Government sponsorship and nature of patenting activity of US universities and corporations

Kyriakos Drivas and Claire Economidou

Economics of Innovation and New Technology, 2013, vol. 22, issue 8, 775-806

Abstract: This paper studies the relationship between government sponsorship and nature of innovation produced by US universities and corporations. Using detailed patent data information and, in particular, from the patent document wrapper, where the applicant is obliged to disclose any federal support, we examine whether (i) federally funded patented innovations are more basic than their non-federally funded peers, and (ii) federally funded corporate and university patented innovations are very different from their existed research agenda. Our results strongly support that federally funded corporate patents are more basic in nature, while the evidence for universities is less nuanced. Also less pronounced and conclusive are the findings about university patented inventions and their ties to university's own research agenda. Results, however, may vary depending on university (corporation) size. While the federal government finances high-risk basic projects, it appears that some firms do not incorporate them in their overall research portfolio.

Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://hdl.handle.net/10.1080/10438599.2013.788286 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ecinnt:v:22:y:2013:i:8:p:775-806

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GEIN20

DOI: 10.1080/10438599.2013.788286

Access Statistics for this article

Economics of Innovation and New Technology is currently edited by Professor Cristiano Antonelli

More articles in Economics of Innovation and New Technology from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().