We use an exogenous change in German Federal law to examine how entrepreneurial support and the ownership of patent … of patent rights from university researchers to their universities. Based on a novel researcher-level panel database that … increase in start-up companies by university researchers. The shift in patent rights may have strengthened the relationship …

. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the …

From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer … firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent …