To patent or not to patent? A survey of Italian inventors on motivations, incentives, and obstacles to university patenting

Abstract

This paper reports results from a survey of 208 Italian faculty members, inventors of university-owned patents, on their motivation to get involved in university patenting activities, the obstacles that they faced, and their suggestions to foster the commercialization of academic knowledge through patents. Findings show that respondents get involved in patenting activities to enhance their prestige and reputation, and look for new stimuli for their research; personal earnings do not represent a main incentive. University-level patent regulations reduce the obstacles perceived by inventors, as far as they signal universities’ commitment to legitimate patenting activities. Implications for innovation policies are discussed.