Historically, commercial use of university research has been viewed in terms of spillovers. Recently, there has been a … the nature of university research. We develop an intermediate input model to examine the extent to which the growth in … engage in commercializing university research. We model licensing as a three stage process, each involving multiple inputs …

Licensing of university inventions to industry has experienced rapid, recent growth. This growth is cited as evidence … of university success in technology transfer and it suggests an increasing importance of universities to innovation … the following questions. What is the rationale behind university patenting and licensing? How embryonic are university …

Historically, commercial use of university research has been viewed in terms of spillovers. Recently, there has been a … the nature of university research. We develop an intermediate input model to examine the extent to which the growth in … engage in commercializing university research. We model licensing as a three stage process, each involving multiple inputs …

, the upfront fee that the university can charge is higher than otherwise. These results therefore support the commonly … observed university policy of allowing faculty to consult with licensing firms outside of their university contracts. They also …-in university inventions supports the complementarity of milestones and consulting suggested by the theory …

research within the university, which then frames an empirical analysis of the funding and consulting of 458 individual faculty … faculty they hire as consultants and faculty realize their university research projects indirectly benefit from their firm … experience. The model accounts for faculty quality, project characteristics, faculty share of license revenue from university …

, 26% of the patents are assigned solely to firms rather than to the faculty member's university as is dictated by US … university employment policies or the Bayh Dole Act. In this paper we estimate a series of probability models of assignment as a … function of patent characteristics, university policy, and inventor fields in order to examine the extent to which outside …