2014
DOI: 10.2139/ssrn.2489231
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Academic Patent Licenses: Roadblocks or Signposts for Nonlicensee Cumulative Innovation?

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Cited by 6 publications
(12 citation statements)
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References 60 publications
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“…Our results are consistent with other findings in the literature that suggest that licensing may have a positive signaling effect (e.g., Drivas et al (2014)), but that licenses on research tools may lead to restrictions on input materials that are important for follow-on research (Heller andEisenberg 1998, Walsh et al 2007).…”
Section: Discussionsupporting
confidence: 92%
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“…Our results are consistent with other findings in the literature that suggest that licensing may have a positive signaling effect (e.g., Drivas et al (2014)), but that licenses on research tools may lead to restrictions on input materials that are important for follow-on research (Heller andEisenberg 1998, Walsh et al 2007).…”
Section: Discussionsupporting
confidence: 92%
“…We use this methodology to identify the scientific publications associated with University of California patents and licenses.Based on a "differences-in-differences" analysis, we find that, in general, licenses are associated with an increase in journal citations to related scientific publications. The timing of this effect supports recent research that suggests that academic licenses may act as positive signals of research potential in research fields linked to the licensed invention (Drivas et al 2014). In contrast, we find that licensing of research inputs (which we identify through the use of material transfer agreements, or MTAs) depresses citations to related scientific publications.Our results suggest that, overall, licensing of academic patents does not limit scientific communication linked to patented academic research.…”
supporting
confidence: 84%
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“…This allocation of attention in turn shapes the direction and efficiency of innovative efforts and has fundamental implications for firm performance (Ocasio 1997(Ocasio , 2010. Indeed, there is evidence that researchers' scarce attention to new knowledge shapes the evolution of science (Simcoe and Waguespack 2011, Iaria et al 2018, Reschke et al 2018, Teodoridis et al 2018, Chai and Menon 2019, whereas R&D workers' bounded attention to new inventions shapes the development of new technologies (Podolny et al 1996, Polidoro 2013, Drivas et al 2017. However, much less is known about the interface between the two-that is, how firms allocate their limited attention to the academic literature.…”
Section: Notedmentioning
confidence: 99%
“…Among the set of coefficients of the control variables, the coefficient of Federal i is the primary coefficient of interest, which shows whether government sponsored patents are more 11 For example, granted patent with a larger prior art base may disclose a broader and ultimately more valuable invention -'standing on the shoulders of giants'. It should be noted here that forward citations have been shown to be positively influenced by licensing (Drivas et al, 2014;Chan, 2015;Sampat and Ziedonis, 2005). Therefore, any positive coefficient that may be found between forward citations and likelihood of switching to LES could have an alternative explanation.…”
Section: Methodsmentioning
confidence: 79%