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University reputation and technology commercialization: evidence from nanoscale science
Journal article   Peer reviewed

University reputation and technology commercialization: evidence from nanoscale science

Jeongsik Lee and Eric Stuen
The Journal of technology transfer, v 41(3), pp 586-609
01 Jun 2016

Abstract

Business & Economics Engineering Engineering, Industrial Management Science & Technology Social Sciences Technology
We study how the scientific reputations and technology transfer policies of universities affect patenting by university researchers, with particular regard to whether they assign patent ownership to their university or to an outside firm. Using data on the career output of over 33,000 researchers in nanosciences, we find a strongly positive relationship of university reputation in nanosciences with the number of university-assigned patents, but almost a negligible association with firm-assignment of patents. University technology transfer office resources are related positively to both types of patents, but with diminishing returns. In contrast, the share of license revenue offered upfront to researchers is positively associated with university-assigned patents, but negatively related to firm-assigned patents. Taken together, our results suggest that universities that streamline their technology transfer efforts and improve their research reputation through support for basic research will see long-term success in technology commercialization.

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Collaboration types
Domestic collaboration
Web of Science research areas
Engineering, Industrial
Management
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