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30 years after Bayh–Dole: Reassessing academic entrepreneurship
Authors:Rosa Grimaldi  Martin Kenney  Donald S Siegel  Mike Wright
Institution:aDepartment of Management, University of Bologna, Via Capo di Lucca 34, 40126 Bologna, Italy;bDepartment of Human and Community Development, University of California, Davis, Davis, CA 95616, United States;cBerkeley Roundtable on the International Economy, University of California, Berkeley, CA, United States;dSchool of Business, University at Albany, SUNY, Albany, NY 12222, United States;eCentre for Management Buy-out Research, Nottingham University Business School, Nottingham NG8 1BB, UK;fUniversity of Ghent, Ghent, Belgium
Abstract:On the 30th anniversary of enactment of the Bayh–Dole Act in the U.S., we consider the rationale for academic entrepreneurship and describe the evolving role of universities in the commercialization of research. We also discuss and appraise the effects of legislative reform in several OECD countries relating to academic entrepreneurship. The article synthesizes papers from the special section and outlines an agenda for additional research on various aspects of academic entrepreneurship in terms of system, university and individual levels. We also consider measurement and methodological issues that must be addressed in additional research.
Keywords:JEL classification: L26  M13  O31  O32  O34
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