TY - JOUR
T1 - Universities and fundamental research
T2 - Reflections on the growth of university-industry partnerships
AU - Poyago-Theotoky, Joanna
AU - Beath, John
AU - Siegel, Donald S.
N1 - Funding Information:
During the 1980s, the US National Science Foundation (a federal/national agency) also substantially increased funding for Industry–University Cooperative Research Centers (IUCRCs). IUCRCs, which depend on industry support, are designed to promote technological diffusion, commercialization, and integration of research and education. Many universities in all OECD nations have also established science parks and incubators on or near campus, which may be viewed as another relevant type of technology partnership.5 These institutions often receive additional financial support from individual state or regional governments, since they are perceived as promoting economic growth and development.
PY - 2002
Y1 - 2002
N2 - The recent rise in university-industry partnerships has stimulated an important public-policy debate regarding how these relationships affect fundamental research. In this paper, we examine the antecedents and consequences of policies to promote university-industry alliances. Although the preliminary evidence appears to suggest that these partnerships have not had a deleterious effect on the quantity and quality of basic research, some legitimate concerns have been raised about these activities that require additional analysis. We conclude that additional research is needed to provide a more accurate assessment of the optimal level of commercialization.
AB - The recent rise in university-industry partnerships has stimulated an important public-policy debate regarding how these relationships affect fundamental research. In this paper, we examine the antecedents and consequences of policies to promote university-industry alliances. Although the preliminary evidence appears to suggest that these partnerships have not had a deleterious effect on the quantity and quality of basic research, some legitimate concerns have been raised about these activities that require additional analysis. We conclude that additional research is needed to provide a more accurate assessment of the optimal level of commercialization.
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U2 - 10.1093/oxrep/18.1.10
DO - 10.1093/oxrep/18.1.10
M3 - Article
AN - SCOPUS:0036253770
SN - 0266-903X
VL - 18
SP - 10
EP - 21
JO - Oxford Review of Economic Policy
JF - Oxford Review of Economic Policy
IS - 1
ER -