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

Anthony Vere Arundel and Catalina Bordoy ()
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Catalina Bordoy: UNU-MERIT

No 75, UNU-MERIT Working Paper Series from United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology

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.

Keywords: Public R&D; Commericalization; Research Indicators; Open Science; Europe (search for similar items in EconPapers)
JEL-codes: O31 O32 O38 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-edu, nep-ino and nep-ipr
Date: 2008
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Persistent link: http://EconPapers.repec.org/RePEc:dgr:unumer:2008075

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