Open Science and Open Innovation: Sourcing Knowledge from Universities

Perkmann, M and West J (2014) Open science and open innovation: Sourcing knowledge from universities. In Link, AN, Siegel, DS and Wright, M (eds): The Chicago Handbook of University Technology Transfer and Academic Entrepreneurship, Chicago: University of Chicago Press, pp. 41-74.

41 Pages Posted: 21 Aug 2012 Last revised: 19 May 2015

Markus Perkmann

Imperial College London

Joel West

KGI - Keck Graduate Institute

Date Written: 2014

Abstract

In this chapter, we investigate how firms work with universities in the course of their innovation activities. We provide an overview of three main modes of direct interaction between firms and universities: IP licensing, research services and research partnerships. We outline the main characteristics of each mode, its relative importance for firms as well as benefits and challenges. While licensing remains an important mode in which public research finds its way into firms laboratories, we highlight the significant role of relationship-based modes of interaction which include research services and research partnerships ­ between firms and universities. While some of these relationship-based interactions enable appropriation via intellectual property rights, others are more aligned with the norms of open science and create benefits for firms by generating basic knowledge, creating skills and enabling follow-on innovation. We conclude with open questions for future research.

Keywords: universities, innovation, technology transfer, IP, open innovation

Suggested Citation

Perkmann, Markus and West, Joel, Open Science and Open Innovation: Sourcing Knowledge from Universities (2014). Perkmann, M and West J (2014) Open science and open innovation: Sourcing knowledge from universities. In Link, AN, Siegel, DS and Wright, M (eds): The Chicago Handbook of University Technology Transfer and Academic Entrepreneurship, Chicago: University of Chicago Press, pp. 41-74. . Available at SSRN: https://ssrn.com/abstract=2133397

Markus Perkmann (Contact Author)

Imperial College London ( email )

Business School
London SW7 2AZ, DC SW7 2AZ
United Kingdom

Joel West

KGI - Keck Graduate Institute ( email )

535 Watson Drive
Claremont, CA 91711
United States
909-293-8550 (Phone)

HOME PAGE: http://www.joelwest.org/KGI

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