University Technology Transfer Programs: A Profit/Loss Analysis

Dennis Trune, Lewis N. Goslin

Research output: Contribution to journalArticle

49 Citations (Scopus)

Abstract

An analysis was made of the financial profitability/loss of technology transfer programs in U.S. universities, hospitals, and research centers for 1995. Data were extracted from the AUTM (Association of University Technology Managers) survey and other published information. Royalty payments were compared to estimates of technology transfer office costs, patent fees, legal expenses, and new research grants. Approximately half of the programs in these institutions appeared to operate at a profit, albeit some had profits of several million dollars. Many smaller university technology transfer programs have been in existence only 5-10 years and presumably have not transferred sufficient technology for a profitable royalty stream. When estimates were made of institution funds that are spent locally, the community benefit of technology transfer programs was $434 million.

Original languageEnglish (US)
Pages (from-to)197-204
Number of pages8
JournalTechnological Forecasting and Social Change
Volume57
Issue number3
StatePublished - Mar 1998

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Technology Transfer
Technology transfer
Profitability
Technology
Fees and Charges
Organized Financing
Financial Management
Research
Managers
Costs and Cost Analysis
Profit
University technology transfer
Costs
Transfer of technology
Royalty

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation
  • Applied Psychology

Cite this

University Technology Transfer Programs : A Profit/Loss Analysis. / Trune, Dennis; Goslin, Lewis N.

In: Technological Forecasting and Social Change, Vol. 57, No. 3, 03.1998, p. 197-204.

Research output: Contribution to journalArticle

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