Harnessing Success : Determinants of University Technology Licensing Performance

  title={Harnessing Success : Determinants of University Technology Licensing Performance},
  author={Sharon Belenzon and Mark Schankerman},
We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for 1995-99. We find that private universities are much more likely to adopt incentive pay than public ones, but ownership does not affect licensing performance conditional on the use of incentive pay. Adopting… CONTINUE READING

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