scispace - formally typeset
Open AccessPosted Content

Real Effects of Academic Research

Adam B. Jaffe
- 01 Jan 1989 - 
- Vol. 79, Iss: 5, pp 957-970
Reads0
Chats0
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.

read more

Citations
More filters
Journal ArticleDOI

Creativity and regional innovation: Evidence from EU regions ★

TL;DR: In this article, the role of creative workers in the region as a source and foundational element of regional innovation in the European Union is analyzed and the empirical relevance of this factor, which they label inspiration, within the structure of a recursive model for regional innovation for a set of 83 European regions.
Journal ArticleDOI

Universities and agricultural biotechnology patent production

TL;DR: Using patent data, this paper provided an initial empirical investigation into university production of agricultural biotechnology patents, and developed a consistent theoretical methodology for understanding the university patent production process and then estimate count data econometric models of university-owned agricultural Biotechnology patents on a series of explanatory variables.

The Uneven Landscape of Innovation Poles Local Embeddedness and Global Networks

TL;DR: In this article, the authors explore the role of public policy in promoting interorganisational knowledge links in the biotechnology sector and identify four main types of knowledge exchange, including market relations, spillovers, formal co-operations and informal networking.
Journal ArticleDOI

Rational drug design, the knowledge value chain and bioscience megacentres

TL;DR: In this article, the authors trace important shifts and cluster evolution in the healthcare industry and examine the implications of the rise of science-based clusters for economic geography and related policies, with a special focus on biosciences and their rise of biologics more generally at the expense of fine chemistry in drug development.
Journal ArticleDOI

Geographical Clusters and Innovation Diffusion

TL;DR: In this paper, the authors argue that externalities promoting the adoption of new technology are stronger at the regional level and depend positively on the proximity of early users, and verify the importance of geography and inter-firm networking in the process of knowledge transfer and diffusion.
References
More filters
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.
Related Papers (5)
Trending Questions (2)
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.