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Shirking, Sharing Risk, and Shelving : The Role of University License Contracts
Thursby, Marie - 2005
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
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University Invention, Entrepreneurship, and Start-Ups
Chukumba, Celestine - 2005
a start-up, or the inventor's effort cost in development is lower in a start-up. We test the theory using data from the … with the predictions of our theory …
Persistent link: https://www.econbiz.de/10012467204
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Who is Selling the Ivory Tower? Sources of Growth in University Licensing
Thursby, Jerry G. - 2000
Historically, commercial use of university research has been viewed in terms of spillovers. Recently, there has been a dramatic increase in technology transfer through licensing as universities attempt to appropriate the returns from faculty research. This change has prompted concerns regarding...
Persistent link: https://www.econbiz.de/10012471043
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Inventor Moral Hazard in University Licensing : The Role of Contracts
Dechenaux, Emmanuel - 2008
-in university inventions supports the complementarity of milestones and consulting suggested by the theory …
Persistent link: https://www.econbiz.de/10012464422
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The Geographic Reach of Market and Non-Market Channels of Technology Transfer : Comparing Citations and Licenses of University Patents
Mowery, David C. - 2001
The growth of high-technology clusters in the United States suggests the presence of strong regional agglomeration effects that reflect proximity to universities or other research institutions. Using data on licensed patents from the University of California, Stanford University, and Columbia...
Persistent link: https://www.econbiz.de/10012470150
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Measuring the Commercial Potential of Science
Masclans, Roger; Hasan, Sharique; Cohen, Wesley M. - National Bureau of Economic Research - 2024
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116
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Biomedical Academic Entrepreneurship Through the SBIR Program
Toole, Andrew A. - 2005
entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …
Persistent link: https://www.econbiz.de/10012467229
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More than an Ivory Tower : The Impact of Research Institutions on the Quantity and Quality of Entrepreneurship
Tartari, Valentina; Stern, Scott - National Bureau of Economic Research - 2021
ecosystems. Assessing the impact of research institutions on entrepreneurship is challenging, given that these institutions are … measure both the quantity and quality-adjusted quantity of entrepreneurship at the zip-code level on an annual basis. We then … the quality-adjusted quantity of entrepreneurship. In contrast, increases in non-research funding to universities and …
Persistent link: https://www.econbiz.de/10012533395
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Skill vs. Luck in Entrepreneurship and Venture Capital : Evidence from Serial Entrepreneurs
Gompers, Paul - 2006
This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill … further support for the role of skill in both entrepreneurship and venture capital …
Persistent link: https://www.econbiz.de/10012466069
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Distilling the Macroeconomic News Flow
Beber, Alessandro - 2013
We propose a simple cross-sectional technique to extract daily factors from economic news released at different times and frequencies. Our approach can effectively handle the large number of different announcements that are relevant for tracking current economic conditions. We apply the...
Persistent link: https://www.econbiz.de/10012459013