The Impact of Academic Patenting on the Rate, Quality and Direction of (Public) Research Output
By Pierre Azoulay, Waverly W. Ding, Toby E. Stuart. 2009
112 citations recorded by the source corpus.
We examine the influence of faculty patenting activity on the rate, quality, and content of public research outputs in a panel dataset spanning the careers of 3,862 academic life scientists. Using inverse probability of treatment weights (IPTW) to account for the dynamics of self-selection into patenting, we find that patenting has a positive effect on the rate of publication of journal articles, but no effect on the quality of these publications. Using several measures of the "patentability" of the content of research papers, we also find that patenters may be shifting their research focus to questions of commercial interest. We conclude that the often-voiced concern that patenting in academe has a nefarious effect on public research output is, at least in its simplest form, misplaced.
Subfields: Economics and Econometrics, Management of Technology and Innovation, Statistics and Probability
View Paper: https://www.semanticscholar.org/paper/e0f7fdd8b39ff574990119f702bd2b8be012dc5c
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Citations in the corpus
- Information-Sharing in Academia and the Industry: A Comparative Study (2011, background): “Other cholars have shown that the increased patenting activity of acaemic scientist must not come at the cost of scientific progress s patenting activity is often associated with the most productive cientists (Thursby and Thursby, 2003; Azoulay et al., 2006).”
- Industry Funding of University Research and Scientific Productivity (2011, unknown): “As argued by Stokes (1997), research can be located in “Pasteur’s Quadrant” implying that increased commercial incentives may lead to a shift from basic to applied research or from basic to dual-purpose research (see also Azoulay et al. 2009; Murray 2002; Levin and Stephan 1991).”
- Ties That Last (2013, background): “One obvious problem noted by earlier researchers (Newman, 2008; Azoulay, Ding, and Stuart, 2009) is that some individuals use different spellings in their publication record, and there are several different individuals with the same name.”
- Contracting Over the Disclosure of Scientific Knowledge: Intellectual Property and Academic Publication (2017, unknown): “This last disclosure strategy, while not widely discussed in the literature, is widespread particularly in science-based industries (Murray, 2002; Gittelman and Kogut, 2003; Lim, 2004) as well as among academic scientists (Azoulay et al., 2009; Fabrizio & DiMinin, 2008).”
- Recruiting for Ideas: How Firms Exploit the Prior Inventions of New Hires (2010, unknown): “For example, Azoulay et al. (2009) apply the “Inverse Probability of Treatment Weighted” estimation approach to model a life scientist's selection into patenting behavior by employing rich data on time-varying characteristics of individuals.”