G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19252
来源IDWorking Paper 19252
Patents in the University: Priming the Pump and Crowding Out
Suzanne Scotchmer
发表日期2013-07-25
出版年2013
语种英语
摘要The Bayh-Dole Act allows universities to exploit patents on their federally sponsored research. University laboratories therefore have two sources of funds: direct grants from sponsors and income from licensing. Tax credits for private R&D also contribute, because they increase the profitability of licensing. Because Bayh-Dole profits are a source of funds, the question arises how subsidies and Bayh-Dole profits fit together. I show that subsidies to the university can either "prime the pump" for spending out of Bayh-Dole funds, or can crowd it out. Because of crowding out, if the sponsor wants to increase university spending beyond the university's own target, it will end up funding the entire research bill, just as if there were no profit opportunities under the Bayh-Dole Act. A subsidy system that requires university matching can mitigate this problem.
主题Other ; Law and Economics ; Industrial Organization ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w19252
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/576927
推荐引用方式
GB/T 7714
Suzanne Scotchmer. Patents in the University: Priming the Pump and Crowding Out. 2013.
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