“To Own, or not to Own?” A multilevel analysis of intellectual property right policies' on academic entrepreneurship

The political environment around universities has led them to create an infrastructure to manage academic inventions. While some consider that the advantages of a university entrepreneurial structure outweigh any potential negative effects, others question their detrimental effect on academic scientists’ entrepreneurial behavior. However, this debate remains unresolved as none of these two views have been fully empirically supported. Using multilevel models for a population of 2230 professors in 27 universities in Canada (82 individuals per unit on average), we test the effect of three features of institutional intellectual property right policy characteristics, namely, property rights (own…