The Unequal Benefits of Academic Patenting for Science and Engineering Research
We analyzed the scientific productivity of a sample of academic scientists that contribute to the field of Materials Science in the post-patenting period, by means of several econometric techniques suitable to treat unobserved heterogeneity, excess zeros and incidental truncation. Although patents do not alter the track of publications in the overall sample, we show this effect to be generated by two opposite effects: Materials Engineers increase their publications after patenting, whereas Materials Chemists experience a decrease. Besides, Materials Engineers who were academic inventors have a higher impact factor than their non-inventors colleagues, although the positive effect tends to vanish both for very basic publications and for serial inventions. Finally, a clearly negative effect is registered when we consider only very basic publications made by Materials Chemists. We interpret our findings as depending on different epistemologies of scientific and engineering research and discuss the implications for both university managers and policy makers.
|Date of creation:||Oct 2007|
|Date of revision:||Oct 2007|
|Contact details of provider:|| Postal: |
Web page: http://www.kites.unibocconi.it/
|Order Information:|| Postal: E G E A - via R. Sarfatti, 25 - 20136 Milano -Italy|
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.:
- Heckman, James J, 1979.
"Sample Selection Bias as a Specification Error,"
Econometric Society, vol. 47(1), pages 153-61, January.
- Aldo Geuna & Lionel Nesta, 2003. "University Patenting and its Effects on Academic Research," SPRU Working Paper Series 99, SPRU - Science and Technology Policy Research, University of Sussex.
- Fiona E. Murray & Scott Stern, 2007. "Do Formal Intellectual Property Rights Hinder the Free Flow of Scientific Knowledge?: An Empirical Test of the Anti-Commons Hypothesis," NBER Chapters, in: Academic Science and Entrepreneurship: Dual Engines of Growth National Bureau of Economic Research, Inc.
- E. Bacchiocchi & F. Montobbio, 2009.
"Knowledge diffusion from university and public research. A comparison between US, Japan and Europe using patent citations,"
The Journal of Technology Transfer,
Springer, vol. 34(2), pages 169-181, April.
- Emanuele Bacchiocchi & Fabio Montobbio, 2006. "Knowledge diffusion from university and public research. A comparison between US, Japan and Europe using patent citations," KITeS Working Papers 193, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Dec 2006.
- Racine, Jeff & Li, Qi, 2004. "Nonparametric estimation of regression functions with both categorical and continuous data," Journal of Econometrics, Elsevier, vol. 119(1), pages 99-130, March.
- Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
- Richard R. Nelson, 2003.
"The Market Economy, and the Scientific Commons,"
LEM Papers Series
2003/24, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Manuel Trajtenberg & Rebecca Henderson & Adam Jaffe, 1997. "University Versus Corporate Patents: A Window On The Basicness Of Invention," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 5(1), pages 19-50.
- Bronwyn H. Hall, 2005.
"Exploring the Patent Explosion,"
The Journal of Technology Transfer,
Springer, vol. 30(2_2), pages 35-48, 01.
- Bronwyn H. Hall, 2004. "Exploring the Patent Explosion," NBER Working Papers 10605, National Bureau of Economic Research, Inc.
- Bronwyn Hall, 2004. "Exploring the patent explosion," ESRC Centre for Business Research - Working Papers wp291, ESRC Centre for Business Research.
- Thursby, Jerry G. & Kemp, Sukanya, 2002. "Growth and productive efficiency of university intellectual property licensing," Research Policy, Elsevier, vol. 31(1), pages 109-124, January.
- Stefano Breschi & Francesco Lissoni & Fabio Montobbio, 2006. "University patenting and scientific productivity. A quantitative study of Italian academic inventors," KITeS Working Papers 189, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Nov 2006.
- Murray, Fiona & Stern, Scott, 2007. "Do formal intellectual property rights hinder the free flow of scientific knowledge?: An empirical test of the anti-commons hypothesis," Journal of Economic Behavior & Organization, Elsevier, vol. 63(4), pages 648-687, August.
- Hernan M. A & Brumback B. & Robins J. M, 2001. "Marginal Structural Models to Estimate the Joint Causal Effect of Nonrandomized Treatments," Journal of the American Statistical Association, American Statistical Association, vol. 96, pages 440-448, June.
- S. Breschi & F. Lissoni & F. Montobbio, 2007.
"The Scientific Productivity Of Academic Inventors: New Evidence From Italian Data,"
Economics of Innovation and New Technology,
Taylor & Francis Journals, vol. 16(2), pages 101-118.
- Stefano Breschi & Francesco Lissoni & Fabio Montobbio, 2005. "The Scientific Productivity of Academic Inventors: New Evidence From Italian Data," KITeS Working Papers 168, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised May 2005.
- 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.
- Arthur M. Diamond Jr., 1986. "What is a Citation Worth?," Journal of Human Resources, University of Wisconsin Press, vol. 21(2), pages 200-215.
- Dasgupta, Partha & David, Paul, 1985. "Information Disclosure and the Economics of Science and Technology," CEPR Discussion Papers 73, C.E.P.R. Discussion Papers.
- Nicolas Carayol, 2007. "Academic Incentives, Research Organization And Patenting At A Large French University," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 16(2), pages 119-138.
- Ajay Agrawal & Rebecca Henderson, 2002. "Putting Patents in Context: Exploring Knowledge Transfer from MIT," Management Science, INFORMS, vol. 48(1), pages 44-60, January.
- Van Looy, Bart & Ranga, Marina & Callaert, Julie & Debackere, Koenraad & Zimmermann, Edwin, 2004. "Combining entrepreneurial and scientific performance in academia: towards a compounded and reciprocal Matthew-effect?," Research Policy, Elsevier, vol. 33(3), pages 425-441, April.
- Kira Fabrizio & Alberto Di Minin, 2004. "Commercializing the laboratory: the relationship between faculty patenting and publishing," Working Papers 200402, Scuola Superiore Sant'Anna of Pisa, Istituto di Management.
When requesting a correction, please mention this item's handle: RePEc:cri:cespri:wp203. 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: (Valerio Sterzi)
If references are entirely missing, you can add them using this form.