Synergies or Trade-Offs in University Life Sciences Research
Major legislative, legal, and technological changes paved the way for a period of remarkable growth in the patenting of life science research by U.S. universities in the 1980s and 1990s. Using a multiple-output cost framework and two decades of panel data on ninety-six universities, this article examines whether economies of scope and/or scale are present in university production of three major life science research outputs: journal articles, patents, and doctorates. The results show strong evidence of economies of scale in life science research production with mixed evidence of economies of scope between articles and patents. Copyright 2007 American Agricultural Economics Association.
Year of publication: |
2007
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Authors: | Foltz, Jeremy D. ; Barham, Bradford L. ; Kim, Kwansoo |
Published in: |
American Journal of Agricultural Economics. - American Agricultural Economics Association. - Vol. 89.2007, 2, p. 353-367
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Publisher: |
American Agricultural Economics Association |
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