The Impact of Open Access Mandates on Invention | The Review of Economics and Statistics | MIT Press

DHopf's bookmarks 2022-01-28


Abstract: How do barriers to the diffusion of academic research affect innovation? In 2008, the National Institutes of Health (NIH) mandated free online availability of funded research. This policy caused a 50 percentage point increase in free access to funded articles. We introduce a novel measure, in-text patent citations, to study how this mandate affected industry use of academic science. After 2008, patents cite NIH-funded research 12% to 27% more often. Nonfunded research, funded research in journals unaffected by the mandate, and academic citations see no change. These estimates are consistent with a model of search for useful knowledge. Inefficiency caused by academic publishing may be substantial.



01/28/2022, 04:27

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Open Access Tracking Project (OATP) » peter.suber's bookmarks
Open Access Tracking Project (OATP) » DHopf's bookmarks

Tags: oa.patents oa.benefits oa.journals oa.nih oa.studies oa.empirical oa.policies oa.mandates oa.paywalled oa.citations oa.economic_impact

Date tagged:

01/28/2022, 06:47

Date published:

11/30/2021, 04:27