TECHNOLOGY SHOPS: EFFICIENT PRICING IN BUSINESS-UNIVERSITY COLLABORATIONS

Gavin Cameron and Christopher Wallace

Economics of Innovation and New Technology, 2007, vol. 16, issue 1, pages 17-30

Abstract: Recently, business--university collaborations have become the subject of much interest. It is important to distinguish between 'blue-sky’ research and more directly commercially applicable research. This paper provides a framework in which to think about the latter. A simple screening model is proposed to study the ways in which a university might sell its research to the private sector. It demonstrates that 'technology shops’, where firms pay a fixed fee to join and a relatively low marginal cost for each piece of research, would increase the amount of research commercially developed and would be beneficial to all parties.

Keywords: Business--university collaboration; Screening; Technology shops (search for similar items in EconPapers)
Date: 2007
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