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Developing internationally comparable indicators for the commercialization of publicly-funded research

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  • Arundel, Anthony

    ()
    (UNU-MERIT)

  • Bordoy, Catalina

    ()
    (UNU-MERIT)

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    Abstract

    It is a common perception that European public-funded research fails to commercialize their discoveries, in contrast to the perceived success of their American counterparts. This resulted in policies aimed at improving the commercialization of European publicly-funded research, including the establishment of Technology Transfer Offices (TTOs). Recent surveys on the activities of these TTOs show that although European public-funded research lags behind the United States in patent applications and grants, they produce more start-ups, and have comparable results for the number of licenses executed. Steps to improve the international comparability of TTO surveys could provide useful new indicators for policy development. However, this will also require indicators for knowledge transfer through informal 'open science' methods.

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    File URL: http://www.merit.unu.edu/publications/wppdf/2008/wp2008-075.pdf
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    Bibliographic Info

    Paper provided by United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT) in its series MERIT Working Papers with number 075.

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    Date of creation: 2008
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    Handle: RePEc:unm:unumer:2008075

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    Keywords: Public R&D; Commericalization; Research Indicators; Open Science; Europe;

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    References

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    1. Geuna, Aldo & Anthony Arundel, 2003. "Proximity and the Use of Public Science by Innovate European Firms," Royal Economic Society Annual Conference 2003, Royal Economic Society 86, Royal Economic Society.
    2. Bart Verspagen, 2006. "University research, intellectual property rights and European innovation systems," Working Papers, Eindhoven Center for Innovation Studies 06-05, Eindhoven Center for Innovation Studies, revised Mar 2006.
    3. Phan, Phillip H. & Siegel, Donald S., 2006. "The Effectiveness of University Technology Transfer," Foundations and Trends(R) in Entrepreneurship, now publishers, now publishers, vol. 2(2), pages 77-144, November.
    4. Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, INFORMS, vol. 48(1), pages 44-60, January.
    5. Lockett, Andy & Wright, Mike, 2005. "Resources, capabilities, risk capital and the creation of university spin-out companies," Research Policy, Elsevier, vol. 34(7), pages 1043-1057, September.
    6. Di Gregorio, Dante & Shane, Scott, 2003. "Why do some universities generate more start-ups than others?," Research Policy, Elsevier, vol. 32(2), pages 209-227, February.
    7. Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2002. "Links and Impacts: The Influence of Public Research on Industrial R&D," Management Science, INFORMS, INFORMS, vol. 48(1), pages 1-23, January.
    8. Jeannette Colyvas & Michael Crow & Annetine Gelijns & Roberto Mazzoleni & Richard R. Nelson & Nathan Rosenberg & Bhaven N. Sampat, 2002. "How Do University Inventions Get Into Practice?," Management Science, INFORMS, INFORMS, vol. 48(1), pages 61-72, January.
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    Cited by:
    1. Ekaterina Bjørnåli & Magnus Gulbrandsen, 2010. "Exploring board formation and evolution of board composition in academic spin-offs," The Journal of Technology Transfer, Springer, Springer, vol. 35(1), pages 92-112, February.
    2. Harvey Goldstein & Edward Bergman & Gunther Maier, 2011. "Comparing U.S. and European Views of University Involvement in Economic Development," ERSA conference papers ersa11p301, European Regional Science Association.
    3. Pontus Braunerhjelm, 2007. "Academic entrepreneurship: Social norms, university culture and policies," Science and Public Policy, Oxford University Press, Oxford University Press, vol. 34(9), pages 619-631, November.
    4. Roessner, David & Bond, Jennifer & Okubo, Sumiye & Planting, Mark, 2013. "The economic impact of licensed commercialized inventions originating in university research," Research Policy, Elsevier, vol. 42(1), pages 23-34.
    5. Haeussler, Carolin & Colyvas, Jeannette A., 2011. "Breaking the Ivory Tower: Academic Entrepreneurship in the Life Sciences in UK and Germany," Research Policy, Elsevier, vol. 40(1), pages 41-54, February.

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