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Patenting and Licensing University Inventions: Lessons from the History of the Research Corporation

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  • Mowery, David C
  • Sampat, Bhaven N
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    Abstract

    Recent developments in the relationships between R&D in US industry and research in US universities, especially in the growth of university patenting and licensing of technologies to private firms, have attracted considerable attention. This paper discusses the history of an important institution in the history of these relationships, the Research Corporation. The ultimate withdrawal of the Research Corporation from its major role reflected shifting federal policies towards philanthropic organizations as well as the Bayh-Dole Act. The evidence provided in this paper, however, suggests that the seeds of decline had been planted well before 1980 and were apparent in the growing deficits of the Research Corporation during the 1970s. Since some of these factors are also apparent within many US university licensing offices it is likely that some "shake-out" will occur in the future as a number of these universities reduce or terminate their activities in this area. Those that survive are likely to pursue a broader set of goals than royalty income alone. Copyright 2001 by Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Industrial & Corporate Change.

    Volume (Year): 10 (2001)
    Issue (Month): 2 (June)
    Pages: 317-55

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    Handle: RePEc:oup:indcch:v:10:y:2001:i:2:p:317-55

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    Cited by:
    1. Macdonald, Stuart, 2004. "When means become ends: considering the impact of patent strategy on innovation," Information Economics and Policy, Elsevier, vol. 16(1), pages 135-158, March.
    2. Kenney, Martin & Patton, Donald, 2009. "Reconsidering the Bayh-Dole Act and the Current University Invention Ownership Model," Research Policy, Elsevier, vol. 38(9), pages 1407-1422, November.
    3. David Mowery, 2011. "Nanotechnology and the US national innovation system: continuity and change," The Journal of Technology Transfer, Springer, vol. 36(6), pages 697-711, December.
    4. Sampat, Bhaven N., 2006. "Patenting and US academic research in the 20th century: The world before and after Bayh-Dole," Research Policy, Elsevier, vol. 35(6), pages 772-789, July.
    5. Segarra-Blasco, AgustiĀ­ & Arauzo-Carod, Josep-Maria, 2008. "Sources of innovation and industry-university interaction: Evidence from Spanish firms," Research Policy, Elsevier, vol. 37(8), pages 1283-1295, September.
    6. 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.

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