Risk attitudes, patenting and invention disclosures by academic researchers

Rajeev Goel and Devrim Göktepe-Hultén
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Devrim Göktepe-Hultén: Lund University

The Journal of Technology Transfer, 2019, vol. 44, issue 1, No 7, 155-166

Abstract: Abstract This paper examines the effect of risk attitudes on innovation behavior of academic researchers. Specifically, using two alternate measures of self-reported risk attitudes, we test the hypothesis that aversion to risk would negatively affect revelation of information in innovations. Results based on a sample of more than 2500 German researchers across both measures of risk aversion show that, consistent with intuition, risk aversion has a significant negative effect on invention disclosures, but not on patenting.

Keywords: Patents; Invention disclosure; Risk averse; Academic research; Germany (search for similar items in EconPapers)
JEL-codes: O31 O33 O52 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (7)

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DOI: 10.1007/s10961-017-9573-0

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