NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Impact of Academic Patenting on the Rate, Quality, and Direction of (Public) Research Output

Pierre Azoulay, Waverly Ding, Toby Stuart

NBER Working Paper No. 11917
Issued in January 2006
NBER Program(s):   PR

We examine the influence of faculty patenting activity on the rate, quality, and content of public research outputs in a panel dataset spanning the careers of 3,862 academic life scientists. Using inverse probability of treatment weights (IPTW) to account for the dynamics of self-selection into patenting, we find that patenting has a positive effect on the rate of publication of journal articles, but no effect on the quality of these publications. Using several measures of the "patentability" of the content of research papers, we also find that patenters may be shifting their research focus to questions of commercial interest. We conclude that the often-voiced concern that patenting in academe has a nefarious effect on public research output is, at least in its simplest form, misplaced.

download in pdf format
   (522 K)

email paper

This paper is available as PDF (522 K) or via email.

This paper was revised on June 29, 2006

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w11917

Published: Pierre Azoulay & Waverly Ding & Toby Stuart, 2009. "THE IMPACT OF ACADEMIC PATENTING ON THE RATE, QUALITY AND DIRECTION OF (PUBLIC) RESEARCH OUTPUT -super-* ," Journal of Industrial Economics, Blackwell Publishing, vol. 57(4), pages 637-676, December.

Users who downloaded this paper also downloaded these:
Haltiwanger, Jarmin, and Miranda w16300 Who Creates Jobs? Small vs. Large vs. Young
Dupont, Gandhi, and Weiss w13977 The American Invasion of Europe: The Long Term Rise in Overseas Travel, 1820-2000
Aizenman and Pasricha w15784 On the ease of overstating the fiscal stimulus in the US, 2008-9
Koopman, Powers, Wang, and Wei w16426 Give Credit Where Credit Is Due: Tracing Value Added in Global Production Chains
Schulhofer-Wohl and Garrido w14817 Do Newspapers Matter? Short-run and Long-run Evidence from the Closure of The Cincinnati Post
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us