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Resource Spillover from Academia to High-tech Industry. Edition No. 1
VDM Publishing House, Sep 2008, Pages: 144
The role of universities in supporting economic
development has been explored in studies emphasizing
the mechanisms of technology transfer and knowledge
spillover. However, in addition to intellectual
capital, university scientists bring
other resources into research collaboration and
contribute to firm partnerships in both direct and
indirect ways. This book develops the concept of
resource spillover, which captures the various ways
in which firms can benefit from collaborations with
university scientists. The study categorizes the
resources possessed by university scientists into
intellectual capital, social capital, and positional
capital, and tests the impact of each on the
performance of firms. Using a sample of new
nanotechnology-based firms in the United States, the
study finds that firms benefit from research
collaboration in terms of both increased research
capability and research output and improved public
relations and research credibility. The work
contributes to the university-industry technology
transfer literature and is useful to managers and
policy scientists who are developing research
partnership programs or intermediary organizations.
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