University-industry partnerships for the provision of R&D services

Technology Transfer Offices (TTOs) are the main institutions responsible for the establishment of university-industry partnerships. R&D contracts exemplify the indirect mechanisms through which enterprises and universities collaborate on a win-win basis. This study addresses organizational and institutional aspects that act as drivers for the establishment of successful university-industry partnerships. First, a series of regression models explain the determinants of R&D contracts. These models include two main dimensions: the university and the technology transfer office. Second, further analysis empirically explores whether universities in regions with a favorable environment enjoy greater active involvement in this particular knowledge transfer mechanism. The empirical study analyzes 2010 data for Spanish public universities. Results indicate that successful R&D contracts depend on university and TTO characteristics, and the university's location. The paper also presents a set of managerial implications for improving the establishment of university-industry partnerships. (C) 2015 Elsevier Inc. All rights reserved.