Technology-transfer model best for inventors who need commercialization support.
An invention by an academic in the United States has a better chance of going to market than it does in other nations, a study finds. University Entrepreneurship and Professor Privilege, a working paper released by the Research Institute of Industrial Economics in Stockholm on 12 April, also finds that faculty members in other nations are more likely to try to launch their own inventions. Co-author Erika Färnstrand Damsgaard, a research fellow at the institute, says that US technology-transfer offices have more market-analysis skills, invest more in commercialization and often license to solid businesses, boosting the chances of success.
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More US success. Nature 485, 270 (2012). https://doi.org/10.1038/nj7397-270c
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DOI: https://doi.org/10.1038/nj7397-270c