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University-Industry cooperation: an analysis on the co-generated patents in Italy

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  • Daniele Cerrato
  • Roberto Parente
  • Michele Petrone

Abstract

The academic research system shows a significant increase in the generation of new patents, but the capacity to transfer these patents to firms interested in their economic exploitation is still limited. It is therefore interesting to investigate the factors affecting firms' involvement in the academic research that could lead to patentable results. Drawing on data from a sample of 282 patents from academic inventors of seven Italian universities, this paper focuses on four possible drivers of university-industry collaboration: a) the quality of the academic inventors' basic research; b) their propensy for the applied research; c) the innovative capability of the regional industrial system; d) the existence of local technology clusters. The results suggest that factors relating to the local industrial environment play a significant role in favoring firms' involvement in academic patents. In addition, a greater propensity of the researchers to applied research attracts firms' interest, while the quality of the basic research does not seem to affect firms' decisions to collaborate.

Suggested Citation

  • Daniele Cerrato & Roberto Parente & Michele Petrone, 2012. "University-Industry cooperation: an analysis on the co-generated patents in Italy," L'industria, Società editrice il Mulino, issue 2, pages 255-282.
  • Handle: RePEc:mul:j0hje1:doi:10.1430/37675:y:2012:i:2:p:255-282
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    Keywords

    Technology Transfer; Patents; Academic Inventors; Regional Industrial System; Technology Cluster. JEL Classification: O31; O34; L24;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures

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