Values and competencies in the commercialisation process of university intellectual property

Sabri , Mohamad Sharif (2015) Values and competencies in the commercialisation process of university intellectual property. PhD thesis, UKM.

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Abstract

Despite the presence of strong financial and legal atmosphere supporting commercialisation activities, there was a lack of success in commercialisation of the intellectual properties in universities. Lack of understanding of the role played by values and competencies of the individuals and organisations involved in the commercialisation process is perhaps one of the reasons that contributes to this situation. This study offers a values-competencies framework that explains the success and failure of university-led commercialisation by combining theories of innovation, psychology, management, and law. The objective of this study is to fill the gap in existing literatures on intellectual property commercialisation by explaining the role of values and competencies of individuals and organisations in influencing commercialisation in universities. Under the broader umbrella of qualitative case study using four cases, two successful and two unsuccessful commercialisation projects from Universiti Kebangsaan Malaysia, the study employed in-depth interviews using semistructured protocol to collect data from researchers, pre-commercialisation officers, technology transfer officers, and industry representatives. The study found that the values-competencies framework offers an in-depth understanding on the intellectual property commercialisation in university. A successful university intellectual property commercialisation is process-dependent. It requires an extensive understanding of the involvement of the individuals and organisations in different stages of commercialisation process, which was not emphasised in existing studies on commercialisation of university-led intellectual property. Among the nine values studied, entrepreneurial mindset has been found to be the most important value supporting the successful commercialisation on intellectual property. Other than that, a risk-taking, self-directed, and broad-minded individual supports also a successful commercialisation. University and industry with a strong research tradition and benevolence also contribute to the success of commercialisation process. Sector-specific competencies, ability to collaborate with others involved, leadership quality, and ability to carry out responsibility could also lead to a successful commercialisation. The study introduces a values-competencies-based commercialisation framework and contributes to the existing literatures on university-led intellectual property commercialisation process. The values-competencies-based framework has given a breakthrough by integrating the theory of social and private rights, the stage gate process, theories on values, and entrepreneurship to explain the success and failure of a commercialisation process in universities. The study found a new breed of individuals engaged in the commercialisation process in universities that hold commercialisation-friendly values and competencies. The emergent values-competencies framework can be considered in establishing a structured commercialisation process and to monitor commercialisation performance of individuals. The emergent framework could also be utilised as a guide in setting up a university incentive and promotion policies and in defining the role of innovation and teaching in universities, in ensuring effective utilisation of valuable national resources, and in reducing the commercialisation costs. This is especially important for a country like Malaysia where the percentage of research and development expenditure is far below the minimum amount spent by the neighbouring developed countries. The emergent framework can also help industries to choose universities with appropriate values and competencies to work on their research projects. Consequently, the university can specify their focus, set their strategies, maximise their capacity utilisation, and increase revenue from their research.

Item Type: Thesis (PhD)
Uncontrolled Keywords: intellectual property, right of property
Subjects: K Law > K Law (General)
Divisions: Library > Tesis > PBPI
Library > Disertasi > PBPI
Depositing User: Noor Rahman Jamiah Jalil
Date Deposited: 19 Nov 2015 00:39
Last Modified: 19 Nov 2015 00:39
URI: http://eprints.utem.edu.my/id/eprint/15289
Statistic Details: View Download Statistic

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