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Exploring the survival of patent licensing: some evidence from French foreign agreements

Jean-François Sattin ()
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Jean-François Sattin: Université Paris 1 Panthéon-Sorbonne, PRISM Sorbonne

The Journal of Technology Transfer, 2016, vol. 41, issue 3, No 10, 610-630

Abstract: Abstract This paper aims to determine the factors that impact on the duration of technology licensing contracts. Using a transaction costs framework, we derive some propositions related to the influence of the contractual safeguards and of institutions on the failure rate of such agreements. We conduct an empirical investigation based on a new dataset of 250 contracts from the French National Institute of Intellectual Property. We show that the actual duration of licensing agreements (a) is positively associated to their profitability and to the level of technological competition, (b) is positively associated to the presence of a renegotiation clause, and (c) is independent of other contractual or institutional safeguards.

Keywords: Technology licensing; Intellectual property rights; Duration analysis (search for similar items in EconPapers)
JEL-codes: C41 L24 O34 O57 (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/s10961-015-9431-x

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