Over the last 30 years, high-income economies have sought to maximize the benefits of publicly-funded research to accelerate knowledge transfer and entrepreneurship and to fuel innovation and economic growth. As a consequence, universities and public research organizations (PROs) in these countries are becoming more strongly business-focused.
In light of the perceived benefits of strengthening university-industry links, particularly in terms of stimulating innovation and promoting technology transfer, many middle- and low-income economies are adopting similar approaches. This is causing analysts to look more closely at these policies.
- Can they be readily exported from one setting to another?
- Is university patenting an efficient driver of business innovation?
- What is the impact of such policies in terms of economic growth and knowledge generation?
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