Which governance of university-industry interactions increases the value of industrial inventions?
(2019) In Industrial and Corporate Change 28(5). p.1227-1256- Abstract
While evidence suggests that industry inventors' interactions with universities enhance invention value, the role of interaction governance has so far been overlooked. Relying on an original survey of industry inventors of European patents based in Italy, we show that governance matters. Personal contractual collaborations between firms and individual academics lead to higher-value inventions than collaborations mediated by university institutions. The former enable more effective exploitation of academic knowledge, by facilitating its full transmission and integration into the firm's knowledge base.
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https://lup.lub.lu.se/record/972bad6e-dc9a-4580-9e8f-4800df1570ce
- author
- Fassio, Claudio LU ; Geuna, Aldo and Rossi, Federica
- organization
- publishing date
- 2019
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- O31, O32, O34
- in
- Industrial and Corporate Change
- volume
- 28
- issue
- 5
- pages
- 30 pages
- publisher
- Oxford University Press
- external identifiers
-
- scopus:85076576912
- ISSN
- 0960-6491
- DOI
- 10.1093/icc/dty058
- language
- English
- LU publication?
- yes
- id
- 972bad6e-dc9a-4580-9e8f-4800df1570ce
- date added to LUP
- 2020-11-18 05:59:45
- date last changed
- 2024-01-02 21:50:03
@article{972bad6e-dc9a-4580-9e8f-4800df1570ce, abstract = {{<p>While evidence suggests that industry inventors' interactions with universities enhance invention value, the role of interaction governance has so far been overlooked. Relying on an original survey of industry inventors of European patents based in Italy, we show that governance matters. Personal contractual collaborations between firms and individual academics lead to higher-value inventions than collaborations mediated by university institutions. The former enable more effective exploitation of academic knowledge, by facilitating its full transmission and integration into the firm's knowledge base.</p>}}, author = {{Fassio, Claudio and Geuna, Aldo and Rossi, Federica}}, issn = {{0960-6491}}, keywords = {{O31; O32; O34}}, language = {{eng}}, number = {{5}}, pages = {{1227--1256}}, publisher = {{Oxford University Press}}, series = {{Industrial and Corporate Change}}, title = {{Which governance of university-industry interactions increases the value of industrial inventions?}}, url = {{http://dx.doi.org/10.1093/icc/dty058}}, doi = {{10.1093/icc/dty058}}, volume = {{28}}, year = {{2019}}, }