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Commercializing Academic Research: The Qaulity of Faculty Patenting

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Author Info
Czarnitzki, Dirk (Department of Economics, Copenhagen Business School)
Hussinger, Katrin (Department of Economics, Copenhagen Business School)
Schneider, Cedric (Department of Economics, Copenhagen Business School)

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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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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
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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
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Find related papers by JEL classification:
D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
I23 - Health, Education, and Welfare - - Education - - - Higher Education Research Institutions
P48 - Economic Systems - - Other Economic Systems - - - Other Economic Systems: Political Economy; Legal Institutions; Property Rights

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