Fred Pries | University of Guelph (original) (raw)

Papers by Fred Pries

Markets for technology are important for the commercialization of university research. We examine... more Markets for technology are important for the commercialization of university research. We examine how the concepts of markets for technology and of markets and hierarchies generally apply to the commercialization of new technologies arising from university research and propose a next step that strengthens the link between research in these fields.

PICMET '07 - 2007 Portland International Conference on Management of Engineering & Technology, 2007

Are academic faculty equally likely to commercialize new technologies arising from their research... more Are academic faculty equally likely to commercialize new technologies arising from their research or are there a class of &#39;repeat commercializers&#39; who account for a disproportionate share of commercialized technologies arising from university research? In a survey of 172 engineering, mathematics, and science faculty members from a major Canadian university, we found evidence that a class of repeat commercializers does

The methods available to commercialize new technologies arising from university research have tra... more The methods available to commercialize new technologies arising from university research have traditionally been thought of as licensing and start-ups. Drawing on economic theories of the firm and on accounting and legal concepts, we propose an alternative view of the options for commercialization that focuses on the substance of the available methods rather than their legal form. Specifically, we suggest

This study investigates variability in the importance of investment decision criteria used by ven... more This study investigates variability in the importance of investment decision criteria used by venture capitalists in assessing new technology-basedventures and relates the criteria to the subsequent performance,of the investment in the new venture. Variability was measured,using interval and ordinal scale approaches for both criteria

Technovation, 2009

Among academic faculty, is there a class of ‘repeat commercializers’ who account for a disproport... more Among academic faculty, is there a class of ‘repeat commercializers’ who account for a disproportionate share of commercialized technologies arising from university research? In a survey of 172 engineering, mathematics, and science faculty members from a major Canadian university, we found evidence that a class of repeat commercializers does exist. Further, we found that the 12% of the faculty who

Technology and Innovation Management Gestion de la Technologie et de l’innovation

In this study of 54 public start-ups firms created to commercialize the results of university res... more In this study of 54 public start-ups firms created to commercialize the results of university research, we find evidence that operating through markets for technology is a common approach to commercialization and that there are substantive differences in the business activities of these start-ups depending on whether they operate through product markets or markets for technology.

Accounting Perspectives, 2010

Résumé L'enseignement de la comptabilité générale élémentaire et intermédiaire dans le c... more Résumé L'enseignement de la comptabilité générale élémentaire et intermédiaire dans le contexte des IFRS et des PCGR pour les entreprises à capital fermé est problématique pour les professeurs des universités et des collèges canadiens. Les auteurs exposent ...

Universities are an increasingly important source of technological innovations of commercial impo... more Universities are an increasingly important source of technological innovations of commercial importance. Numerous methods of commercializing these innovations are available including licensing, spin-outs and consulting arrangements. Research on the commercialization of university research has involved various categorizations of these methods. However, these categories are typically limited to a particular method of commercialization and are often inconsistent. Drawing on ideas from transaction cost economics, a comprehensive categorization scheme is proposed. Three primary methods of commercialization are identified: (1) creating a new business based on the innovation, (2) ongoing development and marketing of the innovation to firms that will use the innovation in their business and (3) disposition of the innovation to an established firm. Two hybrid categories are also identified. These categories focus on the substance of commercialization process rather than its form. For example, licensing arrangements are possible in any of the five categories. Specific criteria are identified that can be used to categorize the commercialization of a particular innovation. These criteria relate to whether the innovation was commercialized by a new firm or an existing firm, equity participation by the researcher, ongoing operational involvement by the researcher and ownership of the right to further develop the innovation. The existence of a comprehensive categorization scheme has implications for measuring the amount and impact of the commercialization of university research and for helping universities to identify ways to support these activities.

R&D Management, Jan 1, 2007

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