Dept. of Strategy and Entrepreneurship
SMU Cox School of Business
6212 Bishop Blvd
Dallas, TX 75275
NBER Working Papers and Publications
|March 2009||Of Mice and Academics: Examining the Effect of Openness on Innovation|
with Fiona Murray, Philippe Aghion, Mathias Dewatripont, Scott Stern: w14819
Scientific freedom and openness are hallmarks of academia: relative to their counterparts in industry, academics maintain discretion over their research agenda and allow others to build on their discoveries. This paper examines the relationship between openness and freedom, building on recent models emphasizing that, from an economic perspective, freedom is the granting of control rights to researchers. Within this framework, openness of upstream research does not simply encourage higher levels of downstream exploitation. It also raises the incentives for additional upstream research by encouraging the establishment of entirely new research directions. In other words, within academia, restrictions on scientific openness (such as those created by formal intellectual property (IP)) may limit...
Published: Fiona Murray & Philippe Aghion & Mathias Dewatripont & Julian Kolev & Scott Stern, 2016. "Of Mice and Academics: Examining the Effect of Openness on Innovation," American Economic Journal: Economic Policy, vol 8(1), pages 212-252.