Stefano Breschi (Cespri, Bocconi University, Milano, Italy.) Francesco Lissoni (Cespri, Bocconi University, Milano; Università degli studi di Brescia, Italy.) Fabio Montobbio (Cespri, Bocconi University, Milano; Università degli studi dell’Insubria, Varese,Italy.)
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Based on longitudinal data for a matched sample of 592 Italian academic inventors and controls, the paper explores the impact of patenting on university professors’ scientific productivity, as measured by publication and citation counts. Academic inventors (university professors who appear as designated inventors on at least one patent application) publish more and better quality papers than their colleagues with no patents, and increase their productivity after patenting. Endogeneity problems are addressed using instrumental variables and applying inverse probability of treatment weights. The beneficial effect of patenting on publication rates last longer for academic inventors with more than one patent.
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Paper provided by CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy in its series CESPRI Working Papers with number
189.
Length: pages 32 Date of creation: Nov 2006 Date of revision:
Nov 2006 Handle: RePEc:cri:cespri:wp189
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