Commercialization of science: A longitudinal study of knowledge distance, firm capabilities, and the structure of licensing contracts

Though the popularity of research on technology transfer offices (TTOs) has vastly increased, there is little empirical evidence of how the potential value for a technology is estimated and negotiated in a license. Limited qualitative work and empirical work (e.g., Owen-Smith, 2005) tap into the und...

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Bibliographic Details
Main Authors: KOTHA, Reddi, GEORGE, Gerard
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5347
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6346/viewcontent/KNOWLEDGE_DISTANCE_FIRM_CAPABILITIES___LICENSING_CONTRACTS.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:Though the popularity of research on technology transfer offices (TTOs) has vastly increased, there is little empirical evidence of how the potential value for a technology is estimated and negotiated in a license. Limited qualitative work and empirical work (e.g., Owen-Smith, 2005) tap into the underlying decisions before a technology can be licensed. Consequently, we know very little on how a particular technology is valued and its impact on contract design. In this study, we analyze the content, design, and performance of 847 licensing contracts between university technology transfer offices and firms.