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Faculty Entrepreneurs and Research Productivity

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  • Robert Lowe

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  • Claudia Gonzalez-Brambila
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    Abstract

    In this paper, we analyze the research productivity of faculty entrepreneurs at 15 research institutes using a novel database combining faculty characteristics, licensing information, and journal publication records. We address two related research questions. First, are faculty entrepreneurs more productive researchers (“star scientists”) compared to their colleagues? Second, does the productivity of faculty entrepreneurs change after they found a firm? We find that faculty entrepreneurs in general are more productive researchers than control groups. We use multiple performance criteria in our analysis: differences in mean publication rate, skewness of publication rate, and impact of publications (journal citation rate). These findings bring together previous work on star scientists by Zucker, Darby, and Brewer [Zucker, L. G., Darby M. R., & Brewer M. B. (1998). The American Economic Review, 88, 290–306.] and tacit knowledge among university entrepreneurs by Shane [Shane, S. (2002). Management Science, 48, 122–137.] and Lowe [Lowe, R. A. (2001). In G. Libecap (Ed.) Entrepreneurial Inputs and Outcomes. Amsterdam: JAI Press, Lowe, R.A. (2006). Journal of Technology Transfer, 31(4), 412–429]. Finally, we find that faculty entrepreneurs’ productivity not only is greater than their peers but also does not decrease following the formation of a firm. Copyright Springer Science+Business Media, LLC 2007

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    Bibliographic Info

    Article provided by Springer in its journal The Journal of Technology Transfer.

    Volume (Year): 32 (2007)
    Issue (Month): 3 (June)
    Pages: 173-194

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    Handle: RePEc:kap:jtecht:v:32:y:2007:i:3:p:173-194

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    Web page: http://www.springerlink.com/link.asp?id=104998

    Related research

    Keywords: Entrepreneurship; University technology transfer; Research productivity; M13; O31; O34;

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    References

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    1. 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.
    2. 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.
    3. Zucker, Lynne G & Darby, Michael R & Brewer, Marilynn B, 1998. "Intellectual Human Capital and the Birth of U.S. Biotechnology Enterprises," American Economic Review, American Economic Association, vol. 88(1), pages 290-306, March.
    4. Salter, Ammon J. & Martin, Ben R., 2001. "The economic benefits of publicly funded basic research: a critical review," Research Policy, Elsevier, vol. 30(3), pages 509-532, March.
    5. 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.
    6. Jerry Thursby & Marie Thursby, 2005. "Gender Patterns of Research and Licensing Activity of Science and Engineering Faculty," The Journal of Technology Transfer, Springer, vol. 30(4), pages 343-353, October.
    7. 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.
    8. Etzkowitz, Henry & Leydesdorff, Loet, 2000. "The dynamics of innovation: from National Systems and "Mode 2" to a Triple Helix of university-industry-government relations," Research Policy, Elsevier, vol. 29(2), pages 109-123, February.
    9. Scott Shane & Toby Stuart, 2002. "Organizational Endowments and the Performance of University Start-ups," Management Science, INFORMS, vol. 48(1), pages 154-170, January.
    10. Henderson, R. & Jaffe, A.B.: Tratenberg, M., 1995. "Universities as a Source of Commercial Technology: A Detailed Analysis of University Patenting 1965-1988," Papers 09-95, Tel Aviv.
    11. Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
    12. Paula E. Stephan, 1996. "The Economics of Science," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1199-1235, September.
    13. Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67, pages 297.
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    Cited by:
    1. Donald Siegel & Stefan Krabel & Viktor Slavtchev, 2009. "The Internationalization of Science and its Influence on Academic Entrepreneurship," Working Papers 3, Jerusalem Institute for Market Studies (JIMS).
    2. 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.
    3. Yusuf, Shahid, 2008. "Intermediating knowledge exchange between universities and businesses," Research Policy, Elsevier, vol. 37(8), pages 1167-1174, September.
    4. Perkmann, Markus & King, Zella & Pavelin, Stephen, 2011. "Engaging excellence? Effects of faculty quality on university engagement with industry," Research Policy, Elsevier, vol. 40(4), pages 539-552, May.
    5. Czarnitzki, Dirk & Glänzel, Wolfgang & Hussinger, Katrin, 2009. "Heterogeneity of patenting activity and its implications for scientific research," Research Policy, Elsevier, vol. 38(1), pages 26-34, February.
    6. Rivera, Rene & Sampedro, Jose Luis & Dutrenit, Gabriela & Ekboir, Javier Mario & Vera-Cruz, Alexandre O., 2009. "How productive are academic researchers in agriculture-related sciences? The Mexican case," MERIT Working Papers 038, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    7. 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.
    8. Rivera-Huerta, René & Dutrénit, Gabriela & Ekboir, Javier Mario & Sampedro, José Luis & Vera-Cruz, Alexandre O., 2011. "Do linkages between farmers and academic researchers influence researcher productivity? The Mexican case," Research Policy, Elsevier, vol. 40(7), pages 932-942, September.
    9. Krabel, Stefan & Mueller, Pamela, 2009. "What drives scientists to start their own company?: An empirical investigation of Max Planck Society scientists," Research Policy, Elsevier, vol. 38(6), pages 947-956, July.
    10. Olmos-Peñuela, Julia & Castro-Martínez, Elena & D’Este, Pablo, 2014. "Knowledge transfer activities in social sciences and humanities: Explaining the interactions of research groups with non-academic agents," Research Policy, Elsevier, vol. 43(4), pages 696-706.
    11. Christopher Hayter, 2013. "Conceptualizing knowledge-based entrepreneurship networks: perspectives from the literature," Small Business Economics, Springer, vol. 41(4), pages 899-911, December.
    12. Rajeev Goel & Devrim Göktepe-Hultén, 2013. "Nascent entrepreneurship and inventive activity: a somewhat new perspective," The Journal of Technology Transfer, Springer, vol. 38(4), pages 471-485, August.
    13. 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.
    14. Potthast, Jörg, 2009. "Re-thinking science-industry relations along the interactive model: the case of academic spin-offs," Discussion Papers, Research Group Science Policy Studies SP III 2009-603, Social Science Research Center Berlin (WZB).
    15. Anne Miner & Yan Gong & Michael Ciuchta & Anthony Sadler & John Surdyk, 2012. "Promoting university startups: international patterns, vicarious learning and policy implications," The Journal of Technology Transfer, Springer, vol. 37(2), pages 213-233, April.
    16. Junfu Zhang, 2009. "The performance of university spin-offs: an exploratory analysis using venture capital data," The Journal of Technology Transfer, Springer, vol. 34(3), pages 255-285, June.
    17. Buenstorf, Guido, 2009. "Is commercialization good or bad for science? Individual-level evidence from the Max Planck Society," Research Policy, Elsevier, vol. 38(2), pages 281-292, March.
    18. Larsen, Maria Theresa, 2011. "The implications of academic enterprise for public science: An overview of the empirical evidence," Research Policy, Elsevier, vol. 40(1), pages 6-19, February.
    19. 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.

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