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Commercializing Academic Research: The Qaulity of Faculty Patenting

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  • Czarnitzki, Dirk

    (Department of Economics, Copenhagen Business School)

  • Hussinger, Katrin

    (Department of Economics, Copenhagen Business School)

  • Schneider, Cedric

    (Department of Economics, Copenhagen Business School)

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 greater knowledge externalities, 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-90’s, 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 U.S. Bayh-Dole Act) reveals that this legal disposition led to an acceleration of this apparent decline.

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Bibliographic Info

Paper provided by Copenhagen Business School, Department of Economics in its series Working Papers with number 05-2008.

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Length: 37 pages
Date of creation: 01 Jan 2008
Date of revision:
Handle: RePEc:hhs:cbsnow:2008_005

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Postal: Department of Economics, Copenhagen Business School, Solbjerg Plads 3 C, 5. sal, DK-2000 Frederiksberg, Denmark
Phone: 38 15 25 75
Fax: 38 15 34 99
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Web page: http://www.cbs.dk/departments/econ/
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Citations

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Cited by:
  1. Hottenrott, Hanna & Thorwarth, Susanne, 2010. "Industry funding of university research and scientific productivity," ZEW Discussion Papers 10-105, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  2. Sterzi, Valerio, 2013. "Patent quality and ownership: An analysis of UK faculty patenting," Research Policy, Elsevier, vol. 42(2), pages 564-576.
  3. Christoph Grimpe & Heide Fier, 2010. "Informal university technology transfer: a comparison between the United States and Germany," The Journal of Technology Transfer, Springer, vol. 35(6), pages 637-650, December.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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, April.
  10. Sterzi, Valerio, 2011. "Academic patent value and knowledge transfer in the UK. Does patent ownership matter?," MPRA Paper 34955, University Library of Munich, Germany.
  11. 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.

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