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Technology transfer with search intensity and project advertising

Author

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  • Giorgio Calcagnini

    (Università di Urbino Carlo Bo
    Mo.Fi.R)

  • Germana Giombini

    (Università di Urbino Carlo Bo
    Mo.Fi.R)

  • Paolo Liberati

    (Università degli Studi di Roma Tre)

  • Giuseppe Travaglini

    (Università di Urbino Carlo Bo)

Abstract

We present a model where technology transfer (TT) is embedded into a non cooperative model of utility and profit maximization and is the result of an endogenous matching process between technology transfer offices and innovative firms. We show that TT strictly depends on the costs of searching researchers and firm advertising for vacant projects. In this scenario, technology progress might be excessively low if technology transfer offices search for project matches too much intensively. The result occurs because both sides of the market ignore the externalities of their decisions. Complementarity or substitutability between the tightness in the TT market and the technology stock are both potential equilibrium outcomes.

Suggested Citation

  • Giorgio Calcagnini & Germana Giombini & Paolo Liberati & Giuseppe Travaglini, 2019. "Technology transfer with search intensity and project advertising," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1529-1546, October.
    • Handle: RePEc:kap:jtecht:v:44:y:2019:i:5:d:10.1007_s10961-018-9667-3
    DOI: 10.1007/s10961-018-9667-3
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    More about this item

    Keywords

    Technology transfer; Matching; Externalities;
    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

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