IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

30 years after Bayh-Dole: Reassessing academic entrepreneurship

  • Grimaldi, Rosa
  • Kenney, Martin
  • Siegel, Donald S.
  • Wright, Mike

On the 30th anniversary of enactment of the Bayh-Dole Act in the U.S., we consider the rationale for academic entrepreneurship and describe the evolving role of universities in the commercialization of research. We also discuss and appraise the effects of legislative reform in several OECD countries relating to academic entrepreneurship. The article synthesizes papers from the special section and outlines an agenda for additional research on various aspects of academic entrepreneurship in terms of system, university and individual levels. We also consider measurement and methodological issues that must be addressed in additional research.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.sciencedirect.com/science/article/pii/S0048733311000874
Download Restriction: Full text for ScienceDirect subscribers only

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Elsevier in its journal Research Policy.

Volume (Year): 40 (2011)
Issue (Month): 8 (October)
Pages: 1045-1057

as
in new window

Handle: RePEc:eee:respol:v:40:y:2011:i:8:p:1045-1057
Contact details of provider: Web page: http://www.elsevier.com/locate/respol

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Frank T. Rothaermel & Shanti D. Agung & Lin Jiang, 2007. "University entrepreneurship: a taxonomy of the literature," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 691-791, August.
  2. Bart Clarysse & Mike Wright & Andy Lockett & Philippe Mustar & Mirjam Knockaert, 2007. "Academic spin-offs, formal technology transfer and capital raising," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 609-640, August.
  3. David H. Hsu & Martin Kenney, 2005. "Organizing venture capital: the rise and demise of American Research & Development Corporation, 1946--1973," Industrial and Corporate Change, Oxford University Press, vol. 14(4), pages 579-616, August.
  4. Jean-Jacques Degroof & Edward B. Roberts, 2004. "Overcoming Weak Entrepreneurial Infrastructures for Academic Spin-Off Ventures," The Journal of Technology Transfer, Springer, vol. 29(3_4), pages 327-352, 08.
  5. Rothaermel, Frank T. & Thursby, Marie, 2005. "University-incubator firm knowledge flows: assessing their impact on incubator firm performance," Research Policy, Elsevier, vol. 34(3), pages 305-320, April.
  6. Sanjay Jain & Gerard George, 2007. "Technology transfer offices as institutional entrepreneurs: the case of Wisconsin Alumni Research Foundation and human embryonic stem cells," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 535-567, August.
  7. Louis, Karen Seashore, et al, 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 233-45, June.
  8. Lockett, Andy & Wright, Mike, 2005. "Resources, capabilities, risk capital and the creation of university spin-out companies," Research Policy, Elsevier, vol. 34(7), pages 1043-1057, September.
  9. Stefan Krabel & Donald Siegel & Viktor Slavtchev, 2012. "The internationalization of science and its influence on academic entrepreneurship," The Journal of Technology Transfer, Springer, vol. 37(2), pages 192-212, April.
  10. 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.
  11. repec:dgr:tuecis:0605 is not listed on IDEAS
  12. Welsh, Rick & Glenna, Leland & Lacy, William & Biscotti, Dina, 2008. "Close enough but not too far: Assessing the effects of university-industry research relationships and the rise of academic capitalism," Research Policy, Elsevier, vol. 37(10), pages 1854-1864, December.
  13. 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.
  14. Saragossi, Sarina & van Pottelsberghe de la Potterie, Bruno, 2003. " What Patent Data Reveal about Universities: The Case of Belgium," The Journal of Technology Transfer, Springer, vol. 28(1), pages 47-51, January.
  15. Wright, Mike & Clarysse, Bart & Lockett, Andy & Knockaert, Mirjam, 2008. "Mid-range universities' linkages with industry: Knowledge types and the role of intermediaries," Research Policy, Elsevier, vol. 37(8), pages 1205-1223, September.
  16. Martin Meyer, 2003. "Academic patents as an indicator of useful research? A new approach to measure academic inventiveness," Research Evaluation, Oxford University Press, vol. 12(1), pages 17-27, April.
  17. Bercovitz, Janet & Feldman, Maryann, 2011. "The mechanisms of collaboration in inventive teams: Composition, social networks, and geography," Research Policy, Elsevier, vol. 40(1), pages 81-93, February.
  18. Philippe Mustar & Mike Wright, 2010. "Convergence or path dependency in policies to foster the creation of university spin-off firms? A comparison of France and the United Kingdom," The Journal of Technology Transfer, Springer, vol. 35(1), pages 42-65, February.
  19. Meyer-Krahmer, Frieder & Schmoch, Ulrich, 1998. "Science-based technologies: university-industry interactions in four fields," Research Policy, Elsevier, vol. 27(8), pages 835-851, December.
  20. Zucker, Lynne G & Darby, Michael R & Brewer, Marilynn B, 1998. "Intellectual Human Capital and the Birth of U.S. Biotechnology Enterprises," American Economic Review, American Economic Association, vol. 88(1), pages 290-306, March.
  21. Zahra, Shaker A. & Filatotchev, Igor & Wright, Mike, 2009. "How do threshold firms sustain corporate entrepreneurship? The role of boards and absorptive capacity," Journal of Business Venturing, Elsevier, vol. 24(3), pages 248-260, May.
  22. Tina C. Ambos & Kristiina Mäkelä & Julian Birkinshaw & Pablo D'Este, 2008. "When Does University Research Get Commercialized? Creating Ambidexterity in Research Institutions," Journal of Management Studies, Wiley Blackwell, vol. 45(8), pages 1424-1447, December.
  23. Bart Verspagen, 2006. "University Research, Intellectual Property Rights And European Innovation Systems," Journal of Economic Surveys, Wiley Blackwell, vol. 20(4), pages 607-632, 09.
  24. Jaffe, Adam B & Trajtenberg, Manuel & Henderson, Rebecca, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 577-98, August.
  25. Casper, Steven, 2007. "How do technology clusters emerge and become sustainable?: Social network formation and inter-firm mobility within the San Diego biotechnology cluster," Research Policy, Elsevier, vol. 36(4), pages 438-455, May.
  26. Di Gregorio, Dante & Shane, Scott, 2003. "Why do some universities generate more start-ups than others?," Research Policy, Elsevier, vol. 32(2), pages 209-227, February.
  27. Mustar, Philippe & Renault, Marie & Colombo, Massimo G. & Piva, Evila & Fontes, Margarida & Lockett, Andy & Wright, Mike & Clarysse, Bart & Moray, Nathalie, 2006. "Conceptualising the heterogeneity of research-based spin-offs: A multi-dimensional taxonomy," Research Policy, Elsevier, vol. 35(2), pages 289-308, March.
  28. Josh Lerner, 2005. "The University and the Start-Up:Lessons from the Past Two Decades," The Journal of Technology Transfer, Springer, vol. 30(2_2), pages 49-56, 01.
  29. Robert Lowe, 2006. "Who Develops a University Invention? The Impact of Tacit Knowledge and Licensing Policies," The Journal of Technology Transfer, Springer, vol. 31(4), pages 415-429, 07.
  30. Kenney, Martin & von Burg, Urs, 1999. "Technology, Entrepreneurship and Path Dependence: Industrial Clustering in Silicon Valley and Route 128," Industrial and Corporate Change, Oxford University Press, vol. 8(1), pages 67-103, March.
  31. Nelson, Andrew J., 2009. "Measuring knowledge spillovers: What patents, licenses and publications reveal about innovation diffusion," Research Policy, Elsevier, vol. 38(6), pages 994-1005, July.
  32. Schartinger, Doris & Rammer, Christian & Fischer, Manfred M. & Frohlich, Josef, 2002. "Knowledge interactions between universities and industry in Austria: sectoral patterns and determinants," Research Policy, Elsevier, vol. 31(3), pages 303-328, March.
  33. Mike Wright & Ajay Vohora & Andy Lockett, 2004. "The Formation of High-Tech University Spinouts: The Role of Joint Ventures and Venture Capital Investors," The Journal of Technology Transfer, Springer, vol. 29(3_4), pages 287-310, 08.
  34. Baldini, Nicola, 2009. "Implementing Bayh-Dole-like laws: Faculty problems and their impact on university patenting activity," Research Policy, Elsevier, vol. 38(8), pages 1217-1224, October.
  35. 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.
  36. Mian, Sarfraz A., 1996. "Assessing value-added contributions of university technology business incubators to tenant firms," Research Policy, Elsevier, vol. 25(3), pages 325-335, May.
  37. Baldini, Nicola & Grimaldi, Rosa & Sobrero, Maurizio, 2006. "Institutional changes and the commercialization of academic knowledge: A study of Italian universities' patenting activities between 1965 and 2002," Research Policy, Elsevier, vol. 35(4), pages 518-532, May.
  38. B. Clarysse & M. Wright & A. Lockett & E. Van De Velde & A. Vohora, 2004. "Spinning Out New Ventures: A Typology Of Incubation Strategies From European Research Institutions," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 04/228, Ghent University, Faculty of Economics and Business Administration.
  39. Lockett, Andy & Siegel, Donald & Wright, Mike & Ensley, Michael D., 2005. "The creation of spin-off firms at public research institutions: Managerial and policy implications," Research Policy, Elsevier, vol. 34(7), pages 981-993, September.
  40. Susan M. Walcott, 2002. "Analyzing an Innovative Environment: San Diego as a Bioscience Beachhead," Economic Development Quarterly, , vol. 16(2), pages 99-114, May.
  41. Riccardo Fini & Rosa Grimaldi & Maurizio Sobrero, 2009. "Factors fostering academics to start up new ventures: an assessment of Italian founders’ incentives," The Journal of Technology Transfer, Springer, vol. 34(4), pages 380-402, August.
  42. Murray, Fiona, 2004. "The role of academic inventors in entrepreneurial firms: sharing the laboratory life," Research Policy, Elsevier, vol. 33(4), pages 643-659, May.
  43. Walsh, John P. & Cohen, Wesley M. & Cho, Charlene, 2007. "Where excludability matters: Material versus intellectual property in academic biomedical research," Research Policy, Elsevier, vol. 36(8), pages 1184-1203, October.
  44. Bishop, Kate & D'Este, Pablo & Neely, Andy, 2011. "Gaining from interactions with universities: Multiple methods for nurturing absorptive capacity," Research Policy, Elsevier, vol. 40(1), pages 30-40, February.
  45. Owen-Smith, Jason, 2003. "From separate systems to a hybrid order: accumulative advantage across public and private science at Research One universities," Research Policy, Elsevier, vol. 32(6), pages 1081-1104, June.
  46. David Mowery & Arvids Ziedonis, 2007. "Academic patents and materials transfer agreements: substitutes or complements?," The Journal of Technology Transfer, Springer, vol. 32(3), pages 157-172, June.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:eee:respol:v:40:y:2011:i:8:p:1045-1057. 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: (Zhang, Lei)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.