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The nexus between science and industry: evidence from faculty inventions

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  • Dirk Czarnitzki

    ()

  • Katrin Hussinger

    ()

  • Cédric Schneider

    ()

Abstract

Knowledge transfer from science to industry has been shown to be beneficial for the corporate partner. In order to get a better understanding of the reasons behind these positive effects, this study focuses on the junction of science and industry by comparing characteristics of academic inventions that are transferred to industry and those staying in the public sector. Academic inventions are identified via patent applications of German academic scientists. We find that academic patents assigned to corporations are more likely to enable firms reaping short term rather than, possibly more uncertain, long-run returns, in contrast to patents that stay in the public sector. Firms also strive for academic inventions with a high blocking potential in technology markets. Academic patents issued to corporations appear to reflect less complex inventions as compared to inventions that are patented by the public science sector. Copyright Springer Science+Business Media, LLC 2012

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Bibliographic Info

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

Volume (Year): 37 (2012)
Issue (Month): 5 (October)
Pages: 755-776

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Handle: RePEc:kap:jtecht:v:37:y:2012:i:5:p:755-776

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

Related research

Keywords: Academic inventors; University-industry technology transfer; Intellectual property rights; O31; O32; O34;

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Cited by:
  1. Lissoni, Francesco & Montobbio, Fabio, 2012. "The ownership of academic patents and their impact. Evidence from five European countries," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201220, University of Turin.
  2. Valerio STERZI (GREThA, CNRS, UMR 5113 & KITES, Bocconi University), 2012. "Academic patent value and knowledge transfer in the UK: Does patent ownership matter?," Cahiers du GREThA 2012-07, Groupe de Recherche en Economie Théorique et Appliquée.
  3. Lawson, Cornelia, 2012. "Academic inventions outside the university: A result of industry sponsorship or entrepreneurial activities?," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201216, University of Turin.

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