Technology transfer offices and commercialization of university intellectual property: Performance and policy implications

Donald S. Siegel; Reinhilde Veugelers; Mike Wright

doi:10.1093/oxrep/grm036

Technology transfer offices and commercialization of university intellectual property: Performance and policy implications

Donald S. Siegel, Reinhilde Veugelers, Mike Wright

Research output: Contribution to journal › Review article › peer-review

435 Scopus citations

Abstract

The recent increase in the rate of commercialization of intellectual property at US and European universities has important performance and policy implications. We review recent studies of the antecedents and consequences of these activities and then draw some lessons learned for policy-makers. A key conclusion is that universities and regions must formulate and implement coherent and feasible technology transfer/ commercialization strategies.

Original language	English (US)
Pages (from-to)	640-660
Number of pages	21
Journal	Oxford Review of Economic Policy
Volume	23
Issue number	4
DOIs	https://doi.org/10.1093/oxrep/grm036
State	Published - Dec 2007
Externally published	Yes

Keywords

Entrepreneurship
Intellectual property
Technology transfer offices

ASJC Scopus subject areas

Economics and Econometrics
Management, Monitoring, Policy and Law

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10.1093/oxrep/grm036

Cite this

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title = "Technology transfer offices and commercialization of university intellectual property: Performance and policy implications",

abstract = "The recent increase in the rate of commercialization of intellectual property at US and European universities has important performance and policy implications. We review recent studies of the antecedents and consequences of these activities and then draw some lessons learned for policy-makers. A key conclusion is that universities and regions must formulate and implement coherent and feasible technology transfer/ commercialization strategies.",

keywords = "Entrepreneurship, Intellectual property, Technology transfer offices",

author = "Siegel, {Donald S.} and Reinhilde Veugelers and Mike Wright",

note = "Funding Information: Notes: NSF is National Science Foundation; NRC is National Research Council; TFP is total factor productivity. Funding Information: Louis et al. (1989) analyse the propensity of life-science faculty to engage in various aspects of technology transfer, including commercialization. Their statistical sample consists of life scientists at the 50 research universities that received the most funding from the National Institutes of Health. The authors find that the most important determinant of involvement in technology commercialization was local group norms.",

year = "2007",

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T2 - Performance and policy implications

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AU - Veugelers, Reinhilde

AU - Wright, Mike

N1 - Funding Information: Notes: NSF is National Science Foundation; NRC is National Research Council; TFP is total factor productivity. Funding Information: Louis et al. (1989) analyse the propensity of life-science faculty to engage in various aspects of technology transfer, including commercialization. Their statistical sample consists of life scientists at the 50 research universities that received the most funding from the National Institutes of Health. The authors find that the most important determinant of involvement in technology commercialization was local group norms.

PY - 2007/12

Y1 - 2007/12

N2 - The recent increase in the rate of commercialization of intellectual property at US and European universities has important performance and policy implications. We review recent studies of the antecedents and consequences of these activities and then draw some lessons learned for policy-makers. A key conclusion is that universities and regions must formulate and implement coherent and feasible technology transfer/ commercialization strategies.

AB - The recent increase in the rate of commercialization of intellectual property at US and European universities has important performance and policy implications. We review recent studies of the antecedents and consequences of these activities and then draw some lessons learned for policy-makers. A key conclusion is that universities and regions must formulate and implement coherent and feasible technology transfer/ commercialization strategies.

KW - Entrepreneurship

KW - Intellectual property

KW - Technology transfer offices

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DO - 10.1093/oxrep/grm036

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EP - 660

JO - Oxford Review of Economic Policy

JF - Oxford Review of Economic Policy

IS - 4

ER -

Technology transfer offices and commercialization of university intellectual property: Performance and policy implications

Abstract

Keywords

ASJC Scopus subject areas

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