TY - JOUR
T1 - Royalty sharing and technology licensing in universities
AU - Lach, Saul
AU - Schankerman, Mark
PY - 2004/4/1
Y1 - 2004/4/1
N2 - 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 inventorś 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.
AB - 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 inventorś 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.
UR - http://www.scopus.com/inward/record.url?scp=33645951233&partnerID=8YFLogxK
U2 - 10.1162/154247604323067961
DO - 10.1162/154247604323067961
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AN - SCOPUS:33645951233
SN - 1542-4766
VL - 2
SP - 252
EP - 264
JO - Journal of the European Economic Association
JF - Journal of the European Economic Association
IS - 2-3
ER -