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Not in the job description: The commercial activities of academic scientists and engineers

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  • Wesley M. Cohen
  • Henry Sauermann
  • Paula Stephan

Abstract

Scholarly work seeking to understand academics’ commercial activities often draws on abstract notions of the academic reward system and of the representative scientist. Few scholars have examined whether and how scientists’ motives to engage in commercial activities differ across fields. Similarly, efforts to understand academics’ choices have focused on three self-interested motives – recognition, challenge, and money – ignoring the potential role of the desire to have an impact on others. Using panel data for a national sample of over 2,000 academics employed at U.S. institutions, we examine how the four motives are related to commercial activity, measured by patenting. We find that all four motives are correlated with patenting, but these relationships differ systematically between the life sciences, physical sciences, and engineering. These field differences are consistent with differences across fields in the rewards from commercial activities, as well as in the degree of overlap between traditional and commercializable research, which affects the opportunity costs of time spent away from “traditional” work. We discuss potential implications for policy makers, administrators, and managers as well as for future research on the scientific enterprise.

Suggested Citation

  • Wesley M. Cohen & Henry Sauermann & Paula Stephan, 2018. "Not in the job description: The commercial activities of academic scientists and engineers," NBER Working Papers 24769, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:24769
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    1. Dirk Bergemann & Marco Ottaviani, 2021. "Information Markets and Nonmarkets," Cowles Foundation Discussion Papers 2296, Cowles Foundation for Research in Economics, Yale University.
    2. Wang, Xue & Fan, Li-Wei & Zhang, Hongyan, 2023. "Policies for enhancing patent quality: Evidence from renewable energy technology in China," Energy Policy, Elsevier, vol. 180(C).
    3. S. Di Luozzo & A. Fronzetti Colladon & M. M. Schiraldi, 2024. "Decoding excellence: Mapping the demand for psychological traits of operations and supply chain professionals through text mining," Papers 2403.17546, arXiv.org.
    4. Wei Zhou & Min Jiang & Hailunbeier Li, 2023. "Explaining academic entrepreneurial motivation in China: the role of regional policy, organizational support, and individual characteristics," Small Business Economics, Springer, vol. 61(3), pages 1357-1378, October.
    5. Silvia Dalla Fontana & Ramana Nanda, 2023. "Innovating to Net Zero: Can Venture Capital and Start-Ups Play a Meaningful Role?," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 2(1), pages 79-105.
    6. Chiara Franzoni & Paula Stephan & Reinhilde Veugelers, 2022. "Funding Risky Research," Entrepreneurship and Innovation Policy and the Economy, University of Chicago Press, vol. 1(1), pages 103-133.
    7. Martínez, Catalina & Parlane, Sarah, 2023. "Academic scientists in corporate R&D: A theoretical model," Research Policy, Elsevier, vol. 52(5).
    8. Giovanni Abramo & Ciriaco Andrea D’Angelo, 2022. "Drivers of academic engagement in public–private research collaboration: an empirical study," The Journal of Technology Transfer, Springer, vol. 47(6), pages 1861-1884, December.
    9. David H. Hsu & Jeffrey M. Kuhn, 2023. "Academic stars and licensing experience in university technology commercialization," Strategic Management Journal, Wiley Blackwell, vol. 44(3), pages 887-905, March.
    10. Damrich, Sebastian & Kealey, Terence & Ricketts, Martin, 2022. "Crowding in and crowding out within a contribution good model of research," Research Policy, Elsevier, vol. 51(1).
    11. Kyle R. Myers & Wei Yang Tham & Jerry Thursby & Marie Thursby & Nina Cohodes & Karim Lakhani & Rachel Mural & Yilun Xu, 2023. "New Facts and Data about Professors and their Research," Papers 2312.01442, arXiv.org.
    12. Sheer, Lia, 2022. "Sitting on the Fence: Integrating the two worlds of scientific discovery and invention within the firm," Research Policy, Elsevier, vol. 51(7).
    13. Brooks, Chris & Schopohl, Lisa & Walker, James T., 2023. "Comparing perceptions of the impact of journal rankings between fields," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 90(C).
    14. Kyle Myers & Wei Yang Tham, 2023. "Money, Time, and Grant Design," Papers 2312.06479, arXiv.org.
    15. Chollet, Barthélemy & Revet, Karine, 2023. "Digging deep or scratching the surface? Contingent innovation outcomes of seeking advice from geographically distant ties," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    16. Llopis, Oscar & D'Este, Pablo & McKelvey, Maureen & Yegros, Alfredo, 2022. "Navigating multiple logics: Legitimacy and the quest for societal impact in science," Technovation, Elsevier, vol. 110(C).
    17. Blandinieres, Florence & Pellens, Maikel, 2021. "Scientist's industry engagement and the research agenda: Evidence from Germany," ZEW Discussion Papers 21-001, ZEW - Leibniz Centre for European Economic Research.

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    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M5 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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