University patenting, licensing and technology transfer: how organizational context and available resources determine performance.

The paper assesses the performance of the technology licensing offices (TLO) and technology transfer offices (TTO) which have been active in Portuguese higher education institutions. Data stemming from a survey of these entities was analyzed in successive steps through factor analysis, cluster analysis and estimation of a model using the Partial-Least Squares methodology. It is shown that the institutional nature of each of the surveyed organizations implies different behaviours and outcomes. Further it has also became clear that the type of resources and activities in the surveyed organizations determine both their “primary outcome” (patent applications and technology transfer processes) and their “final outcome” (technology licensing contracts and technology-based spin-offs). The results of this paper might be particularly relevant for other similar economies as Portugal where high-tech and knowledge-intensive industries have not been dominant.technology transfer; university-industry relationships; university patenting; university spin-offs

Inward FDI in Portugal and its policy context, 2011

Portugal's performance in attracting inward foreign direct investment (IFDI) during the economic and financial crisis in 2009 was poor, below the low figures that it had already recorded in the previous couple of years, although Portugal did not record negative FDI inflows like competing countries such as Ireland (in 2008) and Hungary (in 2009). The country's difficulties in attracting IFDI are, however, structural. The "golden" years of the early 1990s, when Portugal emerged as an attractive and fashionable location, are past. The country's IFDI performance throughout the first decade of the 21st century was, in general, weak. In 2009, Spain, France and Brazil were the main sources of IFDI in Portugal. In spite of the Government's commitment to attracting IFDI, policy design and implementation have fallen short in the increasingly fierce competition for international investment

University patenting, licensing and technology transfer: how organizational context and available resources determine performance

The paper assesses the performance of the technology licensing offices (TLO) and technology transfer offices (TTO) which have been active in Portuguese higher education institutions. Data stemming from a survey of these entities was analyzed in successive steps through factor analysis, cluster analysis and estimation of a model using the Partial-Least Squares methodology. It is shown that the institutional nature of each of the surveyed organizations implies different behaviours and outcomes. Further it has also became clear that the type of resources and activities in the surveyed organizations determine both their “primary outcome” (patent applications and technology transfer processes) and their “final outcome” (technology licensing contracts and technology-based spin-offs). The results of this paper might be particularly relevant for other similar economies as Portugal where high-tech and knowledge-intensive industries have not been dominant

Outward FDI from Portugal and its policy context, 2012

In 2010, Portugal's outward foreign direct investment (OFDI) was severely affected by the global economic and financial crisis, with flows recording a negative figure of -US$ 8.4 billion, the lowest in an ever-steeper declining trend exhibited since 2005. Nevertheless, Portugal's OFDI stock increased almost three-fold between 2000 and 2010. During this period, Portugal's OFDI annual growth rates were lower than those of comparator economies, such as Spain or Ireland, and only slightly above those of Italy. OFDI flows in the 2001-2010 period were concentrated in the services sector, particularly in real estate, followed by retail and manufacturing. In contrast, there has been a clear decline of investment in financial services (largely explaining the negative figures recorded in 2010) and in the construction industry. Excluding 2010, the Netherlands has attracted a significant share of Portugal's OFDI. Investment in non-traditional destinations has gained importance in recent years, both in Europe (Romania, Bulgaria) and outside Europe (the United States, India), but their weight remains limited. The crisis affected OFDI policy, leading to growing concern regarding the localization of value-added activities in Portugal. There has been a shift in government policy in the past three years, prioritizing exports over direct investment as a mode of entry into foreign markets

How institutional nature and available resources determine the performance of technology transfer offices

This paper assesses the performance of GAPIs and OTICs, two different types of university technology transfer offices that have been active in Portuguese higher education institutions, since 2000 and 2006, respectively. Data originating from a survey of these offices were analysed through both cluster analysis and the estimation of a Partial Least Squares-Structural Equation Modelling (PLS-SEM) model. Results show that the institutional nature of each of the surveyed organisations implies different behaviours and outputs. Furthermore, it is shown that the resources and activities of the surveyed offices determine their performance concurrently with regard to technology transfer, licencing contracts and technology-based spin-offs. The results of this study may be particularly relevant for countries that are in the process of developing their university technology transfer activities, as they can help to shape policies in relation to TTOs’ funding and resource allocation during the earlier stages of these activities.info:eu-repo/semantics/publishedVersio

A actividade dos GAPI e das OTIC : uma análise multivariada de processos de transferência de tecnologia

Mestrado em Economia e Gestão de Ciência, Tecnologia e InovaçãoA presente dissertação incide sobre a actividade dos Gabinetes de Apoio à Promoção da Propriedade Industrial (GAPI) universitários e das Oficinas de Transferência de Tecnologia e Conhecimento (OTIC) académicas, no período de 2006 a 2008. Os dados tratados foram recolhidos do Inquérito de equipa do CEGE/ISEG no âmbito de um estudo1 efectuado no Verão de 2008, por solicitação da Oficina de Transferência de Tecnologia e de Conhecimento da Universidade Técnica de Lisboa. Depois de analisar o papel deste tipo de instituições na transferência de tecnologia das universidades para as empresas, e de rever a bibliografia existente sobre o tema, procedeu-se ao tratamento estatístico dos dados, usando o software SPSS e Smart PLS. A hipótese, avançada no início da dissertação, de que a diferente natureza das instituições (GAPI, OTIC, estruturas integradas GAPI+OTIC) determina a estrutura de comportamento das variáveis, foi testada por Análise de Clusters, tendo-se concluído pela sua validade. A hipótese de que o conjunto de resultados das instituições é explicado pelos recursos de que estas dispõem e pelas actividades que prosseguem foi estudada recorrendo a Análise Factorial e à estimação pelo método de Partial Least Squares (PLS), tendo sido confirmada, com a nuance, sugerida pela Análise Factorial e confirmada pela estimação PLS, de que as patentes solicitadas são um factor explicativo dos resultados finais, os contratos de licenciamento de tecnologia efectuados e os spin-offs verificados.info:eu-repo/semantics/publishedVersio

How inventor royalty shares affect patenting and income in Portugal and Spain

Portuguese and Spanish universities have adopted well-defined royalty sharing schedules during the last fifteen years. We investigate whether these inventor royalty shares have been effective at stimulating inventors’ efforts and ultimately improving university outcomes. We base our empirical analysis on university-level data as well as on new self-collected surveys completed by inventors and Technology Transfer Offices (TTOs). Econometric evidence from the university-level data set indicates that royalty shares have no impact on patenting or licensing income. The same result emerges from the inventors’ survey, with most respondents claiming to be largely unaffected by royalty sharing. Evidence from both the TTO and inventors’ surveys suggests that inventors do not react to royalty sharing because of the poor commercial prospects of their inventions, which means there is little income to be shared. These poor prospects appear to reflect the fact that the TTOs do not focus sufficiently on commercializing inventions and inventors are unable to produce potentially licensable inventions

Royalty sharing, effort and invention in universities: Evidence from Portugal and Spain

Portuguese and Spanish universities have adopted well-defined royalty sharing arrangements over the last fifteen years. We investigate whether such royalty sharing arrangements have been effective in stimulating inventors' efforts and in ultimately improving university outcomes. We base our empirical analysis on university-level data and two new self-collected surveys for both inventors and Technology Transfer Offices (TTOs). Evidence from the inventors' survey indicates that one third of respondents are incentivised by current royalty sharing arrangements, one third could be incentivised by higher royalty shares, and the remaining third is totally insensitive to royalty sharing

Inward and Outward FDI Country Profiles, Second Edition

This second edition contains a series of 77 standardized country profiles dealing with the inward and outward foreign direct investment (FDI) performance of 40 economies. The profiles have been peer-reviewed by a global network of experts. The publication is intended to contribute to the analysis of trends in foreign direct investment and policy issues related to them. More specifically, the individual profiles discuss FDI trends and developments (country-level developments, the corporate players); effects of the recent global crises; and the policy scene. Each profile contains a standard set of tables, including on FDI stocks and flows, sectoral and geographical FDI distributions, the largest M&As and greenfield investments, the principal foreign affiliates (for inward FDI), and the principal multinational enterprises (for outward FDI). The standardized template used to produce the profiles allows cross-country comparisons. The volume is meant to be a reference tool for anyone interested in foreign direct investment