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. 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 … effect on start-ups, but does increase licenses. Conversely, universities that earn greater licensing royalties have fewer …
Persistent link: https://www.econbiz.de/10012467204
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/10012464422
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 … commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We …
Persistent link: https://www.econbiz.de/10012460679
the quality-adjusted quantity of entrepreneurship. In contrast, increases in non-research funding to universities and … entrepreneurship. Research funding to universities seems to play a unique role in promoting the acceleration of local entrepreneurial …This paper provides systematic empirical evidence for the distinctive role of universities on local entrepreneurial …
Persistent link: https://www.econbiz.de/10012533395
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/10012467557
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/10012466423
We examine geographic concentration, agglomeration, and co-location of university research and industrial R&D in three technological areas: medical imaging, neural networks, and signal processing. Using data on scientific publications and patents as indicators of university research and...
Persistent link: https://www.econbiz.de/10012469497
universities only when the latter is embodied in inventions or PhD scientists. Human capital trained by universities fosters … innovation in firms. However, inventions from universities and public research institutes substitute for corporate inventions and …
Persistent link: https://www.econbiz.de/10014437030
science of major American research universities. We then illustrate the measure's utility by applying it to two questions …. First, does the patenting of academic research by universities impede its breadth of use by firms? Second, to illustrate how … one factor, universities' reputations for generating commercializable science, impacts firms' use of academic science. For …
Persistent link: https://www.econbiz.de/10014512116
This article examines the involvement of agricultural and life science faculty at U.S. land grant universities in two …-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/10012479212