Royalty sharing and technology licensing in universities

Saul Lach*, Mark Schankerman

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

117 Scopus citations


Using data for 102 U.S. universities, we show that royalty-sharing arrangements (cash flow rights) vary substantially across universities and that they are largely unrelated to most observed university characteristics including faculty size, quality, research funding, technology mix of the faculty, and size of the technology licensing office. However, higher inventorś royalty shares are associated with higher licensing income at the university, controlling for other factors. The results suggest that monetary incentives from inventions have real effects in the university sector.

Original languageAmerican English
Pages (from-to)252-264
Number of pages13
JournalJournal of the European Economic Association
Issue number2-3
StatePublished - 1 Apr 2004


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