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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

Suggested Citation

  • Dirk Czarnitzki & Katrin Hussinger & Cédric Schneider, 2012. "The nexus between science and industry: evidence from faculty inventions," The Journal of Technology Transfer, Springer, vol. 37(5), pages 755-776, October.
    • Handle: RePEc:kap:jtecht:v:37:y:2012:i:5:p:755-776
    DOI: 10.1007/s10961-011-9214-y
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    3. Dornbusch, Friedrich & Neuhäusler, Peter, 2015. "Composition of inventor teams and technological progress – The role of collaboration between academia and industry," Research Policy, Elsevier, vol. 44(7), pages 1360-1375.
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    5. Fabiano, Gianluca & Marcellusi, Andrea & Favato, Giampiero, 2021. "R versus D, from knowledge creation to value appropriation: Ownership of patents filed by European biotechnology founders," Technovation, Elsevier, vol. 108(C).
    6. Munari, Federico & Toschi, Laura, 2014. "Running ahead in the nanotechnology gold rush. Strategic patenting in emerging technologies," Technological Forecasting and Social Change, Elsevier, vol. 83(C), pages 194-207.
    7. Francesco Lissoni & Fabio Montobbio, 2015. "The Ownership of Academic Patents and Their Impact. Evidence from Five European Countries," Revue économique, Presses de Sciences-Po, vol. 66(1), pages 143-171.
    8. van Burg, Elco & Du, Jingshu & Kers, Jannigje Gerdien, 2021. "When do academics patent outside their university? An in-depth case study," Technovation, Elsevier, vol. 107(C).
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    10. Hussinger, Katrin & Wastyn, Annelies, 2011. "In search for the not-invented-here syndrome: The role of knowledge sources and firm success," ZEW Discussion Papers 11-048, ZEW - Leibniz Centre for European Economic Research.
    11. Joaquín Azagra-Caro, 2014. "Determinants of national patent ownership by public research organisations and universities," The Journal of Technology Transfer, Springer, vol. 39(6), pages 898-914, December.
    12. Sterzi, Valerio, 2011. "Academic patent value and knowledge transfer in the UK. Does patent ownership matter?," MPRA Paper 34955, University Library of Munich, Germany.
    13. Ugo Rizzo & Nicolò Barbieri & Laura Ramaciotti & Demian Iannantuono, 2020. "The division of labour between academia and industry for the generation of radical inventions," The Journal of Technology Transfer, Springer, vol. 45(2), pages 393-413, April.
    14. Joaquín Azagra-Caro & Rafael Pardo & Ruth Rama, 2014. "Not searching, but finding: how innovation shapes perceptions about universities and public research organisations," The Journal of Technology Transfer, Springer, vol. 39(3), pages 454-471, June.
    15. Hoppmann, Joern, 2021. "Hand in hand to Nowhereland? How the resource dependence of research institutes influences their co-evolution with industry," Research Policy, Elsevier, vol. 50(2).
    16. Patrick S. W. Fong & Xuhua Chang & Qiang Chen, 2018. "Faculty patent assignment in the Chinese mainland: evidence from the top 35 patent application universities," The Journal of Technology Transfer, Springer, vol. 43(1), pages 69-95, February.
    17. Nicolas Carayol & Valerio Sterzi, 2021. "The transfer and value of academic inventions when the TTO is one option," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 30(2), pages 338-367, May.
    18. Giovanni Cerulli & Giovanni Marin & Eleonora Pierucci & Bianca Potì, 2022. "Do company-owned academic patents influence firm performance? Evidence from the Italian industry," The Journal of Technology Transfer, Springer, vol. 47(1), pages 242-269, February.
    19. Francesco Lissoni, 2013. "Intellectual property and university–industry technology transfer," Chapters, in: Faïz Gallouj & Luis Rubalcaba & Paul Windrum (ed.), Public–Private Innovation Networks in Services, chapter 7, pages 164-194, Edward Elgar Publishing.
    20. 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.
    21. Cornelia Lawson, 2013. "Academic patenting: the importance of industry support," The Journal of Technology Transfer, Springer, vol. 38(4), pages 509-535, August.
    22. Halilem, Norrin & Amara, Nabil & Olmos-Peñuela, Julia & Mohiuddin, Muhammad, 2017. "“To Own, or not to Own?” A multilevel analysis of intellectual property right policies' on academic entrepreneurship," Research Policy, Elsevier, vol. 46(8), pages 1479-1489.
    23. Jungpyo Lee & So Young Sohn, 2017. "What makes the first forward citation of a patent occur earlier?," Scientometrics, Springer;Akadémiai Kiadó, vol. 113(1), pages 279-298, October.

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    Keywords

    Academic inventors; University-industry technology transfer; Intellectual property rights; O31; O32; O34;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

    Statistics

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