The nexus between science and industry: evidence from faculty inventions

Dirk Czarnitzki, Katrin Hussinger and Cédric Schneider

No 09-028, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: Against the background of the so-called European paradox, i.e. the conjecture that EU countries lack the capability to transfer science into commercial innovations, knowledge transfer from academia to industry has been a central issue in policy debates recently. Based on a sample of German scientists we investigate which academic inventions are patented by a scientific assignee and which are owned by corporate entities. Our findings suggest that faculty patents assigned to corporations exhibit a higher short-term value in terms of forward citations and a higher potential to block property rights of competitors. Faculty patents assigned to academic inventors or to public research institutions, in contrast, are more complex, more basic and have stronger links to science. These results may suggest that European firms lack the absorptive capacity to identify and exploit academic inventions that are further away from market applications.

Keywords: academic inventors; university-industry technology transfer; intellectual property rights (search for similar items in EconPapers)
JEL-codes: O31 O32 O34 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-ino, nep-ipr and nep-pr~
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Citations: View citations in EconPapers (4)

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Journal Article: The nexus between science and industry: evidence from faculty inventions (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:09028

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