The Bayh – Dole Act and university research and development Matthew
نویسنده
چکیده
This paper examines the relationship between university research and development (R&D) activities and the Bayh–Dole Act. This ct made it much easier for universities to obtain patents from research funded by the federal government and may have provided niversities with an incentive to alter their R&D activities. The Act may provide an incentive to reduce basic research (which does ot generate licensing fees) and increase applied research (which does generate patents and licensing fees). In addition, industry ight be more willing to fund university R&D projects since the results would now be easier to patent. This paper differs from he existing literature which uses patent data (a measure of research output) by using research and development data (a measure of nventive input) to examine the effect of the Act. 2007 Elsevier B.V. All rights reserved.
منابع مشابه
Changes in University Patent Quality after the Bayh-dole Act: a Re-examination
ABSTRACT: The Bayh-Dole Act permitted universities to retain rights to patents resulting from government funded academic research, and encouraged university entry into patenting and licensing. Though it is widely recognized to be a major change in federal policy towards academic research, surprisingly little empirical analysis has been directed at assessing the impacts of Bayh-Dole on the acade...
متن کاملChanges in University Patent Quality after the Bayh-Dole Act:
The Bayh-Dole Act of 1980 facilitated the retention by universities of patent rights resulting from government funded academic research, thus encouraging university entry into patenting and licensing. Though the Act is widely recognized to be a major change in federal policy towards academic research, surprisingly little empirical analysis has been directed at assessing its impacts on the acade...
متن کاملNber Working Paper Series Patents in the University: Priming the Pump and Crowding Out
The Bayh-Dole Act allows universities to exploit patents on their federally sponsored research. University laboratories therefore have two sources of funds: direct grants from sponsors and income from licensing. Tax credits for private R&D also contribute, because they increase the profitability of licensing. Because Bayh-Dole profits are a source of funds, the question arises how subsidies and...
متن کاملIdeas and Innovations: Which should be subsidized?1
The Bayh-Dole Act allows universities to commercialize their research. University laboratories therefore have two sources of funds: direct grants from the government and funds from commercialization. In addition to giving direct subsidies to university laboratories, the government also subsidizes the commercial sector, for example, through tax credits. Subsidies to commerce contribute indirectl...
متن کاملIdeas and Innovations: Which should be subsidized?
The Bayh-Dole Act allows universities to commercialize their research. University laboratories therefore have two sources of funds: direct grants from the government and funds from commercialization. In addition to giving direct subsidies to university laboratories, the government also subsidizes the commercial sector, for example, through tax credits. Subsidies to commerce contribute indirectl...
متن کامل