Attaining a productive structure for technology: The Bayh–Dole effect on university–industry–government relations in developing economy

Abstract

This paper attempts to provide a systematic assessment of the ‘Bayh–Dole’ effect on the university–industry–government structures of Malaysia, a developing economy, from a quantitative dimension, in order to provide policy-makers with the central aspects of structural change. This paper takes account of those studies which question the significance of university patenting from the perspective of quality and utility. We observe widespread endogenization of university patenting and co-patenting processes in indigenous technology development cycles after the passage of Bayh–Dole-type legislation. The basic research supports and subsequent provisions of Bayh–Dole-type legislation provide us with the implications of strategic policy in attaining a productive network structure for technological innovations. We consider the importance of Bayh–Dole-type legislation in routinizing university research with regard to potential commercial values or applications. Thus, we break new ground in considering what the passage of such legislation actually achieves in a developing economy.