Replication data for: University Innovation and the Professor's Privilege

Principal Investigator(s): View help for Principal Investigator(s) Hans K. Hvide; Benjamin F. Jones

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Replication-Files-_-July_2018			10/12/2019 06:01:AM
LICENSE.txt	text/plain	14.6 KB	10/12/2019 02:01:AM

Project Citation:

Hvide, Hans K., and Jones, Benjamin F. Replication data for: University Innovation and the Professor’s Privilege. Nashville, TN: American Economic Association [publisher], 2018. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113125V1

Project Description

Summary: National policies take varied approaches to encouraging university-based innovation. This paper studies a natural experiment: the end of the "professor's privilege" in Norway, where university researchers previously enjoyed full rights to their innovations. Upon the reform, Norway moved toward the typical US model, where the university holds majority rights. Using comprehensive data on Norwegian workers, firms, and patents, we find a 50 percent decline in both entrepreneurship and patenting rates by university researchers after the reform. Quality measures for university start-ups and patents also decline. Applications to literature on university technology transfer, innovation incentives, and taxes and entrepreneurship are considered.

Scope of Project

JEL Classification:
      I23 Higher Education; Research Institutions
      L26 Entrepreneurship
      M13 New Firms; Startups
      O31 Innovation and Invention: Processes and Incentives
      O33 Technological Change: Choices and Consequences; Diffusion Processes
      O34 Intellectual Property and Intellectual Capital

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Published Versions

V1 [2019-10-12]

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