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来源类型Working Paper
规范类型报告
DOI10.3386/w10758
来源IDWorking Paper 10758
Patent Licensing and the Research University
Richard A. Jensen; Marie C. Thursby
发表日期2004-09-13
出版年2004
语种英语
摘要We construct a dynamic model of university research that allows us to examine recent concerns that financial incentives associated with university patent licensing are detrimental to the traditional mission of US research universities. We assume a principal-agent framework in which the university administration is the principal and a faculty researcher is the agent. Whether or not the researcher remains in the university, and if so her choice of the amount of time to spend on basic and applied research, is complicated by the fact that she earns license income and prestige both inside and outside the university. Thus in contrast to usual principal agent models the participation constraint is endogenous. This, plus the fact that current research affects future knowledge stocks, allows us to show that it is far from obvious that licensing will damage basic research and education.
主题Health, Education, and Welfare ; Education ; Industrial Organization ; Nonprofits ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w10758
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/568390
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Richard A. Jensen,Marie C. Thursby. Patent Licensing and the Research University. 2004.
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