TY  - BOOK
AU  - Henderson,Rebecca
AU  - Jaffe,Adam
AU  - Trajtenberg,Manuel
ED  - National Bureau of Economic Research.
TI  - Universities as a Source of Commercial Technology: A Detailed Analysis  of University Patenting 1965-1988 
T2  - NBER working paper series
PY  - 1995///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - March 1995; Hardcopy version available to institutional subscribers
N2  - This paper explores changes in university patenting behavior between 1965 and 1988.  We show that university patents have increased 15-fold while real university research spending almost tripled.  The causes of this increase are unclear, but may include increased focus on commercially relevant technologies, increased industry funding of university research, a 1980 change in federal law that facilitated patenting of results from federally funded research, and the widespread creation of formal technology licensing offices at universities. Up until approximately the mid-1980s, university patents were more highly cited, and were cited by more technologically diverse patents, than a random sample of all patents.  This difference is consistent with the notion that university inventions are more important and more basic than the average invention.  The differences between the two groups disappeared, however, in the middle part of the 1980s, partly due to a decline in the citation rates for all universities, and partly due to an increasing share of patents going to smaller institutions, whose patents are less highly cited throughout this period.  Moreover at both large and small institutions there was a large increase in the fraction of university patents receiving zero citations.  Our results suggest that the rate of increase of important patents from universities is much less than the overall rate of increase of university patenting in the period covered by our data
UR  - https://www.nber.org/papers/w5068
UR  - http://dx.doi.org/10.3386/w5068
ER  -