IDEAS home Printed from https://ideas.repec.org/a/eee/respol/v40y2011i1p69-80.html
   My bibliography  Save this article

Divergent paths to commercial science: A comparison of scientists' founding and advising activities

Author

Listed:
  • Ding, Waverly
  • Choi, Emily

Abstract

This paper investigates the difference in the profiles of university scientists who have founded or advised companies. We analyzed the commercial activities of a sample of 6138 university life scientists and found that the profiles of scientists who become academic entrepreneurs are different from those who become companies' scientific advisors. Founding activity occurs earlier during a scientist's career than advising. Factors such as gender, research productivity, social networks and employer characteristics also differ in their effects on the propensity for founding and advising. In addition, regression analysis shows that being a company's scientific advisor decreases the probability of becoming an academic founder. Overall, evidence from our analysis suggests that founding and advising are two divergent paths for commercially oriented university scientists.

Suggested Citation

  • Ding, Waverly & Choi, Emily, 2011. "Divergent paths to commercial science: A comparison of scientists' founding and advising activities," Research Policy, Elsevier, vol. 40(1), pages 69-80, February.
  • Handle: RePEc:eee:respol:v:40:y:2011:i:1:p:69-80
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0048-7333(10)00201-5
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Colyvas, Jeannette A., 2007. "From divergent meanings to common practices: The early institutionalization of technology transfer in the life sciences at Stanford University," Research Policy, Elsevier, vol. 36(4), pages 456-476, May.
    2. Stephan, Paula E & Everhart, Stephen S, 1998. "The Changing Rewards to Science: The Case of Biotechnology," Small Business Economics, Springer, vol. 10(2), pages 141-151, March.
    3. 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.
    4. Pierre Azoulay & Waverly Ding & Toby Stuart, 2007. "The Determinants of Faculty Patenting Behavior: Demographics or Opportunities?," NBER Chapters,in: Academic Science and Entrepreneurship: Dual Engines of Growth National Bureau of Economic Research, Inc.
    5. S. Redner, 1998. "How popular is your paper? An empirical study of the citation distribution," The European Physical Journal B: Condensed Matter and Complex Systems, Springer;EDP Sciences, vol. 4(2), pages 131-134, July.
    6. Jerry G. Thursby & Marie C. Thursby, 2002. "Who Is Selling the Ivory Tower? Sources of Growth in University Licensing," Management Science, INFORMS, vol. 48(1), pages 90-104, January.
    7. Scott Shane & Toby Stuart, 2002. "Organizational Endowments and the Performance of University Start-ups," Management Science, INFORMS, vol. 48(1), pages 154-170, January.
    8. Rebecca Henderson & Adam B. Jaffe & Manuel Trajtenberg, 1998. "Universities As A Source Of Commercial Technology: A Detailed Analysis Of University Patenting, 1965-1988," The Review of Economics and Statistics, MIT Press, vol. 80(1), pages 119-127, February.
    9. Kenney, Martin & Richard Goe, W., 2004. "The role of social embeddedness in professorial entrepreneurship: a comparison of electrical engineering and computer science at UC Berkeley and Stanford," Research Policy, Elsevier, vol. 33(5), pages 691-707, July.
    10. Fiona Murray & Leigh Graham, 2007. "Buying science and selling science: gender differences in the market for commercial science," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 657-689, August.
    11. Paula Stephan & Shiferaw Gurmu & Albert Sumell & Grant Black, 2007. "Who'S Patenting In The University? Evidence From The Survey Of Doctorate Recipients," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(2), pages 71-99.
    12. Jerry G. Thursby & Marie C. Thursby, 2004. "Are Faculty Critical? Their Role in University-Industry Licensing," Contemporary Economic Policy, Western Economic Association International, vol. 22(2), pages 162-178, April.
    13. Alice Lam, 2007. "Knowledge Networks and Careers: Academic Scientists in Industry-University Links," Journal of Management Studies, Wiley Blackwell, vol. 44(6), pages 993-1016, September.
    14. Azoulay, Pierre & Ding, Waverly & Stuart, Toby, 2007. "The determinants of faculty patenting behavior: Demographics or opportunities?," Journal of Economic Behavior & Organization, Elsevier, vol. 63(4), pages 599-623, August.
    15. Fabrizio, Kira R. & Di Minin, Alberto, 2008. "Commercializing the laboratory: Faculty patenting and the open science environment," Research Policy, Elsevier, vol. 37(5), pages 914-931, June.
    16. Stephan, Paula E & Levin, Sharon G, 1996. "Property Rights and Entrepreneurship in Science," Small Business Economics, Springer, vol. 8(3), pages 177-188, June.
    17. Stuart, Toby E. & Ozdemir, Salih Zeki & Ding, Waverly W., 2007. "Vertical alliance networks: The case of university-biotechnology-pharmaceutical alliance chains," Research Policy, Elsevier, vol. 36(4), pages 477-498, May.
    18. Jain, Sanjay & George, Gerard & Maltarich, Mark, 2009. "Academics or entrepreneurs? Investigating role identity modification of university scientists involved in commercialization activity," Research Policy, Elsevier, vol. 38(6), pages 922-935, July.
    19. Owen-Smith, Jason & Powell, Walter W, 2001. "To Patent or Not: Faculty Decisions and Institutional Success at Technology Transfer," The Journal of Technology Transfer, Springer, vol. 26(1-2), pages 99-114, January.
    20. Scott Shane & Rakesh Khurana, 2003. "Bringing individuals back in: the effects of career experience on new firm founding," Industrial and Corporate Change, Oxford University Press, vol. 12(3), pages 519-543, June.
    21. Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
    22. Scott Shane & Daniel Cable, 2002. "Network Ties, Reputation, and the Financing of New Ventures," Management Science, INFORMS, vol. 48(3), pages 364-381, March.
    23. Sexton, Donald L. & Bowman, Nancy, 1985. "The entrepreneur: A capable executive and more," Journal of Business Venturing, Elsevier, vol. 1(1), pages 129-140.
    24. Balconi, Margherita & Breschi, Stefano & Lissoni, Francesco, 2004. "Networks of inventors and the role of academia: an exploration of Italian patent data," Research Policy, Elsevier, vol. 33(1), pages 127-145, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Meng, Yu, 2016. "Collaboration patterns and patenting: Exploring gender distinctions," Research Policy, Elsevier, vol. 45(1), pages 56-67.
    2. Aurora A. C. Teixeira & João Nogueira, 2016. "Academic Entrepreneurship In Life Sciences: The Case Of A Moderate Innovator Country," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(01), pages 1-21, March.
    3. Iorio, Roberto & Labory, Sandrine & Rentocchini, Francesco, 2017. "The importance of pro-social behaviour for the breadth and depth of knowledge transfer activities: An analysis of Italian academic scientists," Research Policy, Elsevier, vol. 46(2), pages 497-509.
    4. repec:spr:jahrfr:v:38:y:2018:i:1:d:10.1007_s10037-017-0114-y is not listed on IDEAS
    5. Petra Moog & Arndt Werner & Stefan Houweling & Uschi Backes-Gellner, 2015. "The impact of skills, working time allocation and peer effects on the entrepreneurial intentions of scientists," The Journal of Technology Transfer, Springer, vol. 40(3), pages 493-511, June.
    6. repec:eee:tefoso:v:123:y:2017:i:c:p:161-168 is not listed on IDEAS
    7. Sauermann, Henry & Roach, Michael, 2013. "Increasing web survey response rates in innovation research: An experimental study of static and dynamic contact design features," Research Policy, Elsevier, vol. 42(1), pages 273-286.
    8. Islam, Jamal & Mohajan, Haradhan & Datta, Rajib, 2011. "Organizational models in university-industry collaboration: international perspective," MPRA Paper 50700, University Library of Munich, Germany, revised 09 Oct 2011.
    9. Llopis,Oscar & D’Este,Pablo, 2014. "Connections Matter: How Personal Network Structure Influences Biomedical Scientists’ Engagement in Medical Innovation," INGENIO (CSIC-UPV) Working Paper Series 201402, INGENIO (CSIC-UPV), revised 07 Mar 2014.
    10. Chai, Sen & Shih, Willy, 2016. "Bridging science and technology through academic–industry partnerships," Research Policy, Elsevier, vol. 45(1), pages 148-158.
    11. Subramanian, Annapoornima M. & Lim, Kwanghui & Soh, Pek-Hooi, 2013. "When birds of a feather don’t flock together: Different scientists and the roles they play in biotech R&D alliances," Research Policy, Elsevier, vol. 42(3), pages 595-612.
    12. Nora Hesse, 2015. "Students' Career Attitudes - How Entrepreneurial Are Prospective Scientists?," Working Papers on Innovation and Space 2015-03, Philipps University Marburg, Department of Geography.
    13. Eesley, Charles & Wang, Yanbo, 2017. "Social influence in career choice: Evidence from a randomized field experiment on entrepreneurial mentorship," Research Policy, Elsevier, vol. 46(3), pages 636-650.
    14. Würmseher, Martin, 2017. "To each his own: Matching different entrepreneurial models to the academic scientist's individual needs," Technovation, Elsevier, vol. 59(C), pages 1-17.
    15. Soh, Pek-Hooi & Subramanian, Annapoornima M., 2014. "When do firms benefit from university–industry R&D collaborations? The implications of firm R&D focus on scientific research and technological recombination," Journal of Business Venturing, Elsevier, vol. 29(6), pages 807-821.
    16. Llopis, Oscar & D’Este, Pablo, 2016. "Beneficiary contact and innovation: The relation between contact with patients and medical innovation under different institutional logics," Research Policy, Elsevier, vol. 45(8), pages 1512-1523.

    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:eee:respol:v:40:y:2011:i:1:p:69-80. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/respol .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.