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The Effectiveness of University Technology Transfer: Lessons Learned from Qualitative and Quantitative Research in the U.S. and U.K Author info | Abstract | Publisher info | Download info | Related research | Statistics Phillip H. Phan () (Lally School of Management & Technology, Rensselaer Polytechnic Institute, Troy, NY 12180-3590, USA)
Donald S. Siegel () (Department of Economics, Rensselaer Polytechnic Institute, Troy, NY 12180-3590, USA)
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In recent years, there have been numerous studies of the effectiveness of university technology transfer. Such technology transfer mechanisms include licensing agreements between the university and private firms, science parks, incubators, and university-based startups. We review and synthesize these papers and present some pointed recommendations on how to enhance effectiveness. Implementation of these recommendations will depend on the mechanisms that universities choose to stress, based on their technology transfer "strategy." For example, institutions that emphasize the entrepreneurial dimension of technology transfer must address skill deficiencies in technology transfer offices, reward systems that are inconsistent with enhanced entrepreneurial activity and the lack of training for faculty members, post-docs, and graduate students in starting new ventures or interacting with entrepreneurs. We conjecture that business schools are best positioned to address these skill and educational deficiencies through the delivery of targeted programs to technology licensing officers and members of the campus community wishing to launch startup firms.
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Paper provided by Rensselaer Polytechnic Institute, Department of Economics in its series Rensselaer Working Papers in Economics with number
0609.
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Date of creation: Apr 2006Date of revision:
Handle: RePEc:rpi:rpiwpe:0609Contact details of provider: Email: Web page: http://www.economics.rpi.edu/ More information through EDIRC
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Keywords: Find related papers by JEL classification: M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Owen-Smith, Jason & Powell, Walter W, 2001.
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