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University Entrepreneurship and Professor Privilege

Damsgaard, Erika Farnstrand; Thursby, Marie C. - National Bureau of Economic Research (NBER) - 2012

This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty inventions, and compare two institutional regimes; the US and Sweden. In the US, the Bayh Dole Act gives universities the right to own inventions from publicly funded research,...

Persistent link: https://www.econbiz.de/10011227909

Inventor Moral Hazard in University Licensing: The Role of Contracts

Dechenaux, Emmanuel; Thursby, Jerry; Thursby, Marie C. - National Bureau of Economic Research (NBER) - 2008

We examine commonly observed forms of payment, such as milestones, royalties, or consulting contracts as ways of engaging inventors in the development of licensed inventions. Our theoretical model shows that when milestones are feasible, royalties are not optimal unless the licensing firm is...

Persistent link: https://www.econbiz.de/10005830105

Specific and General Information Sharing Among Academic Scientists

Haeussler, Carolin; Jiang, Lin; Thursby, Jerry; … - National Bureau of Economic Research (NBER) - 2009

We provide theoretical and empirical evidence on the factors that influence the willingness of academic scientists to share research results. We distinguish between two types of sharing, specific sharing in which a researcher shares her data or materials with another and general sharing in which...

Persistent link: https://www.econbiz.de/10005059074

Empirical Studies of Innovation in the Knowledge Driven Economy

Hall, Bronwyn H; MAIRESSE, Jacques - National Bureau of Economic Research (NBER) - 2006

innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions for …

Persistent link: https://www.econbiz.de/10005050393

Patents as Signals for Startup Financing

Conti, Annamaria; Thursby, Jerry; Thursby, Marie C. - National Bureau of Economic Research (NBER) - 2013

We examine the role of patents as signals used to reduce information asymmetries in entrepreneurial finance. A theoretical model gives conditions for a unique separating equilibrium in which startup founders file for patents to signal invention quality to investors, as well as appropriating...

Persistent link: https://www.econbiz.de/10010821794

Measuring the Returns to R&D

Hall, Bronwyn H; MAIRESSE, Jacques; Mohnen, Pierre - National Bureau of Economic Research (NBER) - 2009

We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...

Persistent link: https://www.econbiz.de/10008624599

Under the Thumb of History? Political Institutions and the Scope for Action

Duflo, Esther; Banerjee, Abhijit - National Bureau of Economic Research (NBER) - 2014

This paper discusses the two leading views of history and political institutions. For some scholars, institutions are mainly products of historical logic, while for others, accidents, leaders, and decisions have a significant impact. We argue that while there is clear evidence that history...

Persistent link: https://www.econbiz.de/10010951199

Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya

Duflo, Esther; Kremer, Michael; Dupas, Pascaline - National Bureau of Economic Research (NBER) - 2008

To the extent that students benefit from high-achieving peers, tracking will help strong students and hurt weak ones. However, all students may benefit if tracking allows teachers to present material at a more appropriate level. Lower-achieving pupils are particularly likely to benefit from...

Persistent link: https://www.econbiz.de/10005248909

Women's Empowerment and Economic Development

Duflo, Esther - National Bureau of Economic Research (NBER) - 2011

Women's empowerment and economic development are closely related: in one direction, development alone can play a major role in driving down inequality between men and women; in the other direction, empowering women may benefit development. Does this imply that pushing just one of these two...

Persistent link: https://www.econbiz.de/10009403418

Powerful Women: Does Exposure Reduce Bias?

Duflo, Esther; Pande, Rohini; Beaman, Lori A.; … - National Bureau of Economic Research (NBER) - 2008

We exploit random assignment of gender quotas across Indian village councils to investigate whether having a female chief councillor affects public opinion towards female leaders. Villagers who have never been required to have a female leader prefer male leaders and perceive hypothetical female...

Persistent link: https://www.econbiz.de/10005777665