Abstract

Purpose – to find appropriate tools to measure the efficiency of the technology transfer process (TTP) in higher education institutions (HEIs). Scientific problem is a lack of methods measuring the efficiency of TTP. The objective – comparative analysis of efficiency evaluation methods. Research methodology – the research methodology is based on a comparative analysis of the research papers on the advantages and disadvantages of methods suitable to evaluate the efficiency of TTP. Findings – among some tools, FARE is highlighted for identifying the variables of TTP and assigning their weights, when TOPSIS – to rank the variables and identify the most important. MULTO-MOORA and COPRAS methods with ranking abilities are suitable to select the number of HEIs. DEA method is intended for the economic evaluation of TTP efficiency in HEIs. The social sciences are strengthened by suitable founded tools to measure the efficiency of TTP in HEIs. Research limitations – this paper is providing all advantages and disadvantages (limitations) of decision-making multicriteria methods. Practical implications – the original structure of methods enabling stakeholders (HEIs, TTOs and public authorities) for efficient allocation of an organisation’s financial resources, foresee the future goals for improving the efficiency of TTP. Originality/Value – the original framework of methods incorporated into the one model, enabling related stakeholders (HEIs, TTOs and public authorities) allocate financial resources efficiently.

Highlights

  • During the tracking of higher education institutions (HEIs) research and innovation activities, management issues, efficiency evaluation tools, the most important factors, which can influence the results of technology transfer (TT), the concept of efficiency evaluation can be arranged in the context of HEIs.Successful TT is a sensitive issue in the context of HEIs

  • The economic evaluation methods presented in this comparative research do not solve the issue of technology transfer process (TTP) evaluation tool, but this paper has proposed the framework of suitable methods appropriate to measure the efficiency of TTP in HEIs by incorporating them in the one evaluation model

  • After the implementation of the comparative analysis of economic decision-making tools, it is possible to propose the model to evaluate the efficiency of TTP in HEIs

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Summary

Introduction

During the tracking of HEIs research and innovation activities, management issues, efficiency evaluation tools, the most important factors, which can influence the results of technology transfer (TT), the concept of efficiency evaluation can be arranged in the context of HEIs. Researchers searching for recognition are are interested in sharing their inventions, findings with society through research papers They have little time, which is oriented for science-business collaboration activities in a bilateral project or contract works. The most developed countries have applied such TT model, when TTO is established outside universities, including the best specialists in TT, intellectual property (IP), commercialisation activities, what have the positive effect on economic results of HEIs. TTO serves for a few most prominent universities and hospitals in the countries. Respondents could be included in the research helping to identify performance variables of the particular process, assigning the weights (if relevant)

Comparative analysis of multicriteria decision-making methods
Method
The MAUT tool is widely applicable in
Findings
Conclusions
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