The counterfactual situation described in this chapter relates to the licensing, patenting,Licensing, patenting publishingPublishing, and commercializationCommercialization activity of funded firms had they not received a Phase II award. The importance of understanding unanticipated policy consequences is given an historical context. Graphical and numerical probabilities of alternative scenarios are presented along with a discussion of the policy implications of the findings.

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Counterfactual Considerations

  • Albert N. Link,
  • Alan C. O’Connor

摘要

The counterfactual situation described in this chapter relates to the licensing, patenting,Licensing, patenting publishingPublishing, and commercializationCommercialization activity of funded firms had they not received a Phase II award. The importance of understanding unanticipated policy consequences is given an historical context. Graphical and numerical probabilities of alternative scenarios are presented along with a discussion of the policy implications of the findings.