Individual versus institutional ownership of university-discovered inventions


Czarnitzki, Dirk ; Doherr, Thorsten ; Hussinger, Katrin ; Schliessler, Paula ; Toole, Andrew A.


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URL: https://ub-madoc.bib.uni-mannheim.de/38751
URN: urn:nbn:de:bsz:180-madoc-387519
Document Type: Working paper
Year of publication: 2015
The title of a journal, publication series: ZEW Discussion Papers
Volume: 15-007
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > Zentrum für Europ. Wirtschaftsforschung (ZEW) (-2018)
MADOC publication series: Veröffentlichungen des ZEW (Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: O38,
Keywords (English): Intellectual property , patents , technology transfer , policy evaluation
Abstract: We examine how the ownership of intellectual property rights influences patenting of university-discovered inventions. In 2002, Germany transferred patent rights from faculty members to their universities. To identify the effect on the volume of patenting, we exploit the researcher-level exogeneity of the 2002 policy change using a novel researcher-level panel database that includes a control group not affected by the law change. For professors who had existing industry connections, the policy decreased patenting, but for those without prior industry connections, it increased patenting. Overall, fewer university inventions were patented following the shift from inventor to institutional ownership.

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Czarnitzki, Dirk ; Doherr, Thorsten ; Hussinger, Katrin ; Schliessler, Paula ; Toole, Andrew A. (2015) Individual versus institutional ownership of university-discovered inventions. Open Access Mannheim [Working paper]
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