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US faculty patenting: Inside and outside the university |
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| Authors: | Jerry Thursby Anne W Fuller Marie Thursby |
| Institution: | a Georgia Institute of Technology, College of Management, 800 W Peachtree St NW, Atlanta, GA 30308, United States b California State University, Sacramento, College of Business, Tahoe Hall 2017, 6000 J Street, Sacramento, CA 95819-6088, United States c Georgia Institute of Technology & NBER, College of Management, 800 W Peachtree St NW, Atlanta, GA 30308, United States |
| Abstract: | In a sample of 5811 patents with US faculty as inventors, 26% are assigned solely to firms rather than universities as dictated by US university employment policies and Bayh-Dole. We relate assignment to patent characteristics, university policy, and inventor field. Patents assigned to firms (whether established or start-ups with inventor as principal) are less basic than those assigned to universities suggesting firm assigned patents result from faculty consulting. Assignment to inventor-related start-ups is less likely the higher the share of revenue inventors receive from university-licensed patents. Firm assignment also varies by inventor field and whether the university is public or private. |
| Keywords: | O31 O32 O34 L38 |
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