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

Jean-François Sattin ()
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Jean-François Sattin: PRISM Sorbonne - Pôle de recherche interdisciplinaire en sciences du management - UP1 - Université Paris 1 Panthéon-Sorbonne, UP1 - Université Paris 1 Panthéon-Sorbonne

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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.

Date: 2016-06
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Published in Journal of Technology Transfer, 2016, 41 (3), pp.610-630. ⟨10.1007/s10961-015-9431-x⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03970640

DOI: 10.1007/s10961-015-9431-x

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