• Journal of Korea Technology Innovation Society
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• v.11 no.4
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• pp.510-531
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• 2008

The importance of universities' knowledge to industrial innovation have widely pervaded the academia as well as policy communities. During the last three decades, a series of policy measures vitalizing the knowledge-transfer activities of academics have been implemented both in industrialized and industrializing countries. However, The concerns on the industry's influences on the academia have been raised by a group of researchers such as 'Economics of science'. Against this background, this paper addresses the issues related to the relationship between the academic research and knowledge-transfer activities. Particularly, based on the 16 years' panel data of Korean academics' patent and paper outputs, the effect of patenting activities on publishing activities is investigated. Moreover, the specific context of Korean academic system as well as general characteristics of academics are considered in the analysis and discussion. According to the results, not just the publishing and patenting outputs but their productivities have been dramatically increased during the last 16 years. The main finding is that the patenting activities have a consistent positive effect on the publishing activities of the academics in the estimations of panel models. Based on these results and the discussions, some policy recommendations for university-industry collaboration are suggested.