Fuel on the Invention Funnel: Technology Licensing-in, Antecedents and Invention
AbstractIn this paper, we examine the impact of technology licensing-in on firm invention performance. Studying a sample of 266 licensees and matched non-licensees using a two-part model specification, we find that licensees are more likely to introduce inventions than their non-licensee counterparts. This holds both if we consider invention in general, and invention in the licensed technological class only. We also show that familiarity with the licensed technology and technological specialization drives licensees to pursue a narrow invention strategy primarily focusing on the technological class specified in the license agreement.
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Bibliographic InfoPaper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number 10-13.
Date of creation: 2010
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Web page: http://www.druid.dk/
Licensing-in; Invention; Dynamic Capabilities; Learning Opportunities; Technological familiarity; Technological specialization;
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