Template-Type: ReDIF-Paper 1.0

Author-Name: Annamaria Conti
Author-X-Name-First: Annamaria
Author-X-Name-Last: Conti
Author-Email: annamaria.conti@epfl.ch
Author-Workplace-Name: Chaire en Economie et Management de l'Innovation, Collège du Management de la Technologie, Ecole Polytechnique Fédérale de Lausanne

Author-Name: Patrick Gaulé
Author-X-Name-First: Patrick
Author-X-Name-Last: Gaulé
Author-Email: patrick.gaule@epfl.ch
Author-Workplace-Name: Chaire en Economie et Management de l'Innovation, Collège du Management de la Technologie, Ecole Polytechnique Fédérale de Lausanne - Department of Economics, University of Geneva

Title: Are the US outperforming Europe in university technology licensing? A new perspective on the European paradox

Abstract: Europe is perceived to lag behind the US in converting its academic results into economic outcomes.
Using new survey data and controlling for standard factors affecting the productivity of Technology
Transfer Offices (TTOs), we find that European TTOs do not execute less licenses than US TTOs.
However, they earn significantly less revenue from licenses. We relate the difference in licensing income
to differences in the organization and staffing of TTOs. Specifically, US TTOs employ more staff with
experience in industry and appear to have greater flexibility in managing their budget.

Creation-Date: 2009-02

File-URL: https://cdm-repec.epfl.ch/cmi-wpaper/cemi-workingpaper-2009-003.pdf

File-Format: Application/pdf

Number: cemi-workingpaper-2009-003

Classification-JEL: L3, O31, O32, O38

Keywords: technology transfer office, technology licensing, European paradox

Handle: RePEc:cmi:wpaper:cemi-workingpaper-2009-003