'Learning-by-Licensing': R & D and Technology Licensing in Brazilian Invention
Wellesley College Working Paper No. 98-14
Posted: 28 Sep 1998
Date Written: August 1998
With the recent liberalization of technology flows, changes in the pattern of domestic invention can be expected in Brazil. This paper models the decision of a firm to engage in innovative activity and to protect the results of that activity. Using a unique firm-level dataset collected for this purpose, estimation indicates that the interactions between current R & D and past licensing are prime contributors to innovative success. A firm's experience with technology licenses not only adds to the productivity of current R & D, but also affects whether a firm applies for full patent or utility model protection. Firm size, employee training, and knowledge spillovers also have an impact on the inventive process.
JEL Classification: O31, O32, O14, O54, D21
Suggested Citation: Suggested Citation