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To Patent or Not: Faculty Decisions and Institutional Success at Technology Transfer
Authors:Jason Owen-Smith  Walter W. Powell
Affiliation:1. Stanford University, 509 CERAS Bldg., Stanford, CA, 94305-3084
Abstract:We draw on qualitative data derived from field work on two university campuses to develop an explanation for widely disparate rates of new invention disclosure. We argue that faculty decisions to disclose are shaped by their perceptions of the benefits of patent protection. These incentives to disclose are magnified or minimized by the perceived costs of interacting with technology transfer offices and licensing professionals. Finally, faculty considerations of the costs and benefits of disclosure are colored by institutional environments that are supportive or oppositional to the simultaneous pursuit of academic and commercial endeavors.
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