Bound Volume Number

XI

Document Type

Honors Capstone Project

Date of Submission

Spring 5-5-2015

Capstone Advisor

Prof. Will Geoghegan

Honors Reader

Prof. Donald Cardarelli

Capstone Major

Management

Audio/Visual Component

no

Capstone Prize Winner

no

Won Capstone Funding

no

Honors Categories

Social Sciences

Subject Categories

Management Information Systems

Abstract

Technology transfer is the process by which universities and other higher education institutions (HEIs) channel discovered knowledge and innovations into commercialization. Increasing commercialization has been a feature of HEIs in the United States, especially, for the last several decades. A turning point can be seen with the passage of what is known as the Bayh-Dole Act in 1980. This landmark piece of legislation allowed universities to keep licensing rights from federally funded projects, an institutional ownership model that spurred innovation. HEIs with medical schools are especially affected due to the lucrative nature of biotechnology.

One such measure of innovation and, crucially, commercialization is the number of patents filed per institution. As such, patent data has been obtained for a sample of HEIs in New York State, Ireland, and New Zealand. For benchmarking activity levels, data has also been compiled on the volume of journal publications from each school. Using the statistical software Minitab to analyze these data sets, this paper finds (1) evidence of a significant acceleration in patenting activity after Bayh-Dole, and (2) that increased patenting rates may be causing deceleration in publishing activities at HEIs with medical schools.

Creative Commons License

Creative Commons Attribution 3.0 License
This work is licensed under a Creative Commons Attribution 3.0 License.

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