University technology transfer office business models: One size does not fit all |
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Institution: | 1. Office of Research and Development, National Chiao Tung University, 1001 University Road, Hsinchu, Taiwan, ROC;2. Department of Biobusiness Management, National Chiayi University, 580 Shinmin Road, Chiayi, Taiwan, ROC;3. Institute of Industrial Economics, Jinan University, Guangzhou, China;4. Graduate Institute of Technology Management, National Chiao Tung University, 1001 University Road, Hsinchu, Taiwan, ROC;1. Korea Institute for Advancement of Technology, Seoul, Republic of Korea;2. Institute for International Science Technology Policy & Department of Economics, The George Washington University, USA;3. São Paulo Excellence Chair, University of Campinas, Brazil;4. National Research University Higher School of Economics, Russian Federation;5. Graduate School of Management of Technology, Korea University, Seoul, Republic of Korea |
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Abstract: | Technology transfer processes enable universities to increase their positive impact on society by pursuing their entrepreneurial mission in several ways. By analyzing quantitative and qualitative data collected in a longitudinal dataset of 60 U.S. universities during the period 2002–2012, this article identifies four types of technology transfer business models that may generate economic and non-economic linkages that need to be evaluated. Findings reveal that business models that leverage high-quality research (i.e., catalyst) and startup creation (i.e., orchestrator of local buzz) are associated with higher economic performance. This study contributes to the emergent literature on university business models and provides suggestions to policymakers to incorporate a business model typology in university evaluation programs. |
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Keywords: | Technology transfer Business models Entrepreneurial university |
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