This paper assesses the validity and accuracy of firms' backward patent citations as a measure of knowledge flows from public research by employing a newly constructed dataset that matches patents to survey data at the level of the R&D lab. Using survey-based measures of the dimensions of...

This paper assesses the validity and accuracy of firms' backward patent citations as a measure of knowledge flows from public research by employing a newly constructed dataset that matches patents to survey data at the level of the R&D lab. Using survey-based measures of the dimensions of...

Some scholars view academic and industrial science as qualitatively different knowledge production regimes. Others claim that the two sectors are increasingly similar. Large-scale empirical evidence regarding similarities and differences, however, has been missing. Drawing on prior work on the...

Our results paint a complex picture of academic and industrial science. While we find significant industry-academia differences with respect to all four dimensions, we also observe remarkable similarities. For example, both academic institutions and private firms appear to allow their scientists...

Scholarly work seeking to understand academics' commercial activities often draws on abstract notions of the institution of science and of the representative scientist. Few scholars have examined whether and how scientists' motives to engage in commercial activities differ across fields....