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Synergies or Trade‐Offs in University Life Sciences Research
Author(s) -
Foltz Jeremy D.,
Barham Bradford L.,
Kim Kwansoo
Publication year - 2007
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.1111/j.1467-8276.2007.01014.x
Subject(s) - scope (computer science) , legislature , economies of scale , scale (ratio) , economics , production (economics) , economies of scope , political science , macroeconomics , geography , programming language , cartography , computer science , law , microeconomics
Major legislative, legal, and technological changes paved the way for a period of remarkable growth in the patenting of life science research by U.S. universities in the 1980s and 1990s. Using a multiple‐output cost framework and two decades of panel data on ninety‐six universities, this article examines whether economies of scope and/or scale are present in university production of three major life science research outputs: journal articles, patents, and doctorates. The results show strong evidence of economies of scale in life science research production with mixed evidence of economies of scope between articles and patents.