Technology Clubs: Efficient Pricing in Business-University Collaborations
Recently, business-university collaborations have become the subject of much interest. It is important to distinguish between `blue-sky` research and more directly commercially applicable research. This paper provides a framework in which to think about the latter. A simple screening model is proposed to study the ways in which a university might sell its research to the private sector. It demonstrates that `technology clubs`, where firms pay a fixed fee to join and a relatively low marginal cost for each piece of research, would increase the amount of research commercially developed and would be beneficial to all parties.
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| Length: | |
| Date of creation: | 01 May 2003 |
| Date of revision: | |
| Handle: | RePEc:oxf:wpaper:157 |
| Contact details of provider: | Postal: Web page: http://www.economics.ox.ac.uk/ Email: More information through EDIRC
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