scholarly journals Commercializing university research in transition economies: Technology transfer offices or direct industrial funding?

2019 ◽  
Vol 48 (3) ◽  
pp. 601-615 ◽  
Author(s):  
Maksim Belitski ◽  
Anna Aginskaja ◽  
Radzivon Marozau
2012 ◽  
Vol 18 (2) ◽  
Author(s):  
Wesley Daniel Blakeslee

Abstract The biopharmaceutical industry has been undergoing change for a number of years and that change is accelerating.  Larger pharmaceutical companies are acquiring smaller ones, companies are merging, laboratories are being closed, and the number of scientists performing research in the pharmaceutical industry is declining.  Overall, commercial industry, including the biotechnology industry, is becoming more interested in the benefits of collaboration with research institutions.Universities are also changing their view of relationships with industry.  Shrinking federal budgets are causing universities to look at other sources of revenue, including collaborations with industry.  Federal and state governments are also looking closely at the benefits of sponsoring university research, and in particular are seeking to accelerate commercialization of university discoveries not only to obtain the benefit of invested research dollars, but also for economic development and job growth.  Universities, and in particular university technology transfer offices, must understand these changes and adapt to them. This paper discusses the university/industry relationships, and the particular issues important to universities which shape that interface. 


2011 ◽  
Vol 25 (3) ◽  
pp. 161-172
Author(s):  
W. Ker Ferguson

This empirical study investigates the hypothesized relationship between US federally funded university research and development (R&D) and its resulting economic impact, as measured by the level of licensing revenue generated by US universities. The author also examines the key operating statistics of the top-ten licensing income-producing technology transfer offices in the USA to determine what may differentiate them from their counterparts in other institutions and whether there are identifiable traits within the data that could be incorporated into a best practice model for the rest of the industry. It is found that there is a small but statistically significant correlation between R&D spending and economic impact. However, university licence income is found to be more a function of the system-wide volume of R&D funding than individual technology transfer office behaviour.


2014 ◽  
Vol 15 (4) ◽  
pp. 479-496 ◽  
Author(s):  
Manuel Villasalero

Purpose – The purpose of this paper is to investigate the connection between university research and technological capital developed by science park (SCP) firms in order to elucidate whether the causal linkage is owing to non-pecuniary research spillovers or pecuniary technology transfer activities. Design/methodology/approach – Two publicly available surveys, one dealing with the research and transfer activities of 45 Spanish universities and another with the patenting activities of 44 Spanish SCPs, are matched in such a way that hypotheses can be tested using regression analysis. Findings – The patenting performance of SCP firms is positively related to the competitive R&D projects undertaken by the universities to which they are affiliated and negatively related to the technology transfer activities carried out by those universities. These findings suggest that the scientific knowledge produced by universities principally contributes to private technology-based firms’ technological capital through non-pecuniary research spillovers, whereas the pecuniary technology transfer agreements remain uncertain or may even prove to be detrimental. Practical implications – Firms that are considering locating or remaining in a university-affiliated SCP should be aware that the university's pecuniary orientation when managing its intellectual capital may become a barrier as regards the firm filling its technological capital shortages. From a university administrator perspective, the complementary or substitute role of technology transfer offices vis-à-vis SCPs should be considered in the light of the selling or revealing approach adopted by the university in order to commercialize and diffuse potential inventions. Originality/value – This study contributes to existing literature by shedding light on the causal linkage between university research and firm innovation, obtaining evidence in favor of an upstream, non-pecuniary and revealing role of universities in support of the accumulation of technological capital amongst SCPs tenant firms.


2011 ◽  
Vol 38 (4) ◽  
pp. 382-400 ◽  
Author(s):  
Bernardina Algieri ◽  
Antonio Aquino ◽  
Marianna Succurro

2021 ◽  
Vol 11 (4) ◽  
pp. 135
Author(s):  
Chaminda Wijesinghe ◽  
Henrik Hansson ◽  
Love Ekenberg

Innovation is critical for enterprises and the country’s economy, and it has resulted in an improvement in living standards. There may be appropriate lessons to learn from other countries, but their adoption must be assessed due to education and living standards variations. This paper aims to build an in-depth understanding of the stimulating factors for ICT innovations from Sweden, and examines their adoption in the context of a developing country, Sri Lanka. ICT innovations significantly impact development in other sectors, as they can ease doing business and other essential services. This study is based on seven interviews, including key people leading innovation activities in Sweden. Then, it critically analyses and presents the application of stimulating factors in Sweden to the context of a developing country, namely Sri Lanka. The results indicate that education and mindset, a risk-taking environment, embracing failures, digitalisation and collaboration are the critical determinants of ICT innovations in Sweden. This research is vital for educational policymakers in universities, technology transfer offices, and governmental policymakers.


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