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Make-or-Buy Decisions in Patent Related Services

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  • Wagner, Stefan

Abstract

Among the most prominent theoretical frameworks dealing with the economic underlyings of firms’ make-or-buy decisions are Transaction Cost Economics (TCE) and the Resourced Based View (RBV). Relying on panel data covering 107 European firms over eight years I test predictions from both TCE and RBV with regard to the outsourcing of patent related services simultaneously. Modelling the share of outsourced patent applications in a Negative Binomial Panel Regression Model I find joint explanatory power of both approaches. My findings support previous literature arguing for an integration of TCE and RBV to a comprehensive theoretical framework of firms make-or-buy decisions.

Suggested Citation

  • Wagner, Stefan, 2006. "Make-or-Buy Decisions in Patent Related Services," Discussion Papers in Business Administration 1264, University of Munich, Munich School of Management.
    • Handle: RePEc:lmu:msmdpa:1264
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    File URL: https://epub.ub.uni-muenchen.de/1264/1/Wagner_mob.pdf
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    Cited by:

    1. Krzysztof Klincewicz & Szymon Szumiał, 2022. "Successful patenting—not only how, but with whom: the importance of patent attorneys," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(9), pages 5111-5137, September.
    2. Heikkilä, Jussi T.S. & Peltoniemi, Mirva, 2023. "The changing work of IPR attorneys: 30 years of institutional transitions," Technological Forecasting and Social Change, Elsevier, vol. 197(C).

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    More about this item

    Keywords

    outsourcing; patent attorney; make-or-buy; negative binomial panel regression;
    All these keywords.

    JEL classification:

    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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