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University patenting and the pace of industrial innovation

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  • Kira R. Fabrizio

Abstract

Universities, traditionally sources of basic science and research knowledge for industrial researchers, have responded to recent public policy changes by increasingly patenting research results produced by academic researchers. While proponents of strong intellectual property protection argue the benefits of strong rights to promote innovation and facilitate markets for knowledge exchange, critics express concerns over restrictions on diffusion and use of upstream knowledge. Results of an analysis of industrial innovation suggest that increasing university patenting is associated with a slowing pace of knowledge exploitation, especially in technology areas that rely more heavily on science as an input to innovation. This new evidence suggests that university patenting may indeed be hindering or at least slowing industrial innovation. Copyright 2007 , Oxford University Press.

Suggested Citation

  • Kira R. Fabrizio, 2007. "University patenting and the pace of industrial innovation," Industrial and Corporate Change, Oxford University Press, vol. 16(4), pages 505-534, August.
  • Handle: RePEc:oup:indcch:v:16:y:2007:i:4:p:505-534
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    File URL: http://hdl.handle.net/10.1093/icc/dtm016
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    Citations

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    Cited by:

    1. Nordhaus, William, 2011. "Designing a friendly space for technological change to slow global warming," Energy Economics, Elsevier, vol. 33(4), pages 665-673, July.
    2. Francesco Lissoni, 2013. "Intellectual property and university–industry technology transfer," Chapters,in: Public–Private Innovation Networks in Services, chapter 7, pages 164-194 Edward Elgar Publishing.
    3. Giovanni Ramello, 2011. "Property rights and externalities: the uneasy case of knowledge," European Journal of Law and Economics, Springer, vol. 31(1), pages 123-141, February.
    4. Francesco Lissoni & Fabio Montobbio, 2015. "The Ownership of Academic Patents and Their Impact. Evidence from Five European Countries," Revue économique, Presses de Sciences-Po, vol. 66(1), pages 143-171.
    5. Joel West, 2008. "Commercializing Open Science: Deep Space Communications as the Lead Market for Shannon Theory, 1960-73," Journal of Management Studies, Wiley Blackwell, vol. 45(8), pages 1506-1532, December.
    6. Frosch, Katharina & Harhoff, Dietmar & Hoisl, Karin & Steinle, Christian & Zwick, Thomas, 2015. "Individual determinants of inventor productivity: Report and preliminary results with evidence from linked human capital and patent data," ZEW Discussion Papers 15-001, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    7. Alessandra Perri & Raffaele Oriani & Francesco Rullani, 2012. "Does Co-Location Accelerate Knowledge Outflows from FDI? The Role of MNC Subsidiaries' Technology Sourcing Strategies," DRUID Working Papers 12-09, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    8. repec:ehu:cuader:15780 is not listed on IDEAS
    9. Julien Pénin, 2009. "On the consequences of university patenting: What can we learn by asking directly to academic inventors?," Working Papers of BETA 2009-04, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    10. Hussler Caroline & Pénin Julien, 2010. "The determinants of scientific research agenda: Why do academic inventors choose to perform patentable versus non-patentable research?," Working Papers of BETA 2010-06, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    11. Pénin, Julien, 2011. "Sur les conséquences du brevet d’invention dans la science : résultats d’une enquête auprès des inventeurs académiques français," L'Actualité Economique, Société Canadienne de Science Economique, vol. 87(2), pages 137-173, juin.
    12. Alessandra Perri & Raffaele Oriani & Francesco Rullani, 2013. "Knowledge breadth of MNC subsidiaries and the duration of host-country firms' search," Working Papers 7, Department of Management, Università Ca' Foscari Venezia.
    13. Foray, Dominique & Lissoni, Francesco, 2010. "University Research and Public–Private Interaction," Handbook of the Economics of Innovation, Elsevier.
    14. Joanne Oxley & Tetsuo Wada, 2009. "Alliance Structure and the Scope of Knowledge Transfer: Evidence from U.S.-Japan Agreements," Management Science, INFORMS, vol. 55(4), pages 635-649, April.
    15. Zwick, Thomas & Frosch, Katharina & Hoisl, Karin & Harhoff, Dietmar, 2017. "The power of individual-level drivers of inventive performance," Research Policy, Elsevier, vol. 46(1), pages 121-137.

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