Rethinking Public Funding of Biomedical Science

Albert Link, Robert Danziger () and John Scott
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Robert Danziger: University of Illinois at Chicago

No 18-2, UNCG Economics Working Papers from University of North Carolina at Greensboro, Department of Economics

Abstract: This paper offers the perspective that public policy should provide incentives to make university ideas freely available and widely disseminated. Then, industrial R&D, in some cases with university partners, could develop patentable, commercializable biomedical products, and the industrial R&D would provide feedback to stimulate new directions for university research and ideas.

Keywords: R&D; innovation; Bayh-Dole Act; industry-university partnerships (search for similar items in EconPapers)
JEL-codes: H41 O31 O34 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2018-01-04
New Economics Papers: this item is included in nep-hea and nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:ris:uncgec:2018_002

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