Abstract
AbstractPatenting and technology commercialization activities are rapidly gaining momentum in Indian academia. Currently, there is paucity of data suggesting technology commercialization activities among Indian academia. This study aims to examine issues regarding technology commercialization among Indian academics. The objectives of this study are to (1) understand the policy implications of university-industry technology transfer and (2) propose a conceptual model for technology transfer suitable for Indian scenario. The data included for our analysis is drawn from our previous study of 25 Indian Universities. The orientation of the paper is as follows: “Literature Review” is subdivided into two sub-sections — “Policies Implemented for Leveraging Successful Academic Research Commercialization in the USA, Japan, and Israel” and “University Research Commercialization — Case Studies of Universities in the USA, Japan, and Israel” are presented. “Methodology” deals with the methodology used for the study. “Discussion” is further subdivided into three sections — “Analysis and Comparisons of Policy Implications on University-Industry Technology Transfer,” “Practice of Academic Technology Transfer in Indian Universities/Institutes,” and “Conceptual Model Recommended for University-Industry Tech Commercialization in India.” “Conclusion” concludes the topic. The current practices of academia-industry knowledge commercialization in India are limited, and the paper is an attempt to propose a suitable model to encourage commercialization activities by Indian universities.
Highlights
The process of transforming innovations protected through Intellectual Property Rights (IPR) into products marketable is called technology transfer
Tel Aviv University applied for 256 patents between 2012 and 2017 with a success rate of 41% translating into granted patents
The Indian research institutions innovated over 50 pharmaceutical processes and domestic firms benefited from indigenous innovations due to the non-exclusive licenses granted by the Council of Scientific and Industrial Research (CSIR) labs
Summary
The process of transforming innovations protected through Intellectual Property Rights (IPR) into products marketable is called technology transfer. In 1977, the Ministry of Education of Japan gradually reduced the restrictions on industrial support for R&D in national universities, promoting new forms of cooperative research. The first such cooperative research came up in 1983, which was named Monbusho’s cooperative research program that opened the gates for university industry collaborations (Collins & Wakoh, 2000). The Law of Special Measures to Revive Industry 1999 (Japanese Bayh Dole Act) revolutionized the concept of university research commercialization in Japan by successfully increasing the number of patent applications filed by universities and conceptualized technology transfer to Japanese industries (Takenaka, 2005). Some of the succesfull cases of university-industry technology transfer practices in these nations are discussed in the later sections of the paper
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
