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Universities and Fundamental Research: Reflections on the Growth of University-Industry Partnership

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  • Joanna Poyago-Theotoky

    (Nottingham)

  • John Beath
  • Donald S. Siegel

    (Nottingham)

Abstract

The recent rise in university-industry partnerships has stimulated an important public policy debate regarding how these relationships affect fundamental research. In this paper, we examine the antecedents and consequences of policies to promote university-industry alliances. Although the preliminary evidence appears to suggest that these partnerships have not had a deleterious effect on the quantity and quality of basic research, some legitimate concerns have been raised about these activities that require additional analysis. We conclude that additional research is needed to provide a more accurate assessment of the optimal level of commercialisation.

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Bibliographic Info

Paper provided by Department of Economics, University of St. Andrews in its series Discussion Paper Series, Department of Economics with number 200201.

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Date of creation: 15 Dec 2002
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Handle: RePEc:san:wpecon:0201

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Keywords: University-Industry Partnerships; Basic Research; Research Joint Ventures (RJVs); Technology Transfer Offices (TTOs); National Co-operative Research Act (NCRA); Bayh-Dole Act.;

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References

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