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Is the commercialization of European academic R&D weak?-A critical assessment of a dominant belief and associated policy responses

Jacobsson, Staffan; Lindholm Dahlstrand, Åsa LU and Elg, Lennart (2013) In Research Policy 42(4). p.874-885
Abstract
There is a widespread belief that EU underperforms in the commercialization of publicly funded research and that the appropriate policy response is to transfer the ownership of intellectual property rights to Universities. This paper assesses the validity of these twin beliefs. In addressing the first, we limit ourselves to Sweden which still retains its "Teacher's Exemption" model. In spite of confident statements made in the literature and by Government, we provide evidence to the contrary, i.e. that Swedish academia performs well in terms of commercialization. We also have doubts about the usefulness of the medicine prescribed to cure the alleged problem. Largely drawing on US literature, we argue that the medicine risks harming strong... (More)
There is a widespread belief that EU underperforms in the commercialization of publicly funded research and that the appropriate policy response is to transfer the ownership of intellectual property rights to Universities. This paper assesses the validity of these twin beliefs. In addressing the first, we limit ourselves to Sweden which still retains its "Teacher's Exemption" model. In spite of confident statements made in the literature and by Government, we provide evidence to the contrary, i.e. that Swedish academia performs well in terms of commercialization. We also have doubts about the usefulness of the medicine prescribed to cure the alleged problem. Largely drawing on US literature, we argue that the medicine risks harming strong university-industry networks, biasing technical change, reducing entrepreneurial activity and generating costs to Universities which may be detrimental to technology transfer. In conclusion, we seriously question the validity of both beliefs. (C) 2013 Elsevier B.V. All rights reserved. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Dominant belief, Academic research, Commercialization, Technology, transfer, Sweden
in
Research Policy
volume
42
issue
4
pages
874 - 885
publisher
Elsevier
external identifiers
  • wos:000317877600004
  • scopus:84875494385
ISSN
0048-7333
DOI
10.1016/j.respol.2013.01.005
language
English
LU publication?
yes
id
f45ec293-aa08-428f-b58f-1240b3afa5f2 (old id 3843898)
date added to LUP
2013-06-20 13:22:11
date last changed
2019-08-14 02:03:46
@article{f45ec293-aa08-428f-b58f-1240b3afa5f2,
  abstract     = {There is a widespread belief that EU underperforms in the commercialization of publicly funded research and that the appropriate policy response is to transfer the ownership of intellectual property rights to Universities. This paper assesses the validity of these twin beliefs. In addressing the first, we limit ourselves to Sweden which still retains its "Teacher's Exemption" model. In spite of confident statements made in the literature and by Government, we provide evidence to the contrary, i.e. that Swedish academia performs well in terms of commercialization. We also have doubts about the usefulness of the medicine prescribed to cure the alleged problem. Largely drawing on US literature, we argue that the medicine risks harming strong university-industry networks, biasing technical change, reducing entrepreneurial activity and generating costs to Universities which may be detrimental to technology transfer. In conclusion, we seriously question the validity of both beliefs. (C) 2013 Elsevier B.V. All rights reserved.},
  author       = {Jacobsson, Staffan and Lindholm Dahlstrand, Åsa and Elg, Lennart},
  issn         = {0048-7333},
  keyword      = {Dominant belief,Academic research,Commercialization,Technology,transfer,Sweden},
  language     = {eng},
  number       = {4},
  pages        = {874--885},
  publisher    = {Elsevier},
  series       = {Research Policy},
  title        = {Is the commercialization of European academic R&D weak?-A critical assessment of a dominant belief and associated policy responses},
  url          = {http://dx.doi.org/10.1016/j.respol.2013.01.005},
  volume       = {42},
  year         = {2013},
}