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Individual versus institutional ownership of university-discovered inventions

Author

Listed:
  • Dirk Czarnitzki
  • Thorsten Doherr
  • Katrin Hussinger
  • Paula Schliessler
  • Andrew A Toole

Abstract

We examine how the ownership of intellectual property rights influences patenting of university-discovered inventions. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the volume of patenting, we exploit the researcher-level exogeneity of the 2002 policy change using a novel researcher-level panel database that includes a control group not affected by the law change. For professors who had existing industry connections, the policy decreased patenting, but for those without prior industry connections, it increased patenting. Overall, fewer university inventions were patented following the shift from inventor to institutional ownership.

Suggested Citation

  • Dirk Czarnitzki & Thorsten Doherr & Katrin Hussinger & Paula Schliessler & Andrew A Toole, 2015. "Individual versus institutional ownership of university-discovered inventions," Working Papers of Department of Management, Strategy and Innovation, Leuven 482370, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
    • Handle: RePEc:ete:msiper:482370
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    File URL: https://lirias.kuleuven.be/retrieve/a8e63b1f-ca8e-4fc8-9ef1-c9a8360f9672
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    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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