David Hsu, Management, The Wharton School
Abstract: Most of the prior research on the topic of commercializing academic science approaches the topic from the supply side (innovations from academic institutions and scientists). The needs and behavior of firms are rarely considered in this literature. We aim to do so by using a variety of data sources, both proprietary and public, to characterize technologies and situations in which firms are likely to license academic science. Doing so will also affect startup formation to commercialize such technologies, an increasingly important commercialization avenue.