IDEAS home Printed from https://ideas.repec.org/a/kap/jtecht/v38y2013i3p341-347.html
   My bibliography  Save this article

A policy for enhancing the disclosure of university faculty invention

Author

Listed:
  • Andreas Panagopoulos
  • Elias Carayannis

Abstract

Faculty scientists often avoid disclosing their inventions to the university’s technology licensing office (TLO), opting instead to self-license their invention. As this paper argues, TLO’s can achieve full disclosure by allowing faculty scientists to self-license their invention in return for some form of non-pecuniary “insurance”, just in case they fail in self-licensing their technology. Copyright Springer Science+Business Media, LLC 2013

Suggested Citation

  • Andreas Panagopoulos & Elias Carayannis, 2013. "A policy for enhancing the disclosure of university faculty invention," The Journal of Technology Transfer, Springer, vol. 38(3), pages 341-347, June.
    • Handle: RePEc:kap:jtecht:v:38:y:2013:i:3:p:341-347
    DOI: 10.1007/s10961-011-9244-5
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10961-011-9244-5
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10961-011-9244-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Markman, Gideon D. & Gianiodis, Peter T. & Phan, Phillip H. & Balkin, David B., 2005. "Innovation speed: Transferring university technology to market," Research Policy, Elsevier, vol. 34(7), pages 1058-1075, September.
    2. Jensen, Richard A. & Thursby, Jerry G. & Thursby, Marie C., 2003. "Disclosure and licensing of University inventions: 'The best we can do with the s**t we get to work with'," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1271-1300, November.
    3. Albert N. Link & John T. Scott, 2013. "Private Investor Participation and Commercialization Rates for Government-sponsored Research and Development: Would a Prediction Market Improve the Performance of the SBIR Programme?," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 11, pages 157-174, Edward Elgar Publishing.
    4. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    5. Jerry G. Thursby & Marie C. Thursby, 2004. "Are Faculty Critical? Their Role in University–Industry Licensing," Contemporary Economic Policy, Western Economic Association International, vol. 22(2), pages 162-178, April.
    6. Richard A. Jensen & Jerry G. Thursby & Marie C. Thursby, 2003. "The Disclosure and Licensing of University Inventions," NBER Working Papers 9734, National Bureau of Economic Research, Inc.
    7. Albert Link & Donald Siegel, 2005. "Generating science-based growth: an econometric analysis of the impact of organizational incentives on university-industry technology transfer," The European Journal of Finance, Taylor & Francis Journals, vol. 11(3), pages 169-181.
    8. Gideon D. Markman & Peter T. Gianiodis & Phillip H. Phan & David B. Balkin, 2004. "Entrepreneurship from the Ivory Tower: Do Incentive Systems Matter?," The Journal of Technology Transfer, Springer, vol. 29(3_4), pages 353-364, August.
    9. Markman, Gideon D. & Phan, Phillip H. & Balkin, David B. & Gianiodis, Peter T., 2005. "Entrepreneurship and university-based technology transfer," Journal of Business Venturing, Elsevier, vol. 20(2), pages 241-263, March.
    10. Thursby, Jerry G & Jensen, Richard & Thursby, Marie C, 2001. "Objectives, Characteristics and Outcomes of University Licensing: A Survey of Major U.S. Universities," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 59-72, January.
    11. Albert N. Link & Donald S. Siegel & Barry Bozeman, 2007. "An empirical analysis of the propensity of academics to engage in informal university technology transfer ," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(4), pages 641-655, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kyriakos Drivas & Andreas Panagopoulos & Stelios Rozakis, 2018. "Instigating entrepreneurship to a university in an adverse entrepreneurial landscape," The Journal of Technology Transfer, Springer, vol. 43(4), pages 966-985, August.
    2. Katerina Sideri & Andreas Panagopoulos, 2018. "Setting up a technology commercialization office at a non-entrepreneurial university: an insider’s look at practices and culture," The Journal of Technology Transfer, Springer, vol. 43(4), pages 953-965, August.
    3. Patrick S. W. Fong & Xuhua Chang & Qiang Chen, 2018. "Faculty patent assignment in the Chinese mainland: evidence from the top 35 patent application universities," The Journal of Technology Transfer, Springer, vol. 43(1), pages 69-95, February.
    4. Xu-hua Chang & Qiang Chen & Patrick S. W. Fong, 2017. "University invention disclosure: balancing the optimal stage and type," The Journal of Technology Transfer, Springer, vol. 42(3), pages 510-537, June.
    5. Samira Yusef Araújo Falani Bezerra & Ana Lúcia Vitale Torkomian, 2024. "Technology Transfer Offices: a Systematic Review of the Literature and Future Perspective," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4455-4488, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bradley, Samantha R. & Hayter, Christopher S. & Link, Albert N., 2013. "Models and Methods of University Technology Transfer," UNCG Economics Working Papers 13-10, University of North Carolina at Greensboro, Department of Economics.
    2. Johnson, William H.A., 2011. "Managing university technology development using organizational control theory," Research Policy, Elsevier, vol. 40(6), pages 842-852, July.
    3. Anja Schoen & Bruno Pottelsberghe de la Potterie & Joachim Henkel, 2014. "Governance typology of universities’ technology transfer processes," The Journal of Technology Transfer, Springer, vol. 39(3), pages 435-453, June.
    4. Good, Matthew & Knockaert, Mirjam & Soppe, Birthe & Wright, Mike, 2019. "The technology transfer ecosystem in academia. An organizational design perspective," Technovation, Elsevier, vol. 82, pages 35-50.
    5. Isabel Maria Bodas Freitas & Aldo Geuna & Federica Rossi, 2011. "University–Industry Interactions: The Unresolved Puzzle," Chapters, in: Cristiano Antonelli (ed.), Handbook on the Economic Complexity of Technological Change, chapter 11, Edward Elgar Publishing.
    6. Ani Gerbin & Mateja Drnovsek, 2016. "Determinants and public policy implications of academic-industry knowledge transfer in life sciences: a review and a conceptual framework," The Journal of Technology Transfer, Springer, vol. 41(5), pages 979-1076, October.
    7. William R. Meek & Matthew S. Wood, 2016. "Navigating a Sea of Change: Identity Misalignment and Adaptation in Academic Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 40(5), pages 1093-1120, September.
    8. Brantnell, Anders & Baraldi, Enrico, 2022. "Understanding the roles and involvement of technology transfer offices in the commercialization of university research," Technovation, Elsevier, vol. 115(C).
    9. Samantha Bradley & Christopher Hayter & Albert Link, 2013. "Proof of Concept Centers in the United States: an exploratory look," The Journal of Technology Transfer, Springer, vol. 38(4), pages 349-381, August.
    10. Christian Sandström & Karl Wennberg & Martin W. Wallin & Yulia Zherlygina, 2018. "Public policy for academic entrepreneurship initiatives: a review and critical discussion," The Journal of Technology Transfer, Springer, vol. 43(5), pages 1232-1256, October.
    11. Brown, Austin R. & Wood, Matthew S. & Scheaf, David J., 2022. "Discovery sells, but who’s buying? An empirical investigation of entrepreneurs’ technology license decisions," Journal of Business Research, Elsevier, vol. 144(C), pages 403-415.
    12. Battaglia, Daniele & Landoni, Paolo & Rizzitelli, Francesco, 2017. "Organizational structures for external growth of University Technology Transfer Offices: An explorative analysis," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 45-56.
    13. Jisun Kim & Tugrul Daim, 2014. "A new approach to measuring time-lags in technology licensing: study of U.S. academic research institutions," The Journal of Technology Transfer, Springer, vol. 39(5), pages 748-773, October.
    14. O’Kane, Conor & Mangematin, Vincent & Geoghegan, Will & Fitzgerald, Ciara, 2015. "University technology transfer offices: The search for identity to build legitimacy," Research Policy, Elsevier, vol. 44(2), pages 421-437.
    15. Belitski, Maksim & Aginskaja, Anna & Marozau, Radzivon, 2019. "Commercializing university research in transition economies: Technology transfer offices or direct industrial funding?," Research Policy, Elsevier, vol. 48(3), pages 601-615.
    16. Aldridge, Taylor & Audretsch, David B., 2010. "Does policy influence the commercialization route? Evidence from National Institutes of Health funded scientists," Research Policy, Elsevier, vol. 39(5), pages 583-588, June.
    17. Wood, Matthew S., 2011. "A process model of academic entrepreneurship," Business Horizons, Elsevier, vol. 54(2), pages 153-161.
    18. Thursby, Jerry G. & Thursby, Marie C., 2011. "Faculty participation in licensing: Implications for research," Research Policy, Elsevier, vol. 40(1), pages 20-29, February.
    19. Christopher S. Hayter, 2013. "Harnessing University Entrepreneurship for Economic Growth," Economic Development Quarterly, , vol. 27(1), pages 18-28, February.
    20. Christoph Kober, 2010. "Enhancing Knowledge-Based Regional Economic Development: Potentials and Barriers for Technology Transfer Offices," NEURUS papers neurusp139, NEURUS - Network of European and US Regional and Urban Studies.

    More about this item

    Keywords

    University patenting; Technology licensing; Bargaining; O31; O32; O34; L24;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jtecht:v:38:y:2013:i:3:p:341-347. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.