Innovaton and Emulation: Lessons from American Universities in Selling Private Rights to Public Knowledge
Powell, WalterW, Jason Owen-Smith, and JeannetteA Colyvas. 2007. "Innovaton and Emulation: Lessons from American Universities in Selling Private Rights to Public Knowledge." Minerva, 45(2): 121-142.
American universities are purported to excel at technology transfer. This assumption, however, masks important features of American innovation. Attempts to emulate the US example must recognize the heterogeneity of its industries and institutions of higher education. Stanford University and the biomedical cluster in Boston, Massachusetts, illustrate the diversities that characterize this dynamic system.
education economic behavior