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The influence of human capital and perceived university support on patent applications of biomedical investigators

Author

Listed:
  • Supriya Munshaw

    (Johns Hopkins Carey Business School)

  • Soo-Hoon Lee

    (Old Dominion University)

  • Phillip H. Phan

    (Johns Hopkins Carey Business School)

  • Kieren A. Marr

    (Johns Hopkins School of Medicine)

Abstract

The Bayh–Doyle Act of 1980 accelerated academic entrepreneurship in universities. However, not all qualified researchers sought to be involved in patenting. We compared researchers’ human capital and their perceptions of resource availability on patent applications. We collected primary data from biomedical principal investigators from 15 universities using a validated questionnaire. Our results from logistic regression strongly suggest that human capital had a stronger influence than perceptions of resource availability for commercialization activities on patent applications. The policy implications are that universities should seek to enhance the stock of human capital most associated with patenting behaviors to improve academic entrepreneurial outcomes.

Suggested Citation

  • Supriya Munshaw & Soo-Hoon Lee & Phillip H. Phan & Kieren A. Marr, 2019. "The influence of human capital and perceived university support on patent applications of biomedical investigators," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1216-1235, August.
    • Handle: RePEc:kap:jtecht:v:44:y:2019:i:4:d:10.1007_s10961-018-9649-5
    DOI: 10.1007/s10961-018-9649-5
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    References listed on IDEAS

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    Cited by:

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    2. Tali Hadasa Blank & Abraham Carmeli, 2021. "Does founding team composition influence external investment? The role of founding team prior experience and founder CEO," The Journal of Technology Transfer, Springer, vol. 46(6), pages 1869-1888, December.
    3. Aydemir, Nisa Yazici & Huang, Wan-Ling & Welch, Eric W., 2022. "Late-stage academic entrepreneurship: Explaining why academic scientists collaborate with industry to commercialize their patents," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    4. María José Foncubierta-Rodríguez & Fernando Martín-Alcázar & José Luis Perea-Vicente, 2023. "A typology of principal investigators based on their human capital: an exploratory analysis," The Journal of Technology Transfer, Springer, vol. 48(3), pages 932-954, June.

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    More about this item

    Keywords

    Human capital; Self-efficacy; Organizational support; Resource availability;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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