It's not always about money—why academic scientists engage in commercial activities
For scientists, engaging in commercial activities such as patenting and starting new ventures can be much more lucrative than relying on pure academic work. However, according to new research by Henry Sauermann of ESMT Berlin and colleagues Wesley M. Cohen (Duke University) and Paula Stephan (Georgia State University), money is not the main reason why scientists choose to work on commercial activities. Other motives such as social impact and intellectual challenge appear to be more important. The study, titled "Not in the job description: The commercial activities of academic scientists and engineers," has been published in Management Science.
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