30 Years after Bayh-Dole: Reassessing Academic Entrepreneurship
45 Pages Posted: 25 Apr 2011
Date Written: April 24, 2011
On the 30th anniversary of enactment of the Bayh-Dole Act in the U.S., we consider the rationale for academic entrepreneurship and describe the evolving role of universities in the commercialization of research. We also discuss and appraise the effects of legislative reform in several OECD countries relating to academic entrepreneurship. The article synthesizes papers from the special section and outlines an agenda for additional research on various aspects of academic entrepreneurship in terms of system, university and individual levels. We also consider measurement and methodological issues that must be addressed in additional research.
Keywords: Academic Entrepreneurship, University Entrepreneurship, Patents, Licensing, Start-ups, Technology Transfer, Bayh-Dole Act
JEL Classification: O3, H1
Suggested Citation: Suggested Citation