Intellectual Property for Economic Development

Intellectual Property for Economic Development

KDI series in Economic Policy and Development

Edited by Sanghoon Ahn, Bronwyn H. Hall and Keun Lee

Protection of intellectual property rights (IPRs) serves a dual role in economic development. While it promotes innovation by providing legal protection of inventions, it may retard catch-up and learning by restricting the diffusion of innovations. Does stronger IPR protection in a developing country encourage technology development in or technology transfer to that country? This book aims to address the issue, covering diverse forms of IPRs, diverse actors in innovation, and diverse cases from Asia and Latin America.

Chapter 6: Impact of university scientists on innovations in nanotechnology

Jinyoung Kim, Sangjoon Lee and Gerald Marschke

Subjects: economics and finance, development economics, intellectual property, law and economics, innovation and technology, intellectual property


Nanotechnology is one of the fastest-advancing fields in science and technology and is anticipated to make great contributions in many large and economically important industries such as information technology and medicine, and consequently, in technological progress and economic growth. For this reason, many studies in economics have been recently initiated to understand how nanotechnology is diffused and transmitted through the economy. In this chapter we study one particular channel through which nanotechnology is transmitted: from university to industry. The outcomes of university research disseminate along a number of pathways: through scholarly publications and the material published in universities’ patent applications, at conferences where scholarly work is presented and where industry and academic research personnel mingle, and via informal social networks. Firms also learn about university research after employing or collaborating with researchers who work or have worked in university laboratories. In fact, social scientists who study innovation suspect that certain kinds of important knowledge become available to a firm only with sustained, close interaction with researchers who possess this knowledge through an employment or collaborative research arrangement. We propose to examine the role of research personnel as a pathway for the diffusion of ideas from university to industry, especially nanotechnology industry, utilizing information contained in patent records.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information