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Technology transfer with search intensity and project advertising

Author

Listed:
  • Giorgio Calcagnini

    (Department of Economics, Society & Politics, Università di Urbino "Carlo Bo" and Mo.Fi.R., Ancona, Italy)

  • Germana Giombini

    (Department of Economics, Society & Politics, Università di Urbino "Carlo Bo" and Mo.Fi.R., Ancona, Italy)

  • Paolo Liberati

    (Department of Economics, Università degli Studi di Roma Tre, Rome, Italy.)

  • Giuseppe Travaglini

    (Department of Economics, Society & Politics, Università di Urbino "Carlo Bo")

Abstract

TIn this paper we present a model where technology transfer is embedded into a competitive model of utility and profit maximization and is the result of a matching process between heterogeneous Knowledge Transfer Offices (KTOs) and innovative firmrms. Our model improves on previous literature by endogenizing the process that drives the dynamics of university researchers in search and firm vacant projects. We are able to show that the KTOs' reservation fee rate must be greater than the ratio between the marginal researcher cost and the marginal utility of matched projects, and that technology transfer strictly depends on the efficiency units of searching researchers and vacant projects. Further, we show that firm technological progress might be too low when KTOs too much intensively search for project matches. This occurs because both sides of the market ignore the externalities of their decisions. Finally, behavioral complementarity, substitutability, and free riding are all potential equilibrium outcomes.

Suggested Citation

  • Giorgio Calcagnini & Germana Giombini & Paolo Liberati & Giuseppe Travaglini, 2015. "Technology transfer with search intensity and project advertising," Working Papers 1509, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2015.
    • Handle: RePEc:urb:wpaper:15_09
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    References listed on IDEAS

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    2. Ionut Marius CROITORU & Cosmin Alexandru SPIRIDON & Florin Ionut BRATILOVEANU & Andrei Constantin Ioan ARLET & Romanita JUMANCA, 2023. "Technology Transfer – Bibliometric Analysis of Scientific Articles in the Web of Science," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 138-145.

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    More about this item

    Keywords

    Technology transfer; Matching; Externalities;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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