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Public Knowledge,Private Property and the Economics of High-tech Consortia
Authors:Maurice Cassier  Dominique Foray
Institution:CNRS, IMRI , Unversité Paris Dauphine , Paris cedex 16, 75775
Abstract:

The management of knowledge in research consortia raises new appropriability issues, such as copying with the tension between individual protection and data sharing which is required in any process of collective invention. Based on case studies carried out in the field of biotechnology, the paper discusses these issues and develop some policy implications.
Keywords:bayh–dole act  quantile regression  returns to innovation  skewed distributions  technology transfer  university patents
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