%0 Journal Article %1 Kenney2011 %A Kenney, Martin %A Patton, Donald %D 2011 %I Elsevier B.V. %J Research Policy %K Act,Entrepreneurship,IPPolicie,Inventor Bayh-Dole licensing,UniversityPerformance ownership,StandardMetrics,USA,University technology %N 8 %P 1100--1112 %R 10.1016/j.respol.2011.05.012 %T Does inventor ownership encourage university research-derived entrepreneurship? A six university comparison %U http://linkinghub.elsevier.com/retrieve/pii/S004873331100093X %V 40 %X This paper examines whether university ownership of inventions made by its personnel best serves the widely held social goals of encouraging technology commercialization and entrepreneurship. Using a hand-collected census of technology-based university spin-offs from six universities, one of which is the University of Waterloo and the only inventor ownership university in North America, we compare the number and type of spin-offs produced by these universities. We find suggestive evidence that inventor ownership universities can be more efficient in generating spin-offs on both per faculty and per R&D dollar expended perspective. We find that the field of computer sciences and electrical engineering generates a greater number of spin-offs than do our other two categories – the biomedical sciences, and the field of engineering and the physical sciences. In general, our results demonstrate that inventor ownership can be extremely productive of spin-offs. From these results, we suggest that governments seeking to encourage university invention commercialization and entrepreneurship should experiment with an inventor ownership system.

@article{Kenney2011, abstract = {This paper examines whether university ownership of inventions made by its personnel best serves the widely held social goals of encouraging technology commercialization and entrepreneurship. Using a hand-collected census of technology-based university spin-offs from six universities, one of which is the University of Waterloo and the only inventor ownership university in North America, we compare the number and type of spin-offs produced by these universities. We find suggestive evidence that inventor ownership universities can be more efficient in generating spin-offs on both per faculty and per R\&D dollar expended perspective. We find that the field of computer sciences and electrical engineering generates a greater number of spin-offs than do our other two categories – the biomedical sciences, and the field of engineering and the physical sciences. In general, our results demonstrate that inventor ownership can be extremely productive of spin-offs. From these results, we suggest that governments seeking to encourage university invention commercialization and entrepreneurship should experiment with an inventor ownership system.}, added-at = {2012-02-27T06:11:36.000+0100}, author = {Kenney, Martin and Patton, Donald}, biburl = {https://www.bibsonomy.org/bibtex/26d581c5eb07f6f7ff798776ef3fb7d72/kamil205}, doi = {10.1016/j.respol.2011.05.012}, file = {:Users/Miguel/Dropbox/Escola/Artigos/Kenney, Patton\_2011\_Does inventor ownership encourage university research-derived entrepreneurship A six university comparison.pdf:pdf}, interhash = {77e5fe6f3204120c8c63ce70cf98b254}, intrahash = {6d581c5eb07f6f7ff798776ef3fb7d72}, issn = {00487333}, journal = {Research Policy}, keywords = {Act,Entrepreneurship,IPPolicie,Inventor Bayh-Dole licensing,UniversityPerformance ownership,StandardMetrics,USA,University technology}, mendeley-tags = {IPPolicie,StandardMetrics,USA,UniversityPerformance}, month = oct, number = 8, pages = {1100--1112}, publisher = {Elsevier B.V.}, timestamp = {2012-02-27T06:12:00.000+0100}, title = {{Does inventor ownership encourage university research-derived entrepreneurship? A six university comparison}}, url = {http://linkinghub.elsevier.com/retrieve/pii/S004873331100093X}, volume = 40, year = 2011 }