Trust Formation in University–Industry Collaborations in the U.S. Biotechnology Industry: IP Policies, Shared Governance, and Champions*,†

Haggling over rights to potential inventions can be a major roadblock to successful university–industry ( UI ) collaborations. Yet such collaborations are critical for innovation in science‐based industries. This study examines the roles of universities' intellectual property ( IP ) policies and of shared governance for trust formation between academe and industry. The study also examines how UI champions moderate this process and how trust...