Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27704
Authors: 
Czarnitzki, Dirk
Toole, Andrew A.
Year of Publication: 
2009
Series/Report no.: 
ZEW Discussion Papers 09-022
Abstract: 
Is there a trade-off of scholarly research productivity when faculty members found or join for-profit firms? This paper offers an empirical examination of this question for a subpopulation of biomedical academic scientists who received research funding from the U.S. National Institutes of Health (NIH). In this study, we are able to distinguish between permanent versus temporary employment transitions by entrepreneurial faculty members and examine how their journal article publication rates change using individual-level panel data. We find that the biomedical scientists who eventually choose to found or join a for-profit firm were more productive during their careers in academe than a randomly selected control group of their NIH peers. When they pursue entrepreneurship in the private sector, however, their scholarly productivity falls. Those entrepreneurial faculty members who return to academe are not as productive as they were before their entrepreneurial experience in terms of journal publications.
Subjects: 
academic entrepreneurship
SBIR
NIH
biomedical research
life scientist productivity
JEL: 
O38
O31
L53
Document Type: 
Working Paper

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