University research is increasingly importantfor industrial innovation. Licensing provides an incentive for both faculty andcompanies to undertake the development of federally-funded ideas and theirtransfer to industry. However, skeptics question the effects of licensing onthe conduct of...

University technology transfer offices (TTOs), whichfacilitate and manage the disclosure and licensing of inventions withcommercial potential, must balance the objectives of the university that ownsthe inventions and those of the faculty who create them.A theoreticalmodel of disclosure and...

Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle context. As in traditional life cycle models, faculty devote more time to research, which can be either basic or applied, early and more time to leisure as they age. Licensing has...