Academic Capitalism and University Incentives for Faculty Entrepreneurship |
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Authors: | Catherine Searle Renault |
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Institution: | (1) RTI International, P.O. Box 12194, Research Triangle Park, NC 27709-2194, USA |
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Abstract: | Entrepreneurial behavior by professors—including decisions about collaboration with industry, patenting and spinning off companies—can
affect the productivity of top universities’ technology transfer efforts. Interviews with 98 professors at 12 southeastern
universities showed that the most significant influence on these aspects of entrepreneurial behavior is the beliefs of professors
about the proper role of universities in the dissemination of knowledge. Some institutional policies, notably revenue splits
with inventors, can affect aspects of this behavior. These findings suggest that both university incentive policies and ethical
concerns about academic capitalism, by limiting the productivity of technology transfer efforts, have an effect on regional
economic development. |
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Keywords: | technology transfer entrepreneurship universities |
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