Royalty sharing, effort and invention in universities: Evidence from Portugal and Spain

Portuguese and Spanish universities have adopted well-defined royalty sharing arrangements over the last fifteen years. We investigate whether such royalty sharing arrangements have been effective in stimulating inventors' efforts and in ultimately improving university outcomes. We base our emp...

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Detalles Bibliográficos
Autores: Arqué Castells, Pere, Cartaxo, Rui M., Garcia-Quevedo, Jose, Mira-Godinho, Manuel
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2016
País:España
Institución:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
Repositorio:Recercat. Dipósit de la Recerca de Catalunya
OAI Identifier:oai:recercat.cat:2445/108084
Acceso en línea:https://hdl.handle.net/2445/108084
Access Level:acceso abierto
Palabra clave:Patents d'invenció
Recerca industrial
Innovacions tecnològiques
Patents
Industrial research
Technological innovations
Descripción
Sumario:Portuguese and Spanish universities have adopted well-defined royalty sharing arrangements over the last fifteen years. We investigate whether such royalty sharing arrangements have been effective in stimulating inventors' efforts and in ultimately improving university outcomes. We base our empirical analysis on university-level data and two new self-collected surveys for both inventors and Technology Transfer Offices (TTOs). Evidence from the inventors' survey indicates that one third of respondents are incentivised by current royalty sharing arrangements, one third could be incentivised by higher royalty shares, and the remaining third is totally insensitive to royalty sharing.