Factors for Successful Commercialisation of University Research by Technology Transfer Offices: A New Zealand Perspective

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dc.contributor.advisor Shepherd, D en
dc.contributor.author Bhana, Priya en
dc.date.accessioned 2016-07-26T22:28:28Z en
dc.date.issued 2016 en
dc.identifier.citation 2016 en
dc.identifier.uri http://hdl.handle.net/2292/29618 en
dc.description Full text is available to authenticated members of The University of Auckland only. en
dc.description.abstract Traditionally universities strive to achieve their two core missions, research and education. However another mission, commercialisation, has emerged over recent decades. This third mission enables knowledge to be transferred out of the university with a commercial orientation, in order to provide a range of social and economic benefits to society. This led to the introduction of technology transfer offices (TTOs) that sit on the interface between university and industry and conduct commercial activities on behalf of the university. Extensive literature surrounds TTOs including factors that influence university technology transfer (UTT) and success. However, most of these studies are conducted in countries other than New Zealand and thus the technology transfer literature lacks a New Zealand perspective. This research investigated factors that influence successful commercialisation by TTOs in New Zealand and strategies implemented to address such factors. An explorative qualitative approach was used and data was collected through the implementation of semi-structured interviews on seven New Zealand TTO directors. Data analysis led to three primary findings. Firstly, factors that negatively influence successful commercialisation stem from two of the triple helix stakeholders, industry and university. It was suggested that the two most emphasised barriers, lack of funding and poor industry engagement, were caused by the lack of scale of the New Zealand ecosystem. Secondly, all TTO directors defined success as the ability to get a project to a ‘deal ready’ stage and then concluding a deal. Additionally they reported several success factors as well as metrics used to measure success. Thirdly, strategies implemented to address the reported influencing factors target three core areas: resources, reputation and relationships. The results of this research contribute to the academic conversation by providing a New Zealand perspective to current UTT literature and thus reducing speculation about the technology transfer space in New Zealand. Practical implications of this research include informing policy makers and/or strategists of the key areas that influence TTO directors, in order to target and promote effective technology transfer in New Zealand. This study also provides a basis for future research in the following areas. For example, investigating factors that influence other stakeholders such as academics or industry leaders may help form a more comprehensive understanding of UTT in New Zealand. Secondly, further research into success measures may help develop a success matrix for the evaluation of New Zealand UTT. en
dc.publisher ResearchSpace@Auckland en
dc.relation.ispartof Masters Thesis - University of Auckland en
dc.relation.isreferencedby UoA99264865390002091 en
dc.rights Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. en
dc.rights Restricted Item. Available to authenticated members of The University of Auckland. en
dc.rights.uri https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm en
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/nz/ en
dc.title Factors for Successful Commercialisation of University Research by Technology Transfer Offices: A New Zealand Perspective en
dc.type Thesis en
thesis.degree.discipline Bioscience Enterprise en
thesis.degree.grantor The University of Auckland en
thesis.degree.level Masters en
dc.rights.holder Copyright: The Author en
pubs.elements-id 536362 en
pubs.record-created-at-source-date 2016-07-27 en
dc.identifier.wikidata Q112923319

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