Are there real effects of licensing on academic research?: a life cycle view
"Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle context. As in traditional life cycle models, faculty devote more time to research, which can be either basic or applied, early and more time to leisure as they age. Licensing has r...
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| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11497 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | "Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle context. As in traditional life cycle models, faculty devote more time to research, which can be either basic or applied, early and more time to leisure as they age. Licensing has real effects by increasing the ratio of applied to basic effort and reducing leisure throughout the life cycle, but basic research need not suffer. When applied effort adds nothing to the stock of knowledge, licensing reduces research output, but if applied effort leads to publishable output as well as licenses, then research output and the stock of knowledge are higher with licensing than without. When tenure is added to the system, licensing has a positive effect on research output except when the incentives to license are very high"--National Bureau of Economic Research web site. |
| Physical Description: | 33 S. graph. Darst. |
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| index_date | 2024-07-02T22:41:28Z |
| indexdate | 2024-07-09T21:25:11Z |
| institution | BVB |
| language | English |
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| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Thursby, Marie Verfasser (DE-588)128831375 aut Are there real effects of licensing on academic research? a life cycle view Marie Thursby ; Jerry Thursby ; Swastika Mukherjee Cambridge, Mass. National Bureau of Economic Research 2005 33 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11497 "Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle context. As in traditional life cycle models, faculty devote more time to research, which can be either basic or applied, early and more time to leisure as they age. Licensing has real effects by increasing the ratio of applied to basic effort and reducing leisure throughout the life cycle, but basic research need not suffer. When applied effort adds nothing to the stock of knowledge, licensing reduces research output, but if applied effort leads to publishable output as well as licenses, then research output and the stock of knowledge are higher with licensing than without. When tenure is added to the system, licensing has a positive effect on research output except when the incentives to license are very high"--National Bureau of Economic Research web site. License agreements Research, Industrial Universities and colleges Thursby, Jerry G. Verfasser (DE-588)128831308 aut Mukherjee, Swastika Verfasser (DE-588)130590916 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11497 (DE-604)BV002801238 11497 http://papers.nber.org/papers/w11497.pdf kostenfrei Volltext |
| spellingShingle | Thursby, Marie Thursby, Jerry G. Mukherjee, Swastika Are there real effects of licensing on academic research? a life cycle view National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series License agreements Research, Industrial Universities and colleges |
| title | Are there real effects of licensing on academic research? a life cycle view |
| title_auth | Are there real effects of licensing on academic research? a life cycle view |
| title_exact_search | Are there real effects of licensing on academic research? a life cycle view |
| title_exact_search_txtP | Are there real effects of licensing on academic research? a life cycle view |
| title_full | Are there real effects of licensing on academic research? a life cycle view Marie Thursby ; Jerry Thursby ; Swastika Mukherjee |
| title_fullStr | Are there real effects of licensing on academic research? a life cycle view Marie Thursby ; Jerry Thursby ; Swastika Mukherjee |
| title_full_unstemmed | Are there real effects of licensing on academic research? a life cycle view Marie Thursby ; Jerry Thursby ; Swastika Mukherjee |
| title_short | Are there real effects of licensing on academic research? |
| title_sort | are there real effects of licensing on academic research a life cycle view |
| title_sub | a life cycle view |
| topic | License agreements Research, Industrial Universities and colleges |
| topic_facet | License agreements Research, Industrial Universities and colleges |
| url | http://papers.nber.org/papers/w11497.pdf |
| volume_link | (DE-604)BV002801238 |
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