Royalty sharing, effort and invention in universities : evidence from Portugal and Spain
Autor(a) principal: | |
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Data de Publicação: | 2016 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/26930 |
Resumo: | Portuguese and Spanish universities have adopted well-defined royalty sharing arrangements over the last fifteen years. We investigate whether such royalty sharing arrangements have been effective in stimulating inventors’ efforts and in ultimately improving university outcomes. We base our empirical analysis on university-level data and two new self-collected surveys for both inventors and Technology Transfer Offices (TTOs). Evidence from the inventors’ survey indicates that one third of respondents are incentivised by current royalty sharing arrangements, one third could be incentivised by higher royalty shares, and the remaining third is totally insensitive to royalty sharing. Plain regressions on university level datasets suggest that the incentive effects documented by the inventors’ survey fail to translate into increased patenting or licensing income. It would seem that inventor royalty shares are not as influential as they could be, due to the poor commercial prospects of university inventions. Among other possible reasons, these poor prospects appear to reflect the fact that inventors are unable to produce potentially licensable inventions, or that eventually TTOs may not be focussing enough on commercialising their inventions. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Royalty sharing, effort and invention in universities : evidence from Portugal and SpainPatentsIPRUniversityKnowledge TransferencePortuguese and Spanish universities have adopted well-defined royalty sharing arrangements over the last fifteen years. We investigate whether such royalty sharing arrangements have been effective in stimulating inventors’ efforts and in ultimately improving university outcomes. We base our empirical analysis on university-level data and two new self-collected surveys for both inventors and Technology Transfer Offices (TTOs). Evidence from the inventors’ survey indicates that one third of respondents are incentivised by current royalty sharing arrangements, one third could be incentivised by higher royalty shares, and the remaining third is totally insensitive to royalty sharing. Plain regressions on university level datasets suggest that the incentive effects documented by the inventors’ survey fail to translate into increased patenting or licensing income. It would seem that inventor royalty shares are not as influential as they could be, due to the poor commercial prospects of university inventions. Among other possible reasons, these poor prospects appear to reflect the fact that inventors are unable to produce potentially licensable inventions, or that eventually TTOs may not be focussing enough on commercialising their inventions.ElsevierRepositório da Universidade de LisboaArqué-Castells, PereCartaxo, Rui M.García-Quevedoc, JoseGodinho, Manuel Mira2023-01-18T11:58:26Z20162016-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/26930engPere, Arqué-Castells … [et al.] . (2016). “Royalty sharing, effort and invention in universities: evidence from Portugal and Spain”. Research Policy, Vol. 45 , No. 9 : pp. 1858–18720048-733310.1016/j.respol.2016.06.006info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:56:21Zoai:www.repository.utl.pt:10400.5/26930Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:10:28.946899Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain |
title |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain |
spellingShingle |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain Arqué-Castells, Pere Patents IPR University Knowledge Transference |
title_short |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain |
title_full |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain |
title_fullStr |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain |
title_full_unstemmed |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain |
title_sort |
Royalty sharing, effort and invention in universities : evidence from Portugal and Spain |
author |
Arqué-Castells, Pere |
author_facet |
Arqué-Castells, Pere Cartaxo, Rui M. García-Quevedoc, Jose Godinho, Manuel Mira |
author_role |
author |
author2 |
Cartaxo, Rui M. García-Quevedoc, Jose Godinho, Manuel Mira |
author2_role |
author author author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Arqué-Castells, Pere Cartaxo, Rui M. García-Quevedoc, Jose Godinho, Manuel Mira |
dc.subject.por.fl_str_mv |
Patents IPR University Knowledge Transference |
topic |
Patents IPR University Knowledge Transference |
description |
Portuguese and Spanish universities have adopted well-defined royalty sharing arrangements over the last fifteen years. We investigate whether such royalty sharing arrangements have been effective in stimulating inventors’ efforts and in ultimately improving university outcomes. We base our empirical analysis on university-level data and two new self-collected surveys for both inventors and Technology Transfer Offices (TTOs). Evidence from the inventors’ survey indicates that one third of respondents are incentivised by current royalty sharing arrangements, one third could be incentivised by higher royalty shares, and the remaining third is totally insensitive to royalty sharing. Plain regressions on university level datasets suggest that the incentive effects documented by the inventors’ survey fail to translate into increased patenting or licensing income. It would seem that inventor royalty shares are not as influential as they could be, due to the poor commercial prospects of university inventions. Among other possible reasons, these poor prospects appear to reflect the fact that inventors are unable to produce potentially licensable inventions, or that eventually TTOs may not be focussing enough on commercialising their inventions. |
publishDate |
2016 |
dc.date.none.fl_str_mv |
2016 2016-01-01T00:00:00Z 2023-01-18T11:58:26Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/26930 |
url |
http://hdl.handle.net/10400.5/26930 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Pere, Arqué-Castells … [et al.] . (2016). “Royalty sharing, effort and invention in universities: evidence from Portugal and Spain”. Research Policy, Vol. 45 , No. 9 : pp. 1858–1872 0048-7333 10.1016/j.respol.2016.06.006 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Elsevier |
publisher.none.fl_str_mv |
Elsevier |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131202243788800 |