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Which governance of university-industry interactions increases the value of industrial inventions?

Fassio, Claudio LU ; Geuna, Aldo and Rossi, Federica (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.

Please use this url to cite or link to this publication:
author
; and
organization
publishing date
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}},
}