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Incentives and Invention in Universities, Science, Technology and the Economy Program (STE) - Working Papers Series STE-WP-18-2003
Prof. Saul Lach; Dr. Mark Schankerman
发表日期2002-05
出版年2002
语种英语
摘要
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Prof. Saul Lach , Dr. Mark Schankerman
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Lach Saul , Schankerman Mark . Incentives and Invention in Universities, Science, Technology and the Economy Program (STE) - Working Papers Series STE-WP-18-2003 Haifa Israel: Samuel Neaman Institute, 2002. https://www.neaman.org.il/EN/Incentives-Invention-Universities-STE-WP-18-2003
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We show that economic incentives affect the number and commercial value of inventions generated in universities. Using panel data for 102 U.S. universities during the period 1991-1999, we find that universities which give higher royalty shares to academic scientists generate more inventions and higher license income, controlling for other factors including university size, quality, research funding and technology licensing inputs.

 

The incentive effects are much larger in private universities than in public ones. For private institutions there is a Laffer curve effect: raising the inventor’s royalty share increases the license income retained by the university.
The incentive effect appears to work both through the level of effort and sorting of academic scientists.

URLhttps://www.neaman.org.il/EN/Incentives-Invention-Universities-STE-WP-18-2003
来源智库Science and Technology Policy Institute (Republic of Korea)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/471975
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Prof. Saul Lach,Dr. Mark Schankerman. Incentives and Invention in Universities, Science, Technology and the Economy Program (STE) - Working Papers Series STE-WP-18-2003. 2002.
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