Incentives in University Technology Transfers

  • Authors: David Pérez-Castrillo and Inés Macho-Stadler.
  • BSE Working Paper: 398 | September 15
  • Keywords: spin-offs , venture capital , licensing contracts
  • JEL codes: O32
  • spin-offs
  • venture capital
  • licensing contracts
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Abstract

There are two main ways in which the knowledge created in universities has been transferred to firms: licensing agreements and the creation of spin-offs. In this paper, we describe the main steps in the transfer of university innovations, the main incentive issues that appear in this process, and the contractual solutions proposed to address them.

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