Equity and the technology transfer strategies of American research universities

Equity and the technology transfer strategies of American research universities

0.00 Avg rating0 Votes
Article ID: iaor20032187
Country: United States
Volume: 48
Issue: 1
Start Page Number: 105
End Page Number: 121
Publication Date: Jan 2002
Journal: Management Science
Authors: , , ,
Abstract:

American universities are experimenting with new mechanisms for promoting the commercialization of academic research and generating revenue from university intellectual property. This paper discusses mechanisms available to universities in managing the commercialization of intellectual property, considering equity as a technology transfer mechanism that offers advantages for both generating revenue and aligning the interests of universities, industry and faculty. Employing data from a national survey of Carnegie I and Carnegie II institutions, we document the recent rise in university equity holdings. We present and estimate a model that considers the university's use of equity to be a function of behavioral factors related to the university's prior experiences with licensing, success relative to other institutions, and the organization of the technology transfer office, as well as structural characteristics related to university type.

Reviews

Required fields are marked *. Your email address will not be published.