Models for University Technology Transfer: Resolving Conflicts between Mission and Methods and the Dependency on Geographic Location

Abstract

The conversion of university research into economic growth is vital for the future of many nations. In order to improve the efficiency of this transfer, we have looked at the effectiveness of technology transfer activity in the USA. Our research indicates that universities that are not located in a region with a supportive innovation system should modify their mission and methods for technology transfer. Using both quantitative and qualitative methods, the authors develop an overview of the problem and recommend three new strategies for effective technology transfer including the application of regional dynamic knowledge networks.

Keywords: university technology transfer, regional development

JEL Classification: O32