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The nexus between science and industry: evidence from faculty inventions

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  • Czarnitzki, Dirk
  • Hussinger, Katrin
  • Schneider, Cédric

Abstract

Against the background of the so-called European paradox, i.e. the conjecture that EU countries lack the capability to transfer science into commercial innovations, knowledge transfer from academia to industry has been a central issue in policy debates recently. Based on a sample of German scientists we investigate which academic inventions are patented by a scientific assignee and which are owned by corporate entities. Our findings suggest that faculty patents assigned to corporations exhibit a higher short-term value in terms of forward citations and a higher potential to block property rights of competitors. Faculty patents assigned to academic inventors or to public research institutions, in contrast, are more complex, more basic and have stronger links to science. These results may suggest that European firms lack the absorptive capacity to identify and exploit academic inventions that are further away from market applications. --

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Bibliographic Info

Paper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 09-028.

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Date of creation: 2009
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Handle: RePEc:zbw:zewdip:09028

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Keywords: academic inventors; university-industry technology transfer; intellectual property rights;

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References

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Citations

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Cited by:
  1. Valerio STERZI (GREThA, CNRS, UMR 5113 & KITES, Bocconi University), 2012. "Academic patent value and knowledge transfer in the UK: Does patent ownership matter?," Cahiers du GREThA 2012-07, Groupe de Recherche en Economie Théorique et Appliquée.
  2. Della Malva, Antonio, 2012. "Essays on the economic and strategic implications of science," Open Access publications from Maastricht University urn:nbn:nl:ui:27-28756, Maastricht University.
  3. Francesco LISSONI (GREThA, CNRS, UMR 5113) & Fabio MONTOBBIO (KITeS, Université BOCCONI - Milan), 2012. "The ownership of academic patents and their impact. Evidence from five European countries," Cahiers du GREThA 2012-24, Groupe de Recherche en Economie Théorique et Appliquée.

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