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Can universities profit from general purpose inventions? The case of Canadian nanotechnology patents

Ahmad Barirani, Catherine Beaudry and Bruno Agard

Article (2017)

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Abstract

The lack of control over downstream assets can hinder universities' ability to extract rents from their inventive activities. We explore this possibility by assessing the relationship between invention generality and renewal decisions for a sample of Canadian nanotechnology patents. Our results show that general purpose inventions enjoy a longer legal life. Although private sector organizations renew their patents at a higher rate than universities, the gap between the two sectors decreases as invention generality increases. However, there is little indication that the most general purpose inventions owned by universities survive for longer than the ones owned by private sector organizations.

Uncontrolled Keywords

university-industry linkages; general purpose technologies; nanotechnology; technology transfer; markets for technology; complementary assets

Subjects: 1600 Industrial engineering > 1600 Industrial engineering
1600 Industrial engineering > 1601 Operations research and management science
2700 Information technology > 2700 Information technology
Department: Department of Mathematics and Industrial Engineering
Funders: Canadian Institutes of Health Research (CIHR)
Grant number: CIHR-KRS-94306
PolyPublie URL: https://publications.polymtl.ca/37484/
Journal Title: Technological Forecasting and Social Change (vol. 120)
Publisher: Elsevier
DOI: 10.1016/j.techfore.2017.01.021
Official URL: https://doi.org/10.1016/j.techfore.2017.01.021
Date Deposited: 18 Apr 2023 15:04
Last Modified: 18 Jan 2025 01:01
Cite in APA 7: Barirani, A., Beaudry, C., & Agard, B. (2017). Can universities profit from general purpose inventions? The case of Canadian nanotechnology patents. Technological Forecasting and Social Change, 120, 271-283. https://doi.org/10.1016/j.techfore.2017.01.021

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