Analysis of Factors Influencing Technology Transfer: A Structural Equation Modeling Based Approach

Sandeep Singhai, Ritika Singh, Harish Kumar Sardana and Anuradha Madhukar
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Sandeep Singhai: Academy of Scientific and Innovative Research (AcSIR), Ghaziabad 201002, India
Ritika Singh: CSIR-CSIO, Sector 30 C, Chandigarh 160030, India
Harish Kumar Sardana: Academy of Scientific and Innovative Research (AcSIR), Ghaziabad 201002, India
Anuradha Madhukar: Academy of Scientific and Innovative Research (AcSIR), Ghaziabad 201002, India

Sustainability, 2021, vol. 13, issue 10, 1-15

Abstract: Technology transfer is one of the facets of academic entrepreneurship and acts as a vital element of the innovation system. It forms a sustainable link between research and business communities. A holistic model for successfully transferring technology in developing countries is an unmet need in the context of technology transfer from public-funded academic research institutions to small and medium enterprises. In this work, we developed a conceptual model and undertook an empirical study for the determinants of successful transfer. A questionnaire was prepared and administered to key stakeholders involved in technology transfer. Overall, 321 respondents participated in the survey with congener demography. The conceptualized input factors, viz. micro-level, meso-level, and macro-level factors, are significantly interrelated. The contribution of input factors towards the successful transfer of technology was extensively analyzed and tested using covariance-based structural equation modeling. The results show that the model is a good fit. The study revealed that communication, innovativeness, knowledge, quality of the product, and motivation were the five most important factors for successfully transferring technology.

Keywords: technology transfer; macro-level factors; meso-level factors; micro-level factors; structural equation modeling; public-funded academic research institutions (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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