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Technology Clubs: Efficient Pricing in Business-University Collaborations

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  • Gavin Cameron
  • Chris Wallace

Abstract

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.

Suggested Citation

  • Gavin Cameron & Chris Wallace, 2003. "Technology Clubs: Efficient Pricing in Business-University Collaborations," Economics Series Working Papers 157, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:157
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    References listed on IDEAS

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    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise

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