Title: Commercializing academic research: The quality of faculty patenting
Authors: Czarnitzki, Dirk ×
Hussinger, Katrin
Schneider, C├ędric #
Issue Date: 2011
Publisher: Oxford University Press
Series Title: Industrial and Corporate Change vol:20 issue:5 pages:1403-1437
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 a citation premium, 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-1990s, 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 US Bayh-Dole Act) reveals that this legal disposition led to an acceleration of this apparent decline.
ISSN: 0960-6491
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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