What is it about?
This study investigates the factors that influence the decision to license patents from universities, with a focus on Spanish researchers who have already registered patents. The research aims to identify both positive and negative factors affecting this decision and to provide recommendations for increasing the number of university patents licensed. The findings suggest that individual factors of the researcher, such as their level of participation in the patenting process and collaboration with external experts or companies, play a more significant role than institutional factors. The study concludes with a recommendation to strengthen the structure and functionality of technology transfer offices to better support the commercialization of university innovations.
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Why is it important?
This research is important for several reasons. First, it provides insights into the factors that influence the licensing of university patents, which is crucial for effective knowledge transfer and commercialization of academic research. By understanding these factors, universities can develop strategies to increase the number of patents licensed, thereby enhancing their impact on innovation and economic growth. Second, the study highlights the significant role of individual researchers in the patenting process. Recognizing the importance of researchers' participation and collaboration with external experts or companies can help universities create supportive environments that encourage and facilitate patent licensing. Third, the research emphasizes the need to strengthen technology transfer offices (TTOs). By improving the structure and functionality of TTOs, universities can better support the commercialization of their innovations, making it easier for researchers to navigate the patenting and licensing process. Overall, this research can guide policymakers, university administrators, and researchers in developing effective strategies to promote the commercialization of university patents, ultimately contributing to greater innovation and economic development.
Perspectives
From my perspective, this study offers valuable insights into the dynamics of patent licensing in universities, particularly in the Spanish context. It highlights the critical role that individual researchers play in the patenting process, suggesting that their active participation and collaboration with external experts or companies are key factors in the decision to license patents. This perspective underscores the importance of empowering researchers and providing them with the necessary support and resources to navigate the patenting and licensing process. Another important aspect is the emphasis on strengthening technology transfer offices (TTOs). By enhancing the structure and functionality of TTOs, universities can create a more efficient and supportive environment for the commercialization of academic innovations. This can lead to increased patent licensing, which in turn can drive innovation and economic growth. The study also sheds light on the need for a balanced approach that considers both individual and institutional factors. While individual factors are crucial, institutional support through well-functioning TTOs is equally important. This dual focus can help universities develop comprehensive strategies to promote the commercialization of their research. Overall, this research provides a roadmap for universities, policymakers, and researchers to enhance the impact of academic innovations through effective patent licensing strategies. It highlights the importance of collaboration, support, and strategic planning in achieving successful knowledge transfer and commercialization.
Dr F. Javier Miranda
Universidad de Extremadura
Read the Original
This page is a summary of: An assessment of the determinants of licensing of university patents: a survey of Spanish universities, Academia Revista Latinoamericana de Administración, May 2021, Emerald,
DOI: 10.1108/arla-07-2020-0162.
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