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Licensing or Not Licensing?: Empirical Analysis on Strategic Use of Patent in Japanese Firms

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  • Kazuyuki Motohashi

Abstract

In this paper, IP strategy at firm level is analyzed in a framework of use of patent as a tool for maximizing firm's revenue, based on a dataset from JPO's Survey of Intellectual Property Activities in 2004. Descriptive regressions of IP strategy indicators suggest a non-linear relationship between firm size and licensing propensity. For a small firm with less complementary assets, such as production facility and marketing channels, tends to license more. At the same time, a licensing propensity of large firm is also high due to the effect of cross licensing.

Suggested Citation

  • Kazuyuki Motohashi, 2006. "Licensing or Not Licensing?: Empirical Analysis on Strategic Use of Patent in Japanese Firms," Discussion papers 06021, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:dpaper:06021
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    File URL: https://www.rieti.go.jp/jp/publications/dp/06e021.pdf
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    Cited by:

    1. Giuditta De Prato & Daniel Nepelski & Wojciech Szewczyk & Geomina Turlea, 2011. "Performance of ICT R&D," JRC Research Reports JRC66116, Joint Research Centre.
    2. Sunil Kumar Ambrammal & Ruchi Sharma, 2014. "R&D and patenting by firms in India in high- and medium-high-technology industries," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 12(2), pages 181-207, May.
    3. Desruelle, Paul & Stančík, Juraj, 2014. "Characterizing and comparing the evolution of the major global economies in information and communication technologies," Telecommunications Policy, Elsevier, vol. 38(8), pages 812-826.
    4. Maria Isabella Leone & Keld Laursen, 2011. "Patent Exploitation Strategies and Value Creation," Chapters, in: Federico Munari & Raffaele Oriani (ed.), The Economic Valuation of Patents, chapter 4, Edward Elgar Publishing.

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