From knowledge to impact. An investigation of the commercial outcomes of academic engagement with industry

The multifaceted issues regarding university-industry relations are an increasing focus of attention of both scholars and practitioners, as a means of enhancing current knowledge transfer practices and policies. One of the central questions is whether and how the mechanisms underlying different types of university-industry collaborations (collaborative research, contract research, consulting) influence universities’ research commercialisation outcomes (patenting, licensing, spin-off generation). Results of six negative binomial models in Generalized Estimating Equations based on longitudinal panel data on Italian universities, reveal that while collaborative research with industry leads to an increase in patenting activities and spin-off generation, contract research and consulting boost licensing opportunities. Results also reveal complementarities between different types of university-industry linkages, fostering all the types of research commercialisation outcomes. Managerial and policy implications are discussed at the end of this paper.