Explaining Observed Licensing Agreements: Toward a Broader Understanding of Technology Flows

Albert N. Link and John T. Scott

Economics of Innovation and New Technology, 2002, vol. 11, issue 3, pages 211-231

Abstract: A lack of quantitative information on cross-firm licensing agreements constrains policy makers in their overall understanding of the innovation process and the innovative environment of firms. This paper develops a methodology for understanding the patterns of technology flows that result through licensing agreements from readily available patent data. In addition, hypotheses about firms that share technology through licensing are tested; in particular, we find that diversified firms have a higher probability of licensing their technology.

Keywords: Innovation And Invention: O31; Intellectual Property Rights: O34 (search for similar items in EconPapers)
Date: 2002
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