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The Influence of University Research on Industrial Innovation

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  • Jinyoung Kim
  • Sangjoon John Lee
  • Gerald Marschke

Abstract

We use U.S. patent records to examine the role of research personnel as a pathway for the diffusion of ideas from university to industry. Appearing on a patent assigned to a university is evidence that an inventor has been exposed to university research, either directly as a university researcher or through some form of collaboration with university researchers. Having an advanced degree is another indicator of an inventor's exposure to university research. We find a steady increase in industry's use of inventors with university research experience over the period 1985-97, economy wide and in the pharmaceutical and semiconductor industries in particular. We interpret this as evidence of growth in the influence of university research on industrial innovation. Moreover, during this period we find that firms with large research operations in both industries, and young and highly capitalized firms in the pharmaceutical industry, are disproportionately active in the diffusion of ideas from the university sector. Finally, we find that the patents of firms that employ inventors with university research experience are more likely to cite university patents as prior art, suggesting that this experience better enables firms to tap academic research.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 11447.

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Date of creation: Jul 2005
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Publication status: published as Gerald Marschke, 2006. "The influence of university research on industrial innovation," Proceedings, Federal Reserve Bank of Cleveland.
Handle: RePEc:nbr:nberwo:11447

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Cited by:
  1. Melamed, Ran & Shiff, Gil & Trajtenberg, Manuel, 2006. "The 'Names Game': Harnessing Inventors Patent Data for Economic Research," CEPR Discussion Papers 5833, C.E.P.R. Discussion Papers.
  2. Broström, Anders & Lööf, Hans, 2008. "How does University Collaboration Contribute to Successful R&D Management?," Working Paper Series in Economics and Institutions of Innovation 131, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
  3. Michele PEZZONI (University of Milano-Bicocca - KiTES-Università Bocconi - Observatoire des Sciences et des Techniques) & Francesco LISSONI (GREThA, CNRS, UMR 5113 - KiTES) & Gianluca TARASCONI (KiTE, 2012. "How To Kill Inventors: Testing The Massacrator© Algorithm For Inventor Disambiguation," Cahiers du GREThA 2012-29, Groupe de Recherche en Economie Théorique et Appliquée.
  4. Cassiman, Bruno & Veugelers, Reinhilde & Zuniga, Pluvia, 2007. "Science linkages and innovation performance: An analysis on CIS-3 firms in Belgium," IESE Research Papers D/671, IESE Business School.
  5. Junichi Nishimura & Hiroyuki Okamuro, 2010. "R&D Productivity and the Organization of Cluster Policy: An Empirical Evaluation of the Industrial Cluster Project in Japan," DRUID Working Papers 10-06, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
  6. Cassiman, Bruno & Veugelers, Reinhilde & Zuniga, Pluvia, 2009. "Diversity of science linkages and innovation performance: some empirical evidence from Flemish firms," Economics Discussion Papers 2009-30, Kiel Institute for the World Economy.
  7. Mireia Fernández-Ardevol & Josep Lladós Masllorens, 2011. "Determinants of Science-Based Cooperation: Evidence in a Sample of Small and Micro Firms," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 9(4 (Winter), pages 319-333.
  8. Raffo, Julio & Lhuillery, Stéphane, 2009. "How to play the "Names Game": Patent retrieval comparing different heuristics," Research Policy, Elsevier, vol. 38(10), pages 1617-1627, December.

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