Iain Cockburn

Richard C. Shipley Professor in Management Professor, Strategy and Innovation Department Chair, Strategy and Innovation
    Education
  • PhD, Harvard University, 1990
  • MA, Harvard University, 1987
  • BS, Queen Mary College University of London, 1984
    Publications
  • Müller, E., Cockburn, I., MacGarvie, M. (In Press). "Access to Intellectual Property for Innovation: Evidence on Problems and Coping Strategies from German Firms", SSRN Electronic Journal
  • Cockburn, I., Henderson, R., Stern, S. (2019). The Impact of Artificial Intelligence on Innovation: An Exploratory Analysis. In Ajay, Agrawal., Joshua, Gans., Avi, Goldfarb. (Eds.), "The Economics of Artificial Intelligence: An Agenda", University of Chicago Press
  • Cockburn, I., Lanjouw, J., Schankerman, M. (2016). "Patents and the Global Diffusion of New Drugs.", Am Econ Rev, 106 (1), 136-164
  • Agrawal, A., Cockburn, I., Zhang, L. (2015). "Deals not done: Sources of failure in the market for ideas", Strategic Management Journal, 36 (7), 976-986
  • Freedman, L., Cockburn, I., Simcoe, T. (2015). "The Economics of Reproducibility in Preclinical Research", PLoS Biology, 13 (6)
  • Berndt, E., Cockburn, I. (2014). "Price Indexes for Clinical Trial Research: A Feasibility Study", Monthly Labor Review
  • Agrawal, A., Cockburn, I., Galasso, A., Oettl, A. (2014). "Why are some regions more innovative than others? The role of small firms in the presence of large labs", Journal of Urban Economics, 81 149-165
  • Mueller, E., Cockburn, I., MacGarvie, M. (2013). "Access to intellectual property for innovation: Evidence on problems and coping strategies from German firms", Research Policy, 42 (2), 529-541
  • Kleis, L., Chwelos, P., Ramirez, R., Cockburn, I. (2012). "Information Technology and Intangible Output: The Impact of IT Investment on Innovation Productivity", Information Systems Research, 23 (1), 42-59
  • Berndt, E., Blalock, N., Cockburn, I. (2011). "Diffusion of New Drugs in the Post-TRIPS Era", International Journal of the Economics of Business, 18 (2), 203-224
  • Cockburn, I., MacGarvie, M. (2011). "Entry and Patenting in the Software Industry", Management Science, 57 (5), 915-933
  • Bollyky, T., Cockburn, I., Berndt, E. (2010). "Bridging the gap: improving clinical development and the regulatory pathways for health products for neglected diseases", Clinical Trials, 7 (6), 719-734
  • Cockburn, I., MacGarvie, M., Mueller, E. (2010). "Patent thickets, licensing and innovative performance", Industrial and Corporate Change, 19 (3), 899-925
  • Wagner, S., Cockburn, I. (2010). "Patents and the survival of Internet-related IPOs", Research Policy, 39 (2), 214-228
  • Cockburn, I., Stern, S. (2010). "Finding the Endless Frontier: Lessons from the Life Sciences Innovation System for Technology Policy", Capitalism and Society, 5 (1)
  • Agrawal, A., Cockburn, I., Rosell, C. (2010). "Not Invented Here? Innovation in company towns", Journal of Urban Economics, 67 (1), 78-89
  • Cockburn, I., Slaughter, M. (2010). "The Global Location of Biopharmaceutical Knowledge Activity: New Findings, New Questions", Innovation Policy and the Economy, 10 129-157
  • Cockburn, I., MacGarvie, M. (2009). "Patents, Thickets and the Financing of Early-Stage Firms: Evidence from the Software Industry", Journal of Economics and Management Strategy, 18 (3), 729-773
  • Cockburn, I. (2009). "US/Canadian Licensing in 2007/2008: Survey Results", les Nouvelles: Journal of the Licensing Executives Society, XLIV (1)
  • Chwelos, P., Berndt, E., Cockburn, I. (2008). "Faster, smaller, cheaper: an hedonic price analysis of PDAs", Applied Economics, 40 (22), 2839-2856
  • Grabowski, H., Cockburn, I., Long, G. (2006). "The market for follow-on biologics: How will it evolve?", Health Affairs, 25 (5), 1291-1301
  • Cockburn, I. (2006). "Is the pharmaceutical industry in a productivity crisis?", Innovation Policy and the Economy 7, 7 1-32
  • Cockburn, I., Henderson, R., Stern, S. (2000). "Untangling the origins of competitive advantage", Strategic Management Journal, 21 (10-11), 1123-1145
  • Berndt, E., Cockburn, I., Cocks, D., Epstein, A., Griliches, Z. (1998). "Prescription drug prices for the elderly", Monthly Labor Review, 121 (9), 23-34
  • Henderson, R., Cockburn, I. (1994). "Measuring Competence: Exploring Firm Effects in Pharmaceutical Research", Strategic Management Journal, 15 63-84
  • Griliches, Z., Cockburn, I. (1994). "Generics and New Goods in Pharmaceutical Price Indexes", American Economic Review, 84 (5), 1213-1232
  • Cockburn, I., Griliches, Z. (1988). "Industry Effects and Appropriability Measures in the Stock Market's Valuation of R&D and Patents", American Economic Review, 78 (2), 419-423
    Research Presentations
  • Cockburn, I. AI and Innovation, US Patent Office Conference on Artificial Intelligence and IP Policy, Washington, DC, 2019
  • Cockburn, I. Remarks re: Frielich "The Problem of Fictional Data in Patents", NBER Summer Institute, 2018
  • Cockburn, I. Comments on Krieger, Li, Papanikolaou "Developing New Drugs", NBER Entrepreneurship Working Group Meeting, Cambridge, MA, 2017
  • Cockburn, I. , Henderson, R. , Stern, S. AI and Innovation, Conference on Economics of Artificial Intelligence, NBER, Toronto, 2017
  • Cockburn, I. , Ali, A. Patent Prosecution and the Timing of Licensing, Searle Center/USPTO Conference on Innovation Economics, Searle Center on Law, Regulation and Economic Growth, Northwestern University; USPTO, Chicago, IL, 2017
    Awards and Honors
  • 2019, IDEAS top 4% of economists worldwide
  • 2019, SSRN Top 10% of authors by all-time downloads
  • 2018, John R. Russell Excellence in Teaching Award, BU Executive MBA Program
  • 2016, Molly McCombe and T.J. Callahan Faculty Research Award, Questrom School of Business
  • 2011, Richard C. Shipley Professor of Management
  • 2010, Dan & Mary Lou Schendel Best Paper Prize 2010, Strategic Management Journal