Ayresian Technology, Schumpeterian Innovation, and the Bayh-Dole Act
A main implication of C.E. Ayres tool-combination principle is that the goal of technical progress is best served by a non-proprietary, open science public policy. Joseph Schumpeter claimed that new combinations are consequential only when they have been successfully commercialized. The capacity to...
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| Veröffentlicht in: | Journal of economic issues 2009-06, Vol.43 (2), p.477-486 |
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| container_title | Journal of economic issues |
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| creator | Brown, Christopher |
| description | A main implication of C.E. Ayres tool-combination principle is that the goal of technical progress is best served by a non-proprietary, open science public policy. Joseph Schumpeter claimed that new combinations are consequential only when they have been successfully commercialized. The capacity to privatize knowledge is, moreover, a powerful stimulus to innovation. This paper reexamines the Ayresian and Schumpeterian positions using evidence from the Bayh Dole experiment. The Bayh Dole Act, which gave universities title to inventions resulting from federally-sponsored research, created a laboratory wherein the trade-offs between diminution of the appropriable knowledge fund (due to patenting) and incentives to commercialization can be appraised. |
| doi_str_mv | 10.2753/JEI0021-3624430221 |
| format | Article |
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Ayres tool-combination principle is that the goal of technical progress is best served by a non-proprietary, open science public policy. Joseph Schumpeter claimed that new combinations are consequential only when they have been successfully commercialized. The capacity to privatize knowledge is, moreover, a powerful stimulus to innovation. This paper reexamines the Ayresian and Schumpeterian positions using evidence from the Bayh Dole experiment. The Bayh Dole Act, which gave universities title to inventions resulting from federally-sponsored research, created a laboratory wherein the trade-offs between diminution of the appropriable knowledge fund (due to patenting) and incentives to commercialization can be appraised.</description><subject>anticommons</subject><subject>Ayres, Clarence Edwin</subject><subject>Bayh-Dole</subject><subject>Biomedical research</subject><subject>Biomedical technology</subject><subject>Collaboration</subject><subject>Commercialization</subject><subject>Entrepreneurial finance</subject><subject>Entrepreneurs</subject><subject>History of technology</subject><subject>Innovations</subject><subject>Institutionalism</subject><subject>Intellectual property</subject><subject>Interpretation and construction</subject><subject>Inventions</subject><subject>Knowledge</subject><subject>Licenses</subject><subject>Licensing</subject><subject>Patent law</subject><subject>Patent licensing</subject><subject>Privatization</subject><subject>Proprietary</subject><subject>Public policy</subject><subject>R&D</subject><subject>Research & development</subject><subject>Research universities</subject><subject>Scientists</subject><subject>Start up firms</subject><subject>Startups</subject><subject>Studies</subject><subject>Technological change</subject><subject>Technological innovation</subject><subject>Technology transfer</subject><subject>Universities</subject><subject>University research</subject><issn>0021-3624</issn><issn>1946-326X</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2009</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><sourceid>N95</sourceid><sourceid>8G5</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNqNkt-L1DAQx4souJ7-A4JQfBCE7Zmf7fbBh729c91j4R48wbeQptNulzZZk_S0_70pPVZXFpEwmZD5fGeGZKLoNUaXJOP0w-3NBiGCE5oSxigiBD-JZjhnaUJJ-u1pNDtGn0cvnNsjhDjjfBZdLwcLrpE6vge106Y19TCPv6hd3x3Agx0jG63Ng_SN0fNY6jL2O4iv5LBLrk0L8VL5l9GzSrYOXj36i-jrp5v71edke7ferJbbRGUU-YTKolIoy4FJyKBSEhYsYwQzmZdFGe4RYcCBLKoS57goCsJQUaW0yguocsbpRfRuynuw5nsPzouucQraVmowvRM0I2nGOQng27_AvemtDr0JjrOcUsrSACUTVMsWRKMr461UNWiwsjUaqiZcLwnCNMOI5oG_PMOHVULXqLOC9yeCwHj46WvZOyc2V-v_Zhfr7SmbnGOVaVuoQYQnX92d8vM_-KJ3jQYXNtfUO--mEic4mXBljXMWKnGwTSftIDAS47SJx2kTv6ctiG4nkYUDqKOiA7cH1YQCD4JKRsM2BCMI5cE14zHYYYxlmWCLVOx8F5K9mZLtnTf2mIxwjjHjY7GPU3z8BNvJH8a2pfByaI2trNShoKD_aPYXhHz4lg</recordid><startdate>20090601</startdate><enddate>20090601</enddate><creator>Brown, Christopher</creator><general>Routledge</general><general>Association for Evolutionary Economics</general><general>M.E. 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| ispartof | Journal of economic issues, 2009-06, Vol.43 (2), p.477-486 |
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| language | eng |
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| source | RePEc; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing |
| subjects | anticommons Ayres, Clarence Edwin Bayh-Dole Biomedical research Biomedical technology Collaboration Commercialization Entrepreneurial finance Entrepreneurs History of technology Innovations Institutionalism Intellectual property Interpretation and construction Inventions Knowledge Licenses Licensing Patent law Patent licensing Privatization Proprietary Public policy R&D Research & development Research universities Scientists Start up firms Startups Studies Technological change Technological innovation Technology transfer Universities University research |
| title | Ayresian Technology, Schumpeterian Innovation, and the Bayh-Dole Act |
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