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Technology transfer performance of public research institutes: the case of Romania

Maria Carmen Huian (Faculty of Economics and Business Administration, Alexandru Ioan Cuza University, Iasi, Romania)
Marco Bisogno (Department of Management and Innovation Systems, University of Salerno, Salerno, Italy)
Marilena Mironiuc (Faculty of Economics and Business Administration, Alexandru Ioan Cuza University, Iasi, Romania)

Journal of Public Budgeting, Accounting & Financial Management

ISSN: 1096-3367

Article publication date: 8 July 2022

Issue publication date: 24 January 2023

58

Abstract

Purpose

This study was aimed at testing whether the technology transfer performance of Romanian public research institutes—measured as the ability to generate patented technology—was positively related to institutional, human, commercial and financial factors.

Design/methodology/approach

A non-negative integer count data model was implemented to investigate a large sample of Romanian public research institutes in the period 2012–2019.

Findings

The results confirmed the positive influence of qualified human resources and commercial resources (technology transfer offices and spinoffs). Institutional factors were also relevant alongside the research field.

Research limitations/implications

The paper has limitations inherent to an investigation conducted in an emerging economy, with a low innovative culture and little interest in technology transfer. Although the analysis focused on a specific country, the findings obtained may be extended to other contexts.

Practical implications

To increase their technology transfer, managers of public research institutes and governmental authorities are suggested to implement structural changes and incentives regarding the skilled human capital, the entrepreneurial knowledge and efforts, and the provision of financial resources.

Social implications

Results showed that emerging innovator countries, such as Romania, should stimulate human capital to get involved in commercial activities, as interactions between public research institutes and the private sector generate economic, social, and environmental benefits.

Originality/value

This study concentrated on the performance evaluation of research and development activities carried out by public research institutes. Therefore, it contributes to a broad strand of literature which has essentially focused on universities, paying less attention to the contributions to scientific research of other organisations, such as public research institutes.

Keywords

Citation

Huian, M.C., Bisogno, M. and Mironiuc, M. (2023), "Technology transfer performance of public research institutes: the case of Romania", Journal of Public Budgeting, Accounting & Financial Management, Vol. 35 No. 1, pp. 41-64. https://doi.org/10.1108/JPBAFM-01-2022-0023

Publisher

:

Emerald Publishing Limited

Copyright © 2022, Emerald Publishing Limited

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