Structuring public-private research partnerships for success empowering university partners

University research has played an essential role in economic growth by generating public good outputs that have not readily lent themselves to private market development. As funding for universities and governmental research units has declined, these institutions have turned to the private sector to...

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Bibliographic Details
Main Author: Rausser, Gordon C.
Other Authors: Ameden, Holly, Stevens, Reid
Format: eBook
Language:English
Published: Northampton, MA Edward Elgar Pub. 2016, c. 2016
Subjects:
Online Access:
Collection: Edward Elgar eBook Archive - Collection details see MPG.ReNa
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245 0 0 |a Structuring public-private research partnerships for success  |h Elektronische Ressource  |b empowering university partners  |c Gordon C. Rausser, Holly Ameden, Reid Stevens 
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300 |a 320 p.  |b ill 
505 0 |a Includes bibliographical references and index 
505 0 |a the changing landscape -- 2. The scientific research process -- 3. Public good versus private good research: the empirical evidence -- 4. Crowding-in versus crowding-out of public good research -- 5. Knowledge creation and the research and development process -- 6. PPRPs: the benefits and risks of the bargain -- 7. Governance structures and collective decision making -- 8. Incomplete contracts and control premiums -- 9. Impure goods and the structure of contracts -- 10. The structural setting: the stages of research and development -- 11. Lessons and recommendations 
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700 1 |a Stevens, Reid 
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520 |a University research has played an essential role in economic growth by generating public good outputs that have not readily lent themselves to private market development. As funding for universities and governmental research units has declined, these institutions have turned to the private sector to augment their research and development budgets. This book presents a framework for structuring public-private research partnerships that protect both these institutions' academic freedom and the private firm's corporate interests. The authors present a four-stage framework that recognizes the critical role of 'control rights' and reveals how these rights can be effectively identified, valued, and allocated between research partners. The book provides a number of template designs for a variety of research partnerships, including tactics and strategies for implementing successful public-private research partnerships. It further provides case studies with examples of both successful and unsuccessful research partnerships. The book demonstrates that universities are empowered when they pursue private partners actively and when contracts preserve academic freedom, address confidentiality, specify intellectual property rights, define access to proprietary data, clarify the conflict resolution process, and address potential publication delays. This book is an essential and illuminating resource for academic researchers in economics and public policy departments, technology transfer offices, as well as others involved in university and public administration