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Has the Bayh-Dole act compromised basic research?

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

Abstract

We examine three hypotheses regarding the effects of the Bayh-Dole Act on research effort of faculty. The first hypothesis we call the status quo hypothesis and it asserts that there has been no effect on research profiles. The second hypothesis, which we call the negative hypothesis, asserts that faculty have been diverted from their traditional role in basic research toward research with more commercial potential. Our final hypothesis is derived from prior theoretical work that suggests that both basic and applied research is greater when faculty can benefit from commercialization of their research effort; we refer to this as the positive hypothesis. The data we examine are the research and invention disclosure of faculty at 8 US universities over the period 1983-1999. Using a citation based measure of basic research publications we relate basic research effort to invention disclosures. Our findings are clear in that they do not show any support for the negative hypothesis and they show substantially greater support for the positive hypothesis than for the status quo hypothesis.

Suggested Citation

  • Thursby, Jerry G. & Thursby, Marie C., 2011. "Has the Bayh-Dole act compromised basic research?," Research Policy, Elsevier, vol. 40(8), pages 1077-1083, October.
  • Handle: RePEc:eee:respol:v:40:y:2011:i:8:p:1077-1083
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    References listed on IDEAS

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    1. 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.
    2. 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.
    3. 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.
    4. Jerry G. Thursby & Marie C. Thursby, 2002. "Who Is Selling the Ivory Tower? Sources of Growth in University Licensing," Management Science, INFORMS, pages 90-104.
    5. 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.
    6. Jerry Thursby & Marie Thursby, 2010. "University Licensing: Harnessing or Tarnishing Faculty Research?," NBER Chapters,in: Innovation Policy and the Economy, Volume 10, pages 159-189 National Bureau of Economic Research, Inc.
    7. 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.
    8. Thursby, Jerry G. & Thursby, Marie C., 2011. "Faculty participation in licensing: Implications for research," Research Policy, Elsevier, vol. 40(1), pages 20-29, February.
    9. Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
    10. Jeannette Colyvas & Michael Crow & Annetine Gelijns & Roberto Mazzoleni & Richard R. Nelson & Nathan Rosenberg & Bhaven N. Sampat, 2002. "How Do University Inventions Get Into Practice?," Management Science, INFORMS, vol. 48(1), pages 61-72, January.
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    Cited by:

    1. James Cunningham & Paul O’Reilly & Conor O’Kane & Vincent Mangematin, 2014. "The inhibiting factors that principal investigators experience in leading publicly funded research," The Journal of Technology Transfer, Springer, vol. 39(1), pages 93-110, February.
    2. Suzanne Scotchmer, 2013. "Patents in the University: Priming the Pump and Crowding Out," Journal of Industrial Economics, Wiley Blackwell, vol. 61(3), pages 817-844, September.
    3. Guerzoni, Marco & Taylor Aldridge, T. & Audretsch, David B. & Desai, Sameeksha, 2014. "A new industry creation and originality: Insight from the funding sources of university patents," Research Policy, Elsevier, vol. 43(10), pages 1697-1706.
    4. Junghee Han & Jungho Kim, 2016. "Empirical Analysis Of Technology Transfer In Korean Universities," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 20(08), pages 1-26, December.
    5. Banal-Estañol, Albert & Jofre-Bonet, Mireia & Lawson, Cornelia, 2015. "The double-edged sword of industry collaboration: Evidence from engineering academics in the UK," Research Policy, Elsevier, vol. 44(6), pages 1160-1175.
    6. Sotaro Shibayama, 2015. "Academic commercialization and changing nature of academic cooperation," Journal of Evolutionary Economics, Springer, vol. 25(2), pages 513-532, April.

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