Are the US outperforming Europe in university technology licensing? A new perspective on the European paradox

Annamaria Conti () and Patrick Gaulé
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Annamaria Conti: Chaire en Economie et Management de l'Innovation, Collège du Management de la Technologie, Ecole Polytechnique Fédérale de Lausanne

CEMI Working Papers from Ecole Polytechnique Fédérale de Lausanne, Collège du Management de la Technologie, Management of Technology and Entrepreneurship Institute, Chaire en Economie et Management de l'Innovation

Abstract: Europe is perceived to lag behind the US in converting its academic results into economic outcomes. Using new survey data and controlling for standard factors affecting the productivity of Technology Transfer Offices (TTOs), we find that European TTOs do not execute less licenses than US TTOs. However, they earn significantly less revenue from licenses. We relate the difference in licensing income to differences in the organization and staffing of TTOs. Specifically, US TTOs employ more staff with experience in industry and appear to have greater flexibility in managing their budget.

Keywords: technology transfer office; technology licensing; European paradox (search for similar items in EconPapers)
JEL-codes: L3 O31 O32 O38 (search for similar items in EconPapers)
Date: 2009-02
New Economics Papers: this item is included in nep-eec, nep-eff, nep-ipr and nep-pr~
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