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Not Invented Here: Technology Licensing, Knowledge Transfer and Innovation Based on Public Research

Guido Buenstorf and Matthias Geissler ()
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Matthias Geissler: University of Kassel

A chapter in The Two Sides of Innovation, 2013, pp 77-107 from Springer

Abstract: Abstract Using a new dataset encompassing more than 2,200 inventions made by Max Planck Society researchers from 1980 to 2004, we explore the way in which inventor, technology, and licensee characteristics affect the commercialization of academic inventions. We find limited evidence suggesting that domestic and external licensees outperform foreign licensees and inventor spin-offs in the commercialization of academic inventions. Controlling for selection, spin-offs are indistinguishable from external licensees. Patented technologies and inventions by senior scientists are more likely to be licensed, but patent protection is related to lower commercialization odds and royalty payments.

Keywords: Spin-off Innovations; Academic Innovation; Foreign Licensors; Commercialization Odds; Low Commercialization (search for similar items in EconPapers)
Date: 2013
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Journal Article: Not invented here: technology licensing, knowledge transfer and innovation based on public research (2012) Downloads
Working Paper: Not invented here: Technology licensing, knowledge transfer and innovation based on public research (2009) Downloads
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DOI: 10.1007/978-3-319-01496-8_5

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