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The determinants of university patenting: Do incentives matter?

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Author Info
Tomás del Barrio-Castro () (University of the Balearic Islands)
José García-Quevedo () (University of Barcelona)

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Abstract

In recent years various studies have examined the factors that may explain academic patents. Existing analyses have also underlined the substantial differences to be found in European countries in the institutional framework that defines property rights for academic patents. The objective of this study is to contribute to the empirical literature on the factors explaining academic patents and to determine whether the incentives that universities offer researchers contribute towards explaining the differences in academic patenting activity. The results of the econometric analysis for the Spanish universities point towards the conclusion that the principal factor determining the patents is funding of R&D while royalty incentives to researchers do not appear to be significant.

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Publisher Info
Paper provided by Institut d'Economia de Barcelona (IEB) in its series Working Papers with number 2009/13.

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Length: 23 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:ieb:wpaper:2009/9/doc2009-13

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Related research
Keywords: patents; university; R&D;

Find related papers by JEL classification:
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

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References listed on IDEAS
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  1. Mowery, David C. & Ziedonis, Arvids A., 2002. "Academic patent quality and quantity before and after the Bayh-Dole act in the United States," Research Policy, Elsevier, vol. 31(3), pages 399-418, March. [Downloadable!] (restricted)
  2. Joaquín Azagra-Caro & Nicolas Carayol & Patrick Llerena, 2006. "Patent Production at a European Research University: Exploratory Evidence at the Laboratory Level," The Journal of Technology Transfer, Springer, vol. 31(2), pages 257-268, 03. [Downloadable!] (restricted)
  3. Saul Lach & Mark Schankerman, 2003. "Incentives and invention in universities," Proceedings, Federal Reserve Bank of San Francisco, issue Nov. [Downloadable!]
    Other versions:
  4. Thursby, Marie & Thursby, Jerry & Gupta-Mukherjee, Swasti, 2007. "Are there real effects of licensing on academic research? A life cycle view," Journal of Economic Behavior & Organization, Elsevier, vol. 63(4), pages 577-598, August. [Downloadable!] (restricted)
    Other versions:
  5. Nicolas van Zeebroeck & Bruno van Pottelsberghe & Dominique Guellec, 2008. "Patents and Academic Research: A State of the Art," Working Papers CEB 08-013.RS, Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB). [Downloadable!]
  6. Jaffe, Adam & Lerner, Josh & Stern, Scott & Thursby, Marie, 2007. "Academic science and entrepreneurship: Dual engines of growth?," Journal of Economic Behavior & Organization, Elsevier, vol. 63(4), pages 573-576, August. [Downloadable!] (restricted)
    Other versions:
  7. TOMÁS DEL BARRIO-CASTRO & JOSÉ GARCÍA-QUEVEDO, 2005. "Effects of university research on the geography of innovation," Regional Studies, Taylor and Francis Journals, vol. 39(9), pages 1217-1229, December. [Downloadable!] (restricted)
  8. Siegel, Donald S. & Waldman, David & Link, Albert, 2003. "Assessing the impact of organizational practices on the relative productivity of university technology transfer offices: an exploratory study," Research Policy, Elsevier, vol. 32(1), pages 27-48, January. [Downloadable!] (restricted)
  9. Rafferty, Matthew, 2008. "The Bayh-Dole Act and university research and development," Research Policy, Elsevier, vol. 37(1), pages 29-40, February. [Downloadable!] (restricted)
  10. Richard Jensen & Marie Thursby, 2001. "Proofs and Prototypes for Sale: The Licensing of University Inventions," American Economic Review, American Economic Association, vol. 91(1), pages 240-259, March. [Downloadable!] (restricted)
  11. Cameron, A. Colin & Trivedi, Pravin K., 1990. "Regression-based tests for overdispersion in the Poisson model," Journal of Econometrics, Elsevier, vol. 46(3), pages 347-364, December. [Downloadable!] (restricted)
  12. 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. [Downloadable!] (restricted)
  13. Bart Verspagen, 2006. "University Research, Intellectual Property Rights And European Innovation Systems," Journal of Economic Surveys, Blackwell Publishing, vol. 20(4), pages 607-632, 09. [Downloadable!] (restricted)
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This page was last updated on 2009-12-3.

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