Document Type

Article

Publication Date

12-2017

College

College of Business Administration

Department

Management and Marketing

Abstract

Emerging Research Institution (ERls) can benefit from patent licensing revenues from the transfer f patented technologies into the commercial marketplace because these added revenues can help research institutions become more sustainable financially. However, many ERls struggle to succeed in technology transfer. This study describes the development of a university technology transfer supply chain network sustainability tool that private and public ERls can use to become more self-reliant financially. Historically black colleges and universities (HBCUs) are ERls and are used as a case study. HBCUs lag behind their peer non-HBCUs because historically they have been under-served and were originally established largely as teaching and blue-collar trade schools. Some doctoral HBC Us desire to strengthen their research activities. Systems dynamics is the process of combining the theory, method, and philosophy necessary to analyze the behavior of a system in order to provide a common foundation that can be applied whenever it is desired to understand and influence how things change over time. Applying the systems dynamics approach, a budget resource planning tool was developed using a linear programming optimization technique. This study illustrates that classic industrial uses of linear programming optimization techniques can uniquely be used to optimize budget resource planning for sustainable HBCU supply chain networks and other emerging research institutions. This study contributes to the improved execution of technology transfer projects through better budget resource planning.

Keywords

technology transfer, research, R&D, budget resource planning, linear programming, patents, commercialization, supply chain networks

Publication Title

IEEE Engineering Management Review

Volume

45

Issue

4

DOI

doi: 10.1109/EMR.2017.2768505

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