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Optimal incentives for income-generation in universities: the rule of thumb for the Compton tax

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  • Beath, John
  • Owen, Robert F.
  • Poyago-Theotoky, Joanna
  • Ulph, David

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  • Beath, John & Owen, Robert F. & Poyago-Theotoky, Joanna & Ulph, David, 2003. "Optimal incentives for income-generation in universities: the rule of thumb for the Compton tax," International Journal of Industrial Organization, Elsevier, vol. 21(9), pages 1301-1322, November.
    • Handle: RePEc:eee:indorg:v:21:y:2003:i:9:p:1301-1322
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    1. Scott Stern, 1999. "Do Scientists Pay to Be Scientists?," NBER Working Papers 7410, National Bureau of Economic Research, Inc.
    2. Kenneth J. Arrow, 1987. "Reflections on the Essays," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Arrow and the Ascent of Modern Economic Theory, chapter 23, pages 685-689, Palgrave Macmillan.
    3. Iain Cockburn & Rebecca Henderson & Scott Stern, 1999. "The Diffusion of Science-Driven Drug Discovery: Organizational Change in Pharmaceutical Research," NBER Working Papers 7359, National Bureau of Economic Research, Inc.
    4. Levin, Sharon G & Stephan, Paula E, 1991. "Research Productivity over the Life Cycle: Evidence for Academic Scientists," American Economic Review, American Economic Association, vol. 81(1), pages 114-132, March.
    5. De Fraja, Gianni & Iossa, Elisabetta, 2002. "Competition among Universities and the Emergence of the Elite Institution," Bulletin of Economic Research, Wiley Blackwell, vol. 54(3), pages 275-293, July.
    6. Rey, Elena Del, 2001. "Teaching versus Research: A Model of State University Competition," Journal of Urban Economics, Elsevier, vol. 49(2), pages 356-373, March.
    7. Siegel, Donald S. & Waldman, David & Link, Albert, 2003. "Assessing the impact of organizational practices on the relative productivity of university technology transfer offices: an exploratory study," Research Policy, Elsevier, vol. 32(1), pages 27-48, January.
    8. Louis, Karen Seashore & Jones, Lisa M. & Anderson, Melissa S. & Blumenthal, David & Campbell, Eric G., 2001. "Entrepreneurship, Secrecy, and Productivity: A Comparison of Clinical and Non-clinical Life Sciences Faculty," The Journal of Technology Transfer, Springer, vol. 26(3), pages 233-245, June.
    9. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-596, September.
    10. Bronwyn H. Hall & Albert N. Link & John T. Scott, 2003. "Universities as Research Partners," The Review of Economics and Statistics, MIT Press, vol. 85(2), pages 485-491, May.
    11. Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
    12. Partha Dasgupta & Paul A. David, 1987. "Information Disclosure and the Economics of Science and Technology," Palgrave Macmillan Books, in: George R. Feiwel (ed.), Arrow and the Ascent of Modern Economic Theory, chapter 16, pages 519-542, Palgrave Macmillan.
    13. Stephan, Paula E., 2010. "The Economics of Science," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 217-273, Elsevier.
    14. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-970, December.
    15. Marie Thursby & Richard Jensen, 2001. "Proofs and Prototypes for Sale: The Licensing of University Inventions," American Economic Review, American Economic Association, vol. 91(1), pages 240-259, March.
    16. Michael R. Darby & Lynne G. Zucker, 1999. "Local Academic Science Driving Organizational Change: The Adoption of Biotechnology by Japanese Firms," NBER Working Papers 7248, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Gautier, Axel & Wauthy, Xavier, 2007. "Teaching versus research: A multi-tasking approach to multi-department universities," European Economic Review, Elsevier, vol. 51(2), pages 273-295, February.
    2. Marie‐Laure Cabon‐Dhersin & Emmanuelle Taugourdeau, 2018. "Location and research activities organization: Could public/private cooperation be harmful?," Papers in Regional Science, Wiley Blackwell, vol. 97(4), pages 883-907, November.
    3. Marie-Laure Cabon-Dhersin & Jonas Didisse, 2017. "Inter-university competition and high tuition fees," Post-Print hal-02356872, HAL.
    4. Masahito Ambashi, 2021. "Theoretical Analysis of University Research and Teaching in the Presence of External Research Funding," KIER Working Papers 1069, Kyoto University, Institute of Economic Research.
    5. Marie‐Laure Cabon‐Dhersin & Emmanuelle Taugourdeau, 2018. "Location and research activities organization: Could public/private cooperation be harmful?," Papers in Regional Science, Wiley Blackwell, vol. 97(4), pages 883-907, November.
    6. El Ouardighi, Fouad & Kogan, Konstantin & Vranceanu , Radu, 2013. "Publish or Teach ? : Analysis of the Professor's Optimal Career Plan," ESSEC Working Papers WP1307, ESSEC Research Center, ESSEC Business School.
    7. Ryan, Paul & Geoghegan, Will & Hilliard, Rachel, 2018. "The microfoundations of firms’ explorative innovation capabilities within the triple helix framework," Technovation, Elsevier, vol. 76, pages 15-27.
    8. Gavin Cameron & Christopher Wallace, 2007. "Technology Shops: Efficient Pricing In Business-University Collaborations," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(1), pages 17-30.
    9. Beath, John & Poyago-Theotoky, Joanna & Ulph, David, 2012. "University funding systems: Impact on research and teaching," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 6, pages 1-24.
    10. Arvanitis, Spyros & Kubli, Ursina & Woerter, Martin, 2008. "University-industry knowledge and technology transfer in Switzerland: What university scientists think about co-operation with private enterprises," Research Policy, Elsevier, vol. 37(10), pages 1865-1883, December.
    11. repec:hal:journl:hal-00823514 is not listed on IDEAS
    12. Bulut, Harun & Moschini, GianCarlo, 2006. "U.S. Universitiesï¾’ Net Returns from Patenting and Licensing: A Quantile Regression Analysis," Staff General Research Papers Archive 12672, Iowa State University, Department of Economics.
    13. Marie-Laure Cabon-Dhersin & Romain Gibert, 2017. "Cooperation or non-cooperation in R&D: how should research be funded? ," Working Papers hal-01587014, HAL.
    14. Muscio, Alessandro & Quaglione, Davide & Vallanti, Giovanna, 2013. "Does government funding complement or substitute private research funding to universities?," Research Policy, Elsevier, vol. 42(1), pages 63-75.
    15. John Beath & Joanna Poyago-Theotoky & David Ulph, 2005. "University Funding Systems and their Impact on Research and Teaching: A General Framework," Discussion Paper Series 2005_2, Department of Economics, Loughborough University.
    16. Joan Rosselló, 2006. "Incentives to Research in European Public Universities," DEA Working Papers 24, Universitat de les Illes Balears, Departament d'Economía Aplicada.
    17. Marie-Laure Cabon-Dhersin & Emmanuelle Taugourdeau, 2015. "Research clusters: How public subsidies matter?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01159523, HAL.
    18. Spyros Arvanitis & Ursina Kubli & Martin Woerter, 2006. "University-Industry Knowledge Interaction in Switzerland: What University Scientists Think about Co-operation with Private Enterprises," KOF Working papers 06-132, KOF Swiss Economic Institute, ETH Zurich.
    19. H. Bulut & G. Moschini, 2009. "US universities' net returns from patenting and licensing: a quantile regression analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 18(2), pages 123-137.
    20. El Ouardighi, Fouad & Kogan, Konstantin & Vranceanu, Radu, 2013. "Publish or teach? Analysis of the professor's optimal career path," Journal of Economic Dynamics and Control, Elsevier, vol. 37(10), pages 1995-2009.
    21. Chellaraj, Gnanaraj & Maskus, Keith E. & Mattoo, Aaditya, 2005. "The contribution of skilled immigration and international graduate students to U.S. innovation," Policy Research Working Paper Series 3588, The World Bank.
    22. Uwe Cantner & Martin Kalthaus & Indira Yarullina, 2022. "Outcomes of Science-Industry Collaboration: Factors and Interdependencies," Jena Economics Research Papers 2022-003, Friedrich-Schiller-University Jena.
    23. Marie-Laure Cabon-Dhersin & Romain Gibert, 2018. "Cooperation or non-cooperation in R&D: how should research be funded?," Post-Print hal-02006515, HAL.
    24. Nicola Baldini, 2008. "Negative effects of university patenting: Myths and grounded evidence," Scientometrics, Springer;Akadémiai Kiadó, vol. 75(2), pages 289-311, May.

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