When companies decide to engage in technology transfer through licensing to other firms, they have two basic options …: to use standard licensing contracts or to set-up more elaborate partnership-embedded licensing agreements. We find that … broader partnership-embedded licensing agreements are preferred with higher levels of technological sophistication of …

We study the impact of private ownership, incentive pay and local development objectives on university licensing … performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together … pay than public ones, but ownership does not affect licensing performance conditional on the use of incentive pay …