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*This page is included under the section [[BPP Field Exam]]
*This page is associated with [[BPP Field Exam Papers]]
 
==Definitions==
**'''Facts or data''' observed in '''reproduceable experiments'''
**'''Theories or relationships between facts''' (usually equations).
 
[[Cohen Levinthal (1990) - Absorptive Capacity |Cohen and Levinthal (1990)]]:
*'''Absorbative capacity''' is defined as the ability to evaluate and utilize outside knowledge This includes recognizing and assimilating new knowledge and applying it to commercial ends.
 
[[Gompers Lerner Sharfstein (2003) - Entrepreneurial Spawning |Gompers, P., J. Lerner, and D. Sharfstein (2003)]]:
*'''Fairchild View''': Employees are trained and conditioned to be entrepreneurs by working in a VC backed firm (exposure to networks etc)
*'''Xerox View''': Large firms are incapable of responding to radical changes that upset their business; thus the invention of a disruptive technology leads the inventor to leave
 
[[Henderson Clark (1990) - Architectural Innovation |Henderson and Clark (1990)]]:
*'''Dominant design''': Technological evolution is characterized by periods of experimentation, followed by the emergence of a dominant design.
*'''Organizational capabilities''' are loosely the skills and problem solving abilities of a firm, including it's communication channels, filters and strategies
 
[[Lamoreaux Sokoloff (2005) - Decline Of The Independent Inventor |Lamoreaux and Sokoloff (2005)]]:
*'''Innovation''' is defined by Schumpeter as distinct from invention - it is "making new combinations". When entrepreneurs innovate, they take a new idea and make it work. Thus innovation is synonomous with commercialization: embody the idea in a productive enterprise and generate profits. Entrepreneurs innovate and then managers run (once profits to the innovation have been dissapated).
*'''Patents''': Are the grants of exclusive property rights to a new technological idea
 
[[Mowery Ziedonis (2001) - How Has The Bayh Dole Act Affected Us University Patenting And Licensing |Mowery and Ziedonis, (2001)]]:
*'''Bayh-Dole''' is the Bayl-Dole act of 1980 (see the paper and also )
*'''TTO''' is a Technology Transfer Office
 
[[Murray Stern (2005) - Do Formal Intellectual Property Rights Hinder The Free Flow Of Scientific Knowledge |Murray and Stern (2005)]]:
*The '''open science institution''' uses rewards for conducting basic research that favor cummulative knowledge production over the long term
*The '''private property regime''' ignores the impact on follow on research, and instead attempts to exclude others in order to appropriate value through commercialization
 
[[Teece (1986) - Profiting From Technological Innovation |Teece (1986)]]:
*'''Complementary Assets''': The successful commericialization of an innovation requires that the know-how be used in conjunction with other assets or capabilities for production and distribution
*'''Cospecialized assets''' need relational specific investments from one or both side
 
[[Thursby Fuller Thursby (2007) - Us Faculty Patenting Inside And Outside The University |Thursby, Fuller and Thursby (2007)]]:
*The '''Professor's privilege''' in Europe allowed faculty ownership of their IP - this is referenced in this paper
 
[[Ziedonis (2004) - Dont Fence Me In |Ziedonis (2004)]]:
*'''Concentrated rights''' are rights held by only one or a small number of holders
*'''Fragmented rights''' are when rights are dispersed
 
[[Mowery (2009) - Plus Ca Change |Mowery (2009)]]:
1834 Legislation PTO required to have trained examiners ([[Lamoreaux Sokoloff (2005) - Decline Of The Independent Inventor |Lamoreaux and Sokoloff (2005)]])
1890's Legislation Revisions to Antitrust law [[Mowery (2009) - Plus Ca Change |Mowery (2009)]]
 
1904 Legislation Supreme Court's Northern Securities limits horizontal mergers [[Mowery (2009) - Plus Ca Change |Mowery (2009)]]
 
1912 Industry Event Research Corporation founded [[Mowery Ziedonis (2001) - How Has The Bayh Dole Act Affected Us University Patenting And Licensing |Mowery and Ziedonis, (2001)]]
1974 Cohen-Boyer DNA splicing patent is disclosed and licensed to UC and Stanford [[Mowery Ziedonis (2001) - How Has The Bayh Dole Act Affected Us University Patenting And Licensing |Mowery and Ziedonis, (2001)]]
1986 Kodak-Polaroid Decision on instant camera patent;
final injunction against Kodak leading to $1B judgment
1986 Legislation Federal Transfer Act - authorized federal labs to conduct commercial research and development agreements (CRADAs) with private firms [[Mowery (2009) - Plus Ca Change |Mowery (2009)]]  and development agreements (CRADAs) with private firms
1994 TRIPS agreement harmonization drive begins
1998 State Street and ATT vs. Excel patentability of business methods
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