Determinants of inter-firm technology licensing in the EU

Young Jun Kim, George Clarke

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

This article investigates the determinants of technology licensing, focusing on how country-specific characteristics affect technology holders' incentives to sell their proprietary technologies through licensing alliances. An empirical examination of licensing is done using a unique panel data set of licensing transactions involving companies in the EU. The strength of Intellectual Property Rights (IPR) protection, the degree of economic freedom, the level of country risk, and the number of patent granted in the country are found to be important determinants of inter-firm technology licensing. In addition, firms with prior independent experience as a licensor and public companies tend to license technology more.

Original languageEnglish
Pages (from-to)651-661
Number of pages11
JournalApplied Economics
Volume45
Issue number5
DOIs
Publication statusPublished - 2013 Feb

Keywords

  • EU
  • Intellectual property rights
  • Technology licensing
  • Transaction cost

ASJC Scopus subject areas

  • Economics and Econometrics

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