Strategies for Tech Transfer and Developmen t, Cay Villars, President, Market Value Concepts.
Small companies see technology licensing to be a great way to develop a proprietary advantage.
Large companies have become dependent upon Academic Research Institutions not only as a source for technology, but also for assistance with technology development. It is well established that much of the technology used by corporations comes from government and academic research institutions. Francis Narin, the head of CHI Research was commissioned to study patents issued to corporations. Less than 30 percent of the science citations for American industrial patents referred to scientific research conducted by American corporations. An increasing number of academic institutions are recognizing the benefits of obtaining financial support for research in addition to licensing revenues.