Title

Determinants of inter-firm technology licensing in the EU

Document Type

Article

Publication Title

Applied Economics

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. © 2011 Copyright Taylor and Francis Group, LLC.

First Page

651

Last Page

661

DOI

10.1080/00036846.2011.610746

Publication Date

2-1-2013

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