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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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  • Barham, Bradford L.

    (U of Wisconsin)

  • Foltz, Jeremy D.
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    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.

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    File URL: http://www.aae.wisc.edu/pubs/sps/pdf/stpap513.pdf
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    Bibliographic Info

    Paper provided by University of Wisconsin, Agricultural and Applied Economics in its series Staff Paper Series with number 513.

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    Date of creation: Sep 2007
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    Handle: RePEc:ecl:wisagr:513

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    1. Blundell, Richard & Griffith, Rachel & van Reenen, John, 1999. "Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms," Review of Economic Studies, Wiley Blackwell, vol. 66(3), pages 529-54, July.
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    6. Sampat, Bhaven N. & Mowery, David C. & Ziedonis, Arvids A., 2003. "Changes in university patent quality after the Bayh-Dole act: a re-examination," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1371-1390, November.
    7. Jerry Thursby & Marie Thursby, 2005. "Gender Patterns of Research and Licensing Activity of Science and Engineering Faculty," The Journal of Technology Transfer, Springer, vol. 30(4), pages 343-353, October.
    8. Nelson, Richard R., 2004. "The market economy, and the scientific commons," Research Policy, Elsevier, vol. 33(3), pages 455-471, April.
    9. Van Looy, Bart & Ranga, Marina & Callaert, Julie & Debackere, Koenraad & Zimmermann, Edwin, 2004. "Combining entrepreneurial and scientific performance in academia: towards a compounded and reciprocal Matthew-effect?," Research Policy, Elsevier, vol. 33(3), pages 425-441, April.
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    11. Robert Cook-Deegan, 2007. "The science commons in health research: structure, function, and value," The Journal of Technology Transfer, Springer, vol. 32(3), pages 131-131, June.
    12. Paula Stephan & Shiferaw Gurmu & Albert Sumell & Grant Black, 2007. "Who'S Patenting In The University? Evidence From The Survey Of Doctorate Recipients," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(2), pages 71-99.
    13. Kwansoo Kim, 2007. "Synergies or Trade-Offs in University Life Sciences Research," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(2), pages 353-367.
    14. Gulbrandsen, Magnus & Smeby, Jens-Christian, 2005. "Industry funding and university professors' research performance," Research Policy, Elsevier, vol. 34(6), pages 932-950, August.
    15. Dietz, James S. & Bozeman, Barry, 2005. "Academic careers, patents, and productivity: industry experience as scientific and technical human capital," Research Policy, Elsevier, vol. 34(3), pages 349-367, April.
    16. Geuna, Aldo & Nesta, Lionel J.J., 2006. "University patenting and its effects on academic research: The emerging European evidence," Research Policy, Elsevier, vol. 35(6), pages 790-807, July.
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