The Journal of Technology Transfer

An entrepreneurial society refers to places where knowledge-based entrepreneurship has emerged as a driving force for economic growth, employment creation and competitiveness. In this context, entrepreneurial universities play an important role as both knowledge-producer and a disseminating institution. In the literature, several studies contributed with relevant findings. Most of these studies reveal a tendency to use case studies to explain this phenomenon justified by the embryonic nature of the topic field, and with the lack of a robust theoretical framework to understand it. No empirical study, however, has highlighted the interrelations among environmental and internal factors that conditioned the development of entrepreneurial universities with the teaching, research and entrepreneurial missions that they need to achieve. This paper aims to contribute to a better understanding of these interrelations identifying the most critical factors that conditioned these missions and to this end brings a proposal model to measure this phenomenon empirically in the light of the Institutional Economics and the Resource-Based View. The methodology adopted is integrated by the Spanish Entrepreneurial University Scoreboard to identify this phenomenon and Structural Equation Modeling to analyze the relationships among independent and dependent variables that integrate the proposal model of entrepreneurial university. This research could cover invaluable strategies to bring further benefits to society (in terms of the creation of new business and employment) and, in particular, to educational institutions.

This paper reviews university programs that seek to promote technology transfer through entrepreneurial development. It describes fourkey factors (talent, technology, capital, and know-how) that must be linked for successful transfer, and focuses on the new-business incubator as an important mechanism for synergizing these factors in the university. The paper also shows how the incubator supports the development of new technology companies by helping them build credibility, shorten the learning curve, and solve problems faster, and by providing access to entrepreneurial networks. Empirical data on selected university incubators are presented.

Knowledge flows from industry to science have mostly been neglected by empirical studies. This work aims at contributing to this issue by analyzing differences in the factors that influence the probability of knowledge transfer within industry and from industry to science in the biotechnology sector. In order to model these knowledge flows we conduct a citation analysis on the basis of patent data. We then estimate a weighted bivariate probit model on the citation probability of industry and science on the basis of a combined sample of citing and cited patent pairs and an equal number of control patent pairs. The empirical results suggest that there are considerable differences in the citation probability. Cultural closeness for instance has a positive effect on the citation probability from industry to industry while the citation probability of scientific institutions is not affected by cultural distance.

In recent years there has been an increasing focus on universities’entrepreneurial orientation and their ability to exploit and transfer scientific knowledge to the commercial sector. Spin-off firms are recognised as an important opportunity for universities. This paper aims to examine the university spin-off firm context, with particular attention to the relationship with science parks-incubators and their importance as brand names. Evidence is taken from Turin case-study. Turin has a consolidated university framework: the University and the Polytechnic are examples of success all around Europe. A particular characteristic of Turin is given by the presence of two science and technology parks and two incubators.

A recent call has urged to broaden the conceptualization of university entrepreneurship in order to appreciate the heterogeneity of contexts and actors involved in the process of entrepreneurial creation. A gap still persists in the understanding of the variety of ventures generated by different academic stakeholders, and the relationships between these entrepreneurial developments and university missions, namely, teaching and research. This paper addresses this particular gap by looking at how university teaching and research activities influence universities’ entrepreneurial ventures such as academic spin-offs and graduate start-ups. Empirically, we analyse the English higher education sector, drawing on institutional data at the university level. First, we explore the ways in which teaching and research activities are configured, and secondly, we examine how such configurations relate to academic spin-offs and graduate start-ups across different universities over time. Our findings suggest, first, that the evolution of USOs and graduate start-ups exhibit two different pathways over time; and second, that teaching and research both affect entrepreneurial ventures but their effect is different.

This paper describes some of the spinoff benefits that can result from R&D projects, and categorizes them in terms of the dimensions of market and technical newness. These dimensions are discussed with reference to two types of spinoffs: 1) alternative market applications, when the results of an R&D project are subsequently applied to a market or use that differs from the originally intended application, and 2) second-generation technologies, when the technology that was the subject of an R&D project is significantly altered or enhanced in unanticipated ways through subsequent R&D. Examples from the Department of Energy's Energy-Related Inventions Program are integrated into the results of literature review to illustrate key concepts, including core technologies, degrees of market and technology newness, technology robustness, and the nature of connections linking spinoffs to prior R&D investments. The paper concludes by discussing spinoffs as a managerial strategy.

In this paper, I propose a theoretical model to illustrate how the inventor know-how affects whether the inventor starts a firm to develop her idea or licenses an invention to an established firm for development. Inventor start-ups are characterized as development organizations that serve a temporary role in the invention–innovation process, developing an invention until they can sell the developed invention to an established firm that owns requisite complementary assets for commercialization. This model is then used to analyze the role and impact of a university technology transfer office (TTO) on this process to understand how TTO’s may both positively and negatively impact the transaction. The model posits a general theory of inventor–entrepreneur behavior in university and corporate research labs based on two factors: the importance of know-how and the distribution of inventors’ personal costs to transfer that know-how.

This paper documents the importance of foreign patents for the technology transfer of inventions created in the laboratories of the U.S. federal agencies. First, we describe the patent portfolios of the 11 federal agencies with 98 percent of the research performed within the laboratories of all U.S. federal agencies. Second, we estimate the distributed lag function showing the effects on license revenue of an agency’s history of patent applications for inventions granted U.S. patents. The estimation shows that those effects depend on whether the agency also obtained foreign patent protection for its inventions. Third, we estimate a dynamic panel data model of license revenues as a function of the history of applications and granted patents. The evidence supports the view that an agency that obtains U.S. patents for its technologies but does not obtain foreign patent protection disadvantages the corporations that license the agency’s technologies and then face international competition from firms that copy those technologies and compete with lower costs because they do not incur full development costs or pay royalties for licensing the technologies. An increase in foreign patents would increase the willingness of companies to undertake the development costs necessary to have successful commercial products, and technology transfer—with more remuneration to U.S. taxpayers via license royalties—of inventions from the laboratories of U.S. federal agencies would increase.