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来源类型Working Paper
规范类型报告
DOI10.3386/w6698
来源IDWorking Paper 6698
Proofs and Prototypes for Sale: The Tale of University Licensing
Richard Jensen; Marie Thursby
发表日期1998-08-01
出版年1998
语种英语
摘要Proponents of the Bayh-Dole Act argue that unless universities have the right to license patentable inventions, many results from federally funded research would never be transferred to industry. Our survey of U.S. research universities supports this view. Results point to the embryonic state of most technologies licensed and the need for inventor cooperation in the commercialization process. Thus, for most university inventions, there is a moral hazard problem with regard to inventor effort. Our theoretical analysis shows that for such inventions, development would not occur unless the inventor's income is tied to the licensee's output by payments such as royalties or equity. Sponsored research can also be critical to commercialization, but it alone does not solve the inventor's moral hazard problem.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w6698
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/564207
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Richard Jensen,Marie Thursby. Proofs and Prototypes for Sale: The Tale of University Licensing. 1998.
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