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Technology Shops: Efficient Pricing In Business-University Collaborations

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  • Gavin Cameron
  • Christopher Wallace

Abstract

Recently, business-university collaborations have become the subject of much interest. It is important to distinguish between 'blue-sky' research and more directly commercially applicable research. This paper provides a framework in which to think about the latter. A simple screening model is proposed to study the ways in which a university might sell its research to the private sector. It demonstrates that 'technology shops', where firms pay a fixed fee to join and a relatively low marginal cost for each piece of research, would increase the amount of research commercially developed and would be beneficial to all parties.

Suggested Citation

  • Gavin Cameron & Christopher Wallace, 2007. "Technology Shops: Efficient Pricing In Business-University Collaborations," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(1), pages 17-30.
    • Handle: RePEc:taf:ecinnt:v:16:y:2007:i:1:p:17-30
    DOI: 10.1080/10438590600661632
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    References listed on IDEAS

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    Cited by:

    1. Anders Broström, 2012. "Firms’ rationales for interaction with research universities and the principles for public co-funding," The Journal of Technology Transfer, Springer, vol. 37(3), pages 313-329, June.

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