University revenues from technology transfer: Licensing fees vs. equity positions

By M. Bray, James N. Lee. 2000

292 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/de585f3cca692ce7416a82e507869c78e5b0d221

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Citations in the corpus

University entrepreneurship: a taxonomy of the literature (2007, background): “For example, the process of choosing among various commercialization strategies in a discriminating fashion is an internal procedure that has drawn considerable attention in recent years (Bray and Lee, 2000; Meseri and Maital, 2001; Feldman et al., 2002; Shane 2002a).”
University Start-Up Formation and Technology Licensing with Firms that Go Public: A Resource-Based View of Academic Entrepreneurship (2005, methodology): “, start-ups formed and number of IPO licenses, previous research by Bray and Lee (2000) and Feldman et al. (2002) provide interesting insights into our finding.”
Entpreprenerial Universities and Technology Transfer: A Conceptual Framework for Understanding Knowledge-Based Economic Development (2006, background): “Bray and Lee (2000) report that license issue fees typically range from $10,000 to $50,000 but may be as high as $250,000 while royalty rates are typically 2–5%, but may be as high as 15%.”
Resources, capabilities, risk capital and the creation of university spin-out companies (2005, background): “Small sample survey evidence indicates that assuming an equity position in a university spinout company produces a greater average return in the long run compared to the average return available from the average license (Bray and Lee, 2000).”
A systematic literature review of the influence of the university’s environment and support system on the precursors of social entrepreneurial intention of students (2020, unknown): “…Piccaluga, 2000; Hughes, Ireland, & Morgan, 2007; Markuerkiaga, Caiazza, Igartua, & Errasti, 2016; Mian, 1996, 1997), technology transfer mechanisms (Bray & Lee, 2000; Etzkowitz, 2003; Poole & Robertson, 2003), university venture funds (Lerner, 2004) and mentoring and networking (Nielsen & Lassen,…”
The Halo Effect and Technology Licensing: The Influence of Institutional Prestige on the Licensing of University Inventions (2003, background): “As a result, to date, no research investigates the effects of institutional prestige on the ability of a university to license its inventions.”
Commercializing university research in transition economies: Technology transfer offices or direct industrial funding? (2019, background): “This demonstrates that universities have begun to encourage the 441 development of spin-off companies (Bray and Lee (2000) and to licence technologies to an 442 entrepreneur (e.g. inventor or external partner) (Phan and Siegel, 2006).”
Conceptualizing academic entrepreneurship ecosystems: a review, analysis and extension of the literature (2018, background): “Bray and Lee (2000), for example, use commercialization revenues as a gauge of entrepreneurial impact while Todorovic et al. (2011) examine factors that predict university entrepreneurial impact.”
What Have We Acquired and What Should We Acquire in Divestiture Research? A Review and Research Agenda (2006, background): “For example, the management of intellectual property has been identified as a critical aspect in so-called academic spin-offs from R&D-driven companies or research universities (e.g., Bray & Lee, 2000).”
Models and Methods of University Technology Transfer (2013, unknown): “Author(s) Key findings Bray and Lee (2000) Licensing managers have begun to take equity in startup companies in combination with, or in place of, license issue fees or royalties.”