Divergent paths to commercial science: A comparison of scientists' founding and advising activities
AbstractThis paper investigates the difference in the profiles of university scientists who have founded or advised companies. We analyzed the commercial activities of a sample of 6138 university life scientists and found that the profiles of scientists who become academic entrepreneurs are different from those who become companies' scientific advisors. Founding activity occurs earlier during a scientist's career than advising. Factors such as gender, research productivity, social networks and employer characteristics also differ in their effects on the propensity for founding and advising. In addition, regression analysis shows that being a company's scientific advisor decreases the probability of becoming an academic founder. Overall, evidence from our analysis suggests that founding and advising are two divergent paths for commercially oriented university scientists.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Research Policy.
Volume (Year): 40 (2011)
Issue (Month): 1 (February)
Contact details of provider:
Web page: http://www.elsevier.com/locate/respol
Academic entrepreneurship Scientific advisors Commercial science Competing risks;
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.:
- 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.
- Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
- Stephan, Paula E & Everhart, Stephen S, 1998. " The Changing Rewards to Science: The Case of Biotechnology," Small Business Economics, Springer, vol. 10(2), pages 141-51, March.
- Pierre Azoulay & Waverly Ding & Toby Stuart, 2007. "The Determinants of Faculty Patenting Behavior: Demographics or Opportunities?," NBER Chapters, in: Academic Science and Entrepreneurship: Dual Engines of Growth National Bureau of Economic Research, Inc.
- Colyvas, Jeannette A., 2007. "From divergent meanings to common practices: The early institutionalization of technology transfer in the life sciences at Stanford University," Research Policy, Elsevier, vol. 36(4), pages 456-476, May.
- Balconi, Margherita & Breschi, Stefano & Lissoni, Francesco, 2004. "Networks of inventors and the role of academia: an exploration of Italian patent data," Research Policy, Elsevier, vol. 33(1), pages 127-145, January.
- Stephan, Paula E & Levin, Sharon G, 1996. " Property Rights and Entrepreneurship in Science," Small Business Economics, Springer, vol. 8(3), pages 177-88, June.
- Azoulay, Pierre & Ding, Waverly & Stuart, Toby, 2007. "The determinants of faculty patenting behavior: Demographics or opportunities?," Journal of Economic Behavior & Organization, Elsevier, vol. 63(4), pages 599-623, August.
- Owen-Smith, Jason & Powell, Walter W, 2001. " To Patent or Not: Faculty Decisions and Institutional Success at Technology Transfer," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 99-114, January.
- Scott Shane & Rakesh Khurana, 2003. "Bringing individuals back in: the effects of career experience on new firm founding," Industrial and Corporate Change, Oxford University Press, vol. 12(3), pages 519-543, June.
- Alice Lam, 2007. "Knowledge Networks and Careers: Academic Scientists in Industry-University Links," Journal of Management Studies, Wiley Blackwell, vol. 44(6), pages 993-1016, 09.
- Scott Shane & Toby Stuart, 2002. "Organizational Endowments and the Performance of University Start-ups," Management Science, INFORMS, vol. 48(1), pages 154-170, January.
- Sexton, Donald L. & Bowman, Nancy, 1985. "The entrepreneur: A capable executive and more," Journal of Business Venturing, Elsevier, vol. 1(1), pages 129-140.
- Stuart, Toby E. & Ozdemir, Salih Zeki & Ding, Waverly W., 2007. "Vertical alliance networks: The case of university-biotechnology-pharmaceutical alliance chains," Research Policy, Elsevier, vol. 36(4), pages 477-498, May.
- Jerry G. Thursby & Marie C. Thursby, 2002.
"Who Is Selling the Ivory Tower? Sources of Growth in University Licensing,"
INFORMS, vol. 48(1), pages 90-104, January.
- Jerry G. Thursby & Marie C. Thursby, 2000. "Who is Selling the Ivory Tower? Sources of Growth in University Licensing," NBER Working Papers 7718, National Bureau of Economic Research, Inc.
- Jain, Sanjay & George, Gerard & Maltarich, Mark, 2009. "Academics or entrepreneurs? Investigating role identity modification of university scientists involved in commercialization activity," Research Policy, Elsevier, vol. 38(6), pages 922-935, July.
- S. Redner, 1998. "How popular is your paper? An empirical study of the citation distribution," The European Physical Journal B - Condensed Matter and Complex Systems, Springer, vol. 4(2), pages 131-134, July.
- Scott Shane & Daniel Cable, 2002. "Network Ties, Reputation, and the Financing of New Ventures," Management Science, INFORMS, vol. 48(3), pages 364-381, March.
- Kenney, Martin & Richard Goe, W., 2004. "The role of social embeddedness in professorial entrepreneurship: a comparison of electrical engineering and computer science at UC Berkeley and Stanford," Research Policy, Elsevier, vol. 33(5), pages 691-707, July.
- Fiona Murray & Leigh Graham, 2007. "Buying science and selling science: gender differences in the market for commercial science," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 657-689, August.
- Sauermann, Henry & Roach, Michael, 2013. "Increasing web survey response rates in innovation research: An experimental study of static and dynamic contact design features," Research Policy, Elsevier, vol. 42(1), pages 273-286.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.