Technology Commercialization: Indian University Perspective

Abstract

Technology transfer is the complete, enabling disclosure of advancement in Science and technology, sufficient for its unfettered use and improvement. Universities and institutions of high end research and learning are the focus of such knowledge economy. University-industry partnerships in the field of Science and technology are complex and develop through a large number of mechanisms. The protection and the licensing mechanism of Intellectual property rights at such institutions are the focus of attention of the policy makers at all levels, including the Parliament, wherein a bill has been passed recently, PFIP Bill,2010, which emulates the technology commercialization at US University through Bayh Dole Act. A detailed commercialization process has been evaluated and the success of such technology transfer analysis and commercialization has been reviewed with reference to controlling parameters and revenue being generated.

Estimating Factors Affecting Technical Efficiency in Indian Manufacturing Sector

“…There is essential to increase the contribution of private players to invest R&D fund in research academia and research universities. R&D funding for research organizations from private players would work as a significant driver to create a conducive and effective platform for technology transfer and commercialization across firms and industries in India (Srivastava & Chandra, 2012;Ali & Husain, 2014;Aruna, 2015;Dogan et al, 2016;Mishra, 2019;Singh & Ashraf, 2019).…”

Object and Means of University-Firm Technology Transfer

“…The universities have steadily increased their share in the creation of companies based on creating new technologies originating from academic research (Etzkowitz, 2003;Srivastava & Chandra, 2012;Costa & Junior, 2016;Ruiz et al, 2017) Partially…”

“…(1) Federal funding for the development of certain areas reflects positively on TT (O'Shea et al, 2005); (2) Most licensed inventions could not be developed independently by any inventor or company, strengthening the role of university research in technological innovation (Jensen & Thursby, 2001). (3); Companies' internal R&D used to be a strategic asset, but has now given way to cooperation with universities (Chesbrough, 2003;Park & Lee, 2011); (4) Universities have constantly increased their participation in the creation of companies based on the creation of new technologies that originated in academic research (Etzkowitz, 2003;Srivastava & Chandra, 2012).…”

Factors Affecting Firm’s Annual Turnover in Selected Manufacturing Industries of India

“…Thus, aforesaid policies could not show a positive impact on the performance of the manufacturing sector in India. Indian manufacturing sector has a low global value chain, low R&D spending, poor quality of products, extensive dependency of firms on foreign technologies, low innovative ability of firms, ineffective IPRs regime, low association across firms, low applications of advance technologies, low trust of entrepreneurs on domestic technologies, insignificant association of research institutions with industries, low technology transfer and commercialization, low financial support from banking sector and financial institutions for small-scale firms, inadequate public-private co-operation, low productivity of human resource, poor infrastructure, stringent and complex labor law, technological backwardness and scarcity of skilled workforce, and others (Deolalikar & Röller, 1989;Mazumdar, Rajeev & Ray, 2009;Ray & Saha, 2010;Iyer, Koudal & Saranga, 2011;Srivastava & Chandra, 2012;Vrajlal, 2015;Kaur, 2016;Singh, Ashraf & Arya, 2019;. India has the 2 nd largest population in the world.…”