University-Industry Technology Transfer in India: a Plausible Model Based on Success Stories from the USA, Japan, and Israel

Abstract

AbstractPatenting and technology commercialization activities are rapidly gaining momentum in Indian academia. Currently, there is paucity of data suggesting technology commercialization activities among Indian academia. This study aims to examine issues regarding technology commercialization among Indian academics. The objectives of this study are to (1) understand the policy implications of university-industry technology transfer and (2) propose a conceptual model for technology transfer suitable for Indian scenario. The data included for our analysis is drawn from our previous study of 25 Indian Universities. The orientation of the paper is as follows: “Literature Review” is subdivided into two sub-sections — “Policies Implemented for Leveraging Successful Academic Research Commercialization in the USA, Japan, and Israel” and “University Research Commercialization — Case Studies of Universities in the USA, Japan, and Israel” are presented. “Methodology” deals with the methodology used for the study. “Discussion” is further subdivided into three sections — “Analysis and Comparisons of Policy Implications on University-Industry Technology Transfer,” “Practice of Academic Technology Transfer in Indian Universities/Institutes,” and “Conceptual Model Recommended for University-Industry Tech Commercialization in India.” “Conclusion” concludes the topic. The current practices of academia-industry knowledge commercialization in India are limited, and the paper is an attempt to propose a suitable model to encourage commercialization activities by Indian universities.