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Not invented here: Technology licensing, knowledge transfer and innovation based on public research

  • Guido Buenstorf

    ()

  • Matthias Geissler

    ()

Using 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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File URL: ftp://137.248.191.199/RePEc/esi/discussionpapers/2009-20.pdf
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Paper provided by Philipps University Marburg, Department of Geography in its series Papers on Economics and Evolution with number 2009-20.

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Date of creation: Dec 2009
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Handle: RePEc:esi:evopap:2009-20
Contact details of provider: Postal: Deutschhausstrasse 10, 35032 Marburg
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