How Principal Investigators’ Commercial Experience Influences Technology Transfer and Market Impacts

Cunningham, James, Dolan, Brendan, Menter, Matthias, O’Kane, Conor and O’Reilly, Paul (2020) How Principal Investigators’ Commercial Experience Influences Technology Transfer and Market Impacts. Research-Technology Management, 63 (5). pp. 49-58. ISSN 0895-6308

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Official URL: https://doi.org/10.1080/08956308.2020.1790244

Abstract

Overview: Businesses can benefit from university–industry collaborations, yet they rarely take full advantage of them. Scientists who serve as principal investigators (PIs) act as the nucleus of university–industry collaborations and partner with industry to cocreate value. We conducted a case study of PIs at publicly funded research universities, institutes, and organizations in Ireland to explore how having commercial experience influences how PIs approach technology transfer and how they develop new business models, products, and services. We learned that PIs’ prior commercial experience influences how they approach their research, project work, and project selection and affects how they commercialize knowledge and outputs from their scientific research––that is, patents, licences, agreements, etc.––throughout the project’s life cycle. In university–industry collaborations, PIs’ commercial experience can impact industry partners’ attempts to realize technology transfer and market impacts.

Item Type: Article
Uncontrolled Keywords: Principal investigators, Technology transfer, Market impact, University–industry collaboration, Commercial experience
Subjects: N100 Business studies
X900 Others in Education
Department: Faculties > Business and Law > Newcastle Business School
Depositing User: John Coen
Date Deposited: 16 Oct 2020 13:36
Last Modified: 16 Oct 2020 13:36
URI: http://nrl.northumbria.ac.uk/id/eprint/44539

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