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We need to talk - or do we? Geographic distance and the commercialization of technologies from public research

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  • Guido Buenstorf

    () (Institute of Economics and International Center for Higher Education Research (INCHER-Kassel), University of Kassel)

  • Alexander Schacht

    () (Graduate College "The Economics of Innovative Change", Friedrich Schiller University Jena)

Abstract

Using a new dataset with detailed geographic information about licensing activities of the Max Planck Society, Germany's largest non-university public research organization, we analyze how the probability and magnitude of commercial success are affected by geographic distance between licensors and licensees. Our evidence suggests that proximity is not generally associated with superior commercialization outcomes. A negative association between distance and commercialization success is identified only for the specific cases of, first, spin-off licensees located outside Germany and, second, foreign licensees within the subsample of inventions with multiple licensees.

Suggested Citation

  • Guido Buenstorf & Alexander Schacht, 2011. "We need to talk - or do we? Geographic distance and the commercialization of technologies from public research," Jena Economic Research Papers 2011-061, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2011-061
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    1. repec:eee:respol:v:46:y:2017:i:8:p:1479-1489 is not listed on IDEAS
    2. Mowery, David C. & Ziedonis, Arvids A., 2015. "Markets versus spillovers in outflows of university research," Research Policy, Elsevier, vol. 44(1), pages 50-66.
    3. Stefan Krabel & Alexander Schacht, 2014. "Follow the leader? How leadership behavior influences scientists' commercialization behavior (or not)," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 23(2), pages 134-160, March.
    4. Lee, Yoo Hwan & Graff, Gregory D., 2016. "Academic Knowledge Spillovers and the Role of Geographic Proximity in Regional Agriculture-related Sectors: The impact of agricultural research at Colorado State University on the Colorado economy, an," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 235717, Agricultural and Applied Economics Association.
    5. Stefan Krabel & Alexander Schacht, 2012. "The Influence of Leadership on Academic Scientists' Propensity to Commercialize Research Findings," Jena Economic Research Papers 2012-027, Friedrich-Schiller-University Jena.

    More about this item

    Keywords

    academic inventions; licensing; spin-off entrepreneurship; geographic distance;

    JEL classification:

    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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