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Is commercialization good or bad for science? Individual-level evidence from the Max Planck Society

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  • Buenstorf, Guido

Abstract

Based on new data, this paper studies the invention disclosure, licensing, and spin-off activities of Max Planck Institute directors over the time period 1985-2004, analyzing their effects on the scientists' subsequent publication and citation records. Consistent with prior findings, inventing does not adversely affect research output. Mixed results are obtained with regard to commercialization activities. The analysis suggests qualifications to earlier explanations of positive relationships between inventing and publishing.

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File URL: http://www.sciencedirect.com/science/article/B6V77-4V995R9-1/2/043227dbea6600ffc40740a358019364
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Bibliographic Info

Article provided by Elsevier in its journal Research Policy.

Volume (Year): 38 (2009)
Issue (Month): 2 (March)
Pages: 281-292

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Handle: RePEc:eee:respol:v:38:y:2009:i:2:p:281-292

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Web page: http://www.elsevier.com/locate/respol

Related research

Keywords: Public research Commercialization Technology transfer Licensing Spin-off entrepreneurship;

References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Francesco Lissoni & Patrick Llerena & Maureen McKelvey & Bulat Sanditov, 2008. "Academic Patenting in Europe: New Evidence from the KEINS Database," Working Papers of BETA 2008-16, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  2. Robert Lowe & Claudia Gonzalez-Brambila, 2007. "Faculty Entrepreneurs and Research Productivity," The Journal of Technology Transfer, Springer, vol. 32(3), pages 173-194, June.
  3. Gustavo A. Crespi & Aldo Geuna & Bart Verspagen, 2007. "University IPRs and Knowledge Transfer. Is the IPR ownership model more efficient?," ICER Working Papers 02-2007, ICER - International Centre for Economic Research.
  4. Mario Calderini & Chiara Franzoni & Andrea Vezzulli, 2007. "The Unequal Benefits of Academic Patenting for Science and Engineering Research," KITeS Working Papers 203, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Oct 2007.
  5. Fiona E. Murray & Scott Stern, 2007. "Do Formal Intellectual Property Rights Hinder the Free Flow of Scientific Knowledge?: An Empirical Test of the Anti-Commons Hypothesis," NBER Chapters, in: Academic Science and Entrepreneurship: Dual Engines of Growth National Bureau of Economic Research, Inc.
  6. Paula Stephan & Shiferaw Gurmu & Albert Sumell & Grant Black, 2007. "Who'S Patenting In The University? Evidence From The Survey Of Doctorate Recipients," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(2), pages 71-99.
  7. Dirk Czarnitzki & Wolfgang Gl�nzel & Katrin Hussinger, 2007. "Patent and publication activities of German professors: an empirical assessment of their co-activity," Research Evaluation, Oxford University Press, vol. 16(4), pages 311-319, December.
  8. Jerry G. Thursby & Marie C. Thursby, 2004. "Are Faculty Critical? Their Role in University-Industry Licensing," Contemporary Economic Policy, Western Economic Association International, vol. 22(2), pages 162-178, 04.
  9. Fabrizio, Kira R. & Di Minin, Alberto, 2008. "Commercializing the laboratory: Faculty patenting and the open science environment," Research Policy, Elsevier, vol. 37(5), pages 914-931, June.
  10. Paula E. Stephan, 1996. "The Economics of Science," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1199-1235, September.
  11. Marie Thursby & Richard Jensen, 2001. "Proofs and Prototypes for Sale: The Licensing of University Inventions," American Economic Review, American Economic Association, vol. 91(1), pages 240-259, March.
  12. Mowery, David C. & Nelson, Richard R. & Sampat, Bhaven N. & Ziedonis, Arvids A., 2001. "The growth of patenting and licensing by U.S. universities: an assessment of the effects of the Bayh-Dole act of 1980," Research Policy, Elsevier, vol. 30(1), pages 99-119, January.
  13. Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
  14. Murray, Fiona & Stern, Scott, 2007. "Do formal intellectual property rights hinder the free flow of scientific knowledge?: An empirical test of the anti-commons hypothesis," Journal of Economic Behavior & Organization, Elsevier, vol. 63(4), pages 648-687, August.
  15. Stefano Breschi & Francesco Lissoni & Fabio Montobbio, 2006. "University patenting and scientific productivity. A quantitative study of Italian academic inventors," KITeS Working Papers 189, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Nov 2006.
  16. Egeln, Jürgen & Gottschalk, Sandra & Rammer, Christian & Spielkamp, Alfred, 2002. "Spinoff-Gründungen aus der öffentlichen Forschung in Deutschland: Kurzfassung ; Gutachten für das Bundesministerium für Bildung und Forschung," ZEW Dokumentationen 03-02, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  17. Nicolas Carayol, 2007. "Academic Incentives, Research Organization And Patenting At A Large French University," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(2), pages 119-138.
  18. Meyer, Martin, 2006. "Are patenting scientists the better scholars?: An exploratory comparison of inventor-authors with their non-inventing peers in nano-science and technology," Research Policy, Elsevier, vol. 35(10), pages 1646-1662, December.
  19. Geuna, Aldo & Nesta, Lionel J.J., 2006. "University patenting and its effects on academic research: The emerging European evidence," Research Policy, Elsevier, vol. 35(6), pages 790-807, July.
  20. Zoe Fewell & Frederick Wolfe & Hyon Choi & Miguel A. Hernán & Kate Tilling & Jonathan A. C. Sterne, 2004. "Controlling for time-dependent confounding using marginal structural models," Stata Journal, StataCorp LP, vol. 4(4), pages 402-420, December.
  21. Levin, Sharon G & Stephan, Paula E, 1991. "Research Productivity over the Life Cycle: Evidence for Academic Scientists," American Economic Review, American Economic Association, vol. 81(1), pages 114-32, March.
  22. Van Looy, Bart & Callaert, Julie & Debackere, Koenraad, 2006. "Publication and patent behavior of academic researchers: Conflicting, reinforcing or merely co-existing?," Research Policy, Elsevier, vol. 35(4), pages 596-608, May.
  23. Sampat, Bhaven N., 2006. "Patenting and US academic research in the 20th century: The world before and after Bayh-Dole," Research Policy, Elsevier, vol. 35(6), pages 772-789, July.
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Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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Cited by:
  1. Katalin Erdõs & Attila Varga, 2009. "The Academic Entrepreneur: Myth or Reality for Increased Regional Growth in Europe?," Working Papers 2009/7, University of Pécs, Department of Economics and Regional Studies, revised Dec 2009.
  2. Albert Banal-Estañol & Inés Macho-Stadler & David Pérez-Castrillo, 2011. "Research Output from University-Industry Collaborative Projects," Working Papers 539, Barcelona Graduate School of Economics.
  3. Michael Fritsch & Stefan Krabel, 2012. "Ready to leave the ivory tower?: Academic scientists’ appeal to work in the private sector," The Journal of Technology Transfer, Springer, vol. 37(3), pages 271-296, June.
  4. Rentocchini, Francesco & D'Este, Pablo & Manjarrés-Henríquez, Liney & Grimaldi, Rosa, 2014. "The relationship between academic consulting and research performance: Evidence from five Spanish universities," International Journal of Industrial Organization, Elsevier, vol. 32(C), pages 70-83.
  5. Hugo Pinto, 2011. "Knowledge Transfer in the Mirror: Reflections on the Determinants of Research Groups and Companies Collaborative Patterns within Andalusia's Regional Innovation System," ERSA conference papers ersa11p212, European Regional Science Association.
  6. Lettice, Fiona & Smart, Palie & Baruch, Yehuda & Johnson, Mark, 2012. "Navigating the impact-innovation double hurdle: The case of a climate change research fund," Research Policy, Elsevier, vol. 41(6), pages 1048-1057.
  7. Guido Buenstorf & Matthias Geissler, 2009. "Not invented here: Technology licensing, knowledge transfer and innovation based on public research," Papers on Economics and Evolution 2009-20, Max Planck Institute of Economics, Evolutionary Economics Group.
  8. Haeussler, Carolin & Colyvas, Jeannette A., 2011. "Breaking the Ivory Tower: Academic Entrepreneurship in the Life Sciences in UK and Germany," Research Policy, Elsevier, vol. 40(1), pages 41-54, February.
  9. Czarnitzki, Dirk & Rammer, Christian & Toole, Andrew A., 2013. "University spinoffs and the 'performance premium'," ZEW Discussion Papers 13-004, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  10. Varga, Attila & Erdős, Katalin, 2010. "Az egyetemi vállalkozó - legenda vagy valóság az európai regionális fejlődés elősegítésére?
    [University entrepreneurs - legend or fact in aiding European regional development?]
    ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 457-472.
  11. René Carraz, 2013. "Academic patenting and the scientific enterprise: Lessons from a Japanese university," Working Papers of BETA 2013-12, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
  12. Alexander Schacht, 2012. "Commercializing inventions from public research: Does speed matter?," Jena Economic Research Papers 2012-026, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.

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