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This article examines the involvement of agricultural and life science faculty at U.S. land grant universities in two …), academic commercialization (patenting, licensing, and start-ups) and traditional academic scholarship. It exploits large …-scale, random sample cross-section surveys of nearly 1,500 scientists at the original 52 Land Grant Universities in 2005 and 2015 …
Persistent link: https://www.econbiz.de/10013312644
commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We …This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty … inventions, and compare two institutional regimes; the US and Sweden. In the US, the Bayh Dole Act gives universities the right …
Persistent link: https://www.econbiz.de/10013066279
Which factors shape the commercialization of academic scientific discoveries via startup formation? Prior literature … precisely examine characteristics that predict startup commercialization. In this framework, several commonly-accepted factors … appear not to influence commercialization. However, we find that teams of academic scientists whose former collaborators …
Persistent link: https://www.econbiz.de/10014346379
five research universities, we conclude that the most critical organizational factors are likely to be reward systems for … barriers between universities and firms …
Persistent link: https://www.econbiz.de/10013230587
-ups when the technology transfer officers (TTOs) search cost is high, the cost of development or commercialization is lower for …. Licensing is more likely in general, and especially so in start-ups, by universities with higher quality engineering faculty and … older TTOs. Start-ups are more likely by universities in states with larger levels of venture capital. TTO size has no …
Persistent link: https://www.econbiz.de/10013229010
Recent accounts suggest the development and commercialization of invention has become more “open.” Greater division of …, suppliers and technology specialists (i.e., universities, independent inventors and R&D contractors). We also estimate the …
Persistent link: https://www.econbiz.de/10013033301
In this paper, we develop a theoretical model of university licensing to explain why university license contracts often include payment types that differ from the fixed fees and royalties typically examined by economists. Our findings suggest that milestone payments and annual payments are...
Persistent link: https://www.econbiz.de/10013225959
' scientists, nearly all working at top universities. An operationally attractive generalization of our star measure …
Persistent link: https://www.econbiz.de/10013237924
We examine commonly observed forms of payment, such as milestones, royalties, or consulting contracts as ways of engaging inventors in the development of licensed inventions. Our theoretical model shows that when milestones are feasible, royalties are not optimal unless the licensing firm is...
Persistent link: https://www.econbiz.de/10012750133
affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated … hypothesis that the de-localization of this externality makes it more difficult for universities to appropriate any rent. Our …
Persistent link: https://www.econbiz.de/10012780068