KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
Academic Entrepreneurship - social norms, university culture and policies
Abstract: Is a shift in intellectual property rights to universities
the key instrument in increasing com-mercialization of publicly funded
research? How much can actually be learned from the U.S. system,
disregarding the ongoing debate as to whether the U.S. do actually
outperform Europe in terms of commercializing university based research?
Taking Sweden as a role model I claim that this policy will not work. This
allegation stems from the analysis of a unique data-base giving individual
university researchers view on participation in commercialization of public
research, their commercialization experiences, and the obstacles
researchers claim exist to increase academic entrepreneurship. Despite
researchers positive attitudes towards engag-ing in commercial activities,
the university culture, weak incentive structures and badly man-aged
support facilities impede the creation of efficient links to markets. I
conclude that meas-ures must be taken at primarily the national level, but
also at the university level, to enhance commercialization activities.
Keywords: academic entrepreneurship; commercialization; links; policies; (follow links to similar papers)
JEL-Codes: J24; O31; O57; (follow links to similar papers)
36 pages, December 11, 2007
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