US universities’ net returns from patenting and licensing: a quantile regression analysis

Harun Bulut () and GianCarlo Moschini

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: Consistent with the rights and incentives provided by the Bayh–Dole Act of 1980, US universities have increased their involvement in patenting and licensing activities through their own technology transfer offices. Only a few US universities are obtaining large returns, however, whereas others are continuing with these activities despite negligible or negative returns. We assess the US universities’ potential to generate returns from licensing activities by modeling and estimating quantiles of the distribution of net licensing returns conditional on some of their structural characteristics. We find limited prospects for public universities without a medical school everywhere in their distribution. Other groups of universities (private, and public with a medical school) can expect better but still fairly modest returns. These findings call into question the appropriateness of the revenue-generating motive for the aggressive rate of patenting and licensing by US universities.

Date: 2009-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... 189028fdd617/content
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
Journal Article: US universities' net returns from patenting and licensing: a quantile regression analysis (2009)
Working Paper: U.S. Universities' Net Returns from Patenting and Licensing: A Quantile Regression Analysis (2006)
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:isu:genstf:200901010800001452

Access Statistics for this paper

More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().