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THE IMPACT OF ACADEMIC PATENTING ON THE RATE, QUALITY AND DIRECTION OF (PUBLIC) RESEARCH OUTPUT -super-*

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  • PIERRE AZOULAY
  • WAVERLY DING
  • TOBY STUART
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    Abstract

    We examine the influence of faculty patenting on the rate, quality, and content of public research outputs in a panel dataset of 3,862 academic life scientists. Using inverse probability of treatment weights (IPTW) to account for self-selection into patenting, we find that patenting has a positive effect on the rate of publications and a weak positive effect on the quality of these publications. We also find that patenters may be shifting their research focus to questions of commercial interest. We conclude that the often voiced concern that patenting in academe has a nefarious effect on public research output is misplaced. Copyright 2009 The Authors. Journal compilation 2009 Blackwell Publishing Ltd. and the Editorial Board of The Journal of Industrial Economics.

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal The Journal of Industrial Economics.

    Volume (Year): 57 (2009)
    Issue (Month): 4 (December)
    Pages: 637-676

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    Handle: RePEc:bla:jindec:v:57:y:2009:i:4:p:637-676

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-1821

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    Cited by:
    1. Albert Banal-Estañol & Inés Macho-Stadler & David Pérez-Castrillo, 2011. "Research output from university-industry collaborative projects," Working Papers 2011/23, Institut d'Economia de Barcelona (IEB).
    2. Hottenrott, Hanna & Thorwarth, Susanne, 2011. "Industry funding of university research and scientific productivity," ZEW Discussion Papers 10-105 [rev.], ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    3. Berna Beyhan & M. Teoman Pamukçu & Erkan Erdil, 2011. "Individual and Organizational Aspects of University-Industry Relations in Nanotechnology: The Turkish Case," STPS Working Papers 1106, STPS - Science and Technology Policy Studies Center, Middle East Technical University, revised Jun 2011.
    4. Malwina Mejer, 2011. "Entrepreneurial Scientists and their Publication Performance. An Insight from Belgium," Working Papers ECARES ECARES 2011-017, ULB -- Universite Libre de Bruxelles.

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