Inter-firm technology transfer: Partnership-embedded licensing or standard licensing agreements?
AbstractWhen companies decide to engage in technology transfer through licensing to other firms, they have two basic options: to use standard licensing contracts or to set-up more elaborate partnership-embedded licensing agreements. We find that broader partnership-embedded licensing agreements are preferred with higher levels of technological sophistication of industries, with greater perceived effectiveness of secrecy as a means of appropriability, and when licensors are smaller than their licensees. Innovative differentials between companies, innovative supremacy of the licensor, and market and technological overlap between partners appear to have no effect on the preference for a particular form of licensing.
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Bibliographic InfoPaper provided by United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology in its series UNU-MERIT Working Paper Series with number 006.
Date of creation: 2007
Date of revision:
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technology transfer; licensing; inter-firm partnership; innovation;
Other versions of this item:
- John Hagedoorn & Stefanie Lorenz-Orlean & Hans van Kranenburg, 2009. "Inter-firm technology transfer: partnership-embedded licensing or standard licensing agreements?," Industrial and Corporate Change, Oxford University Press, vol. 18(3), pages 529-550, June.
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-03-17 (All new papers)
- NEP-CSE-2007-03-17 (Economics of Strategic Management)
- NEP-INO-2007-03-17 (Innovation)
- NEP-IPR-2007-03-17 (Intellectual Property Rights)
- NEP-NET-2007-03-17 (Network Economics)
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