Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/130755
Authors: 
Czarnitzki, Dirk
Doherr, Thorsten
Hussinger, Katrin
Schliessler, Paula
Toole, Andrew A.
Year of Publication: 
2016
Series/Report no.: 
ZEW Discussion Papers 16-036
Abstract: 
We use an exogenous change in German Federal law to examine how entrepreneurial support and the ownership of patent rights influence academic entrepreneurship. In 2002, the German Federal Government enacted a major reform called Knowledge Creates Markets that set up new infrastructure to facilitate university-industry technology transfer and shifted the ownership of patent rights from university researchers to their universities. Based on a novel researcher-level panel database that includes a control group not affected by the policy change, we find no evidence that the new infrastructure resulted in an increase in start-up companies by university researchers. The shift in patent rights may have strengthened the relationship between patents on university-discovered inventions and university start-ups; however, it substantially decreased the volume of patents with the largest decrease taking place in faculty-firm patenting relationships.
Subjects: 
intellectual property
patents
technology transfer
policy evaluation
JEL: 
O34
O38
Document Type: 
Working Paper

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