Abstract
The purpose of this paper is to provide a systems perspective of the university-industry technology transfer (UITT) process. Departing from the traditional linear approach to technology transfer, we build a model capturing interactions between a selected number of technology transfer channels and variables endogenous to the technology transfer process. The relationships identified in the model demonstrate that the UITT process and its impact extend well beyond the traditional scope of the university technology transfer offices. A narrow view of the process, one focused on short-term revenue maximisation principles, is inadequate due to secondary system elements that can impact technology commercialisation outcomes. The model suggests, when deciding on licensing, consulting or collaborative research agreements, universities should account for their reputation for technology transfer and R&D as key assets. We show that a technology transfer policy that relaxes licensing terms in favour of industry can have multi-path positive feedbacks on university success.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Technology Transfer and Commercialisation
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.