Synergies or Trade-Offs in University Life Sciences Research |
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| Authors: | Jeremy D Foltz Bradford L Barham Kwansoo Kim |
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| Institution: | Jeremy D. Foltz and Bradford L. Barham are, respectively, associate professor and professor at Department of Agricultural &Applied Economics, University of Wisconsin Madison and Kwansoo Kim is associate professor, Department of Agricultural Economics &Rural Development, Seoul National University. |
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| Abstract: | Major legislative, legal, and technological changes paved the way for a period of remarkable growth in the patenting of life science research by U.S. universities in the 1980s and 1990s. Using a multiple-output cost framework and two decades of panel data on ninety-six universities, this article examines whether economies of scope and/or scale are present in university production of three major life science research outputs: journal articles, patents, and doctorates. The results show strong evidence of economies of scale in life science research production with mixed evidence of economies of scope between articles and patents. |
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| Keywords: | academic research patenting R&D scale economies scope economies |
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