“…The so-called "out-the-door" criterion focuses on whether a technology has been converted to some kind of transfer mechanism, such as a license, which another party has acquired. 186 This criterion, however, does not inquire into what the receiving entity does with the technology, and in the absence of technology-related tacit knowledge, it may not be able to do much at all. Second, the importance of tacit knowledge flows helps explain a distinctive characteristic of university-industry technology transfer: its highly localized nature.…”