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Synergies or Trade-Offs in University Life Sciences Research

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Author Info
Jeremy D. Foltz
Bradford L. Barham
Kwansoo Kim
Abstract

Major legislative, legal, and technological changes paved the way for a period of remarkable growth in the patenting of life science research by U.S. universities in the 1980s and 1990s. Using a multiple-output cost framework and two decades of panel data on ninety-six universities, this article examines whether economies of scope and/or scale are present in university production of three major life science research outputs: journal articles, patents, and doctorates. The results show strong evidence of economies of scale in life science research production with mixed evidence of economies of scope between articles and patents. Copyright 2007 American Agricultural Economics Association.

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Article provided by American Agricultural Economics Association in its journal American Journal of Agricultural Economics.

Volume (Year): 89 (2007)
Issue (Month): 2 (05)
Pages: 353-367
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Handle: RePEc:bla:ajagec:v:89:y:2007:i:2:p:353-367

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  1. Barham, Bradford L. & Foltz, Jeremy D., 2007. "Patenting, Commercialization, and US Academic Research in the 21st Century: The Resilience of Basic, Federally-Funded Open Science," Staff Paper Series 513, University of Wisconsin, Agricultural and Applied Economics. [Downloadable!]
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This page was last updated on 2009-11-27.


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