University Patenting in Europe
University Patenting in Europe
Does Faculty Ownership of Intellectual Property Impede University Technology Transfer?
The chapter assesses the consequences of the professors' privilege in Europe, which refers to faculty, rather than their university, ownership of intellectual property. The authors conclude that this type of intellectual property regime has stimulated informal university technology transfer and induced many academics to circumvent the university technology transfer office. The authors also report that while there are appropriate controls for different ownership structures in Europe and the U.S., the European academic system seems to perform much better in the area of technology transfer than previously believed.
Keywords: professor’s privilege, patents, technology transfer offices, research, intellectual property
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