This chapter reviews the growing literature on the “market for technology,” a broad term that
denotes trade in technology disembodied from physical goods. The market for technology …

We study two different governance modes of university–industry interactions: in the
institutional mode, interactions are mediated by the university through its administrative …

There are two main ways in which the knowledge created in universities has been
transferred to firms: licensing agreements and the creation of spin-offs. In this paper, we …

The emergence of radical technologies presents a significant challenge to incumbent firms.
We study firms' management of radical technological change by separating their actions into …

This paper examines whether university ownership of inventions made by its personnel best
serves the widely held social goals of encouraging technology commercialization and …

Research and public policy on academic entrepreneurship are largely based on the
assumption that faculty members start businesses to commercialize inventions that have …

We examine why commercialization of interdisciplinary research, especially from distant
scientific domains, is different from commercialization of inventions from specialized or …

Although academics are under increasing pressure to engage industry in their research,
they often find it difficult to do so. Conflicts with industry over the timing of disclosure and the …

When commercializing technology, the lack of proven results and a reluctance to invest
upfront in resources hamper efforts by firms to work jointly with inventors to bring new …

We examine commonly observed forms of payment, such as milestones, royalties, or
consulting contracts as ways of engaging inventors in the development of licensed …