The Effectiveness of University Technology Transfer

68 Pages Posted: 23 Jun 2010

See all articles by Phillip Phan

Phillip Phan

Johns Hopkins University - Carey Business School

Donald S. Siegel

Arizona State University; Arizona State University

Date Written: June 23, 2006

Abstract

In recent years, there have been numerous studies of the effectiveness of university technology transfer. Such technology transfer mechanisms include licensing agreements between the university and private firms, science parks, incubators, and university-based startups. We review and synthesize these papers and present some pointed recommendations on how to enhance effectiveness. Implementation of these recommendations will depend on the mechanisms that universities choose to stress, based on their technology transfer “strategy.” For example, institutions that emphasize the entrepreneurial dimension of technology transfer must address skill deficiencies in technology transfer offices, reward systems that are inconsistent with enhanced entrepreneurial activity and the lack of training for faculty members, post-docs, and graduate students in starting new ventures or interacting with entrepreneurs. Universities will also have to confront a set of issues related to ethics and social responsibility, as they more aggressively pursue technology commercialization. Finally, we suggest some possible theoretical frameworks for additional research.

Contents: Introduction. 2) The Institutional Context of University Technology Transfer. 3) The Organizational Context of University Technology Transfer. 4) The Individual Context of University Technology Transfer. 5) Measuring the Effectiveness of University Technology Transfer (Licensing and the Creation of New Businesses). 6) Lessons Learned: Theoretical Implications. 7) Lessons Learned: Policy and Practitioner Implications. 8) Conclusions, Acknowledgments, References

Suggested Citation

Phan, Phillip H. and Siegel, Donald S. and Siegel, Donald S., The Effectiveness of University Technology Transfer (June 23, 2006). Foundations and Trends in Entrepreneurship, Vol. 2, No. 2, 2006, Available at SSRN: https://ssrn.com/abstract=1629298

Phillip H. Phan (Contact Author)

Johns Hopkins University - Carey Business School ( email )

100 International Drive
Baltimore, MD 21202
United States

Donald S. Siegel

Arizona State University ( email )

411 North Central
Phoenix, AZ 85004
United States
6024961101 (Phone)

Arizona State University ( email )

411 North Central
School of Public Affairs
Phoenix, AZ 85004
United States
(602) 496-1101 (Phone)

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