ROYALTY SHARING AND TECHNOLOGY LICENSING IN UNIVERSITIES
成果类型:
Article
署名作者:
Lach, Saul; Schankerman, Mark
署名单位:
Hebrew University of Jerusalem; National Bureau of Economic Research; University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK
刊物名称:
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN:
1542-4766
DOI:
10.1162/154247604323067961
发表日期:
2004
页码:
252-264
关键词:
摘要:
Using data for 102 U.S. universities, we show that royalty-sharing arrangements (cash flow rights) vary substantially across universities and that they are largely unrelated to most observed university characteristics including faculty size, quality, research funding, technology mix of the faculty, and size of the technology licensing office. However, higher inventors' royalty shares are associated with higher licensing income at the university, controlling for other factors. The results suggest that monetary incentives from inventions have real effects in the university sector. (JEL: O31, O34, L3, L01)
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