Commercialization of Co-patents in Chinese Universities

Abstract

Based on the reality of joint patent application, this research focus on the relationship between the commercialization of patents in universities and whether to cooperate with external organizations, exploring the impact of cooperative application behavior on patent commercialization. We took the time for patent commercialization into the model and proved that there is a significant positive relationship between the commercialization of patents in universities and cooperation with external organizations by using the Chinese university-patents data through the Cox proportional hazard. But universities-enterprises application jointly limits the commercialization of university patents to some extent. On this basis, we further explored the impact of patenting by universities in collaboration with external organizations on specific forms of commercialization The results show that: there is a positive correlation between patent transfer and joint applications, but the correlation of patent license and joint applications is negative; cooperation between universities and enterprises will limit the transfer of universities-patents. Our findings can provide some decision-making advice to universities and patent offices.