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We examine how the ownership of intellectual property rights influences patenting of university-discovered inventions. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the volume of patenting, we exploit the researcher-level...
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and exploit academic inventions that are further away from market applications. -- academic inventors ; university …
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While often presumed in academic literature and policy discussions there is little empirical evidence showing that academic patents protect more basic inventions than corporate patents. This study provides new evidence on the basicness of academic patents using German professor patents linked to...
Persistent link: https://www.econbiz.de/10003846116
The knowledge produced by academic scientists has been identified as a potential key driver of technological progress. Recent policies in Europe aim at increasing commercially orientated activities in academe. Based on a sample of German scientists across all fields of science we investigate the...
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Real options investment theory predicts current investment falls as uncertainty about market returns increases. In the … how patent protection influences this relationship. Patent protection, by limiting the threat of market rivalry, should …
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The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment … market uncertainty on R&D investment. …
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