What is the causal effect of R&D on patenting activity in a “professor’s privilege” country? Evidence from Sweden
(2016) In Small Business Economics 47. p.677-694- Abstract
We investigate the responsiveness of academic patenting to research and development (R&D) at the subject level at Swedish universities in panel data regressions. The general responsiveness to R&D is found to be higher than corresponding estimates in US studies, especially when we adopt instrumental variable techniques that address endogeneity in the R&D-to-patent relationship studied. We also find that this responsiveness is not associated with a lower quality of patents measured in terms of citations. A higher responsiveness from R&D to patenting is found in the fields of chemical engineering, chemistry (science), electrical engineering, electronics, and photonics, information technology, medicine, and microbiology than... (More)
We investigate the responsiveness of academic patenting to research and development (R&D) at the subject level at Swedish universities in panel data regressions. The general responsiveness to R&D is found to be higher than corresponding estimates in US studies, especially when we adopt instrumental variable techniques that address endogeneity in the R&D-to-patent relationship studied. We also find that this responsiveness is not associated with a lower quality of patents measured in terms of citations. A higher responsiveness from R&D to patenting is found in the fields of chemical engineering, chemistry (science), electrical engineering, electronics, and photonics, information technology, medicine, and microbiology than in other patenting fields. Our main result, that academia in Sweden contributes well to inventive activity, supports the view that the professor’s privilege—that university researchers themselves have ownership to their inventions—may be a contributing factor.
(Less)
- author
- Ejermo, Olof LU and Källström, John LU
- organization
- publishing date
- 2016-10
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Academia, Knowledge production functions, Patenting, Professor’s privilege, Research and development, Sweden
- in
- Small Business Economics
- volume
- 47
- pages
- 18 pages
- publisher
- Springer
- external identifiers
-
- scopus:84976421859
- wos:000384440900007
- ISSN
- 0921-898X
- DOI
- 10.1007/s11187-016-9752-7
- language
- English
- LU publication?
- yes
- id
- 9a51289a-509e-4319-a4a4-b85b65e45b0d
- date added to LUP
- 2016-07-18 12:40:45
- date last changed
- 2024-01-04 10:05:31
@article{9a51289a-509e-4319-a4a4-b85b65e45b0d, abstract = {{<p>We investigate the responsiveness of academic patenting to research and development (R&D) at the subject level at Swedish universities in panel data regressions. The general responsiveness to R&D is found to be higher than corresponding estimates in US studies, especially when we adopt instrumental variable techniques that address endogeneity in the R&D-to-patent relationship studied. We also find that this responsiveness is not associated with a lower quality of patents measured in terms of citations. A higher responsiveness from R&D to patenting is found in the fields of chemical engineering, chemistry (science), electrical engineering, electronics, and photonics, information technology, medicine, and microbiology than in other patenting fields. Our main result, that academia in Sweden contributes well to inventive activity, supports the view that the professor’s privilege—that university researchers themselves have ownership to their inventions—may be a contributing factor.</p>}}, author = {{Ejermo, Olof and Källström, John}}, issn = {{0921-898X}}, keywords = {{Academia; Knowledge production functions; Patenting; Professor’s privilege; Research and development; Sweden}}, language = {{eng}}, pages = {{677--694}}, publisher = {{Springer}}, series = {{Small Business Economics}}, title = {{What is the causal effect of R&D on patenting activity in a “professor’s privilege” country? Evidence from Sweden}}, url = {{http://dx.doi.org/10.1007/s11187-016-9752-7}}, doi = {{10.1007/s11187-016-9752-7}}, volume = {{47}}, year = {{2016}}, }