Economics at your fingertips  

On-line Appendix for 'Academic Entrepreneurship: Bayh-Dole versus the Professor’s Privilege'

Thomas Astebro (), Serguey Braguinsky (), Pontus Braunerhjelm () and Anders Broström

Working Papers from HAL

Abstract: Is the Bayh-Dole intellectual property regime associated with more and better academic entrepreneurship than the Professor Privilege regime? The authors examine data on US PhDs in the natural sciences, engineering, and medical fields who became entrepreneurs in 1993–2006 and compare this to similar data from Sweden. They find that, in both countries, those with an academic background have lower rates of entry into entrepreneurship than do those with a non-academic background. The relative rate of academics starting entrepreneurial firms is slightly lower in the United States than in Sweden. Moreover, the mean economic gains from becoming an entrepreneur are negative, both for PhDs originating in academia and non-academic settings in both countries. Analysis indicates that selection into entrepreneurship occurs from the lower part of the ability distribution among academics. The results suggest that policies aimed at supporting entrepreneurial decisions by younger, tenure-track academics may be more effective than general incentives at increasing academic entrepreneurship in general.

Keywords: Academic entrepreneurship; Bayh-Dole; Professor’s Privilege (search for similar items in EconPapers)
Date: 2018-11-19
Note: View the original document on HAL open archive server:
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:

DOI: 10.2139/ssrn.3286994

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

Page updated 2022-08-15
Handle: RePEc:hal:wpaper:hal-02896003