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Scheller College of Business
Scheller College of Business
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ItemShirking, Shelving and Sharing Risk: The Role of University License Contracts(Georgia Institute of Technology, 2004) Thursby, Marie C. ; Thursby, Jerry G. ; Dechenaux, Emmanuel
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ItemThe Disclosure and Licensing of University Inventions(Georgia Institute of Technology, 2003-05-12) Jensen, Richard A. ; Thursby, Jerry G. ; Thursby, Marie C.We examine the interplay of the three major university actors in technology transfer from universities to industry: the faculty, the technology transfer office (TTO), and the central administration. We model the faculty as an agent of the administration, and the TTO as an agent of both the faculty and the administration. Empirical tests of the theory are based on evidence from our survey of 62 US research universities. We find that the TTOs reported licensing objectives are influenced by their views of faculty and administration, which supports the assumption that the TTO is a dual agent. The theory yields predictions for whether or not faculty disclose inventions and if so, at what stage, which in turn affects license contract terms. We also examine how the portion of inventions disclosed at different stages varies with faculty quality. Quality is found to be inversely related to the share of license income allotted to faculty.
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ItemPatterns of Research and Licensing Activity of Science and Engineering Faculty(Georgia Institute of Technology, 2003-04) Thursby, Jerry G. ; Thursby, Marie C.