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Impact of university intellectual property policy on the performance of university-industry research collaboration

Listed author(s):
  • Hiroyuki Okamuro

    ()

  • Junichi Nishimura

Despite the expectation of various advantages, university-industry research collaboration (UIC), a relationship between two different worlds, often faces serious conflicts. The performance of UIC depends on the research partners’ strategies and institutional designs through which they seek to mitigate these conflicts and increase partner incentives. We pay special attention to the role of the university intellectual property (IP) policy, formally introduced to Japan in 2003, as the basis of UIC contracts and empirically examine its impact on the performance of UIC projects, considering the factors in firms’ participation in UIC. We argue that the university IP policy that is equitable in sharing revenue and royalty from innovative outcomes and applied flexibly according to the partner’s needs may contribute to improving project performance by enhancing the commitment of firms, and we test our hypotheses using a sample of Japanese firms obtained from our original survey. The estimation results support the hypotheses, although the mediation via the firm’s commitment only partially explains the relationship between the university IP policy and UIC performance. Copyright Springer Science+Business Media, LLC 2013

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File URL: http://hdl.handle.net/10.1007/s10961-012-9253-z
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Article provided by Springer in its journal The Journal of Technology Transfer.

Volume (Year): 38 (2013)
Issue (Month): 3 (June)
Pages: 273-301

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Handle: RePEc:kap:jtecht:v:38:y:2013:i:3:p:273-301
DOI: 10.1007/s10961-012-9253-z
Contact details of provider: Web page: http://www.springer.com

Order Information: Web: http://www.springer.com/business+%26+management/journal/10961/PS2

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  1. Friedman, Joseph & Silberman, Jonathan, 2003. "University Technology Transfer: Do Incentives, Management, and Location Matter?," The Journal of Technology Transfer, Springer, vol. 28(1), pages 17-30, January.
  2. Junichi Nishimura & Hiroyuki Okamuro, 2011. "R&D productivity and the organization of cluster policy: an empirical evaluation of the Industrial Cluster Project in Japan," The Journal of Technology Transfer, Springer, vol. 36(2), pages 117-144, April.
  3. Siegel, Donald S. & Waldman, David & Link, Albert, 2003. "Assessing the impact of organizational practices on the relative productivity of university technology transfer offices: an exploratory study," Research Policy, Elsevier, vol. 32(1), pages 27-48, January.
  4. Lerner, Josh & Merges, Robert P, 1998. "The Control of Technology Alliances: An Empirical Analysis of the Biotechnology Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 46(2), pages 125-156, June.
  5. Bruneel, Johan & D'Este, Pablo & Salter, Ammon, 2010. "Investigating the factors that diminish the barriers to university-industry collaboration," Research Policy, Elsevier, vol. 39(7), pages 858-868, September.
  6. Aghion, P. & Tirole, J., 1993. "On the Management of Innovation," Working papers 93-12, Massachusetts Institute of Technology (MIT), Department of Economics.
  7. Hall, Bronwyn H & Link, Albert N & Scott, John T, 2001. "Barriers Inhibiting Industry from Partnering with Universities: Evidence from the Advanced Technology Program," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 87-98, January.
  8. Bronwyn H. Hall & Albert N. Link & John T. Scott, 2003. "Universities as Research Partners," The Review of Economics and Statistics, MIT Press, vol. 85(2), pages 485-491, May.
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