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Assessment of technology transfer office performance for value creation in higher education institutions

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  • Jelena Stankevičienė
  • Lidija Kraujalienė
  • Agnė Vaiciukevičiūtė

Abstract

Innovative activities, knowledge exchange, patenting and commercialization of know-how are crucial to the value creation process in higher education institutions and other research organizations. The article analyses the technology transfer performance indicators of value creation. The methodology to identify and assess the technology transfer activities with the highest impact on created value are proposed in the paper. The following research methods were invoked: FARE method, allowed to calculate weights of each technology transfer performance indicator, when TOPSIS method redress all different indicators’ results and rank universities. The application of the proposed methodology was based on empirical data collected from Lithuanian universities. The results of the study reveal the importance of science business partnerships, TTO competence and scientists’ trust of TTO, applying particular technology transfer policy. The obtained results would be beneficial for universities technology transfer policy formation to maximize universities created value.

Suggested Citation

  • Jelena Stankevičienė & Lidija Kraujalienė & Agnė Vaiciukevičiūtė, 2017. "Assessment of technology transfer office performance for value creation in higher education institutions," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 18(6), pages 1063-1081, November.
    • Handle: RePEc:taf:jbemgt:v:18:y:2017:i:6:p:1063-1081
    DOI: 10.3846/16111699.2017.1405841
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    Cited by:

    1. Cristian Barra & Mónica Y. Castro-Peña & Jesús Gabalán Coello, 2024. "Research and knowledge transfer performance in Colombian universities," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(1), pages 77-96, February.

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