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Determinants of inter-firm technology licensing in the EU

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  • Young Jun Kim
  • George Clarke

Abstract

This article investigates the determinants of technology licensing, focusing on how country-specific characteristics affect technology holders’ incentives to sell their proprietary technologies through licensing alliances. An empirical examination of licensing is done using a unique panel data set of licensing transactions involving companies in the EU. The strength of Intellectual Property Rights (IPR) protection, the degree of economic freedom, the level of country risk, and the number of patent granted in the country are found to be important determinants of inter-firm technology licensing. In addition, firms with prior independent experience as a licensor and public companies tend to license technology more.

Suggested Citation

  • Young Jun Kim & George Clarke, 2013. "Determinants of inter-firm technology licensing in the EU," Applied Economics, Taylor & Francis Journals, vol. 45(5), pages 651-661, February.
  • Handle: RePEc:taf:applec:45:y:2013:i:5:p:651-661
    DOI: 10.1080/00036846.2011.610746
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    References listed on IDEAS

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    1. Hoekman, Bernard M. & Maskus, Keith E. & Saggi, Kamal, 2005. "Transfer of technology to developing countries: Unilateral and multilateral policy options," World Development, Elsevier, vol. 33(10), pages 1587-1602, October.
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