search query: @author Zucker, L.G. / total: 1
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| Author: | Zucker, L.G. Darby, M.R. Armstrong, J.S. |
| Title: | Commercializing knowledge: University science, knowledge capture, and firm performance in biotechnology |
| Journal: | Management Science
2002 : JAN, VOL. 48:1, p. 138-153 |
| Index terms: | Bio-technology Venture capital Universities Commercialization Companies Literature USA |
| Language: | eng |
| Abstract: | Commercializing knowledge involves transfer from scientists to those willing to develop it commercially. A robust indicator of a firm's tacit knowledge capture (and strong predictor of its success) is the number of research articles written jointly by firm scientists and discovering star scientists. An operationally attractive generalization of the star measure, collaborative research articles between firm scientists and top research university scientists, replicates the impact on firm success. In panel analyzes, publications by firm scientists with stars and/or top 112 university scientists increase the number and citation rate for firm patents. Further, star articles increase these rates significantly more than other top 112 university scientists' articles. Cross-sectional analyses of products and employment show similar pattern of positive effects on firms' success of collaborations with stars or top university scientists, but estimates of differential effects are nonrobust due to multicollinearity. Venture capital funding has significant, usually positive effects on firm success. |
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