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Commercializing academic research: the quality of faculty patenting

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  • Dirk Czarnitzki
  • Katrin Hussinger
  • Cédric Schneider

Abstract

The knowledge produced by academic scientists has been identified as a potential key driver of technological progress. Recent policies in Europe aim at increasing commercially orientated activities in academe. Based on a sample of German scientists across all fields of science, we investigate the importance of academic patenting. Our findings suggest that academic involvement in patenting results in a citation premium, as academic patents appear to generate more forward citations. We also find that in the European context of changing research objectives and funding sources since the mid-1990s, the "importance" of academic patents declines over time. We show that academic entrants have patents of lower "quality" than academic incumbents but they did not cause the decline, since the relative importance of patents involving academics with an existing patenting history declined over time as well. Moreover, a preliminary evaluation of the effects of the abolishment of the "professor privilege" (the German counterpart of the US Bayh-Dole Act) reveals that this legal disposition led to an acceleration of this apparent decline. Copyright 2011 The Author 2011. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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Bibliographic Info

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

Volume (Year): 20 (2011)
Issue (Month): 5 (October)
Pages: 1403-1437

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Handle: RePEc:oup:indcch:v:20:y:2011:i:5:p:1403-1437

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Citations

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Cited by:
  1. Hottenrott, Hanna & Thorwarth, Susanne, 2011. "Industry funding of university research and scientific productivity," ZEW Discussion Papers 10-105 [rev.], ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  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. Geuna Aldo & Rossi Federica, 2010. "Changes to university IPR regulations in Europe and the impact on academic patenting," 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 201015, University of Turin.
  4. Wipo, 2011. "World Intellectual Property Report 2011- The Changing Face of Innovation," WIPO Economics & Statistics Series, World Intellectual Property Organization - Economics and Statistics Division, number 2011:944, March.
  5. Francesco LISSONI (GREThA, CNRS, UMR 5113) & Fabio MONTOBBIO (KITeS, Université BOCCONI - Milan), 2012. "The ownership of academic patents and their impact. Evidence from five European countries," Cahiers du GREThA 2012-24, Groupe de Recherche en Economie Théorique et Appliquée.
  6. Grimpe, Christoph & Fier, Heide, 2009. "Informal university technology transfer: a comparison between the United States and Germany," ZEW Discussion Papers 09-033, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  7. Bodas Freitas , Isabel Maria & Geuna, Aldo & Lawson, Cornelia & Rossi, Federica, 2014. "How Industry Inventors Collaborate with Academic Researchers: The choice between shared and unilateral governance forms," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201402, University of Turin.
  8. Guerzoni, Marco & Aldridge, Taylor & Audretsch, David B & Sameeksha, Desai, 2012. "University Knowledge, Originality of Patents and the Creation of New Industries," 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 201219, University of Turin.
  9. Carlos Iglesias Fernández & Raquel Llorente Heras & Diego Dueñas Fernández, 2011. "La movilidad international de los doctores españoles: ¿cuáles son sus determinantes?," Investigaciones de Economía de la Educación volume 6, in: Antonio Caparrós Ruiz (ed.), Investigaciones de Economía de la Educación 6, edition 1, volume 6, chapter 37, pages 593-611 Asociación de Economía de la Educación.
  10. Sterzi, Valerio, 2013. "Patent quality and ownership: An analysis of UK faculty patenting," Research Policy, Elsevier, vol. 42(2), pages 564-576.
  11. Haeussler, Carolin & Colyvas, Jeannette A., 2011. "Breaking the Ivory Tower: Academic Entrepreneurship in the Life Sciences in UK and Germany," Research Policy, Elsevier, vol. 40(1), pages 41-54, February.

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