Motivations and incentives for patenting within universities: A survey of Italian inventors

Nicola Baldini, Rosa Grimaldi, Maurizio Sobrero

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Most of the literature on university patenting activity has focused on institutional and organizational change and on mechanisms to overcome market inefficiencies and spur academics to patent their research results. There is little evidence on the incentives for faculty members to get involved in patenting processes, of the obstacles, and of their perceptions of actions to be taken to successfully support the commercialization of academic knowledge through patents. In this paper we present such an assessment based on Italian faculty members. Our analysis is based on a sample of 208 faculty members who appeared to be inventors of Italian academic patents. Our findings show that Italian professors get involved in patenting activities to enhance their prestige and reputation and to look for new stimuli for their research; personal earnings do not represent an important incentive. Respondents appreciate universitylevel support mechanisms and the availability of an outside fertile local context (firms, scientific parks, incubators, venture capitalists, etc.). Implications are discussed with regard to the diffusion patenting policies within universities and the implementation of effective mechanisms supporting academic patenting processes.

Original languageEnglish
Title of host publicationAcademy of Management 2005 Annual Meeting: A New Vision of Management in the 21st Century, AOM 2005
Publication statusPublished - 2005
Event65th Annual Meeting of the Academy of Management, AOM 2005 - Honolulu, HI, United States
Duration: Aug 5 2005Aug 10 2005

Other

Other65th Annual Meeting of the Academy of Management, AOM 2005
CountryUnited States
CityHonolulu, HI
Period8/5/058/10/05

Keywords

  • Incentives
  • Patents
  • Universities

ASJC Scopus subject areas

  • Information Systems and Management

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    Baldini, N., Grimaldi, R., & Sobrero, M. (2005). Motivations and incentives for patenting within universities: A survey of Italian inventors. In Academy of Management 2005 Annual Meeting: A New Vision of Management in the 21st Century, AOM 2005