Open Science and Open Innovation
The Papers.SSRN website posted a study by Markus Perkmann and Joel West which investigated how firms work with universities in the course of their innovation activities. The study gave an overview of three main modes of direct interaction between firms and universities: IP licensing, research services and research partnerships. It highlighted the significant role of relationship-based modes of interaction which include research services and research partnerships between firms and universities. While some of these relationship-based interactions enable appropriation via intellectual property rights, others are more aligned with the norms of open science and create benefits for firms by generating basic knowledge, creating skills and enabling follow-on innovation.
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