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Patenting, Commercialization, and US Academic Research in the 21st Century: The Resilience of Basic, Federally-Funded Open Science

Author

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  • Barham, Bradford L.

    (U of Wisconsin)

  • Foltz, Jeremy D.

Abstract

The life sciences have been the most dynamic area of US university research and commercialization efforts over the past twenty-five years. Using unique data from a large representative sample of life scientists this work examines whether academic patenting and commercialization complement, substitute for, or "hold-up" other research activities. The results highlight the resilience of the basic, federally-funded open scientific research model. Our findings, in turn, underscore the fundamental importance of maintaining the public funding and commitment to the academic, scientific enterprise.

Suggested Citation

  • Barham, Bradford L. & Foltz, Jeremy D., 2007. "Patenting, Commercialization, and US Academic Research in the 21st Century: The Resilience of Basic, Federally-Funded Open Science," Staff Paper Series 513, University of Wisconsin, Agricultural and Applied Economics.
  • Handle: RePEc:ecl:wisagr:513
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    File URL: http://www.aae.wisc.edu/pubs/sps/pdf/stpap513.pdf
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    References listed on IDEAS

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