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Title: The nexus between science and industry: Evidence from faculty inventions
Authors: Czarnitzki, Dirk ×
Hussinger, Katrin
Schneider, C├ędric #
Issue Date: Oct-2012
Publisher: Technology Transfer Society
Series Title: Journal of Technology Transfer vol:37 issue:5 pages:755-776
Abstract: Knowledge transfer from science to industry has been shown to be beneficial for the corporate partner. In order to get a better understanding of the reasons behind these positive effects, this study focuses on the junction of science and industry by comparing characteristics of academic inventions that are transferred to industry and those staying in the public sector. Academic inventions are identified via patent applications of German academic scientists. We find that academic patents assigned to corporations are more likely to enable firms reaping short term rather than, possibly more uncertain, long-run returns, in contrast to patents that stay in the public sector. Firms also strive for academic inventions with a high blocking potential in technology markets. Academic patents issued to corporations appear to reflect less complex inventions as compared to inventions that are patented by the public science sector.
ISSN: 0892-9912
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

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