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http://hdl.handle.net/10419/24765
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| Title: | | Commercializing Academic Research: The Quality of Faculty Patenting  |
| Authors: | | Schneider, Cédric Hussinger, Katrin Czarnitzki, Dirk |
| Issue Date: | | 2008 |
| Series/Report no.: | | ZEW Discussion Papers 08-069 |
| Abstract: | | The knowledge produced by academic scientists has been identified as a potential key driver of technological progress. Recent policies in Europe aim at increasing commercially orientated activities in academe. Based on a sample of German scientists across all fields of science we investigate the importance of academic patenting. Our findings suggest that academic involvement in patenting results in greater knowledge externalities, as academic patents appear to generate more forward citations. We also find that in the European context of changing research objectives and funding sources since the mid-90?s, the ?importance? of academic patents declines over time. We show that academic entrants have patents of lower ?quality? than academic incumbents but they did not cause the decline, since the relative importance of patents involving academics with an existing patenting history declined over time as well. Moreover, a preliminary evaluation of the effects of the abolishment of the ?professor privilege? (the German counterpart of the U.S. Bayh-Dole Act) reveals that this legal disposition led to an acceleration of this apparent decline. |
| Subjects: | | academic inventors faculty patenting patent quality |
| JEL: | | O32 O34 O31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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