Structuring Public–Private Research Partnerships for Success
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Structuring Public–Private Research Partnerships for Success

Empowering University Partners

Gordon Rausser, Holly Amedon and Reid Stevens

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. This formulation is developed using insights originating from the incomplete contracting and collective decision making literatures. The book presents a number of template designs for a variety of research partnerships.
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Chapter 3: Public good versus private good research: The empirical evidence

Gordon Rausser, Holly Amedon and Reid Stevens

Abstract

The relationships between public and private research and development investments are investigated. The literature on joint efforts by university researchers and private firms to commercialize academic research is assessed, distinguishing the core elements of research orientation, research productivity, and value creation.

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