Structuring Public–Private Research Partnerships for Success

Download or read book Structuring Public–Private Research Partnerships for Success written by Gordon Rausser and published by Edward Elgar Publishing. This book was released on 2016-09-30 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: As funding for universities and governmental research units has declined, these institutions have turned to the private sector to augment their research and development budgets. This book presents a framework for structuring public-private research partnerships that protect both these institutions’ academic freedom and the private firm’s corporate interests. This formulation is developed using insights originating from the incomplete contracting and collective decision making literatures. The book presents a number of template designs for a variety of research partnerships.