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What determines university patent commercialization? Empirical evidence on the role of IPR ownership

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dc.contributor.authorGiuri, Paola
dc.contributor.authorMunari, Federico
dc.contributor.authorPasquini, Martina
dc.contributor.rorhttps://ror.org/02jjdwm75
dc.date.accessioned2024-07-02T16:11:28Z
dc.date.available2024-07-02T16:11:28Z
dc.date.issued2013-09-10
dc.description.abstractThis article addresses the commercialization of academic patents, developed in both universities and public research organizations (PROs). We distinguish between university-owned and university- invented patents to analyze if and how patent ownership affects the probability of commercialization and, similarly, if the characteristics of national university intellectual property right (IPR) regimes correlate with it. We study three commercialization channels—sales, licensing, and spin-off formation—appear in a sample of 858 university and PRO patents filed with the European Patent Office between 2003–2005 across 22 countries. To analyze differences in commercialization outcomes, this study employs a multivariate probit model. The results suggest that PRO ownership is negatively associated with the likelihood of selling the patent and creating an academic spin-off; university ownership positively affects the patent’s licensing uses. Finally, the institutional IPR regime has a negative effect on the probability of selling a patent.
dc.description.sponsorshipFinancial support from the EC project 217299 InnoS&T and from the EIBURS programme of the EIB (FinKT project) is gratefully acknowledged.
dc.formatapplication/pdf
dc.identifier.citationGiuri, P., Munari, F., & Pasquini, M. (2013). What determines university patent commercialization? Empirical evidence on the role of IPR ownership. Industry and Innovation, 20(5), 488-502. https://doi.org/10.1080/13662716.2013.824195.
dc.identifier.doihttps://doi.org/10.1080/13662716.2013.824195
dc.identifier.issn1469-8390
dc.identifier.urihttps://hdl.handle.net/20.500.14417/2882
dc.issue.number5
dc.journal.titleIndustry and Innovation
dc.language.isoeng
dc.licensehttps://creativecommons.org/licenses/by-nd-nc/1.0/legalcode
dc.page.final502
dc.page.initial488
dc.page.total488-502
dc.publisherTaylor & Francis
dc.relation.departmentStrategy
dc.relation.entityIE University
dc.relation.projectIDEC project 217299 InnoS&T
dc.relation.schoolIE Business School
dc.rightsAttribution Non Commercial No Derivatives 1.0 Generic
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nd-nc/1.0/legalcode
dc.subject.keywordTechnological Change
dc.subject.keywordResearch and Development
dc.subject.keywordIntellectual Property Rights
dc.subject.otherTechnological Change;Research and Development;Intellectual Property Rights
dc.titleWhat determines university patent commercialization? Empirical evidence on the role of IPR ownership
dc.typeinfo:eu-repo/semantics/article
dc.version.typeinfo:eu-repo/semantics/acceptedVersion
dc.volume.number20
dspace.entity.typePublication
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relation.isAuthorOfPublication12109eb9-bcb9-4afb-a669-131aac6e0e90
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relation.isAuthorOfPublication.latestForDiscovery12109eb9-bcb9-4afb-a669-131aac6e0e90
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