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Technology Market Transactions

Author

Listed:
  • Frank Tietze

Abstract

Frank Tietze delivers an in-depth discussion of the impact of empirical results upon transaction cost theory, and in so doing, provides the means for better understanding technology transaction processes in general, and auctions in particular. Substantiating transaction cost theory with empirical auction data, the author goes on to explore how governance structures need to be designed for effective distributed innovation processes. He concludes that the auction mechanism is a viable transaction model, and illustrates that the auction design, as currently operated by market intermediaries, requires thorough adjustments. Various options for possible improvements are subsequently prescribed.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Frank Tietze, 2012. "Technology Market Transactions," Books, Edward Elgar Publishing, number 14717.
    • Handle: RePEc:elg:eebook:14717
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    File URL: https://www.elgaronline.com/view/9781781000090.xml
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    Citations

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    Cited by:

    1. Brishti Guha, 2018. "Malice in auctions and commitments to cancel," Economics Bulletin, AccessEcon, vol. 38(3), pages 1623-1631.
    2. Li, Xin & Zhou, Xiaoxue & Yan, Ke, 2022. "Technological progress for sustainable development: An empirical analysis from China," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 146-155.
    3. Caviggioli, Federico & Ughetto, Elisa, 2016. "Buyers in the patent auction market: Opening the black box of patent acquisitions by non-practicing entities," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 122-132.
    4. Tietze, Frank & Pieper, Thorsten & Herstatt, Cornelius, 2013. "To own or not to own: How ownership affects user innovation - An empirical study in the German rowing community," Working Papers 73, Hamburg University of Technology (TUHH), Institute for Technology and Innovation Management.
    5. Fischer, Timo & Leidinger, Jan, 2014. "Testing patent value indicators on directly observed patent value—An empirical analysis of Ocean Tomo patent auctions," Research Policy, Elsevier, vol. 43(3), pages 519-529.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance; Innovations and Technology;

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business

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