To use or to sell technological knowledge

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To use or to sell technological knowledge

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Antonelli Cristiano () (University of Turin)

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Cristiano Antonelli

Abstract

The analysis of the trade-off between to make and to buy is an essential tool of the theory of the firm. Much less attention has been paid to the analysis of the effects and determinants of the trade--off between to sell and to make. Transaction costs matter both on the demand and the supply side. Knowledge transaction costs on the supply side play a major role to make operational the notion of imperfect approprability. This approach applies to the economics of knowledge. Technological knowledge, in fact, can be conceived as an intermediary product which can be either sold in the markets for disembodied knowledge or used as an internal input for other products.

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Paper provided by University of Turin in its series Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series with number 200405.

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Length: 26 pages
Date of creation: May 2004
Date of revision:
Handle: RePEc:uto:labeco:200405

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Antonelli Cristiano, 2003. "Localized technological change," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200305, University of Turin. [Downloadable!]
Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, vol. 62(5), pages 777-95, December. [Downloadable!] (restricted)
Other versions:
- Armen A. Alchian & Harold Demsetz, 1971. "Production, Information Costs and Economic Organizations," UCLA Economics Working Papers 10A, UCLA Department of Economics. [Downloadable!]
Cowan, Robin & Foray, Dominique, 1997. "The Economics of Codification and the Diffusion of Knowledge," Industrial and Corporate Change, Oxford University Press, vol. 6(3), pages 595-622, September.
Aghion, Philippe & Tirole, Jean, 1994. "The Management of Innovation," The Quarterly Journal of Economics, MIT Press, vol. 109(4), pages 1185-1209, November. [Downloadable!] (restricted)
Martin Fransman & Jackie Krafft, 2002. "Telecommunications," Post-Print hal-00212269_v1, HAL. [Downloadable!]
Antonelli Cristiano, 2003. "The governance of localized technological knowledge and the evolution of intellectual property rights," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200301, University of Turin. [Downloadable!]
Aghion, Philippe & Tirole, Jean, 1994. "On the Management of Innovation," IDEI Working Papers 36, Institut d'Économie Industrielle (IDEI), Toulouse.
Other versions:
- Aghion, P. & Tirole, J., 1993. "On the Management of Innovation," Working papers 93-12, Massachusetts Institute of Technology (MIT), Department of Economics.
Teubal, Morris & Yinnon, Tamar & Zuscovitch, Ehud, 1991. "Networks and market creation," Research Policy, Elsevier, vol. 20(5), pages 381-392, October. [Downloadable!] (restricted)
Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc. [Downloadable!]
Teece, David J., 1986. "Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy," Research Policy, Elsevier, vol. 15(6), pages 285-305, December. [Downloadable!] (restricted)
Cowan, Robin & David, Paul A & Foray, Dominique, 2000. "The Explicit Economics of Knowledge Codification and Tacitness," Industrial and Corporate Change, Oxford University Press, vol. 9(2), pages 211-53, June.
Other versions:
- Robin Cowan & Paul A. David & Dominique Foray, 1999. "The Explicit Economics of Knowledge Codification and Tacitness," Working Papers 99027, Stanford University, Department of Economics. [Downloadable!]
- Cowan,Robin & David,Paul & Foray,Dominique, 1999. "The Explicit Economics of Knowledge Codification and Tacitness," Research Memoranda 025, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
Langlois, Richard N & Foss, Nicolai J, 1999. "Capabilities and Governance: The Rebirth of Production in the Theory of Economic Organization," Kyklos, Blackwell Publishing, vol. 52(2), pages 201-18.
Other versions:
- Richard N. Langlois & Nicolai J. Foss, 1997. "Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization," DRUID Working Papers 97-2, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies. [Downloadable!]
- Richard N. Langlois & Nicolai J. Foss, 1996. "Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization," Working papers 1996-02, University of Connecticut, Department of Economics. [Downloadable!]
Oxley, Joanne E., 1999. "Institutional environment and the mechanisms of governance: the impact of intellectual property protection on the structure of inter-firm alliances," Journal of Economic Behavior & Organization, Elsevier, vol. 38(3), pages 283-309, March. [Downloadable!] (restricted)
Dasgupta, Partha & David, Paul, 1985. "Information Disclosure and the Economics of Science and Technology," CEPR Discussion Papers 73, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
Cristiano Antonelli, 2003. "Knowledge Complementarity and Fungeability: Implications for Regional Strategy," Regional Studies, Taylor and Francis Journals, vol. 37(6-7), pages 595-606, August. [Downloadable!] (restricted)
Other versions:
- Antonelli Cristiano, 2003. "Knowledge complementary and fungeability: implications for regional strategy," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200302, University of Turin. [Downloadable!]

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