Assessing the Relative Performance of U.K. University Technology Transfer Offices: Parametric and Non-Parametric Evidence
AbstractWe 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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Bibliographic InfoPaper provided by Rensselaer Polytechnic Institute, Department of Economics in its series Rensselaer Working Papers in Economics with number 0423.
Date of creation: Dec 2004
Date of revision:
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- Chapple, Wendy & Lockett, Andy & Siegel, Donald & Wright, Mike, 2005. "Assessing the relative performance of U.K. university technology transfer offices: parametric and non-parametric evidence," Research Policy, Elsevier, vol. 34(3), pages 369-384, April.
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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