Is there a trade-off between academic research and faculty entrepreneurship? : evidence from U.S. NIH supported biomedical researchers


Czarnitzki, Dirk ; Toole, Andrew A.


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URL: http://ub-madoc.bib.uni-mannheim.de/2359
URN: urn:nbn:de:bsz:180-madoc-23591
Dokumenttyp: Arbeitspapier
Erscheinungsjahr: 2009
Sprache der Veröffentlichung: Englisch
Einrichtung: Sonstige Einrichtungen > Zentrum für Europ. Wirtschaftsforschung (ZEW)
MADOC-Schriftenreihe: Veröffentlichungen des ZEW (Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Fachgebiet: 330 Wirtschaft
Fachklassifikation: JEL: L53 O31 O38 ,
Normierte Schlagwörter (SWD): USA , Forschungskooperation , Hochschulforschung , Industrieforschung , Medizin , Wissenschaftler , Wissenschaftliche Literatur
Freie Schlagwörter (Englisch): academic entrepreneurship , SBIR , NIH , biomedical research , life scientist productivity
Abstract: Is there a trade-off of scholarly research productivity when faculty members found or join for-profit firms? This paper offers an empirical examination of this question for a subpopulation of biomedical academic scientists who received research funding from the U.S. National Institutes of Health (NIH). In this study, we are able to distinguish between permanent versus temporary employment transitions by entrepreneurial faculty members and examine how their journal article publication rates change using individual-level panel data. We find that the biomedical scientists who eventually choose to found or join a for-profit firm were more productive during their careers in academe than a randomly selected control group of their NIH peers. When they pursue entrepreneurship in the private sector, however, their scholarly productivity falls. Those entrepreneurial faculty members who return to academe are not as productive as they were before their entrepreneurial experience in terms of journal publications.
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Czarnitzki, Dirk und Toole, Andrew A. (2009) Is there a trade-off between academic research and faculty entrepreneurship? : evidence from U.S. NIH supported biomedical researchers. [Arbeitspapier]
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