TECHNOLOGY SHOPS: EFFICIENT PRICING IN BUSINESS-UNIVERSITY COLLABORATIONS |
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Authors: | Gavin Cameron Christopher Wallace |
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Affiliation: | 1. Department of Economics, Manor Road , Oxford University , Oxford, OX1 3UQ, UK gavin.cameron@economics.ox.ac.uk |
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Abstract: | Recently, business–university collaborations have become the subject of much interest. It is important to distinguish between ‘blue-sky’ research and more directly commercially applicable research. This paper provides a framework in which to think about the latter. A simple screening model is proposed to study the ways in which a university might sell its research to the private sector. It demonstrates that ‘technology shops’, where firms pay a fixed fee to join and a relatively low marginal cost for each piece of research, would increase the amount of research commercially developed and would be beneficial to all parties. |
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Keywords: | Business–university collaboration Screening Technology shops |
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