Royalty Sharing and Technology Licensing in Universities

Saul Lach and Mark Schankerman
Additional contact information
Mark Schankerman: London School of Economics and CEPR,

Journal of the European Economic Association, 2004, vol. 2, issue 2-3, 252-264

Abstract: Using data for 102 U.S. universities, we show that royalty-sharing arrangements (cash flow rights) vary substantially across universities and that they are largely unrelated to most observed university characteristics including faculty size, quality, research funding, technology mix of the faculty, and size of the technology licensing office. However, higher inventors' royalty shares are associated with higher licensing income at the university, controlling for other factors. The results suggest that monetary incentives from inventions have real effects in the university sector. (JEL: O31, O34, L3, L01) Copyright (c) 2004 The European Economic Association.

Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (65)

Downloads: (external link)
http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1542-4774/issues link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:jeurec:v:2:y:2004:i:2-3:p:252-264

Access Statistics for this article

Journal of the European Economic Association is currently edited by Xavier Vives, George-Marios Angeletos, Orazio P. Attanasio, Fabio Canova and Roberto Perotti

More articles in Journal of the European Economic Association from MIT Press
Bibliographic data for series maintained by The MIT Press ().