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

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Author Info
Joanna Poyago-Theotoky (Nottingham)
John Beath
Donald S. Siegel (Nottingham)

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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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Paper provided by Department of Economics, University of St. Andrews in its series Discussion Paper Series, Department of Economics with number 0201.

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

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Postal: School of Economics and Finance, University of St. Andrews, Fife KY16 9AL
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Related research
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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Find related papers by JEL classification:
L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
O34 - Economic Development, Technological Change, and Growth - - Technological Change - - - Intellectual Property Rights
O38 - Economic Development, Technological Change, and Growth - - Technological Change - - - Government Policy

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    Other versions:
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    Other versions:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Bharat Bhole, 2006. "Commercial Development of University Research: The Role of Patents," Contributions to Economic Analysis & Policy, Berkeley Electronic Press, vol. 5(1), pages 1587-1587. [Downloadable!] (restricted)
  2. Christine Greenhalgh & Padraig Dixon, 2002. "The Economics of Intellectual Property: A Review to Identify Themes for Future Research," Economics Series Working Papers 135, University of Oxford, Department of Economics. [Downloadable!]
    Other versions:
  3. Bronwyn H. HALL, 2004. "University-Industry Research Partnerships in the United States," Economics Working Papers ECO2004/14, European University Institute. [Downloadable!]
  4. Elizabeth Webster, 2002. "Intangible and Intellectual Capital: A Review of the Literature," Melbourne Institute Working Paper Series wp2002n10, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne. [Downloadable!]
  5. Gavin Cameron & Chris Wallace, 2003. "Technology Clubs: Efficient Pricing in Business-University Collaborations," Economics Series Working Papers 157, University of Oxford, Department of Economics. [Downloadable!]
  6. Christopher Palmberg, 2007. "Modes, Challenges and Outcomes of Nanotechnology Transfer - A Comparative Analysis University and Company Researchers," Discussion Papers 1086, The Research Institute of the Finnish Economy. [Downloadable!]
  7. Cowan,Robin & Jonard,Nicolas, 2004. "Information Technology and the Dynamics of Joint Innovation," Research Memoranda 014, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
  8. Donald S. Siegel & Phillip H. Phan, 2004. "Analyzing the Effectiveness of University Technology Transfer: Implications for Entrepreneurship Education," Rensselaer Working Papers in Economics 0426, Rensselaer Polytechnic Institute, Department of Economics. [Downloadable!]
  9. 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. [Downloadable!]
  10. Francisco Caballero-sanz & Rafael Moner-colonques & José Sempere-monerris, 2005. "Licensing policies for a new product," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 14(8), pages 697-713, November. [Downloadable!] (restricted)
  11. Albert Link & Donald Siegel, 2005. "Generating science-based growth: an econometric analysis of the impact of organizational incentives on university--industry technology transfer," European Journal of Finance, Taylor and Francis Journals, vol. 11(3), pages 169-181, June. [Downloadable!] (restricted)
  12. Aldo Geuna & Lionel Nesta, 2003. "University Patenting and its Effects on Academic Research," SPRU Electronic Working Paper Series 99, University of Sussex, SPRU - Science and Technology Policy Research. [Downloadable!]
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