ERIC Number: ED311839
Record Type: Non-Journal
Publication Date: 1989-Jul
Reference Count: N/A
Options for Technology Transfer.
Anderson, Richard E.; Sugarman, Barry
Capital Ideas, v4 n1-2 Jul 1989
Structural means by which institutions of higher education can tap technology are explored with an examination of the licensing of technological discoveries as well as the creation of start-up companies based upon university-developed technology. Additionally, the corporate structures that are being formed so that institutions can more easily hold equity in these new ventures are considered. A summary of the results of a survey of the emerging structures called corporate affiliates for technology transfer (CATTS) is presented. Sections include: licensing technology (identification and disclosure, protection, the licensing agreement, and royalties in perspective); a brief review of copyrights, patents, trademarks, and trade secrets; reasons for start-ups (more effective transfer of technology, unequal access to licensing, economic development, the rewards of spinoffs, and cautions); and policy issues (public expectations and funding, and threats to institutional culture). The CATTS survey results indicate: there are about 20 to 25 CATTS in current operation (mostly started in the mid- to late-1980s; universities that do not have CATTS are not necessarily eschewing the creation of new technology-based corporations nor making equity investments in those firms, and instead many are forming companies without creating a corporate intermediary; and CATTS serve several purposes including increasing financial and administrative flexibility and protecting the university's tax exempt status. Successful CATTS must be reasonably well capitalized or have some assured funding base. (SM)
Descriptors: Business, Certification, Educational Finance, Entrepreneurship, Higher Education, Public Policy, School Business Relationship, Technological Advancement, Technology Transfer
Teachers College, Columbia University, Box 38/525 West 120th Street, New York, NY 10027.
Publication Type: Collected Works - Serials; Reports - Research
Education Level: N/A
Sponsor: Office of Educational Research and Improvement (ED), Washington, DC.
Authoring Institution: National Center for Postsecondary Governance and Finance, College Park, MD.; Forum for College Financing.