TY - JOUR
T1 - The ivory tower approach to entrepreneurial linkage
T2 - Productivity changes in university technology transfer
AU - Kim, Younhee
N1 - Copyright:
Copyright 2021 Elsevier B.V., All rights reserved.
PY - 2013/4
Y1 - 2013/4
N2 - Academic entrepreneurship has been intensively applied to the area of technology innovation and diffusion in the US. Along with the promotion of innovative approaches, universities take advantage of knowledge spillovers from their laboratories to the market for both economic development and financial gains. This study assessed individual university productivity in technology transfer using feasible measures of multiple input-output combinations and data envelopment analysis to examine panel data gathered over the period 1999-2007. A major finding is that there was substantial growth in the average productivity of university technology transfer during this period. The average annual productivity gain in the 90 universities was over 30%, indicating that universities' technology transfer activities were relatively efficient in terms of their input to output ratio. The positive shifts in average productivity changes were primarily due to the increasing frequencies of commercial outputs. This finding suggests that universities and public policy should pay attention to stimulate commercial activities rather than to increase investments for upgrading a next level of realistic, long-term strategies.
AB - Academic entrepreneurship has been intensively applied to the area of technology innovation and diffusion in the US. Along with the promotion of innovative approaches, universities take advantage of knowledge spillovers from their laboratories to the market for both economic development and financial gains. This study assessed individual university productivity in technology transfer using feasible measures of multiple input-output combinations and data envelopment analysis to examine panel data gathered over the period 1999-2007. A major finding is that there was substantial growth in the average productivity of university technology transfer during this period. The average annual productivity gain in the 90 universities was over 30%, indicating that universities' technology transfer activities were relatively efficient in terms of their input to output ratio. The positive shifts in average productivity changes were primarily due to the increasing frequencies of commercial outputs. This finding suggests that universities and public policy should pay attention to stimulate commercial activities rather than to increase investments for upgrading a next level of realistic, long-term strategies.
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U2 - 10.1007/s10961-011-9217-8
DO - 10.1007/s10961-011-9217-8
M3 - Article
AN - SCOPUS:84875067943
SN - 0892-9912
VL - 38
SP - 180
EP - 197
JO - Journal of Technology Transfer
JF - Journal of Technology Transfer
IS - 2
ER -