Rights statement: This is the author’s version of a work that was accepted for publication in Research Policy. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Research Policy, 45, 2, 2016 DOI: 10.1016/j.respol.2015.11.008
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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - Patenting rationales of academic entrepreneurs in weak and strong organizational regimes
AU - Walter, Sascha Gabriel
AU - Schmidt, Arne
AU - Walter, Achim
N1 - This is the author’s version of a work that was accepted for publication in Research Policy. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Research Policy, 45, 2, 2016 DOI: 10.1016/j.respol.2015.11.008
PY - 2016/3
Y1 - 2016/3
N2 - This study explores why academic entrepreneurs seek patents for spin-off technology in weak organizational regimes (the employee owns her inventions) and strong organizational regimes (the employer, i.e. the university or research organization, owns these inventions). Specifically, we examine organizational and founding team characteristics as alternative explanations. Matched data of academic spin-offs from both contexts combined with patent data show that founding team characteristics (expert knowledge and entrepreneurial orientation) matter in weak, but not strong regimes. In contrast, organizational patenting norms are the key driver of patenting in strong, but not weak regimes. We discuss the implications of our results for the current literature and technology transfer policies.
AB - This study explores why academic entrepreneurs seek patents for spin-off technology in weak organizational regimes (the employee owns her inventions) and strong organizational regimes (the employer, i.e. the university or research organization, owns these inventions). Specifically, we examine organizational and founding team characteristics as alternative explanations. Matched data of academic spin-offs from both contexts combined with patent data show that founding team characteristics (expert knowledge and entrepreneurial orientation) matter in weak, but not strong regimes. In contrast, organizational patenting norms are the key driver of patenting in strong, but not weak regimes. We discuss the implications of our results for the current literature and technology transfer policies.
KW - Academic entrepreneurs
KW - Patent propensity
KW - Technology spin-offs
U2 - 10.1016/j.respol.2015.11.008
DO - 10.1016/j.respol.2015.11.008
M3 - Journal article
VL - 45
SP - 533
EP - 545
JO - Research Policy
JF - Research Policy
SN - 0048-7333
IS - 2
ER -