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Faculty participation in licensing: Implications for research

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  • Thursby, Jerry G.
  • Thursby, Marie C.

Abstract

We exploit a unique database on research and invention disclosure of faculty at 11 major US universities over a period of 17 years to explore the extent to which faculty involvement in license activity has affected their research profiles. We relate faculty disclosures to their industry and government-sponsored research, publications, and citations. Recent disclosure by faculty has a positive effect on industry and government funding, but, if they disclose multiple times, the effect on government funding can be negative. Recent and repeated disclosures increase the faculty member's publication count as well as the importance of these publications in terms of citations. We also examine life-cycle effects and find that the ability to attract funding and the rate of publication increase as the faculty member ages but at a decreasing rate. We also find that post-tenure, both types of funding decrease.

Suggested Citation

  • Thursby, Jerry G. & Thursby, Marie C., 2011. "Faculty participation in licensing: Implications for research," Research Policy, Elsevier, vol. 40(1), pages 20-29, February.
    • Handle: RePEc:eee:respol:v:40:y:2011:i:1:p:20-29
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    References listed on IDEAS

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    1. Richard A. Jensen & Marie C. Thursby, 2004. "Patent Licensing and the Research University," NBER Working Papers 10758, National Bureau of Economic Research, Inc.
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    11. Marie C. Thursby & Jerry Thursby & Swasti Gupta-Mukherjee, 2007. "Are There Real Effects of Licensing on Academic Research? A Life Cycle View," NBER Chapters, in: Academic Science and Entrepreneurship: Dual Engines of Growth, National Bureau of Economic Research, Inc.
    12. Gulbrandsen, Magnus & Smeby, Jens-Christian, 2005. "Industry funding and university professors' research performance," Research Policy, Elsevier, vol. 34(6), pages 932-950, August.
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    21. Thursby, Jerry G & Jensen, Richard & Thursby, Marie C, 2001. "Objectives, Characteristics and Outcomes of University Licensing: A Survey of Major U.S. Universities," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 59-72, January.
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