Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing

We study the role of the relationship among inventors and intermediaries in the licensing of university inventions. We suggest that a prior inventor-intermediaries relationship positively influences licensing rates through selective retention of higher quality relationships and mutual learning in th...

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Main Authors: KIM, Young-Choon, RHEE, Mooweon, Reddi KOTHA
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5934
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6932/viewcontent/Kim_Rhee_Kotha_Research_Policy_2018.pdf
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Institution: Singapore Management University
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spelling sg-smu-ink.lkcsb_research-69322019-08-19T08:21:42Z Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing KIM, Young-Choon RHEE, Mooweon Reddi KOTHA, We study the role of the relationship among inventors and intermediaries in the licensing of university inventions. We suggest that a prior inventor-intermediaries relationship positively influences licensing rates through selective retention of higher quality relationships and mutual learning in the relationship, enabling intermediaries to reduce both information asymmetry and search costs between inventors and potential licensees. We argue that the influence of a prior inventor-intermediaries relationship on licensing is especially important before intellectual property protection is attained and can be substituted by the buyer-side contacts of inventors and intermediaries. We test these predictions using 919 inventions from the technology transfer office at Stanford University. This study has implications for the policies and design of university technology licensing organizations. 2019-04-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/5934 info:doi/10.1016/j.respol.2018.11.007 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6932/viewcontent/Kim_Rhee_Kotha_Research_Policy_2018.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Prior Relationship Intermediaries Licensing Academic Science Intellectual Property Strategic Management Policy Technology and Innovation
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Prior Relationship
Intermediaries
Licensing
Academic Science
Intellectual Property
Strategic Management Policy
Technology and Innovation
spellingShingle Prior Relationship
Intermediaries
Licensing
Academic Science
Intellectual Property
Strategic Management Policy
Technology and Innovation
KIM, Young-Choon
RHEE, Mooweon
Reddi KOTHA,
Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing
description We study the role of the relationship among inventors and intermediaries in the licensing of university inventions. We suggest that a prior inventor-intermediaries relationship positively influences licensing rates through selective retention of higher quality relationships and mutual learning in the relationship, enabling intermediaries to reduce both information asymmetry and search costs between inventors and potential licensees. We argue that the influence of a prior inventor-intermediaries relationship on licensing is especially important before intellectual property protection is attained and can be substituted by the buyer-side contacts of inventors and intermediaries. We test these predictions using 919 inventions from the technology transfer office at Stanford University. This study has implications for the policies and design of university technology licensing organizations.
format text
author KIM, Young-Choon
RHEE, Mooweon
Reddi KOTHA,
author_facet KIM, Young-Choon
RHEE, Mooweon
Reddi KOTHA,
author_sort KIM, Young-Choon
title Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing
title_short Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing
title_full Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing
title_fullStr Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing
title_full_unstemmed Many hands: The effect of the prior inventor-intermediaries relationship on academic licensing
title_sort many hands: the effect of the prior inventor-intermediaries relationship on academic licensing
publisher Institutional Knowledge at Singapore Management University
publishDate 2019
url https://ink.library.smu.edu.sg/lkcsb_research/5934
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6932/viewcontent/Kim_Rhee_Kotha_Research_Policy_2018.pdf
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