Abstract
The issue of university‐industry relations in the field of biotechnology illustrates the changing context of academic science. Research has become an organizational enterprise and no longer can be seen as simply the accumulation of individual efforts. This development complicates the normative context of academic science and in so doing introduces important policy questions, especially regarding interaction between industry and universities. Funding, faculty conflict of Interest, and the ownership of intellectual property resulting from research are policy issues which are analyzed in the context of some of the recent organizational changes in the performance of academic research.
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