G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w20889
来源IDWorking Paper 20889
Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules
Pierre Azoulay; Joshua S. Graff Zivin; Danielle Li; Bhaven N. Sampat
发表日期2015-01-26
出版年2015
语种英语
摘要We quantify the impact of scientific grant funding at the National Institutes of Health (NIH) on patenting by pharmaceutical and biotechnology firms. Our paper makes two contributions. First, we use newly constructed bibliometric data to develop a method for flexibly linking specific grant expenditures to private-sector innovations. Second, we take advantage of idiosyncratic rigidities in the rules governing NIH peer review to generate exogenous variation in funding across research areas. Our results show that NIH funding spurs the development of private-sector patents: a $10 million boost in NIH funding leads to a net increase of 2.3 patents. Though valuing patents is difficult, we report a range of estimates for the private value of these patents using different approaches.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w20889
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/578564
推荐引用方式
GB/T 7714
Pierre Azoulay,Joshua S. Graff Zivin,Danielle Li,et al. Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules. 2015.
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