Ivory Tower and Industrial Innovation

"This book addresses an important and timely topic which has garnered substantial interest among policymakers, academic analysts, and the broader scientific and technical community. It reflects over a decade of careful qualitative and quantitative research by these authors. This collection brings together their most interesting work in this important area." —Scott Stern, Kellogg School of Management, Northwestern University "This clear and succinct volume convincingly overturns the conventional wisdom about university-industry relations in science and technology. The authors muster extensive historical and contemporary empirical evidence to build a robust and nuanced conception of the transfer of knowledge between the two sectors. This work warrants close attention from academic administrators, research managers, and public policy-makers in the U.S. and abroad."—David M. Hart, Kennedy School of Government, Harvard University "This splendid volume offers a nuanced and sophisticated assessment of the growing ties between universities and industry, arguing that public policy was a facilitator but not a catalyst and that university R&D faces threats from its growing proprietary emphasis. No student or analyst of the R&D process, or university administrator, should ignore the message of this book that the preeminence of U.S. universities rests upon a commitment to open science, and that it is precisely that openness that enhances industrial innovation."—Walter W. Powell, Stanford University, School of Education "A welcome and thoughtful study that sheds light on an important contemporary policy area and reveals the facts behind some of the myths about successful technology transfer from university to industry in the United States. This book, written by some of the foremost experts in this area, should be required reading for all economists and policy makers concerned with innovation strategies."—Bronwyn Hall, Department of Economics, University of California, Berkeley "Ivory Tower and Industrial Innovation is an enormously important book for the simple reason that it provides extensive credible empirical data that have been hitherto missing in debates on the effects of Bayh-Dole."—Administrative Science Quarterly "Critics of university patenting would be wise to read this nuanced analysis, and supporters would be equally advised to ponder the authors' misgivings."—The Review of Higher Education