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entrepreneurship. We highlight two main characteristics of the program that make it attractive as an entrepreneurship policy: early … the incidence of biomedical entrepreneurship through SBIR and describe some of the characteristics of these individuals …
Persistent link: https://www.econbiz.de/10012750684
This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start-up firm rather than an established firm. The model predicts that university inventions are more likely to occur in start-ups when the technology transfer officers (TTOs) search cost...
Persistent link: https://www.econbiz.de/10013229010
We show that economic incentives affect the number and commercial value of inventions generated in universities. Using panel data for 102 U.S. universities during the period 1991-1999, we find that universities which give higher royalty shares to academic scientists generate more inventions and...
Persistent link: https://www.econbiz.de/10013132596
Philanthropy plays a major role in university-based scientific, engineering and medical research in the United States contributing over $4Billion annually to operations, endowment and buildings devoted to research. When combined with endowment income, university research funding from science...
Persistent link: https://www.econbiz.de/10013065939
This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty … commercialization; entrepreneurship or licenses to established firms, as well as on probabilities of successful commercialization. We … find that the US system is less conducive to entrepreneurship than the Swedish system if established firms have some …
Persistent link: https://www.econbiz.de/10013066279
Recent research on the economics of patents is surveyed. The topics covered include theoretical and empirical evidence on patents as an incentive for innovation, the effectiveness of patents for invention disclosure, patent valuation, and what we know about the design of patent systems. We also...
Persistent link: https://www.econbiz.de/10013066797
This paper presents a theoretical model of faculty consulting in the context of government and industry funding for research within the university, which then frames an empirical analysis of the funding and consulting of 458 individual faculty inventors from 8 major US universities. In the...
Persistent link: https://www.econbiz.de/10013039134
Due to improving information technology, the growing complexity of research problems, and policies designed to foster interdisciplinary research, the practice of science in the United States has undergone significant structural change. Using a sample of 110 top U.S. universities observed during...
Persistent link: https://www.econbiz.de/10013039262
Over the past two decades there has been a substantial increase in the mobility of students in Europe, while also research has become much more internationally oriented. In this paper we document changes in the structure of research and higher education in Europe and investigate potential...
Persistent link: https://www.econbiz.de/10013151394
This paper investigates the impact of federal extramural research funding on total expenditures for life sciences research and development (R&D) at U.S. universities, to determine whether federal R&D funding spurs funding from non-federal (private and state/local government) sources. We use a...
Persistent link: https://www.econbiz.de/10013158024