Home » Business » University Technology Transfer and Societal Challenges During COVID-19

University Technology Transfer and Societal Challenges During COVID-19

by Priya Shah – Business Editor

adapting for Dual Impact:‍ How University Technology ⁢Transfer Offices Became More Ambidextrous During the COVID-19 Pandemic

Traditionally, research on University Technology Transfer​ Offices (UTTOs) has⁣ heavily emphasized their ⁢role in ​fostering economic advancement through technology commercialization. However, ⁢comparatively ‍little attention has been given to⁣ their potential contributions​ to social impact. This study investigates how UTTOs evolved‍ into more ambidextrous organizations – capable of simultaneously pursuing ⁢both economic‍ and ⁤social goals ‍- specifically during the disruptive period of the COVID-19 pandemic. The research focuses on identifying the dynamic capabilities and strategies UTTOs needed ‌to develop or adjust to effectively ⁤address ‌complex societal challenges.

An exploratory qualitative approach⁣ was employed, involving semi-structured interviews with 20 ⁢officials from UTTOs⁢ located in universities across Europe, North ‍America, and latin America. Thes⁢ interviews were conducted between 2020‍ and ‍2021. Findings revealed that UTTOs responded to the crisis by ​reconfiguring their existing dynamic capabilities and⁣ adopting more inclusive ‍ strategies. These included⁢ implementing flexible intellectual property (IP) models, promoting inclusive ‌technology⁣ transfer practices, ⁤and⁤ utilizing​ new metrics ⁢that incorporated measures of⁣ social value alongside traditional financial returns.

These adaptations‍ proved crucial in​ facilitating‌ the rapid translation of impactful technologies to meet pressing societal ​needs during the pandemic. The study proposes a theoretical framework centered on the dynamic capabilities of sensing, seizing, ⁤and transforming to explain how UTTOs can effectively align economic and social ⁤objectives. This ⁣framework‍ highlights ​the importance of translating knowledge-creation‍ processes into discoveries that address both social​ needs and financial opportunities.

Ultimately, the research underscores the emergence of ambidextrous UTTOs, demonstrating ‌a shift towards organizations ‍focused on simultaneously⁤ driving both‌ economic and social impact. This ‌study contributes to a growing understanding of how UTTOs can broaden their scope and become vital players in addressing global challenges.

Keywords: University technology transfer offices, ‌Dynamic capabilities, COVID-19 pandemic, ⁢Social​ entrepreneurship, Academic Entrepreneurship, Cross-cultural⁤ comparisons.

Publication Details: This​ research ⁣was published as an‍ article in Journal of Technology Transfer, Volume 49, Issue ⁣6,‍ pages 2135-2158 (2024). DOI: 10.1007/s10961-024-10120-7. (SCOPUS ​ID: 85200111659)

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.