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Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process

The commercialisation of university patents via spin-off formations or licensing to established companies are the common methods adopted by universities to exploit their patents. This paper looks very closely on who was involved and how the decision was made by one university to patent and to exploi...

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Main Authors: Ismail , Kamariah, Abdul Majid, Izaidin, Wan Omar, Wan Zaidi
Format: Conference or Workshop Item
Language:English
Published: 2008
Subjects:
H Social Sciences (General)
Online Access:http://eprints.utem.edu.my/id/eprint/12366/1/Patents_Exploited_through_Spin.pdf
http://eprints.utem.edu.my/id/eprint/12366/
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spelling my.utem.eprints.123662015-05-28T04:24:19Z http://eprints.utem.edu.my/id/eprint/12366/ Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process Ismail , Kamariah Abdul Majid, Izaidin Wan Omar, Wan Zaidi H Social Sciences (General) The commercialisation of university patents via spin-off formations or licensing to established companies are the common methods adopted by universities to exploit their patents. This paper looks very closely on who was involved and how the decision was made by one university to patent and to exploit its portfolio of patents. This paper is based on a case study of a university in Scotland. Two types of patents were selected; those that exploited through spin-offs and another that used licensing to established companies. A total of 12 patents were selected and in-depth interviews were conducted. The findings showed that, similar actors were involved in the decision to patent for both types of patents. The actors involved were inventors, industry and the Technology Transfer Office (TTO) or decisions were made between two parties of these three above. However, the decisions to commercialise via spin-off formation were influenced by factors such as how they recognised opportunities of their technologies through industrial working experiences and motivation factor to see their inventions being exploited. On the other hand, for patents that were licensed to established companies, the decisions either came from the save three actors above or through joint decisions between them. The significant difference is the patents that were exploited via licensing to established companies, the inventors did not have the motivation to be an entrepreneur, and were not willing to take risks. Studying and understanding the decision making process in commercialisation of university patents through spin-off formations and through licensing to established companies will enhance the roles of university TTOs. The TTO should help inventors whose technologies have potential but did not have the motivation to undertake their commercialisation by themselves. 2008-07-15 Conference or Workshop Item PeerReviewed application/pdf en http://eprints.utem.edu.my/id/eprint/12366/1/Patents_Exploited_through_Spin.pdf Ismail , Kamariah and Abdul Majid, Izaidin and Wan Omar, Wan Zaidi (2008) Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process. In: Sixth International Conference on New Directions in the Humanities,, 15-18 July 2008, Fatih University, Istanbul, Turkey.
institution Universiti Teknikal Malaysia Melaka
building UTEM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknikal Malaysia Melaka
content_source UTEM Institutional Repository
url_provider http://eprints.utem.edu.my/
language English
topic H Social Sciences (General)
spellingShingle H Social Sciences (General)
Ismail , Kamariah
Abdul Majid, Izaidin
Wan Omar, Wan Zaidi
Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process
description The commercialisation of university patents via spin-off formations or licensing to established companies are the common methods adopted by universities to exploit their patents. This paper looks very closely on who was involved and how the decision was made by one university to patent and to exploit its portfolio of patents. This paper is based on a case study of a university in Scotland. Two types of patents were selected; those that exploited through spin-offs and another that used licensing to established companies. A total of 12 patents were selected and in-depth interviews were conducted. The findings showed that, similar actors were involved in the decision to patent for both types of patents. The actors involved were inventors, industry and the Technology Transfer Office (TTO) or decisions were made between two parties of these three above. However, the decisions to commercialise via spin-off formation were influenced by factors such as how they recognised opportunities of their technologies through industrial working experiences and motivation factor to see their inventions being exploited. On the other hand, for patents that were licensed to established companies, the decisions either came from the save three actors above or through joint decisions between them. The significant difference is the patents that were exploited via licensing to established companies, the inventors did not have the motivation to be an entrepreneur, and were not willing to take risks. Studying and understanding the decision making process in commercialisation of university patents through spin-off formations and through licensing to established companies will enhance the roles of university TTOs. The TTO should help inventors whose technologies have potential but did not have the motivation to undertake their commercialisation by themselves.
format Conference or Workshop Item
author Ismail , Kamariah
Abdul Majid, Izaidin
Wan Omar, Wan Zaidi
author_facet Ismail , Kamariah
Abdul Majid, Izaidin
Wan Omar, Wan Zaidi
author_sort Ismail , Kamariah
title Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process
title_short Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process
title_full Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process
title_fullStr Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process
title_full_unstemmed Patents Exploited through Spin-off Formation and Licensing to Established Companies: One University's Decision Making Process
title_sort patents exploited through spin-off formation and licensing to established companies: one university's decision making process
publishDate 2008
url http://eprints.utem.edu.my/id/eprint/12366/1/Patents_Exploited_through_Spin.pdf
http://eprints.utem.edu.my/id/eprint/12366/
_version_ 1665905496468488192
score 13.211869

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