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Influences of Public Research on Industrial R&D: Survey Insights

This study presents the survey results on the impact of public research on industrial R&D, focusing on the drug industry. The findings highlight the importance of publications, informal information exchange, public meetings, consulting, contract research, hiring recent graduates, joint ventures, patents, licenses, and personnel exchange as influential channels in the field. The study also reveals the unique characteristics of the drug industry regarding the influence of buyers and manufacturing operations on project development and completion.

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Influences of Public Research on Industrial R&D: Survey Insights

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  1. Links and Impacts:Survey Results on the Influence of Public Research on Industrial R&D Wesley M. Cohen Carnegie Mellon University Richard R. Nelson Columbia University John P. Walsh Univ. of Illinois at Chicago

  2. Method and Data • Administered the “Carnegie Mellon” survey in 1994 to the managers of R&D labs in the U.S. manufacturing sector • Asked to answer questions with reference to “focus industry” of their lab • Responses received from 1478 labs, yielding response rate of 54%

  3. Overall importance of channels(% resps. scoring moderately important or higher) • Publications 41% • Informal information exchange 35 • Public meetings or conferences 34 • Consulting32 • Contract research 21 • Hiring of recent graduates 20 • Joint or cooperative ventures 18 • Patents 18 • Licenses 10 • Personnel exchange 6

  4. Drugs: Different from the rest • Public research, especially in basic science, has greatest influence overall on drug industry • Buyers play subordinate role as source of new projects (27% of drug resps. rate buyers “most important” vs. 66% overall; lowest) • Mfg. operations play subordinate role as info. source for project completion (23% of drug resps. rate mfg. ops. most important vs. 33% overall; in lowest quartile) • Patents and Licenses are a key information channel in drugs--because it is the industry where patents are most effective by far.

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