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Individual versus institutional ownership of university-discovered inventions

Dirk Czarnitzki, Thorsten Doherr, Katrin Hussinger, Paula Schliessler and Andrew A. Toole

No 15-007, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: We examine how the ownership of intellectual property rights influences patenting of university-discovered inventions. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the volume of patenting, we exploit the researcher-level exogeneity of the 2002 policy change using a novel researcher-level panel database that includes a control group not affected by the law change. For professors who had existing industry connections, the policy decreased patenting, but for those without prior industry connections, it increased patenting. Overall, fewer university inventions were patented following the shift from inventor to institutional ownership.

Keywords: intellectual property; patents; technology transfer; policy evaluation (search for similar items in EconPapers)
JEL-codes: O38 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-ino, nep-ipr and nep-pr~
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Citations: View citations in EconPapers (18)

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Working Paper: Individual versus institutional ownership of university-discovered inventions (2015) Downloads
Working Paper: Individual versus institutional ownership of university-discovered inventions (2015) Downloads
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