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QUESTIONS Has licensing generated sponsored research? How has it affected knowledge sharing & use of research? Has faculty research been diverted in response.

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Presentation on theme: "QUESTIONS Has licensing generated sponsored research? How has it affected knowledge sharing & use of research? Has faculty research been diverted in response."— Presentation transcript:

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2 QUESTIONS Has licensing generated sponsored research? How has it affected knowledge sharing & use of research? Has faculty research been diverted in response to financial incentives associated with Bayh Dole? Little known Some known Very little known

3 How Are License Funds Spent? 41% of royalty income to administration or inventor department ( Thursby, Jensen, & Thursby 2001 JTT) Sponsored research associated with licenses as % of license funds ( AUTM Surveys )

4 INDUSTRY SPONSORED RESEARCH Benefits Complementary to basic research agenda Mansfield 1995 ReStat Zucker et al. 1994, 1998 Access to equipment & data Morgan, Strickland, & Kannankutty surveys (NSF) What are the costs?

5 Restrictions From IP Issues Publication restrictions Blumenthal 1997 JAMA Cohen, Florida, and Randazzese 1997 Thursby and Thursby 2000 Publication delay related to patent/commercialization Reluctance to share research related to scientific priority Sharing of materials and research Blumenthal 1997

6 Faculty Effort Important for commercial development of many university inventions Jensen & Thursby AER 2001 Agarwal 2000 Inventions in early stages of development Most are proof of concept or lab scale prototype

7 FACULTY INVOLVEMENT Thursby and Thursby 2000 Business Survey

8 Focus of Faculty Research Tradition of applied research before Bayh-Dole Mowery, Nelson, Sampat, & Ziedonis 1999 Research Policy New willingness of faculty to disclose inventions? Thursby & Thursby 2001 Management Science Evidence of changes in academic research Cohen, Florida, Randezzese, & Walsh 1997 Morgan, Kannankutty, & Strickland (NSF )

9 Need Data on Individual Faculty to Examine Have research agendas changed? If so, Is it faculty with a comparative advantage in basic or applied research? Why the change? Is it individual or policy effects? –Age distribution of faculty –Funding availability –University policies Thursby & Thursby—panel database of research and disclosure activity of 7000 faculty from 11 universities for (NSF)


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