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Chapter 13 A Conceptual Framework for Studying a Technology Transfer from Academia to New Firms

New Technology-Based Firms in the New Millennium

ISBN: 978-1-84855-782-6, eISBN: 978-1-84855-783-3

Publication date: 16 November 2009

Abstract

Global technological competition has made technology transfer from academia to firms an important public policy issue (Rahm, 1994). Academia and individual academic institutions are a primary source of new knowledge production and innovation (Brennan & McGowan, 2007). It is widely acknowledged that the commercialization of scientific and technological knowledge produced in public funded research institutions, including universities and research centres, into the marketplace have a fundamental role to play in wealth creation, supporting economic growth and technological innovation, and plays a significant role in new venture creation, growth of existing firms, and new job creation (Mansfield, 1991; Harmon et al., 1997; Ndonzuau, Pirnay, & Surlemont, 2002; Siegel, Waldman, Atwater, & Link, 2003b; Steffensen, Rogers, & Speakman, 1999; Walter, Auer, & Ritter, 2006; Perez & Sanchez, 2003). Research by Acs, Audretsch, and Feldman (1992), Jaffe (1989), Mansfield (1991, 1998), and others indicates that technological change in important segments of the economy has been significantly based on knowledge that spin-off from academic research.

Citation

Prodan, I., Drnovsek, M. and Ulijn, J. (2009), "Chapter 13 A Conceptual Framework for Studying a Technology Transfer from Academia to New Firms", Oakey, R., Groen, A., Cook, G. and van Der Sijde, P. (Ed.) New Technology-Based Firms in the New Millennium (New Technology Based Firms in the New Millennium, Vol. 7), Emerald Group Publishing Limited, Leeds, pp. 185-203. https://doi.org/10.1108/S1876-0228(2009)0000007015

Publisher

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Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited