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Royalty sharing and technology licensing in universities

Saul, Lach and Schankerman, Mark (2004) Royalty sharing and technology licensing in universities. Journal of the European Economic Association, 2 (2/3). pp. 252-264. ISSN 1542-4774

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Abstract

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.

Item Type: Article
Official URL: http://www.eeassoc.org
Additional Information: © 2004 The European Economic Association
Library of Congress subject classification: T Technology > T Technology (General)
H Social Sciences > HB Economic Theory
L Education > L Education (General)
Journal of Economic Literature Classification System: O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O34 - Intellectual Property Rights: National and International Issues
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O31 - Innovation and Invention: Processes and Incentives
L - Industrial Organization > L3 - Nonprofit Organizations and Public Enterprise
L - Industrial Organization > L0 - General
Sets: Collections > Economists Online
Departments > Economics
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 23 May 2008 09:09
URL: http://eprints.lse.ac.uk/5015/

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