Technology Clubs: Efficient Pricing in Business-University Collaborations
Gavin Cameron and
Chris Wallace
No 157, Economics Series Working Papers from University of Oxford, Department of Economics
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 clubs`, 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 clubs (search for similar items in EconPapers)
JEL-codes: L3 O3 (search for similar items in EconPapers)
Date: 2003-05-01
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:157
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