 Technology licensing and innovation performance: evidence from Chinese latecomers in high-tech industriesY.Y. Zhao, Poh Wong (), A.M. Subramanian and C.C. Hang Journal of Chinese Economic and Business Studies, 2014, vol. 12, issue 2, 125-147 Abstract: As a catalyst for endogenous technological change, inward technology licensing (ITL) can improve a firm's innovation performance. This paper investigates the effect of learning by licensing and choice of licensed-in technologies on innovation performance. We extend the ITL strategy to the latecomer context, addressing two critical factors: (1) number of licenses and (2) age of licensed-in technology. We hypothesize about the relationship of the licensee's innovation performance with the number of licenses and age of licensed-in technology, as well as the moderating effect of the licensee's absorptive capacity. Based on a sample of 154 Chinese high-tech firms, empirical evidence is found in support of our arguments. This study is the first to consider the significance of the age of licensed-in technology to innovation performance and found that the number of licenses has a curvilinear (an inverted U) relationship with innovation performance. We also confirmed the significant moderating effect of absorptive capacity on the above two relationships. Date: 2014 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:jocebs:v:12:y:2014:i:2:p:125-147 Ordering information: This journal article can be ordered from DOI: 10.1080/14765284.2014.900946 Access Statistics for this article Journal of Chinese Economic and Business Studies is currently edited by Professor Xiaming Liu More articles in Journal of Chinese Economic and Business Studies from Taylor & Francis Journals |
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