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Why and how do scientists commercialize their research? Towards a typology of inventors

Author

Listed:
  • Devrim Goktepe-Hultan

    (Max Planck Institute of Economics)

Abstract
Incentives and assistance provided by TTOs, university policies, patent legislation and scientific disciplines are certainly part of the explanations for academic entrepreneurship. But they are only one facet of the story. Another facet is related to the scientists' motives, expectations and perceptions about the importance and necessity of such activities. There are no comprehensive studies to date that cover both internal and external factors. This is an important, complex and relatively under-researched theme. Our findings suggest that scientists are rarely engage in patenting activities for economic profit reasons or due to institutional and organizational support. Individual relations and networks with firms and other actors found to be important factors for scientists' entrepreneurial activities. Serial inventors act as role models to other scientists and crucial in the creation of an entrepreneurial milieu at the universities, as others would be affected by these behaviours and tend to follow them. However, the fact that university policies and TTOs have provided little incentives for scientists to get involved in entrepreneurship should not be considered to rule out institutional effects.

Suggested Citation

  • Devrim Goktepe-Hultan, 2008. "Why and how do scientists commercialize their research? Towards a typology of inventors," Jena Economics Research Papers 2008-071, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2008-071
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    File URL: https://oweb.b67.uni-jena.de/Papers/jerp2008/wp_2008_071.pdf
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    Cited by:

    1. Diana Boehm & Teresa Hogan, 2014. "‘A jack of all trades’: the role of PIs in the establishment and management of collaborative networks in scientific knowledge commercialisation," The Journal of Technology Transfer, Springer, vol. 39(1), pages 134-149, February.

    More about this item

    Keywords

    university patenting; incentives; individual inventors; inventors’ typology;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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