our results suggest that TTOs may need to be reconfigured into smaller units, since there may be scope for the development of regionally-based, sector focused TTOs. Consistent with qualitative evidence from U.S. TTOs (e.g., Siegel et al. (2003a, b, c)), we find that there may be a need to enhance the skills and capabilities of U.K. TTO managers and licensing professionals.

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Paper provided by Rensselaer Polytechnic Institute, Department of Economics in its series Rensselaer Working Papers in Economics with number 0423.

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Date of creation: Dec 2004
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Handle: RePEc:rpi:rpiwpe:0423

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