Why do academics engage with industry? The entrepreneurial university and individual motivations

The debate on the entrepreneurial university has raised questions about what motivates academic scientists to engage with industry. This paper provides evidence based on survey data for a large sample of UK investigators in the physical and engineering sciences. The results suggest that most academics engage with industry to further their research rather than to commercialize their knowledge. However, there are differences in terms of the channels of engagement. Patenting and spin-off company formation are motivated exclusively by commercialization whilst joint research, contract research and consulting are strongly informed by research-related motives. We conclude that policy should refrain from overly focusing on monetary incentives for industry engagement and consider a broader range of incentives for promoting interaction between academia and industry.     

Determinants of knowledge transfer: evidence from Canadian university researchers in natural sciences and engineering

This paper addresses three questions: First, what is the extent of research transfer in natural sciences and engineering among Canadian university researchers? Second, are there differences between various disciplines with regard to the extent of this transfer? And third, what are the determinants of research transfer? To answer these questions, the paper begins by differentiating between technology transfer and knowledge transfer. It then identifies the individual researcher as the unit of analysis of this study and introduces a conceptual framework derived from the resource-based approach of firms. The paper then reviews the literature on each of the factors included in the conceptual framework, beginning with the dependent variable, knowledge transfer. The conceptual framework includes four categories of resources and one category of research attributes that are likely to influence knowledge transfer. Based on a survey of 1,554 researchers funded by the Natural Sciences and Engineering Research Council of Canada (NSERC), comparisons of means of research transfer across research fields were conducted. Multivariate regression analyses were used to identify the determinants of research transfer by research field. The results of these analyses indicate that researchers transferred knowledge much more actively when no commercialization was involved than when there was commercialization of protected intellectual property. This paper thus adds to the relatively scarce evidence about knowledge transfer by examining knowledge transfer from a broader perspective than strict commercialization. The findings of this paper are also interesting for other reasons. We obtained statistical evidence indicating that researchers in certain research fields were much more active in knowledge transfer than those in other fields, thereby pointing to differences in levels of knowledge activities across research fields. Furthermore, we obtained evidence showing that only two determinants explained knowledge transfer in all the six research fields considered in this study, namely, focus of research projects on users’ needs, and linkages between researchers and research users. Statistical evidence obtained indicates that the other determinants that influence knowledge transfer vary from one research field to another, thus suggesting that different policies would be required to increase knowledge transfer in different research fields. The last part of the paper outlines the implications of the regression results for theory building, public policy and future research.     

Measuring the Economic Returns from Successful NASA Life Sciences Technology Transfers

Since 1958 NASA has invested approximately $3.7 billion in life sciences R&D in the support of the successful human space flight program. There are numerous studies documenting the spin-off technologies that can be traced to NASA research and development activities. Most of these studies describe the technologies and their uses; however only a few measure the economic impact of the spin-offs and most of these are benefit/cost studies that tend to overstate benefits or underestimate costs. This study takes a different approach, measuring only economic impacts to the companies that developed successful spin-off products from NASA life sciences investments. A personal interview was conducted with each company and the benefits are conservatively estimated as the value-added by the NASA technology to the company's output and the amount of additional private R&D stimulated by the NASA R&D.This pilot study of fifteen companies, using a very conservative measurement technique, found a large return to companies that have successfully commercialized NASA life sciences spin-off products. Value-added benefits totaled over $3.7 billion in life sciences R&D in the support of the successful human space flight program. There are numerous studies documenting the spin-off technologies that can be traced to NASA research and development activities. Most of these studies describe the technologies and their uses; however only a few measure the economic impact of the spin-offs and most of these are benefit/cost studies that tend to overstate benefits or underestimate costs. This study takes a different approach, measuring only economic impacts to the companies that developed successful spin-off products from NASA life sciences investments. A personal interview was conducted with each company and the benefits are conservatively estimated as the value-added by the NASA technology to the company's output and the amount of additional private R&D stimulated by the NASA R&D.This pilot study of fifteen companies, using a very conservative measurement technique, found a large return to companies that have successfully commercialized NASA life sciences spin-off products. Value-added benefits totaled over 1.5 billion and a NASA R&D total investment in these 15 technologies of 64 million was found to stimulate an additional64 million was found to stimulate an additional 200 million in private R&D.     

University reputation and technology commercialization: evidence from nanoscale science

We study how the scientific reputations and technology transfer policies of universities affect patenting by university researchers, with particular regard to whether they assign patent ownership to their university or to an outside firm. Using data on the career output of over 33,000 researchers in nanosciences, we find a strongly positive relationship of university reputation in nanosciences with the number of university-assigned patents, but almost a negligible association with firm-assignment of patents. University technology transfer office resources are related positively to both types of patents, but with diminishing returns. In contrast, the share of license revenue offered upfront to researchers is positively associated with university-assigned patents, but negatively related to firm-assigned patents. Taken together, our results suggest that universities that streamline their technology transfer efforts and improve their research reputation through support for basic research will see long-term success in technology commercialization.     

Scientists’ perspectives concerning the effects of university patenting on the conduct of academic research in the life sciences

This paper explores scientists’ perspectives on the possible “unintended effects” of university patenting on the definition of academic research agendas, and the norms of open science. Based on a survey of life science researchers in Denmark, we found that a substantial proportion of scientists were skeptical about the impact of university patenting. The most skeptical respondents were scientists oriented towards basic research (particularly the less productive ones), recipients of research council grants, scientists with close relations to industry, and full professors. Highly productive scientists were less concerned. Our results have implications for understanding the ultimate success or failure of academic patenting policies, including how increased university patenting may be affecting how scientists conduct academic research.     

Nascent entrepreneurship and inventive activity: a somewhat new perspective

This paper focuses on the nexus between nascent entrepreneurship (NE) and inventive activity. It questions how NE affects inventive activity (including innovation and patenting) while analyzing the views and predictions that have used patenting as an indicator of entrepreneurial behavior. Using data on German researchers and controlling for their personal, professional and institutional attributes, the findings show that NE increases both patenting and innovation. Implications for technology policy are discussed.     

Interest in technology transfer across academic disciplines: Publication trends, 1981 Thru 1989

Interest in technology transfer across academic disciplines highlights this paper. We reviewed an abstracting service via computer for the years 1981 thru 1989, concentrating on publication titles that included any of four key terms: diffusion of innovation; intrapreneurshipl internal corporate venturing; and technology transfer. This computerized search located 828 pages in science and engineering and 1765 pages in the social sciences. In science and engineering, about 44% of the pages relate to specific cases of technology transfer, and about 27% have an international focus. The opposite is true in the social sciences: cases comprise about 25% of the pages, while 55% have an international focus. Economics, with 470 pages, dominates the writings within the social sciences, as well as elsewhere. In science and engineering, three areas published the most: electrical engineering (147 pages), agriculture (127), and multidisciplinary science (126). The findings suggest that researchers interested in technology transfer would benefit by adopting a multidisciplinary perspective. His experience in technology transfer includes work as a research aerodynamicist for Bell Helicopter Company. More recently he has focused on the marketing problems associated with new products from the federal laboratory system. He has been editor of the Marketing Educator.     

Trends in Academic Research Spending, Alliances, and Commercialization

Widespread changes underway in the national R&D landscape are impacting how universities fund, conduct, and disseminate their own research efforts. The key components of these trends are revealed through a variety of indicators, including on financial resources, publishing and patenting metrics, and research partnerships. Many of the changes appear to be cost-driven. Particularly as funding increases from Government have slowed and expectations for cost-sharing increased during the past decade, universities increasingly have come to rely on nonfederal sources, notably industry and institutional self-funding. The shift in funding sources has impacted all major fields of study. As part of this system-wide transformation, universities have noticeably increased their collaborations with nonacademic researchers as evidenced by trends in publication data and information on the formation of centers, consortia, and cooperative agreements. Concurrently, and not coincidentally, the transfer of universities' research output also is expanding. Such transfers are increasing both indirectly (as indicated from patenting citation data) and directly (as documented by universities' own patenting/licensing commercialization endeavors). On all accounts are we unlikely to have yet reached the peak of such activities.     

Disentangling effort and performance: a renewed look at gender differences in commercializing medical school research

Recently, questions about gender gaps in science have extended to academic technology transfer. Using systematic data on US medical school faculty, we capture both behavior and performance, examining the hypothesis that women are less likely than men to commercialize their research findings. We pooled faculty invention data from ten departments in three Academic Health Centers from 1991 to 1998??a period when patenting had become prevalent and other researchers note that a gender gap was pronounced. Rather than focusing on patenting, we capture the first step in the commercialization process, as well as the subsequent successful licensing of faculty inventions to a company. We find no significant gender differences in the likelihood of reporting inventions or successfully commercializing them. We do find differences in the number of inventions reported, however, with women disclosing fewer inventions than their male counterparts. Our results demonstrate that gender effects are highly conditioned by employment context and resources. We attribute differences in our findings with regards to gender to the use of outcome measures that capture both behavior and performance, and the inclusion of a more extensive set of control variables.     

Technology transfer offices and university patenting in Sweden and Germany

This paper analyses the factors that impact on the decision of researchers to patent their research results. Particular emphasis is put on the role of technology transfer offices. It builds on a survey of university professors in Sweden and Germany. The regression results show that researchers that received support from the public infrastructure and researchers that have experience with the patenting system—through own previous patents or joint patent applications with firms—are much more likely to apply for patents.     

Universities and Technology Transfer in Japan: Recent Reforms in Historical Perspective

The Japanese government has embarked on a series of reforms aimed at stimulating technology transfer from universities to industry. As a result, technology licensing offices are springing up at many national universities. Advocates hope that these reforms will increase the level of university patenting and licensing, which historically has not been a common mode of technology transfer in Japan. Their model is the technology licensing process in the United States, which acquired its present form after passage of the Bayh-Dole Technology Transfer Act of 1980. Such changes face serious historical and institutional barriers. Academic researchers, especially in engineering and physical science, have a long record of collaborative research with industry. Decisions about patenting, however, were usually left to the corporate partner; universities rarely filed for patents under their own name, nor have they, until recently, encouraged or assisted faculty researchers in doing so. Consequently, we believe that current reforms, by going against the grain of past practices, will take time to achieve the hoped for results.     

Academic patents and materials transfer agreements: substitutes or complements?

U.S. universities and academic medical centers long have been important performers of research in the life sciences, but their role as a source of patented intellectual property in this field has changed significantly in the late 20th and early 21st centuries. The expanded presence of formal intellectual property rights within the academic biomedical research enterprise has occasioned numerous expressions of concern from scholars, policymakers, and participants. One widely expressed fear involves the effects of patenting on the conduct of the scientific research enterprise. There is also considerable concern over the possible role of Materials Transfer Agreements (MTAs) in raising research “transaction costs”. On the other hand, others suggest that the contractual structure provided by MTAs may reduce transaction costs and facilitate exchange. This paper undertakes a preliminary analysis of the role of MTAs in the biomedical research enterprise at the University of Michigan, a significant patenter and licensor of biomedical intellectual property. We examine the relationship among invention disclosures, patenting, licensing, and the presence or absence of an MTA. Although data limitations make any conclusions tentative, our analysis suggests that the increased assertion of property rights by universities through MTAs does not appear to impede the commercialization of university research through patenting and licensing.

University-industry linkages in nanotechnology and biotechnology: evidence on collaborative patterns for new methods of inventing

The nanotechnology and biotechnology “revolutions” are so-called because their enabling technological breakthroughs were not simply inventions, but discoveries of entirely new methods of inventing. We hypothesize that university participants in either or both of these areas will exhibit greater collaboration with industry than researchers in other areas. We explore this hypothesis for 454 faculty members who conducted research that was patented during the period 1994–1999. Because our data include patents, publications, and funding at the individual level, we are able to examine the industry interaction of faculty who participated in the nanotechnology and biotechnology revolutions, as well as the interaction of faculty contributing to other areas of patentable science. We examine a variety of linkages, including sponsored research, consulting, publication with firm employees and measures of the potential for cross-campus collaboration. The results are striking in that they show significant differences in collaborative behavior across patent types and across the major program areas biological sciences, physical sciences and engineering. The results are consistent with a greater degree of tacit knowledge within the new methods of inventing. We also find significant differences in the embryonic nature and importance of patents across areas.     

Determinant factors of university spin-off: the case of Korea

Increasingly more research has examined the creation of university spin-off firms as are seen as an important source of regional and national economic growth. However little is known about the factors influencing the formation of university spin-off in Asian countries, especially in Korea. This paper contributes to the literature on academic entrepreneurship by deepening our understanding on determinant factors of university spin-off in the case of Korea. We investigate organizational and institutional factors highlighted in the literature as influencing the creation of university spin-off companies. The Korean government has implemented the INNOPOLIS Research Institute Spin-off (IRIS) program to enable universities to create new firms within special research and development (R&D) zones to commercialize public R&D output. The capability of universities to establish new firms through the program varies; consequently, this study utilized 122 universities from 2013 to 2015 to analyze determinant factors that affect university spin-offs. Panel logit and negative binomial analysis results indicate that university location has the highest positive influence on IRIS. Government-sponsored funding has a negative impact; however, the likelihood that universities create spin-offs and the number of IRIS firms are positively and significantly affected by publications, patents, research funding, and number of university spin-offs.     

Patenting of Research Results Related to Genetic Resources from Areas beyond National Jurisdiction: The Crossroads of the Law of the Sea and Intellectual Property Law

The conservation and sustainable use of marine biodiversity beyond national jurisdiction has attracted increasing attention from international fora over the last 15 years. A particular issue that is currently debated surrounds the regime for research activities related to biological resources from areas beyond national jurisdiction. This article considers the implications of patenting the research results of such activities in the context of the United Nations Convention on the Law of the Sea. It concludes that policy clarification is needed in order to ensure that any regime for bioprospecting in areas beyond national jurisdiction provides incentives for researchers and prospectors to continue uncovering the mysteries of the deep oceans, including through the issuance of patents, while at the same time ensuring a fair sharing of the benefits of research results with all States.     

Strategic spin-off: a new incentive contract for managing R&D researchers

Innovation is a strategic challenge for high-tech companies and as such, justifies large investments in R&D. After exploring the limits of the underlying postulates of the organizational management of innovation (the necessary specialisation of researchers, the possibility of human discontinuity of innovation and possibility of controlling researchers), the objective of this paper is to show that the relationship between managers and researchers is characterised by asymmetric information (Laffont , J. J. (1985). Economie de l’incertain et de l’information, Economica.) to the benefit of the researchers. This asymmetry supposes the setting up of management practices which incite researchers to optimise the company’s interests, but this can only be done to at the expense of management control. In R&D activities, the informational asymmetry in agency relationship can be overcome by incentive managerial practices (Jensen, M. C., & Meckling, W. H. (1976) Theory of the firm: managerial behavior, agency cost, and ownership structure. Journal of Financial Economics, 3(4), 305–360.). The relationship between the manager (principal) and the researcher (agent), can be resolved by setting up the practice of strategic spin-off. This practice which enables a researcher to create a company based on work that he himself has carried out within the R&D department of his “mother” company, constitutes both an economic incentive (through the status of shareholder) and a symbolic one (through the status of entrepreneur). The incentive is strong for the researcher both to reveal his information and to obtain financial value from his research. Implementing this incentive contract means putting into place certain managerial and organisational practices designed to accompany the researcher–entrepreneur: (training, incubator, venture-capital structure etc.). The practice of strategic spin-off is beginning to emerge in high tech enterprises. This is why we have chosen to make an in-depth case study of the French company most involved in strategic spin-off, namely France Telecom.

Determinants and public policy implications of academic-industry knowledge transfer in life sciences: a review and a conceptual framework

There is a considerable interest of scholars in benefits and challenges arising from involvement of academic researchers and their institutions in knowledge transfer activities with the business sector. The emerging questions have resulted in a number of studies, yielding rich but mixed findings. The purpose of this paper is to systematically review this body of investigative work, with a particular emphasis on life sciences. Based on the systematic analysis and synthesis of 135 articles published between 1980 and 2014, we discuss the most interesting findings for each of the six identified principal academic-industry research topics: involvement predictors and motivators, role of incentives, institutional performance determinants, knowledge transfer institutionalization, relationship with scientific output and impact on open science. Whereas many studies reach consensus regarding the particular personal and contextual predictors of researchers’ knowledge transfer involvement, we also find substantial evidence that depending on empirical setting, variables such as scientific productivity and institutional technology transfer support policies can act both as enablers and inhibitors in the process. We find no straightforward evidence regarding the role of the size, age and structure of technology transfer offices in the knowledge transfer performance of academic institutions. We also show that most studies agree that engagement in knowledge transfer activities does not negatively affect the researchers’ scientific output. Yet, it is less clear to what extent university-industry interactions can be detrimental for the norms of open science. We draw several policy implications for academic settings and emphasize interesting avenues for further research in this field.     

Entrepreneurship, Secrecy, and Productivity: A Comparison of Clinical and Non-Clinical Life Sciences Faculty

This paper addresses research in the life sciences, responsible for significant national expenditures for scientific investigations funded by both the federal government and industry. Our investigation examines faculty members' involvement with industry in entrepreneurial ways that is, involved in translating their research into potentially marketable knowledge or products. First, this study examines whether there are differences in entrepreneurial behaviour between clinical and non-clinical faculty in the life sciences with industry relationships, and, second, to discover any linkage between entrepreneurship and secrecy or productivity in different ways for clinical and non-clinical faculty. The study is based on survey responses of a national sample of 4,000 clinical and non-clinical life sciences faculty in 49 U.S. research universities. The results show non-clinical faculty as more involved at the back end. The more entrepreneurial end of commercialization while clinical faculty are involved at the back end. The more entrepreneurial faculty (non-clinical) are more likely to be secretive about their research. Clinical faculty are less likely to have been denied access to research results or products. Entrepreneurial faculty are not less productive in their faculty roles. This investigation is preliminary in that it addresses one large area of academic research but excludes fields with longer historical relationships with industry.     

Success Factors for Transferring Technology to Spin-off Applications: the Case of The Technology Property Rights Concession Program in Korea

This paper is a study of 127 firms participating in Korea's Technology Property Rights Concession Program, a program designed to stimulate technology transfer related to spin-off applications of public technology. The purpose is to identify the determinants of transfer success. The findings indicate that successful firms were motivated by the ability to access a core technology free of charge and to solve technical problems currently encountered in technology development. Second, the targeted technology was highly reliable. Third, interest in commercial success of the transfer was very high among the researchers involved in the transfer process and these researchers had a high degree of prior understanding about industrial problems on the part of participating firms. Relatedly, there was a very high satisfaction with the communication that existed between lab researchers and their industrial partners in the transfer process. Fourth, lab contributions to the transfer process were very high in the pre-commercial and commercial stages of technology development.     

The effects of university-level policies on women’s participation in academic patenting in Italy

The Journal of Technology Transfer - A growing stream of the academic literature has investigated the factors that hamper the participation of women researchers in patenting and commercialization...