{"title":"University engagement in open innovation and intellectual property: evidence from university–industry collaborations","authors":"Marco Corsino, Salvatore Torrisi","doi":"10.1007/s40812-023-00280-2","DOIUrl":null,"url":null,"abstract":"University–industry collaborations are an important pathway through which academic scientists engage with industry and society, co-create new knowledge, and raise funds to carry out costly research endeavors. Nonetheless, the management of such collaborations is challenging and requires universities to protect their investments in intellectual property and to capture value from them. This paper examines how scientists’ motivations to undertake inventive activities shape the relationship between research partnerships, the ownership of academic patents resulting from such partnerships, and the licensing of university-owned patents. We examine the interactions between these factors using data on 501 research projects conducted by scientists affiliated with universities located in various countries. Our analysis indicates that the inventors’ motivations bear a direct effect on the ownership and commercialization of academic patents. Moreover, these motivations positively moderate the relationship between research partnerships and the management of academic patents. These findings have interesting implications for university administrators striving to enhance the effectiveness of the technology transfer process.","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":1.5000,"publicationDate":"2023-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Industrial and Business Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1007/s40812-023-00280-2","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
University–industry collaborations are an important pathway through which academic scientists engage with industry and society, co-create new knowledge, and raise funds to carry out costly research endeavors. Nonetheless, the management of such collaborations is challenging and requires universities to protect their investments in intellectual property and to capture value from them. This paper examines how scientists’ motivations to undertake inventive activities shape the relationship between research partnerships, the ownership of academic patents resulting from such partnerships, and the licensing of university-owned patents. We examine the interactions between these factors using data on 501 research projects conducted by scientists affiliated with universities located in various countries. Our analysis indicates that the inventors’ motivations bear a direct effect on the ownership and commercialization of academic patents. Moreover, these motivations positively moderate the relationship between research partnerships and the management of academic patents. These findings have interesting implications for university administrators striving to enhance the effectiveness of the technology transfer process.
期刊介绍:
This peer-reviewed journal, established in 1973, uses the lenses of industrial and business economics to investigate issues relevant to scholars, managers and policy makers.
The key areas of interest of JIBE are: industrial organization and policy; international business and international economics; innovation and entrepreneurship; corporate governance and finance.
Within these key areas, JIBE pays special attention to topics relating to grand challenges in a transforming world. A non exhaustive list of current issues includes: emergent technologies and industry dynamics; the digitalization of industries and financial markets; evolving multinationals and global value chains; environmental change and green transition; sustainable development of emerging economies; competition, regulation and structural policies in the platform economy.
JIBE welcomes papers that combine advancements in the theoretical understanding of phenomena with rigorous, systematic and original evidence-based empirical analysis, using quantitative or qualitative approaches as well as experimental and mixed methods. The journal is open to industry-, firm- and individual-level analyses, while the geographic scope may vary from subnational regions to nations and supra-national contexts, with a particular consideration of the EU and other integration processes.
The journal also publishes special issues and symposia aimed at opening debate among scholars on specific topics and discovery-type papers on emerging issues in industrial and business economics.
The journal is owned by the Associazione Amici di Economia e Politica Industriale.