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Patenting rationales of academic entrepreneurs in weak and strong organizational regimes

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  • Walter, Sascha G.
  • Schmidt, Arne
  • Walter, Achim

Abstract

This study explores why academic entrepreneurs seek patents for spin-off technology in weak organizational regimes (the employee owns her inventions) and strong organizational regimes (the employer, i.e. the university or research organization, owns these inventions). Specifically, we examine organizational and founding team characteristics as alternative explanations. Matched data of academic spin-offs from both contexts combined with patent data show that founding team characteristics (expert knowledge and entrepreneurial orientation) matter in weak, but not strong regimes. In contrast, organizational patenting norms are the key driver of patenting in strong, but not weak regimes. We discuss the implications of our results for the current literature and technology transfer policies.

Suggested Citation

  • Walter, Sascha G. & Schmidt, Arne & Walter, Achim, 2016. "Patenting rationales of academic entrepreneurs in weak and strong organizational regimes," Research Policy, Elsevier, vol. 45(2), pages 533-545.
    • Handle: RePEc:eee:respol:v:45:y:2016:i:2:p:533-545
    DOI: 10.1016/j.respol.2015.11.008
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    16. Foray, Dominique & Lissoni, Francesco, 2010. "University Research and Public–Private Interaction," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 275-314, Elsevier.
    17. Christian Fisch & Tobias Hassel & Philipp Sandner & Joern Block, 2015. "University patenting: a comparison of 300 leading universities worldwide," The Journal of Technology Transfer, Springer, vol. 40(2), pages 318-345, April.
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    More about this item

    Keywords

    Academic entrepreneurs; Patent propensity; Technology spin-offs;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

    Statistics

    Access and download statistics

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