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Carrots Instead of Sticks: How Universities Support Commercialization in a Non Bayh-Dole Context

Conference contribution
Authors Linus Brunnström
Published in Paper presented at the 10th European Meeting on Applied Evolutionary Economics (EMAEE): Creativity, Innovation and Economic Dynamics, Strasbourg. 31/5 to 3/6 2017
Publication year 2017
Published at Department of Economy and Society, Innovation and Entrepreneurship (IIE)
Department of Economy and Society
Language en
Subject categories Economics and Business

Abstract

In most countries, policy makers have decided that the university itself should be the owner of intellectual property, not the State or inventor. The US started this trend with the Bayh-Dole Act of 1980 and since then most other Western countries have followed suit, but the merits of university ownership are highly questioned. Sweden, however, stands out as different; legislature defines the individual as the owner. Recent studies suggest that Sweden has fared well with inventor ownership. Based on interviews with key individuals at three Swedish universities, this study aims to explain how universities support commercialization and how this process is influenced by policy-making, financing and reluctant researchers. I find that under inventor ownership, universities, but also the Government, offer support without ownership claims in the resulting firm or sold IP if the researcher is active. If the researcher is inactive for whatever reason there are still several strategies to achieve commercialization.

Page Manager: Webmaster|Last update: 9/11/2012
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