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A Dynamic Analysis of University Agricultural Biotechnology Patent Production
Authors:Jeremy D  Foltz  Kwansoo  Kim  and Bradford  Barham
Institution:Jeremy Foltz is assistant professor and Bradford Barham is professor at the University of Wisconsin-Madison;. Kwansoo Kim is assistant professor at the Seoul National University.
Abstract:This article examines the factors that account for agricultural biotechnology patenting success among universities using a dynamic count data model. It builds a theoretical and econometric model to capture the inherently dynamic and nonlinear process of technological innovation, wherein a feedback mechanism from previous success partially determines current patent counts. The econometric estimates reveal the importance to agricultural biotechnology patent production of land grant infrastructure, quality faculty, patent-oriented technology transfer offices, as well as dynamic feedback effects.
Keywords:agricultural biotechnology  count data  dynamics  patents  technology transfer
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