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Patenting, Commercialization, and US Academic Research in the 21st Century: The Resilience of Basic, Federally-Funded Open Science

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Listed:
  • Barham, Bradford L.
  • Foltz, Jeremy D.

Abstract

The life sciences have been the most dynamic area of US university research and commercialization efforts over the past twenty-five years. Using unique data from a large representative sample of life scientists this work examines whether academic patenting and commercialization complement, substitute for, or “hold-up” other research activities. The results highlight the resilience of the basic, federally-funded open scientific research model. Our findings, in turn, underscore the fundamental importance of maintaining the public funding and commitment to the academic, scientific enterprise.

Suggested Citation

  • Barham, Bradford L. & Foltz, Jeremy D., 2007. "Patenting, Commercialization, and US Academic Research in the 21st Century: The Resilience of Basic, Federally-Funded Open Science," Staff Papers 92139, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    • Handle: RePEc:ags:wisagr:92139
    DOI: 10.22004/ag.econ.92139
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