Is there a trade-off between academic research and faculty entrepreneurship? : evidence from U.S. NIH supported biomedical researchers


Czarnitzki, Dirk ; Toole, Andrew A.


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URL: http://ub-madoc.bib.uni-mannheim.de/2359
URN: urn:nbn:de:bsz:180-madoc-23591
Document Type: Working paper
Year of publication: 2009
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: L53 O31 O38 ,
Subject headings (SWD): USA , Forschungskooperation , Hochschulforschung , Industrieforschung , Medizin , Wissenschaftler , Wissenschaftliche Literatur
Keywords (English): academic entrepreneurship , SBIR , NIH , biomedical research , life scientist productivity
Abstract: Is there a trade-off of scholarly research productivity when faculty members found or join for-profit firms? This paper offers an empirical examination of this question for a subpopulation of biomedical academic scientists who received research funding from the U.S. National Institutes of Health (NIH). In this study, we are able to distinguish between permanent versus temporary employment transitions by entrepreneurial faculty members and examine how their journal article publication rates change using individual-level panel data. We find that the biomedical scientists who eventually choose to found or join a for-profit firm were more productive during their careers in academe than a randomly selected control group of their NIH peers. When they pursue entrepreneurship in the private sector, however, their scholarly productivity falls. Those entrepreneurial faculty members who return to academe are not as productive as they were before their entrepreneurial experience in terms of journal publications.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Czarnitzki, Dirk ; Toole, Andrew A. (2009) Is there a trade-off between academic research and faculty entrepreneurship? : evidence from U.S. NIH supported biomedical researchers. Open Access [Working paper]
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