Not invented here: Technology licensing, knowledge transfer and innovation based on public research
AbstractUsing a new dataset encompassing more than 2,200 inventions made by Max Planck Society researchers from 1980 to 2004, we explore how licensee and technology characteristics affect the licensing and commercialization of technologies from public research. We find no evidence that spin-offs and external licensees systematically differ in their likelihood of successful commercialization. Technologies licensed to foreign firms are less often commercialized, which may reflect selection effects. Patented technologies and inventions by senior scientists are more likely to be licensed, but patent protection is related to lower commercialization odds and lower royalty payments.
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Bibliographic InfoPaper provided by Max Planck Institute of Economics, Evolutionary Economics Group in its series Papers on Economics and Evolution with number 2009-20.
Date of creation: Dec 2009
Date of revision:
Other versions of this item:
- Guido Buenstorf & Matthias Geissler, 2012. "Not invented here: technology licensing, knowledge transfer and innovation based on public research," Journal of Evolutionary Economics, Springer, vol. 22(3), pages 481-511, July.
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property Rights
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-01-30 (All new papers)
- NEP-ENT-2010-01-30 (Entrepreneurship)
- NEP-INO-2010-01-30 (Innovation)
- NEP-IPR-2010-01-30 (Intellectual Property Rights)
- NEP-KNM-2010-01-30 (Knowledge Management & Knowledge Economy)
- NEP-TID-2010-01-30 (Technology & Industrial Dynamics)
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