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This study examines the preliminary results of patenting and licensing activities in Taiwanese Higher Education Institutions (HEIs) from 1997 to 2001. We propose a framework to analyse the influence of a university's internal Intellectual Property Right (IPR) management and external research partnerships on creating income through patenting and licensing. Through a postal questionnaire survey, all 122 HEIs in Taiwan were surveyed. The empirical results demonstrate that internalised IPR management capability and external research partnerships have substantially increased the amount of academic patents and licensing income. The paper reveals that the relation between external research partnership and patterns of academic licensing is moderated by industry research funding, towards more domestic and partner-oriented licensing. This has crucial policy implications for enhancing effective national triple-helix interactions