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University-industry technology transfer: the commercialization of university’s patents

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  • Ana Dias Daniel
  • Liliana Alves

Abstract

The study aims at investigating the main challenges in University-Industry Technology Transfer (UITT) process, as well as the relevant factors for the successful licensing of university inventions. We interviewed academic inventors of several patents in force, owned by Portuguese public universities. We evaluated the process of patent development considering three phases: research, protection and commercialisation. We observed that most of the patents resulted from master/doctoral research and were developed by small, departmental or interdepartmental work teams without industry collaboration. The main motivations were related to curricular valorisation (prestige/visibility/reputation), potential of commercialisation, and/or university incentives. Inflexibility in university procedures and in negotiating with industry; lack of R&D funding to further develop the technology suitable for marketing; and low market potential of the patent were the most cited barriers. The collaboration with industry seems beneficial in the three phases of the UITT process, and its involvement contributed to diminish several of the barriers identified in the UITT process.

Suggested Citation

  • Ana Dias Daniel & Liliana Alves, 2020. "University-industry technology transfer: the commercialization of university’s patents," Knowledge Management Research & Practice, Taylor & Francis Journals, vol. 18(3), pages 276-296, July.
    • Handle: RePEc:taf:tkmrxx:v:18:y:2020:i:3:p:276-296
    DOI: 10.1080/14778238.2019.1638741
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    Cited by:

    1. Rosivalda Pereira & Mário Franco, 2023. "University-Firm Cooperation and Regional Development: Proposal of a Model of Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 676-690, June.
    2. Ren, Yu & Wu, Kuo-Jui & Lim, Ming K. & Tseng, Ming-Lang, 2023. "Technology transfer adoption to achieve a circular economy model under resource-based view: A high-tech firm," International Journal of Production Economics, Elsevier, vol. 264(C).

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