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Life Scientist Mobility from Academe to Industry: Does Academic Entrepreneurship Induce a Costly ?Brain Drain? on the Not-for-Profit Research Sector?

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  • Toole, Andrew A.
  • Czarnitzki, Dirk
Abstract
When academic researchers participate in commercialization using for-profit firms there is a potentially costly trade-off – their time and effort are diverted away from academic knowledge creation. This is a form of brain drain on the not-for-profit research sector which may reduce knowledge accumulation and adversely impact long-run economic growth. In this paper, we examine the economic significance of the brain drain phenomenon using scientist-level panel data. We identify life scientists who start or join for-profit firms using information from the Small Business Innovation Research (SBIR) program and analyze the research performance of these scientists relative to a control group of randomly selected research peers. Combining our statistical results with data on the number of university spin-offs in the U.S. from 1994 to 2004 we find the academic brain drain has a nontrivial impact on knowledge creation in the not-forprofit research sector.

Suggested Citation

  • Toole, Andrew A. & Czarnitzki, Dirk, 2007. "Life Scientist Mobility from Academe to Industry: Does Academic Entrepreneurship Induce a Costly ?Brain Drain? on the Not-for-Profit Research Sector?," ZEW Discussion Papers 07-072, ZEW - Leibniz Centre for European Economic Research.
    • Handle: RePEc:zbw:zewdip:6892
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    References listed on IDEAS

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    Cited by:

    1. Dirk Czarnitzki & Andrew Toole, 2010. "Is there a trade-off between academic research and faculty entrepreneurship? Evidence from US NIH supported biomedical researchers," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 19(5), pages 505-520.
    2. James D. Adams, 2009. "Is the U.S. Losing Its Preeminence in Higher Education?," NBER Working Papers 15233, National Bureau of Economic Research, Inc.
    3. Edler, Jakob & Fier, Heide & Grimpe, Christoph, 2008. "International Scientist Mobility and the Locus of Technology Transfer," ZEW Discussion Papers 08-082, ZEW - Leibniz Centre for European Economic Research.

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