Patent trading flows of small and large firms

Nicolás Figueroa and Carlos Serrano

Research Policy, 2019, vol. 48, issue 7, 1601-1616

Abstract: This article provides new evidence on the patent trading flows of small and large firms. We document aggregate patterns of patent sales and acquisitions of small and large firms. We also examine the extent to which the initial innovator's and the potential buyers’ prior knowledge stocks in the same technology area and in geographical proximity with a patented invention are associated with the likelihood that the patent is sold, and whether the patent sold is bought by a small or large firm. To do so, we develop a dataset that matches patent sales and information on whether transacted patents are owned by small or large firms following a patent sale.

Keywords: Market for patents; Market for technology; Patent reassignments; Patent sales; Division of innovative labor; Patents (search for similar items in EconPapers)
JEL-codes: L22 L24 O32 O34 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

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Related works:
Working Paper: Patent Trading Flows of Small and Large Firms (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:48:y:2019:i:7:p:1601-1616

DOI: 10.1016/j.respol.2019.03.002

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