Patenting, Commercialization, and US Academic Research in the 21st Century: The Resilience of Basic, Federally-Funded Open Science

Bradford L. Barham and Jeremy Foltz
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Bradford L. Barham: U of Wisconsin

Staff Paper Series from University of Wisconsin, Agricultural and Applied Economics

Abstract: The life sciences have been the most dynamic area of US university research and commercialization efforts over the past twenty-five years. Using unique data from a large representative sample of life scientists this work examines whether academic patenting and commercialization complement, substitute for, or "hold-up" other research activities. The results highlight the resilience of the basic, federally-funded open scientific research model. Our findings, in turn, underscore the fundamental importance of maintaining the public funding and commitment to the academic, scientific enterprise.

Date: 2007-09
New Economics Papers: this item is included in nep-ino, nep-ipr and nep-pr~
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Related works:
Working Paper: Patenting, Commercialization, and US Academic Research in the 21st Century: The Resilience of Basic, Federally-Funded Open Science (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:wisagr:513

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