We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...

A model of university technology transfer(licensing)policy orientation and selectivityis developed. Datawere collected on134 U.S. research-extensive and research-intensiveuniversities andthe annual licensing surveys of the Association ofUniversity Technology Managers, initial public offering...