Benchmarking U.S. University Technology Commercialization Efforts: A New Approach

2018 ◽  
Author(s):  
David H. Hsu ◽  
Po-Hsuan Hsu ◽  
Tong Zhou ◽  
Arvids Alexander Ziedonis
Keyword(s):  
Technology Commercialization ◽  
New Approach ◽  
University Technology ◽  
University Technology Commercialization

scholarly journals Sustainable Idea Development Mechanism in University Technology Commercialization (UTC): Perspectives from Dynamic Capabilities Framework

2019 ◽  
Vol 11 (21) ◽  
pp. 6156
Author(s):  
Insu Cho ◽  
Young Hoon Kwak ◽  
Jaehyeon Jun
Keyword(s):  
Structural Equation ◽  
Dynamic Capabilities ◽  
Equation Modeling ◽  
Technology Commercialization ◽  
Cross Sectional ◽  
University Policy ◽  
European Universities ◽  
University Technology ◽  
University Technology Commercialization ◽  
Development Mechanism

Universities pays a lot of attention and investment in the technology commercialization for its sustainable development and social contribution under Korean government-driven policies. However, when compared to US or European universities, the outcomes of the technology commercialization in universities are relatively inactive. Therefore, this study aims to propose a new idea-oriented framework of University-Technology Commercialization (UTC). To achieve this, this study explores the sustainable mechanism from idea to technology commercialization in the volatile environment by employing dynamic capabilities framework. This study employed structural equation modeling (SEM) to identify causal relationships among the variables with a 2014 to 2016 dataset from ‘Higher Education in KOREA’. This study collected national and cross-sectional data from different time periods to design our longitudinal study. Our study examines UTC activities related to sustainable idea development mechanism from dynamic capability framework. The results show the importance of start-up clubs as a first step for idea exploration in university technology commercialization and patents as important for both technology transfers and start-ups. Our findings offer new UTC directions for university policy makers.

THE ROLE OF COLLABORATION, MARKET AND INTELLECTUAL PROPERTY RIGHTS AWARENESS IN UNIVERSITY TECHNOLOGY COMMERCIALIZATION

2009 ◽  
Vol 06 (04) ◽  
pp. 363-378 ◽  
Author(s):  
V. G. R. CHANDRAN GOVINDARAJU ◽  
FARHA ABDOL GHAPAR ◽  
VEERA PANDIYAN
Keyword(s):  
Intellectual Property ◽  
Property Rights ◽  
Intellectual Property Rights ◽  
Individual Characteristics ◽  
Technology Commercialization ◽  
Market Requirements ◽  
University Technology ◽  
University Technology Commercialization ◽  
University Industry

University technology commercialization has become an important topic of discussion in an era where the results of university research may create opportunities for new processes and products. Despite the government's allocation of research grants to universities in developing countries such as Malaysia, the level of technology commercialization is still low. While numerous factors contribute to the poor commercialization rate, the internal dynamics are one of the major driving factors. It is in this context that we analyze the influence of awareness of market requirements and intellectual property issues and collaboration on technology commercialization. Taking the researchers as the unit of analysis, while controlling for experience and other individual characteristics, we found that researchers' awareness of market requirements, intellectual property rights and university-industry collaborations play an important role in determining the success of university technology commercialization.

Incubator policy to support entrepreneurial development, technology transfer and commercialization

2014 ◽  
Vol 10 (4) ◽  
pp. 334-351 ◽  
Author(s):  
Jarunee Wonglimpiyarat
Keyword(s):  
Technology Transfer ◽  
Triple Helix ◽  
Science And Technology ◽  
Technology Commercialization ◽  
Business Incubators ◽  
Content Type ◽  
Triple Helix Model ◽  
Entrepreneurial Development ◽  
University Technology ◽  
University Technology Commercialization

Purpose – The purpose of this paper is to study the incubator policy to support entrepreneurial development. In particular, the study reviews the incubation programs and strategies of technology transfer and commercialization as well as the innovation policies to support innovation commercialization in Thailand, based on the Triple Helix model. Design/methodology/approach – This study employs the use of case study methodology to understand in-depth the operations of major university business incubators (UBIs) and technology business incubators in enhancing the process of technology commercialization. The study examines case studies of leading UBIs (Mahidol University, Chulalongkorn University and King Mongkut's University of Technology Thonburi) and science and technology incubators of the National Science and Technology Agency (NSTDA) and the National Innovation Agency (NIA). The operations and incubating policies are analyzed through the lens of Triple Helix model. The interviews were carried out using the semi-structured questionnaire to understand the views of trilateral parties (the government, university and industry) related to the concept of Triple Helix model. The interviews were carried out with major stakeholders including policy makers, policy analysts, government officials, managers running incubators, incubates, university professors, research managers. Interview data were supported by an examination of secondary data so as to provide a cross check on internal validity. Findings – The results have shown that the incubation program is one of the major policy mechanisms to support innovation and suggested that UBIs should act as an intermediary between the spheres of university and industry to provide interactive linkages and promote effective utilization of university research. The empirical study provides insightful implications on the move toward the entrepreneurial university and the dynamics of the Triple Helix system in stimulating innovation development and diffusion. Originality/value – By focussing on the major UBIs and technology business incubators in one of the Asian Tigers – Thailand, the study offers the model of university technology commercialization which could be applied to other developing economies. The study provides useful lessons and insights on the process of technology transfer and commercialization through the university incubation mechanism (university technology commercialization).

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