Fuel on the Invention Funnel: Technology Licensing-in, Antecedents and Invention

Maria Isabella Leone, Toke Reichstein (), Paolo Boccardelli and Mats Magnusson

No 10-13, DRUID Working Papers from DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies

Abstract: In this paper, we examine the impact of technology licensing-in on firm invention performance. Studying a sample of 266 licensees and matched non-licensees using a two-part model specification, we find that licensees are more likely to introduce inventions than their non-licensee counterparts. This holds both if we consider invention in general, and invention in the licensed technological class only. We also show that familiarity with the licensed technology and technological specialization drives licensees to pursue a narrow invention strategy primarily focusing on the technological class specified in the license agreement.

Keywords: Licensing-in; Invention; Dynamic Capabilities; Learning Opportunities; Technological familiarity; Technological specialization (search for similar items in EconPapers)
Date: 2010
New Economics Papers: this item is included in nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:aal:abbswp:10-13

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