Individual versus institutional ownership of university-discovered inventions

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

No 482370, Working Papers of Department of Management, Strategy and Innovation, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven

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)
Date: 2015-01
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Published in FEB Research Report MSI_1502

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https://lirias.kuleuven.be/retrieve/301371 MSI_1502 (application/pdf)

Related works:
Working Paper: Individual versus institutional ownership of university-discovered inventions (2015)
Working Paper: Individual versus institutional ownership of university-discovered inventions (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:msiper:482370

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