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Real Effects of Academic Research

Adam B. Jaffe
- 01 Jan 1989 - 
- Vol. 79, Iss: 5, pp 957-970
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TLDR
In this article, the existence of geographically mediated "spillovers" from university research to commercial innovation is explored using state-level time-series data on corporate patents, corporate R&D, and university research.
Abstract
The existence of geographically mediated "spillovers" from university research to commercial innovation is explored using state-level time-series data on corporate patents, corporate R&D, and university research. A significant effect of university research on corporate patents is found, particularly in the areas of drugs and medical technology, and electronics, optics, and nuclear technology. In addition, university research appears to have an indirect effect on local innovation by inducing industrial R&D spending. Copyright 1989 by American Economic Association.

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Citations
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Innovation and Spatial Knowledge Spillovers: Evidence from Brazilian Patent Data

TL;DR: Goncalves et al. as discussed by the authors analyzed the determinants of regional innovative capacity, measured by patents per capita, for Brazil by means of a comprehensive empirical model based upon the knowledge production function, which comprises the characteristics of the Brazilian microregions such as their industrial basis, urban environment, scientific and technological infrastructure, and also their neighbourhood's innovative activities.
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Extramural research grants and scientists’ funding strategies: Beggars cannot be choosers?

TL;DR: In this paper, the authors provided insights into scientists' strategies for obtaining project-based research funding in the presence of multiple funding opportunities, including the Sixth Framework Programme for Research and Technological Development (FP6), government, foundation, and industry grants.
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Property rights and entrepreneurship in science

TL;DR: In this paper, the authors examine the evolving relationship in science between the reward structure and entrepreneurial activity and conclude that the movement towards privatization may be more beneficial to product development and the scientists engaged in the activity than to basic science.
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Is academic science driving a surge in industrial innovation? evidence from patent citations ∗

TL;DR: In this paper, the authors used a common empirical framework to assess the relative importance of various alternative hypotheses in explaining the growth in patent citations to science and found that the nature of U.S. inventive activity has changed over the sample period, with an increased emphasis on the use of the knowledge generated by university-based scientists in later years.
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Regional Innovation Measured by Patent Data-Does Quality Matter?

TL;DR: In this article, a new way of measuring the geographical scope of innovation based on patent data and compares its geographical distribution with that of patents granted and production is proposed, which indicates that the concentration of innovation is understated, as raw patent counts are used to proxy for innovation rather than quality patents.
References
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ReportDOI

Patent Statistics as Economic Indicators: A Survey

TL;DR: In this paper, the authors present a survey on the use of patent data in economic analysis, focusing on the patent data as an indicator of technological change and concluding that patent data remain a unique resource for the study of technical change.
Posted Content

Patent Statistics as Economic Indicators: A Survey

TL;DR: In this paper, the authors present a survey on the use of patent data in economic analysis, focusing on the patent data as an indicator of technological change and concluding that patent data remain a unique resource for the study of technical change.
Posted Content

Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits and Market Value

TL;DR: In this article, the authors present evidence that firms' patents, profits and market value are systematically related to the technological position of firms' research programs, and that firms are seen to "move" in technology space in response to the pattern of contemporaneous profits at different positions.
Journal ArticleDOI

Econometric Models for Count Data with an Application to the Patents-R&D Relationship

TL;DR: This paper developed and adapted statistical models of counts (nonnegative integers) in the context of panel data and used them to analyze the relationship between patents and R&D expenditures. But their model is not suitable for the analysis of large-scale data sets.
ReportDOI

Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits, and Market Value

TL;DR: In this article, the effects of exogenous variations in the state of technology (technological opportunity) and of the R&D of other firms (spillovers of r&D) on the productivity of firms' R&Ds were quantified.
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What are effects of research?

The effects of research discussed in the paper include the influence of university research on corporate patents, particularly in the areas of drugs and medical technology, and electronics, optics, and nuclear technology. Additionally, university research has an indirect effect on local innovation by stimulating industrial R&D spending.