Today, universities around the world find themselves going beyond
the traditional roles of research and teaching to drive the
development of local economies through collaborations with
industry. At a time when regions with universities are seeking best
practices among their peers, Shiri M. Breznitz argues against the
notion that one university's successful technology transfer model
can be easily transported to another. Rather, the impact that a
university can have on its local economy must be understood in
terms of its idiosyncratic internal mechanisms, as well as the
state and regional markets within which it operates.
To illustrate her argument, Breznitz undertakes a comparative
analysis of two universities, Yale and Cambridge, and the different
outcomes of their attempts at technology commercialization in
biotech. By contrasting these two universities--their unique
policies, organizational structure, institutional culture, and
location within distinct national polities--she makes a powerful
case for the idea that technology transfer is dependent on highly
variable historical and environmental factors. Breznitz highlights
key features to weigh and engage in developing future university
and economic development policies that are tailor-made for their
contexts.
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