IDEAS home Printed from https://ideas.repec.org/p/unm/unumer/2008075.html
   My bibliography  Save this paper

Developing internationally comparable indicators for the commercialization of publicly-funded research

Author

Listed:
  • Arundel, Anthony

    (UNU-MERIT)

  • Bordoy, Catalina

    (UNU-MERIT)

Abstract

It is a common perception that European public-funded research fails to commercialize their discoveries, in contrast to the perceived success of their American counterparts. This resulted in policies aimed at improving the commercialization of European publicly-funded research, including the establishment of Technology Transfer Offices (TTOs). Recent surveys on the activities of these TTOs show that although European public-funded research lags behind the United States in patent applications and grants, they produce more start-ups, and have comparable results for the number of licenses executed. Steps to improve the international comparability of TTO surveys could provide useful new indicators for policy development. However, this will also require indicators for knowledge transfer through informal 'open science' methods.

Suggested Citation

  • Arundel, Anthony & Bordoy, Catalina, 2008. "Developing internationally comparable indicators for the commercialization of publicly-funded research," MERIT Working Papers 2008-075, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  • Handle: RePEc:unm:unumer:2008075
    as

    Download full text from publisher

    File URL: https://unu-merit.nl/publications/wppdf/2008/wp2008-075.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 577-598.
    2. Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2003. "Links and Impacts: The Influence of Public Research on Industrial R&D," Chapters, in: Aldo Geuna & Ammon J. Salter & W. Edward Steinmueller (ed.), Science and Innovation, chapter 4, Edward Elgar Publishing.
    3. Anthony Arundel & Aldo Geuna, 2004. "Proximity and the use of public science by innovative European firms," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 13(6), pages 559-580.
    4. Bart Verspagen, 2006. "University Research, Intellectual Property Rights And European Innovation Systems," Journal of Economic Surveys, Wiley Blackwell, vol. 20(4), pages 607-632, September.
    5. Stéphane Malo & Aldo Geuna, 2000. "Science-Technology Linkages in an Emerging Research Platform: The Case of Combinatorial Chemistry and Biology," Scientometrics, Springer;Akadémiai Kiadó, vol. 47(2), pages 303-321, February.
    6. Phan, Phillip H. & Siegel, Donald S., 2006. "The Effectiveness of University Technology Transfer," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 2(2), pages 77-144, November.
    7. Lockett, Andy & Wright, Mike, 2005. "Resources, capabilities, risk capital and the creation of university spin-out companies," Research Policy, Elsevier, vol. 34(7), pages 1043-1057, September.
    8. Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
    9. Jeannette Colyvas & Michael Crow & Annetine Gelijns & Roberto Mazzoleni & Richard R. Nelson & Nathan Rosenberg & Bhaven N. Sampat, 2002. "How Do University Inventions Get Into Practice?," Management Science, INFORMS, vol. 48(1), pages 61-72, January.
    10. Di Gregorio, Dante & Shane, Scott, 2003. "Why do some universities generate more start-ups than others?," Research Policy, Elsevier, vol. 32(2), pages 209-227, February.
    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. Young-Don Cho & Hoo-Gon Choi, 2013. "Principal parameters affecting R&D exploitation of nanotechnology research: a case for Korea," Scientometrics, Springer;Akadémiai Kiadó, vol. 96(3), pages 881-899, September.
    2. Sabrina L. Woltmann & Lars Alkærsig, 2018. "Tracing university–industry knowledge transfer through a text mining approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 117(1), pages 449-472, October.
    3. Pontus Braunerhjelm, 2007. "Academic entrepreneurship: Social norms, university culture and policies," Science and Public Policy, Oxford University Press, vol. 34(9), pages 619-631, November.
    4. Haeussler, Carolin & Colyvas, Jeannette A., 2011. "Breaking the Ivory Tower: Academic Entrepreneurship in the Life Sciences in UK and Germany," Research Policy, Elsevier, vol. 40(1), pages 41-54, February.
    5. Roessner, David & Bond, Jennifer & Okubo, Sumiye & Planting, Mark, 2013. "The economic impact of licensed commercialized inventions originating in university research," Research Policy, Elsevier, vol. 42(1), pages 23-34.
    6. Rui M. Cartaxo & Manuel Mira Godinho, 2017. "How institutional nature and available resources determine the performance of technology transfer offices," Industry and Innovation, Taylor & Francis Journals, vol. 24(7), pages 713-734, October.
    7. Harvey Goldstein & Edward Bergman & Gunther Maier, 2011. "Comparing U.S. and European Views of University Involvement in Economic Development," ERSA conference papers ersa11p301, European Regional Science Association.
    8. Ian Currie, 2011. "Government Policies to Encourage University-Business Research Collaboration in Canada: Lessons from the US, the UK and Australia," CSLS Research Reports 2011-02, Centre for the Study of Living Standards.
    9. Ekaterina Bjørnåli & Magnus Gulbrandsen, 2010. "Exploring board formation and evolution of board composition in academic spin-offs," The Journal of Technology Transfer, Springer, vol. 35(1), pages 92-112, February.
    10. Kristjan Sigurdson & Creso M. Sá & Andrew Kretz, 2015. "Looking under the street light: Limitations of mainstream technology transfer indicators," Science and Public Policy, Oxford University Press, vol. 42(5), pages 632-645.

    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. Aldo Geuna & Alessandro Muscio, 2008. "The governance of University knowledge transfer," SPRU Working Paper Series 173, SPRU - Science Policy Research Unit, University of Sussex Business School.
    2. Larsen, Maria Theresa, 2011. "The implications of academic enterprise for public science: An overview of the empirical evidence," Research Policy, Elsevier, vol. 40(1), pages 6-19, February.
    3. Foray, Dominique & Lissoni, Francesco, 2010. "University Research and Public–Private Interaction," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 275-314, Elsevier.
    4. Cornelia Lawson, 2013. "Academic Inventions Outside the University: Investigating Patent Ownership in the UK," Industry and Innovation, Taylor & Francis Journals, vol. 20(5), pages 385-398, July.
    5. Perkmann, Markus & Tartari, Valentina & McKelvey, Maureen & Autio, Erkko & Broström, Anders & D’Este, Pablo & Fini, Riccardo & Geuna, Aldo & Grimaldi, Rosa & Hughes, Alan & Krabel, Stefan & Kitson, Mi, 2013. "Academic engagement and commercialisation: A review of the literature on university–industry relations," Research Policy, Elsevier, vol. 42(2), pages 423-442.
    6. 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.
    7. Grimaldi, Rosa & Kenney, Martin & Siegel, Donald S. & Wright, Mike, 2011. "30 years after Bayh-Dole: Reassessing academic entrepreneurship," Research Policy, Elsevier, vol. 40(8), pages 1045-1057, October.
    8. Victoria Galan-Muros & Todd Davey, 2019. "The UBC ecosystem: putting together a comprehensive framework for university-business cooperation," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1311-1346, August.
    9. 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.
    10. Agrawal, Ajay & Cockburn, Iain, 2003. "The anchor tenant hypothesis: exploring the role of large, local, R&D-intensive firms in regional innovation systems," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1227-1253, November.
    11. Wright, Mike & Clarysse, Bart & Lockett, Andy & Knockaert, Mirjam, 2008. "Mid-range universities' linkages with industry: Knowledge types and the role of intermediaries," Research Policy, Elsevier, vol. 37(8), pages 1205-1223, September.
    12. Hanna Hottenrott & Cornelia Lawson, 2014. "Research grants, sources of ideas and the effects on academic research," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(2), pages 109-133, March.
    13. Cowan, Robin & Zinovyeva, Natalia, 2013. "University effects on regional innovation," Research Policy, Elsevier, vol. 42(3), pages 788-800.
    14. Christopher S. Hayter, 2013. "Harnessing University Entrepreneurship for Economic Growth," Economic Development Quarterly, , vol. 27(1), pages 18-28, February.
    15. Vadim Grinevich, 2013. "Region-specific productivity competitiveness and the universityindustry interface," Chapters, in: Tüzin Baycan (ed.), Knowledge Commercialization and Valorization in Regional Economic Development, chapter 9, pages 184-208, Edward Elgar Publishing.
    16. Gideon D. Markman & Donald S. Siegel & Mike Wright, 2008. "Research and Technology Commercialization," Journal of Management Studies, Wiley Blackwell, vol. 45(8), pages 1401-1423, December.
    17. Berbegal-Mirabent, Jasmina & Sánchez García, José Luís & Ribeiro-Soriano, D. Enrique, 2015. "University–industry partnerships for the provision of R&D services," Journal of Business Research, Elsevier, vol. 68(7), pages 1407-1413.
    18. Katalin Erdős & Attila Varga, 2012. "The Academic Entrepreneur: Myth or Reality for Increased Regional growth in Europe?," Chapters, in: Marina van Geenhuizen & Peter Nijkamp (ed.), Creative Knowledge Cities, chapter 7, Edward Elgar Publishing.
    19. Hewitt-Dundas, Nola, 2012. "Research intensity and knowledge transfer activity in UK universities," Research Policy, Elsevier, vol. 41(2), pages 262-275.
    20. Son, Hosung & Chung, Yanghon & Hwang, Heeju, 2019. "Do technology entrepreneurship and external relationships always promote technology transfer? Evidence from Korean public research organizations," Technovation, Elsevier, vol. 82, pages 1-15.

    More about this item

    Keywords

    Public R&D; Commericalization; Research Indicators; Open Science; Europe;
    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
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:unm:unumer:2008075. 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: Ad Notten (email available below). General contact details of provider: https://edirc.repec.org/data/meritnl.html .

    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.