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  • 标题:Design on the Incentive Contract of University Achievements Commercialization Offices Based on Principal-Agent Theory
  • 本地全文:下载
  • 作者:Meifang Li ; Yongxiang Zhao ; Feng Shi
  • 期刊名称:Journal of Service Science and Management
  • 印刷版ISSN:1940-9893
  • 电子版ISSN:1940-9907
  • 出版年度:2010
  • 卷号:3
  • 期号:1
  • 页码:78-83
  • DOI:10.4236/jssm.2010.31009
  • 出版社:Scientific Research Publishing
  • 摘要:Based on principal-agent theory, an incentive contract model of university achievements commercialization offices (UACO) was constructed in this paper, and an optimal incentive contract between university and UACO was researched into. The conclusion indicates that many factors, such as working ability, working willingness, risk aversion degree of UACO, as well as the outside uncertain factors and so on, have important influences on the contract design. The efficiency of commercialization of university inventions has a squared forward growth relation with working ability, a direct proportion with working willingness, and has an inverse proportion with risk aversion degree of UACO and with outside uncertainty. Additionally, the level of hard working of UACO under the condition of information asymmetry is strictly less than that of information symmetry.
  • 关键词:University Achievements Commercialization Offices (UACO); Achievements Commercialization; Principal-agent; Incentive Contract
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