In current financial practice, a variety of both absolute and relative profitability measures are being used which implicitly involve a great contradiction on their very definition: they apply market costs of capital to resources quantified by accounting value. Our purpose is to indicate how...

Universities are now responsible for economic and social development. This new mission is transforming the traditional university into an entrepreneurial university. This entrepreneurial activity has mainly been carried out by transferring technology to industry, in particular, by patenting. The...

The purpose of this paper is to empirically analyze the determinants of the Spanish public universities to generate patents. The empirical study is based on data of 47 Spanish public universities. First, we use a factorial analysis, which allows us to differentiate between two main factors that...