Is the US outperforming Europe in university technology licensing?: A new perspective on the European paradox

Europe is perceived to be lagging behind the US in converting its academic results into economic outcomes. Using new survey data on European and US technology transfer offices (TTOs), we find that differences in academic research, TTO staff and experience explain to a great extent the gap between th...

Full description

Saved in:
Bibliographic Details
Published in:Research policy 2011-02, Vol.40 (1), p.123-135
Main Authors: Conti, Annamaria, Gaule, Patrick
Format: Article
Language:English
Subjects:
Academic profession
Converting
Economics
Europa
Europe
European Paradox
Higher education
Hochschulforschung
Income
Licenses
Licensing
Licensing (technology)
Lizenz
Offices
Policies
Revenue
Studies
Technologietransfer
Technology
Technology licensing
Technology transfer
U.S.A
Universities
University
University research
University Technology transfer Technology licensing European Paradox
USA
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Europe is perceived to be lagging behind the US in converting its academic results into economic outcomes. Using new survey data on European and US technology transfer offices (TTOs), we find that differences in academic research, TTO staff and experience explain to a great extent the gap between the US and Europe in terms of the number of license agreements concluded. However, these factors account for only part of the difference in license income. We relate the difference in licensing income to differences in the organization and staffing of TTOs. Our analysis reveals that US TTOs do not attach more importance to generating revenue as an objective than their European counterparts. However, they employ more staff with experience in industry which explains some of the remaining differential in license income performance.
ISSN:0048-7333
1873-7625
DOI:10.1016/j.respol.2010.10.007