Innovation speed: Transferring university technology to market

Markman, Gideon D.; Gianiodis, Peter T.; Phan, Phillip H.; Balkin, David B.

doi:10.1016/j.respol.2005.05.007

Cited by 372 publications

(231 citation statements)

References 35 publications

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“…The UTTOs in our sample have on average 5.2 full-time staff, but with a high variation among the respondents. This number is similar to the data obtained by studies among UTTOs in the USA (Markman et al, 2005a;Thursby and Thursby, 2002). Almost three out of four institutions received support from the EXIST programme of the German Federal Government, and the existence of a professorship in entrepreneurship was found in less than half of the universities.…”

Section: Descriptive Resultssupporting

confidence: 85%

Contingency factors on university spin-off formation: an empirical study in Germany

Lautenschläger

Haase

Kratzer³

2014

Journal of Entrepreneurship and Public Policy

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Purpose -The purpose of this paper is to investigate contingency factors on the emergence of university spin-off firms. The institutional and organisational factors the paper explores comprise the transfer potential of the university, the strategy and characteristics of the University Technology Transfer Organisations and specific support for spin-off formation. Design/methodology/approach -Based on a unique data set, this cross-sectional study analyses the population of 54 higher education institutions in Germany. At this, 31.4 per cent of the German universities with technology transfer activities participated in this study. Findings -The research identifies a high degree of heterogeneity in the qualification of University Technology Transfer Offices (UTTO) staff and the existence of an entrepreneurship support programme as important antecedents of spin-off formation. In addition, the results reveal that pursuing different or multiple transfer strategies will not be detrimental to the establishment of spin-offs. Practical implications -It seems that there is still a lack of consensus with respect to the importance of spin-offs as an effective channel to transform research results into economic value. Furthermore, universities aiming at the promotion of spin-offs need appropriate regulations which do not jeopardise the usage of research outcomes for entrepreneurial purposes. Originality/value -This study contributes to enhance the knowledge on what promotes and inhibits the formation of university spin-off firms, as it first analyses a considerable population of UTTOs in Germany and explicitly considers underexplored and new contingency factors.

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Section: Descriptive Resultssupporting

confidence: 85%

Contingency factors on university spin-off formation: an empirical study in Germany

Lautenschläger

Haase

Kratzer³

2014

Journal of Entrepreneurship and Public Policy

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“…Policymakers increasingly view universities as possible engines of economic growth, via the commercialization of intellectual property through technology transfer using culture as a transmission mechanism (Siegel & Phan, 2005;Ndoda & Sikwila, 2013). This observation has been echoed by Markman et al (2005) who noted that universities, such as Chinhoyi University of Technology, have adopted formal mission statements regarding the role and importance of technology transfer as an accelerator for change as indicated in Figure 1 Tsoukas (2001) claims that new product development calls for 'actionable knowledge for the creation of intellectual property and the identification of new market opportunities.' In a study carried out on SMEs in Taiwan, Huang, Chang and Henderson (2008) noted that operational circumstances change as the process of new product development goes through different stages of its development, and so do challenges faced.…”

Section: University-industry Knowledge Transfer In Smesmentioning

confidence: 99%

Driving Industry Growth through Academic Excellence: A Study on the Strategic Contribution of University-Industry Knowledge Transfer in Revamping Manufacturing SMEs in Developing Economies

Saruchera¹,

Tukuta²,

Ndoda³

et al. 2014

MJSS

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The theory of university-industry knowledge transfer and its ability in transforming the fortunes of SMEs as well as its general applicability to driving industry growth has commanded some research interest worldwide though not much has been written of developing economies. The authors investigate the strategic contribution of academic excellence, through university-industry collaborations, in revamping SMEs in the manufacturing sector. The study commenced with a review of current literature on university-industry collaborations which provided a basis for evaluating five university-SME collaborations over a period of five years. The study found that the lack of professionalism and management incompetency in most SME organizations was undermining the contribution made by the academic institutions in promoting industrial growth in Zimbabwe. We examine the contribution of academic excellence as an engine for industrial growth in SME's in developing economies

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“…Pre-existing familiarity with the technology also provides the licensee with a speed advantage, enhancing the odds of successful commercialization (Markman et al, 2005). In addition, licensees that were involved in collaborative research leading to the licensed technology have superior information about this technology.…”

Section: Hypothesis 6: the Presence And Scope Of Patent Protection Rementioning

confidence: 99%

Not Invented Here: Technology Licensing, Knowledge Transfer and Innovation Based on Public Research

Buenstorf

Geißler

2013

The Two Sides of Innovation

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Abstract:Using a new dataset encompassing more than 2,200 inventions made by Max Planck Society researchers from 1980 to 2004, we explore how licensee and technology characteristics affect the licensing and commercialization of technologies from public research. We find no evidence that spin-offs and external licensees systematically differ in their likelihood of successful commercialization. Technologies licensed to foreign firms are less often commercialized, which may reflect selection effects. Patented technologies and inventions by senior scientists are more likely to be licensed, but patent protection is related to lower commercialization odds and lower royalty payments.

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Innovation speed: Transferring university technology to market

Cited by 372 publications

References 35 publications

Contingency factors on university spin-off formation: an empirical study in Germany

Contingency factors on university spin-off formation: an empirical study in Germany

Driving Industry Growth through Academic Excellence: A Study on the Strategic Contribution of University-Industry Knowledge Transfer in Revamping Manufacturing SMEs in Developing Economies

Not Invented Here: Technology Licensing, Knowledge Transfer and Innovation Based on Public Research

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