There exists serious information asymmetry and uncertainty in the process of university technology transfer, so leads to the possibility of occurrence of moral hazard. Based on the study of the technology licensing contract by predecessors, the author intends to make a analysis on the behavior of inventor in the technology transfer model of start-ups, then makes a comparative studies. He believes that the technology transfer mode of start a business ensures the inventor’s dividend distribution of residual claims, while not influences the total revenue of investors and production decisions, which can be a better solution to the moral risk, relative to technology licensing bonus mode.