Assessing the relative performance of U.K. university technology transfer offices: parametric and non-parametric evidence |
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| Authors: | Wendy Chapple Andy Lockett Donald Siegel Mike Wright |
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| Institution: | a Nottingham University Business School, University of Nottingham, Jubilee Campus, Nottingham NG8 1BB, UK
b Department of Economics, Rensselaer Polytechnic Institute, 3502 Russell Sage Laboratory, Troy, NY 12180-3590, USA |
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| Abstract: | We present evidence on the relative performance of U.K. university technology transfer offices (TTOs) using data envelopment analysis (DEA) and stochastic frontier estimation (SFE). U.K. TTOs are found to exhibit low-levels of absolute efficiency. There also appear to be decreasing returns to scale, implying that TTOs may need to be reconfigured into smaller units. The development of regionally-based sector focused TTOs is also advised. Consistent with qualitative evidence from U.S. TTOs, we find that there is a need to upgrade the business skills and capabilities of U.K. TTO managers and licensing officers. |
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| Keywords: | M13 D23 L31 O31 O32 |
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