Performance Evaluations of Technology Transfer Offices of Major US Research Universities (original) (raw)
Related papers
2014
The activities and performance of thirty major universities technology transfer offices (TTOs) selected from major US universities are quantitatively assessed and compared. Six leading metrics, including TTOs’ revenue, as well as quantity of invention disclosures, patent applications, patents granted, licenses signed, and startup companies launched, are used to develop a single overall performance metric (OPM) for representing the performance of the TTOs. The OPM are then evaluated for each of the thirty universities and their OPM scores are compared to each other to establish the reliability and effectiveness of a comprehensive OPM. A patenting control ratio (PCR) is also calculated to guide a TTO in setting its patenting strategy and procedures. These two metrics should be able to provide a comprehensive overview of how good is the TTO of a university as compare to those of its peers and, even more importantly, how the program fares globally.
South African Journal of Science, 2010
The conversion of scientific discoveries to new products and processes and their launch onto the market can be a lengthy process. Similarly, it takes many years before the impact of scientific research on society and the economy is realised and a further length of time before its performance can be measured. Higher education and research institutions, and their governments, often make significant investments into intellectual property management and technology transfer activities through legislative and policy development, human resource development, financial allocation and infrastructure improvement. Since returns on such investments are not immediately apparent, it is important to establish a means by which the impact of their efforts can be determined. In this paper, I examined the measures and indicators that could be developed by institutions and their stakeholders in order to monitor, evaluate and determine the impact of research output and outcomes on the market.
The State of Practice of University Technology Transfer Activities
In this paper, we review findings and issues that emerge from our on-going, multi-part study of university patent and licensing activities. The study has involved national surveys of university technology transfer offices as well as detailed case histories at Duke University (Duke), Johns Hopkins University (JHU), and Pennsylvania State University (PSU). We offer it as a form of collective return to university officials for their cooperation and investments of time and efforts on our group's behalf.
Journal of Business Economics and Management, 2017
Innovative activities, knowledge exchange, patenting and commercialization of know-how are crucial to the value creation process in higher education institutions and other research organizations. The article analyses the technology transfer performance indicators of value creation. The methodology to identify and assess the technology transfer activities with the highest impact on created value are proposed in the paper. The following research methods were invoked: FARE method, allowed to calculate weights of each technology transfer performance indicator, when TOPSIS method redress all different indicators’ results and rank universities. The application of the proposed methodology was based on empirical data collected from Lithuanian universities. The results of the study reveal the importance of science business partnerships, TTO competence and scientists’ trust of TTO, applying particular technology transfer policy. The obtained results would be beneficial for universities techno...
The Effectiveness of University Technology Transfer
Foundations and Trends® in Entrepreneurship, 2006
In recent years, there have been numerous studies of the effectiveness of university technology transfer. Such technology transfer mechanisms include licensing agreements between the university and private firms, science parks, incubators, and university-based startups. We review and synthesize these papers and present some pointed recommendations on how to enhance effectiveness. Implementation of these recommendations will depend on the mechanisms that universities choose to stress, based on their technology transfer "strategy." For example, institutions that emphasize the entrepreneurial dimension of technology transfer must address skill deficiencies in technology transfer offices, reward systems that are inconsistent with enhanced entrepreneurial activity and the lack of training for faculty members, post-docs, and graduate students in starting new ventures or interacting with entrepreneurs. Universities will also have to confront a set of issues related to ethics and social responsibility, as they more aggressively pursue technology commercialization. Finally, we suggest some possible theoretical frameworks for additional research. JEL classification: M13 ; D24; L31; O31; O32 Framework Programmes and the U.S. Commerce Department's Advanced Technology Program
Applied System Innovation, 2022
The purpose of this research is to develop a model for measuring the efficiency of the TTO incubation process performance to accelerate the commercialization of research results in universities. The method of analyzing the efficiency used in this research is the Data Envelopment Analysis (DEA) method based on Banker, Charnes, and Cooper (BCC), which is output-oriented. The software used in analyzing the efficiency of TTO performance is MaxDEA 8. The output of this research is a mathematical model tool for measuring the efficiency of TTO performance by DEA, which considered 17 parameters and proposed recommendations for TTO performance strategies. The limitation of this research is the object of research in one university that has succeeded in the commercialization of research. This research implies that the performance efficiency measurement model is an alternative predictive way to increase the acceleration of commercialization. The practical implications of this research are that ...
Technology evaluation practices in universities' technology transfer offices
2012 IEEE International Conference on Industrial Engineering and Engineering Management, 2012
Technology evaluation and licensing by universities has increased in recent years, stimulated by specific policies that have encouraged quantitative as well as qualitative changes in technology transfer from universities. This paper makes a review of the concepts and practices that are behind technology evaluation and licensing by universities. The literature on this subject is fragmented and dispersed, and the main objective and contribution of this paper is to provide an integrated and comprehensive overview of the concepts and practices on the subject. A conceptual order is generated, allowing the reader to identify concepts and practices, and to easily situate them in terms of their position in the chain of events that constitute the process of technology evaluation and licensing by universities.
A study on the performance of technology transfer units
2015
Universities are increasingly institutionalizing activities related to technology transfer and one of the main institutional mechanisms that has emerged is the “technology transfer unit” (TTU). Many of them are focusing their activities on the management of the university intellectual property. Studies have investigated factors that seem to affect their performance, but few have looked in detail at internal procedures and techniques that are used in their processes related to technology evaluation and licensing. The aim of this paper is to provide a comprehensive overview of some of the several steps that comprises the processes regarding technology evaluation and licensing, providing an analysis of the critical issues that affect each step of the process. A review of the literature was made, complemented with interviews to seven university TTUs, which was used as a check and a complement to the literature review and as way of perceiving from an insider perspective, the problems and...
University Technology Transfer: An Introduction to the Special Issue
IEEE Transactions on Engineering Management, 2000
In recent decades, there has been a substantial increase in university patenting, licensing, and research joint ventures with private companies. Technology incubators, science parks, and NSF-sponsored engineering research centers and industry-university cooperative research centers have also become ubiquitous at research universities. This special issue addresses the managerial and policy implications of these trends.
Performance of university technology transfer offices: evidence from Europe and Japan
2021
Purpose – This study aims to improve the understanding of the factors that influence the performance of universities’ technology transfer offices (TTOs), units charged with the responsibility for aiding the commercialization of research innovations. Design/methodology/approach – To empirically test the link between factors affecting TTO performance and whether these effects are contingent on a country-specific environment, survey data were collected from 187 TTO stakeholders (TTO heads, TTO employees and university researchers) in 18 countries of Europe and Japan, and structural equation modeling (SEM) was used. Findings – The results show that the internal embeddedness of a TTO within a university is the most important factor in determining a TTO’s performance. A TTO’s performance is positively affected by its marketing capabilities and social embeddedness. Strict patent portfolio management has no significant impact on TTO performance in Japan and has a negative effect on European...