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US faculty patenting: Inside and outside the university

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  • Thursby, Jerry
  • Fuller, Anne W.
  • Thursby, Marie

Abstract

In a sample of 5811 patents with US faculty as inventors, 26% are assigned solely to firms rather than universities as dictated by US university employment policies and Bayh-Dole. We relate assignment to patent characteristics, university policy, and inventor field. Patents assigned to firms (whether established or start-ups with inventor as principal) are less basic than those assigned to universities suggesting firm assigned patents result from faculty consulting. Assignment to inventor-related start-ups is less likely the higher the share of revenue inventors receive from university-licensed patents. Firm assignment also varies by inventor field and whether the university is public or private.

Suggested Citation

  • Thursby, Jerry & Fuller, Anne W. & Thursby, Marie, 2009. "US faculty patenting: Inside and outside the university," Research Policy, Elsevier, vol. 38(1), pages 14-25, February.
  • Handle: RePEc:eee:respol:v:38:y:2009:i:1:p:14-25
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    More about this item

    Keywords

    Faculty patenting Consulting University-industry technology transfer Academic entrepreneurship;

    JEL classification:

    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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