Since the early 1980s, universities in the United States have greatly expanded their patenting and licensing activities. The Congressional Joint Economic Committee, among other authorities, have argued that this surge contributed to the economic boom of the 1990s. And, many observers have...

Science-industry collaboration is one of the major channels for transferring new scientific ideas into economic applications. Whereas the factors leading to collaboration are reasonably well understood, the determinants of the outcomes generated by such collaboration are unknown. This paper...