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Essays on Corporate Science and Firms' Interactions With Academia.
Essays on Corporate Science and Firms' Interactions With Academia.

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자료유형  
 학위논문
Control Number  
0017162015
International Standard Book Number  
9798384096863
Dewey Decimal Classification Number  
658
Main Entry-Personal Name  
Shvadron, Dror.
Publication, Distribution, etc. (Imprint  
[S.l.] : Duke University., 2024
Publication, Distribution, etc. (Imprint  
Ann Arbor : ProQuest Dissertations & Theses, 2024
Physical Description  
298 p.
General Note  
Source: Dissertations Abstracts International, Volume: 86-03, Section: A.
General Note  
Advisor: Arora, Ashish;Cohen, Wesley M.;Belenzon, Sharon.
Dissertation Note  
Thesis (Ph.D.)--Duke University, 2024.
Summary, Etc.  
요약Corporate science plays a critical role in the modern research landscape, with firms making substantial investments in internal research and development and engaging extensively with academic institutions. Understanding the dynamics that drive corporate participation in scientific research is crucial for fostering innovation and technological progress. This dissertation explores the complex factors that shape firms' incentives to invest in science and the outcomes resulting from their engagement with the broader academic community.The first study examines how firms' ability to capture value from their scientific investments influences their incentives to conduct additional research. By exploiting an exogenous reduction in patent protection, I find that firms respond to weaker intellectual property rights by reducing subsequent research in affected areas, particularly in areas with thinner markets for technology. This suggests that patents and commercialization capabilities act as strategic substitutes. The results imply that stronger patents encourage corporate research but also shift the locus of research from larger to smaller firms and startups.Shifting the focus outside the firm, the second study investigates why firms produce scientific research and share it publicly. Using data on corporate publications between 1990 and 2012, I show that external scientists build upon firms' research, producing findings that firms subsequently incorporate into their own innovations. To account for potential bias arising from the unobserved quality of the underlying science, I develop an instrumental variable based on the quasi-random assignment of manuscripts to journal issues. The results reveal that follow-on research by external scientists drives firms' subsequent scientific investments and patenting outcomes, with benefits being more pronounced for technological leaders, firms with complementary assets, and those in emerging fields. Moreover, follow-on research serves to validate the quality of firms' science, which is particularly valuable when there is greater uncertainty surrounding the research.The third study introduces DISCERN 2.0, a major update and extension of the DISCERN dataset, which tracks the innovative output of U.S. public firms over the past four decades. The new version incorporates several key improvements, including extended coverage to 2021, the adoption of PatentsView and OpenAlex as primary data sources, and the inclusion of pre-grant patent applications and patent reassignment information. These enhancements enable researchers to investigate emerging trends and dynamic effects in corporate research and invention. An analysis of trends using DISCERN 2.0 reveals significant increases in corporate scientific publications related to quantum computing, AI, and robotics, highlighting the growing investments and prominent role of large firms in advancing these science-based technologies.The final chapter focuses on the funding of scientific training in the United States. Using a comprehensive dataset spanning 75 years of doctoral dissertations, I examine the sources of financial support for PhD students, the fields they pursue, and how funding patterns have evolved over time. The analysis reveals significant shifts in funding sources, particularly within the government and private sectors, and highlights the substantial impact of different funding organizations' scale and subject matter priorities on the share of U.S. PhD graduates in specific fields. Notably, government funding plays a crucial role in determining the annual number of scientists produced by the U.S. higher education system, with an average of 80 additional domestic PhD graduates for every 100 dissertations funded.Collectively, these studies contribute to our understanding of the key drivers of corporate scientific research and innovation. They underscore the importance of intellectual property protection, engagement with the broader scientific community, and the role of funding in shaping the scientific workforce. By providing new insights and valuable data resources, this dissertation lays the groundwork for further research on the dynamics of corporate science and its impact on technological progress. Ultimately, the findings presented here have important implications for firms seeking to optimize their R&D strategies and for policymakers aiming to foster an environment conducive to scientific advancement and economic growth.
Subject Added Entry-Topical Term  
Finance.
Index Term-Uncontrolled  
Corporate science
Index Term-Uncontrolled  
Innovation
Index Term-Uncontrolled  
Intellectual property
Index Term-Uncontrolled  
Science funding
Index Term-Uncontrolled  
University-industry interactions
Added Entry-Corporate Name  
Duke University Business Administration
Host Item Entry  
Dissertations Abstracts International. 86-03A.
Electronic Location and Access  
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Control Number  
joongbu:657011

MARC

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■1001  ▼aShvadron,  Dror.
■24510▼aEssays  on  Corporate  Science  and  Firms'  Interactions  With  Academia.
■260    ▼a[S.l.]▼bDuke  University.  ▼c2024
■260  1▼aAnn  Arbor▼bProQuest  Dissertations  &  Theses▼c2024
■300    ▼a298  p.
■500    ▼aSource:  Dissertations  Abstracts  International,  Volume:  86-03,  Section:  A.
■500    ▼aAdvisor:  Arora,  Ashish;Cohen,  Wesley  M.;Belenzon,  Sharon.
■5021  ▼aThesis  (Ph.D.)--Duke  University,  2024.
■520    ▼aCorporate  science  plays  a  critical  role  in  the  modern  research  landscape,  with  firms  making  substantial  investments  in  internal  research  and  development  and  engaging  extensively  with  academic  institutions.  Understanding  the  dynamics  that  drive  corporate  participation  in  scientific  research  is  crucial  for  fostering  innovation  and  technological  progress.  This  dissertation  explores  the  complex  factors  that  shape  firms'  incentives  to  invest  in  science  and  the  outcomes  resulting  from  their  engagement  with  the  broader  academic  community.The  first  study  examines  how  firms'  ability  to  capture  value  from  their  scientific  investments  influences  their  incentives  to  conduct  additional  research.  By  exploiting  an  exogenous  reduction  in  patent  protection,  I  find  that  firms  respond  to  weaker  intellectual  property  rights  by  reducing  subsequent  research  in  affected  areas,  particularly  in  areas  with  thinner  markets  for  technology.  This  suggests  that  patents  and  commercialization  capabilities  act  as  strategic  substitutes.  The  results  imply  that  stronger  patents  encourage  corporate  research  but  also  shift  the  locus  of  research  from  larger  to  smaller  firms  and  startups.Shifting  the  focus  outside  the  firm,  the  second  study  investigates  why  firms  produce  scientific  research  and  share  it  publicly.  Using  data  on  corporate  publications  between  1990  and  2012,  I  show  that  external  scientists  build  upon  firms'  research,  producing  findings  that  firms  subsequently  incorporate  into  their  own  innovations.  To  account  for  potential  bias  arising  from  the  unobserved  quality  of  the  underlying  science,  I  develop  an  instrumental  variable  based  on  the  quasi-random  assignment  of  manuscripts  to  journal  issues.  The  results  reveal  that  follow-on  research  by  external  scientists  drives  firms'  subsequent  scientific  investments  and  patenting  outcomes,  with  benefits  being  more  pronounced  for  technological  leaders,  firms  with  complementary  assets,  and  those  in  emerging  fields.  Moreover,  follow-on  research  serves  to  validate  the  quality  of  firms'  science,  which  is  particularly  valuable  when  there  is  greater  uncertainty  surrounding  the  research.The  third  study  introduces  DISCERN  2.0,  a  major  update  and  extension  of  the  DISCERN  dataset,  which  tracks  the  innovative  output  of  U.S.  public  firms  over  the  past  four  decades.  The  new  version  incorporates  several  key  improvements,  including  extended  coverage  to  2021,  the  adoption  of  PatentsView  and  OpenAlex  as  primary  data  sources,  and  the  inclusion  of  pre-grant  patent  applications  and  patent  reassignment  information.  These  enhancements  enable  researchers  to  investigate  emerging  trends  and  dynamic  effects  in  corporate  research  and  invention.  An  analysis  of  trends  using  DISCERN  2.0  reveals  significant  increases  in  corporate  scientific  publications  related  to  quantum  computing,  AI,  and  robotics,  highlighting  the  growing  investments  and  prominent  role  of  large  firms  in  advancing  these  science-based  technologies.The  final  chapter  focuses  on  the  funding  of  scientific  training  in  the  United  States.  Using  a  comprehensive  dataset  spanning  75  years  of  doctoral  dissertations,  I  examine  the  sources  of  financial  support  for  PhD  students,  the  fields  they  pursue,  and  how  funding  patterns  have  evolved  over  time.  The  analysis  reveals  significant  shifts  in  funding  sources,  particularly  within  the  government  and  private  sectors,  and  highlights  the  substantial  impact  of  different  funding  organizations'  scale  and  subject  matter  priorities  on  the  share  of  U.S.  PhD  graduates  in  specific  fields.  Notably,  government  funding  plays  a  crucial  role  in  determining  the  annual  number  of  scientists  produced  by  the  U.S.  higher  education  system,  with  an  average  of  80  additional  domestic  PhD  graduates  for  every  100  dissertations  funded.Collectively,  these  studies  contribute  to  our  understanding  of  the  key  drivers  of  corporate  scientific  research  and  innovation.  They  underscore  the  importance  of  intellectual  property  protection,  engagement  with  the  broader  scientific  community,  and  the  role  of  funding  in  shaping  the  scientific  workforce.  By  providing  new  insights  and  valuable  data  resources,  this  dissertation  lays  the  groundwork  for  further  research  on  the  dynamics  of  corporate  science  and  its  impact  on  technological  progress.  Ultimately,  the  findings  presented  here  have  important  implications  for  firms  seeking  to  optimize  their  R&D  strategies  and  for  policymakers  aiming  to  foster  an  environment  conducive  to  scientific  advancement  and  economic  growth.
■590    ▼aSchool  code:  0066.
■650  4▼aFinance.
■653    ▼aCorporate  science
■653    ▼aInnovation
■653    ▼aIntellectual  property
■653    ▼aScience  funding
■653    ▼aUniversity-industry  interactions
■690    ▼a0310
■690    ▼a0501
■690    ▼a0508
■71020▼aDuke  University▼bBusiness  Administration.
■7730  ▼tDissertations  Abstracts  International▼g86-03A.
■790    ▼a0066
■791    ▼aPh.D.
■792    ▼a2024
■793    ▼aEnglish
■85640▼uhttp://www.riss.kr/pdu/ddodLink.do?id=T17162015▼nKERIS▼z이  자료의  원문은  한국교육학술정보원에서  제공합니다.

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