Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model

Longtian Zhang; Hong Li

doi:doi:10.11648/j.ijefm.20170505.12

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Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model

Longtian Zhang, Hong Li

Published in International Journal of Economics, Finance and Management Sciences (Volume 5, Issue 5)

Received: 12 September 2017 Published: 14 September 2017

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Abstract

Although the process of technology transfer including university-industry cooperation and other forms has been widely investigated in previous literature, it still lacks a comprehensive modeling of this process. This paper presents a model describing the selection between one-time transfer, which is usually known as patenting and licensing, and university-industry cooperation in the situation of perfect information, and find out that the bargaining power of both sides, along with the periods that the underlying technologies can be profitable are important factors that may influence the decisions of the trade forms and the corresponding fees, respectively. The simulating results show that, given the profitable period of the underlying technologies is long enough, as the bargaining power of scientists become stronger, the selection of form of trade undergoes a changing pattern of from one-time transfer to cooperation. Moreover, to deal with conflicts that the both sides may face in some cases, two rules that are proposed under the situation of with and without intermediaries are discussed respectively, and we find that the allocation under the two rules are the same. This conclusion helps providing theoretical support for introducing technology intermediaries into the process of technology transfer.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 5, Issue 5)
DOI	10.11648/j.ijefm.20170505.12
Page(s)	235-245
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Matching Model, Technology Transfer, University-Industry Cooperation

References

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APA Style

Longtian Zhang, Hong Li. (2017). Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model. International Journal of Economics, Finance and Management Sciences, 5(5), 235-245. https://doi.org/10.11648/j.ijefm.20170505.12

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ACS Style

Longtian Zhang; Hong Li. Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model. Int. J. Econ. Finance Manag. Sci. 2017, 5(5), 235-245. doi: 10.11648/j.ijefm.20170505.12

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AMA Style

Longtian Zhang, Hong Li. Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model. Int J Econ Finance Manag Sci. 2017;5(5):235-245. doi: 10.11648/j.ijefm.20170505.12

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@article{10.11648/j.ijefm.20170505.12,
  author = {Longtian Zhang and Hong Li},
  title = {Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {5},
  number = {5},
  pages = {235-245},
  doi = {10.11648/j.ijefm.20170505.12},
  url = {https://doi.org/10.11648/j.ijefm.20170505.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20170505.12},
  abstract = {Although the process of technology transfer including university-industry cooperation and other forms has been widely investigated in previous literature, it still lacks a comprehensive modeling of this process. This paper presents a model describing the selection between one-time transfer, which is usually known as patenting and licensing, and university-industry cooperation in the situation of perfect information, and find out that the bargaining power of both sides, along with the periods that the underlying technologies can be profitable are important factors that may influence the decisions of the trade forms and the corresponding fees, respectively. The simulating results show that, given the profitable period of the underlying technologies is long enough, as the bargaining power of scientists become stronger, the selection of form of trade undergoes a changing pattern of from one-time transfer to cooperation. Moreover, to deal with conflicts that the both sides may face in some cases, two rules that are proposed under the situation of with and without intermediaries are discussed respectively, and we find that the allocation under the two rules are the same. This conclusion helps providing theoretical support for introducing technology intermediaries into the process of technology transfer.},
 year = {2017}
}

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TY  - JOUR
T1  - Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model
AU  - Longtian Zhang
AU  - Hong Li
Y1  - 2017/09/14
PY  - 2017
N1  - https://doi.org/10.11648/j.ijefm.20170505.12
DO  - 10.11648/j.ijefm.20170505.12
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 235
EP  - 245
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20170505.12
AB  - Although the process of technology transfer including university-industry cooperation and other forms has been widely investigated in previous literature, it still lacks a comprehensive modeling of this process. This paper presents a model describing the selection between one-time transfer, which is usually known as patenting and licensing, and university-industry cooperation in the situation of perfect information, and find out that the bargaining power of both sides, along with the periods that the underlying technologies can be profitable are important factors that may influence the decisions of the trade forms and the corresponding fees, respectively. The simulating results show that, given the profitable period of the underlying technologies is long enough, as the bargaining power of scientists become stronger, the selection of form of trade undergoes a changing pattern of from one-time transfer to cooperation. Moreover, to deal with conflicts that the both sides may face in some cases, two rules that are proposed under the situation of with and without intermediaries are discussed respectively, and we find that the allocation under the two rules are the same. This conclusion helps providing theoretical support for introducing technology intermediaries into the process of technology transfer.
VL  - 5
IS  - 5
ER  -

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Author Information

Longtian Zhang

School of Economics and Management, University of Chinese Academy of Sciences, Beijing, China
Hong Li

School of Economics and Management, University of Chinese Academy of Sciences, Beijing, China

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Plain Text BibTeX RIS

APA Style

Longtian Zhang, Hong Li. (2017). Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model. International Journal of Economics, Finance and Management Sciences, 5(5), 235-245. https://doi.org/10.11648/j.ijefm.20170505.12

Copy | Download

ACS Style

Longtian Zhang; Hong Li. Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model. Int. J. Econ. Finance Manag. Sci. 2017, 5(5), 235-245. doi: 10.11648/j.ijefm.20170505.12

Copy | Download

AMA Style

Longtian Zhang, Hong Li. Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model. Int J Econ Finance Manag Sci. 2017;5(5):235-245. doi: 10.11648/j.ijefm.20170505.12

Copy | Download

@article{10.11648/j.ijefm.20170505.12,
  author = {Longtian Zhang and Hong Li},
  title = {Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {5},
  number = {5},
  pages = {235-245},
  doi = {10.11648/j.ijefm.20170505.12},
  url = {https://doi.org/10.11648/j.ijefm.20170505.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20170505.12},
  abstract = {Although the process of technology transfer including university-industry cooperation and other forms has been widely investigated in previous literature, it still lacks a comprehensive modeling of this process. This paper presents a model describing the selection between one-time transfer, which is usually known as patenting and licensing, and university-industry cooperation in the situation of perfect information, and find out that the bargaining power of both sides, along with the periods that the underlying technologies can be profitable are important factors that may influence the decisions of the trade forms and the corresponding fees, respectively. The simulating results show that, given the profitable period of the underlying technologies is long enough, as the bargaining power of scientists become stronger, the selection of form of trade undergoes a changing pattern of from one-time transfer to cooperation. Moreover, to deal with conflicts that the both sides may face in some cases, two rules that are proposed under the situation of with and without intermediaries are discussed respectively, and we find that the allocation under the two rules are the same. This conclusion helps providing theoretical support for introducing technology intermediaries into the process of technology transfer.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Selection Between One-Time Transfer and University-Industry Cooperation in Technology Transfer: A Matching Model
AU  - Longtian Zhang
AU  - Hong Li
Y1  - 2017/09/14
PY  - 2017
N1  - https://doi.org/10.11648/j.ijefm.20170505.12
DO  - 10.11648/j.ijefm.20170505.12
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 235
EP  - 245
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20170505.12
AB  - Although the process of technology transfer including university-industry cooperation and other forms has been widely investigated in previous literature, it still lacks a comprehensive modeling of this process. This paper presents a model describing the selection between one-time transfer, which is usually known as patenting and licensing, and university-industry cooperation in the situation of perfect information, and find out that the bargaining power of both sides, along with the periods that the underlying technologies can be profitable are important factors that may influence the decisions of the trade forms and the corresponding fees, respectively. The simulating results show that, given the profitable period of the underlying technologies is long enough, as the bargaining power of scientists become stronger, the selection of form of trade undergoes a changing pattern of from one-time transfer to cooperation. Moreover, to deal with conflicts that the both sides may face in some cases, two rules that are proposed under the situation of with and without intermediaries are discussed respectively, and we find that the allocation under the two rules are the same. This conclusion helps providing theoretical support for introducing technology intermediaries into the process of technology transfer.
VL  - 5
IS  - 5
ER  -

Copy | Download