The Journal of Technology Transfer

, Volume 44, Issue 5, pp 1529–1546 | Cite as

Technology transfer with search intensity and project advertising

  • Giorgio Calcagnini
  • Germana GiombiniEmail author
  • Paolo Liberati
  • Giuseppe Travaglini


We present a model where technology transfer (TT) is embedded into a non cooperative model of utility and profit maximization and is the result of an endogenous matching process between technology transfer offices and innovative firms. We show that TT strictly depends on the costs of searching researchers and firm advertising for vacant projects. In this scenario, technology progress might be excessively low if technology transfer offices search for project matches too much intensively. The result occurs because both sides of the market ignore the externalities of their decisions. Complementarity or substitutability between the tightness in the TT market and the technology stock are both potential equilibrium outcomes.


Technology transfer Matching Externalities 

JEL Classification

O31 O32 

Supplementary material

10961_2018_9667_MOESM1_ESM.pdf (180 kb)
Supplementary material 1 (pdf 179 KB)


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Authors and Affiliations

  1. 1.Department of Economics, Society and PoliticsUniversità di Urbino Carlo BoUrbinoItaly
  2. 2.Mo.Fi.RAnconaItaly
  3. 3.Department of EconomicsUniversità degli Studi di Roma TreRomeItaly

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