IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2011v2p56-62.html

Knowledge From Research As A Quasi-Public Good

Author

Listed:
  • Attila György

    (Bucharest Academy of Economic Studies, Romania)

Abstract

Knowledge is a special quasi-public good which is delivered by several types of institutions, including public and private universities. Knowledge to be produced in bigger quantities, the state should contribute with budgetary financial support as subsidies or grants to cover a part of expenses. States are supporting research from public resources, especially the basic research which enjoy a smaller interest from the private research units due its small potential to be implemented and recovered throughout price. Public co-founding of research generates problems regarding the regime of patents’ ownership because financing bodies have divergent opinion regarding the utility of research in society’s development. There are different approaches offered in solving this problem, taking into account the forms of realizing this quasi-public good, approaches based especially on different type of joint-ventures. Academic research, perceived as a very important and income generating activity, is done in a very large scale of combinations between universities and private entities. These complicated relations generates information asymmetry specific to principal-agent relations in economy. The control of information asymmetry level is important because a high level corresponds to inefficient use of funds and smaller satisfaction of general needs.

Suggested Citation

  • Attila György, 2011. "Knowledge From Research As A Quasi-Public Good," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 56-62, May.
    • Handle: RePEc:cbu:jrnlec:y:2011:v:2:p:56-62
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2011-02/6_ATTILA_GYORGY.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. D'Este, P. & Patel, P., 2007. "University-industry linkages in the UK: What are the factors underlying the variety of interactions with industry?," Research Policy, Elsevier, vol. 36(9), pages 1295-1313, November.
    2. Cristiano Antonelli, 2008. "The new economics of the university: a knowledge governance approach," The Journal of Technology Transfer, Springer, vol. 33(1), pages 1-22, February.
    3. Aikaterini KOKKINOU, 2010. "Economic growth, innovation and collaborative research and development activities," Management & Marketing, Economic Publishing House, vol. 5(1), Spring.
    4. Jensen, Richard A. & Thursby, Jerry G. & Thursby, Marie C., 2003. "Disclosure and licensing of University inventions: 'The best we can do with the s**t we get to work with'," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1271-1300, November.
    5. Antonelli, Cristiano, 2005. "Models of knowledge and systems of governance," Journal of Institutional Economics, Cambridge University Press, vol. 1(1), pages 51-73, June.
    6. repec:reg:rpubli:449 is not listed on IDEAS
    7. Hessels, Laurens K. & van Lente, Harro, 2008. "Re-thinking new knowledge production: A literature review and a research agenda," Research Policy, Elsevier, vol. 37(4), pages 740-760, May.
    8. Hans Lööf & Anders Broström, 2008. "Does knowledge diffusion between university and industry increase innovativeness?," The Journal of Technology Transfer, Springer, vol. 33(1), pages 73-90, February.
    9. Albert N. Link & Donald S. Siegel & Barry Bozeman, 2007. "An empirical analysis of the propensity of academics to engage in informal university technology transfer ," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 16(4), pages 641-655, August.
    10. Robert E. Litan & Lesa Mitchell & E. J. Reedy, 2008. "Commercializing University Innovations: Alternative Approaches," NBER Chapters, in: Innovation Policy and the Economy, Volume 8, pages 31-57, National Bureau of Economic Research, Inc.
    11. Laurens K. Hessels & Harro van Lente, 2008. "Re-thinking knowledge production: a literature review and a research agenda," Innovation Studies Utrecht (ISU) working paper series 08-03, Utrecht University, Department of Innovation Studies, revised Feb 2008.
    12. Paul S. Adler, 2001. "Market, Hierarchy, and Trust: The Knowledge Economy and the Future of Capitalism," Organization Science, INFORMS, vol. 12(2), pages 215-234, April.
    13. Richard A. Jensen & Jerry G. Thursby & Marie C. Thursby, 2003. "The Disclosure and Licensing of University Inventions," NBER Working Papers 9734, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Isabel Maria Bodas Freitas & Aldo Geuna & Federica Rossi, 2011. "University–Industry Interactions: The Unresolved Puzzle," Chapters, in: Cristiano Antonelli (ed.), Handbook on the Economic Complexity of Technological Change, chapter 11, Edward Elgar Publishing.
    2. Roberto Iorio & Sandrine Labory & Francesco Rentocchini, 2014. "Academics’ Motivations and Depth and Breadth of Knowledge Transfer Activities," Working Papers 1401, c.MET-05 - Centro Interuniversitario di Economia Applicata alle Politiche per L'industria, lo Sviluppo locale e l'Internazionalizzazione.
    3. Federica Rossi & Ainurul Rosli, 2013. "Indicators of university-industry knowledge transfer performance and their implications for universities: Evidence from the UK’s HE-BCI survey," Working Papers 13, Birkbeck Centre for Innovation Management Research, revised Aug 2013.
    4. Barry Bozeman & Daniel Fay & Catherine Slade, 2013. "Research collaboration in universities and academic entrepreneurship: the-state-of-the-art," The Journal of Technology Transfer, Springer, vol. 38(1), pages 1-67, February.
    5. Abreu, Maria & Grinevich, Vadim, 2013. "The nature of academic entrepreneurship in the UK: Widening the focus on entrepreneurial activities," Research Policy, Elsevier, vol. 42(2), pages 408-422.
    6. Alessandro Muscio, 2010. "What drives the university use of technology transfer offices? Evidence from Italy," The Journal of Technology Transfer, Springer, vol. 35(2), pages 181-202, April.
    7. Junghee Han & Almas Heshmati, 2016. "Determinants of financial rewards from industry-university collaboration in South Korea," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 20(3/4), pages 235-257.
    8. Ellwood, Paul & Williams, Ceri & Egan, John, 2022. "Crossing the valley of death: Five underlying innovation processes," Technovation, Elsevier, vol. 109(C).
    9. Battaglia, Daniele & Landoni, Paolo & Rizzitelli, Francesco, 2017. "Organizational structures for external growth of University Technology Transfer Offices: An explorative analysis," Technological Forecasting and Social Change, Elsevier, vol. 123(C), pages 45-56.
    10. Scott Shane & Sharon Dolmans & Joseph Jankowski & Isabelle Reymen & A. Romme, 2015. "Academic entrepreneurship: Which inventors do technology licensing officers prefer for spinoffs?," The Journal of Technology Transfer, Springer, vol. 40(2), pages 273-292, April.
    11. Andreas Panagopoulos & Elias Carayannis, 2013. "A policy for enhancing the disclosure of university faculty invention," The Journal of Technology Transfer, Springer, vol. 38(3), pages 341-347, June.
    12. 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).
    13. Giorgio Calcagnini & Germana Giombini & Paolo Liberati & Giuseppe Travaglini, 2019. "Technology transfer with search intensity and project advertising," The Journal of Technology Transfer, Springer, vol. 44(5), pages 1529-1546, October.
    14. Pablo D’Este & Irene Ramos-Vielba & Richard Woolley & Nabil Amara, 2018. "How do researchers generate scientific and societal impacts? Toward an analytical and operational framework," Science and Public Policy, Oxford University Press, vol. 45(6), pages 752-763.
    15. Patrick S. W. Fong & Xuhua Chang & Qiang Chen, 2018. "Faculty patent assignment in the Chinese mainland: evidence from the top 35 patent application universities," The Journal of Technology Transfer, Springer, vol. 43(1), pages 69-95, February.
    16. Isabel Maria Bodas Freitas & Aldo Geuna & Federica Rossi, 2012. "The governance of formal university-industry interactions: Understanding the rationales for alternative models," Post-Print hal-01487508, HAL.
    17. Niels Stijn & Frank J. Rijnsoever & Martine Veelen, 2018. "Exploring the motives and practices of university–start-up interaction: evidence from Route 128," The Journal of Technology Transfer, Springer, vol. 43(3), pages 674-713, June.
    18. Samantha Bradley & Christopher Hayter & Albert Link, 2013. "Proof of Concept Centers in the United States: an exploratory look," The Journal of Technology Transfer, Springer, vol. 38(4), pages 349-381, August.
    19. O’Kane, Conor & Mangematin, Vincent & Geoghegan, Will & Fitzgerald, Ciara, 2015. "University technology transfer offices: The search for identity to build legitimacy," Research Policy, Elsevier, vol. 44(2), pages 421-437.
    20. Aldo Geuna & Alessandro Muscio, 2008. "The governance of University knowledge transfer," SPRU Working Paper Series 173, SPRU - Science Policy Research Unit, University of Sussex Business School.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2011:v:2:p:56-62. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.