Essays on patent systems and academic patenting

The past decade has witnessed a second academic revolution with the new role of contributing to economic growth and social development assigned to universities. A real phenomenon embedded in this new role is the right given to universities to file for a patent protection over publicly funded research and the possibility to retain financial returns from its license or selling. The aim of this thesis is to better understand this phenomenon and its relationship to scientific production. Starting with the role patents pay in stimulating innovation, Chapter 2 assesses the cost of rewarding and enforcing exclusive patent rights in Europe and discusses implications for patenting at universities. Chapter 3 aims to document patenting at universities in Belgium by applying the definition of university-invented patents. It challenges the ‘European Paradox’, the view that despite being good in producing science, European research institutions are not successful in transferring it to the real economy. Chapters 4 and 5 investigate the relationship between patenting and scientific productivity. Chapter 4 questions the critique that patenting at universities may have a detrimental effect on scientific progress. Chapter 5 challenges the view that knowledge diversity increases group ability to innovate. It further enhances our understanding of how different ways of achieving diversity affect team inventive performance.