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Technology Transfer Models Based On Academic Spin-Offs Within The Industrial Biotechnology Sector

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  • GUNTER FESTEL

    (Festel Capital, Mettlenstrasse 14, CH-6363 Fürign, Switzerland;
    Swiss Federal Institute of Technology, Zurich, Switzerland;
    Technical University of Berlin, Germany)

Abstract

Industrial biotechnology is the application of biotechnology for the environment friendly production and processing of chemicals, pharmaceuticals, materials, and bioenergy. The commercial development is mainly driven by multinational enterprises (MNEs), whereas small and medium enterprises (SMEs) contribute primarily to the technological development. The challenge is that generally a technology transfer gap exists between basic research and development (R&D) at universities or research institutions and the commercialisation of the results by established companies. Based on the analysis of 17 case studies from the industrial biotechnology sector, this paper investigates the technology transfer role of spin-offs from universities and research institutions to close the technology transfer gap. Different technology transfer models have been used between established companies and spin-offs after further developing the technology following the spin-off process. Whereas MNEs are very active in making new technologies available both by acquiring spin-offs or engaging them as service providers, SMEs, due to limited financial resources, are more focused on research cooperations with spin-offs, especially by engaging them as service providers.

Suggested Citation

  • Gunter Festel, 2015. "Technology Transfer Models Based On Academic Spin-Offs Within The Industrial Biotechnology Sector," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 19(04), pages 1-34.
    • Handle: RePEc:wsi:ijimxx:v:19:y:2015:i:04:n:s1363919615500310
    DOI: 10.1142/S1363919615500310
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    1. Veugelers, Reinhilde & Cassiman, Bruno, 2002. "Complementarity in the Innovation Strategy: Internal R&D, External Technology Acquisition and Cooperation," CEPR Discussion Papers 3284, C.E.P.R. Discussion Papers.
    2. Donald Siegel & David Waldman & Albert Link, 1999. "Assessing the Impact of Organizational Practices on the Productivity of University Technology Transfer Offices: An Exploratory Study," NBER Working Papers 7256, National Bureau of Economic Research, Inc.
    3. Cassiman, Bruno & Veugelers, Reinhilde, 2002. "Complementarity in the innovation strategy: Internal R&D, external technology acquisition, and cooperation in R&D," IESE Research Papers D/457, IESE Business School.
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    1. Alana Corsi & Fabiane Florencio Souza & Regina Negri Pagani & João Luiz Kovaleski, 2021. "Technology transfer oriented to sustainable development: proposal of a theoretical model based on barriers and opportunities," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(6), pages 5081-5112, June.
    2. Lavoie, Joao Ricardo & Daim, Tugrul, 2020. "Towards the assessment of technology transfer capabilities: An action research-enhanced HDM model," Technology in Society, Elsevier, vol. 60(C).

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