Download This PaperThe Market for Patents in Europe
LEM Working Paper No. 2006/04
37 Pages Posted: 23 May 2006
Date Written: February 2006
Abstract
By using the PatVal-EU dataset we find that the most important determinant of patent licensing is firm size. Patent breadth, value, protection, and other factors suggested by the literature also have an impact, but not as important. In addition, most of these factors affect the willingness to license, but not whether a license actually takes place. We discuss why this suggests that there are transaction costs in the markets for technology. The issue is important because many potential licenses are not licensed suggesting that the markets for technology can be larger, with implied economic benefits.
Keywords: Licensing, patent scope, complementary assets, firm size, markets for technology
JEL Classification: D45, O32, O34
Suggested Citation: Suggested Citation
Alfonso Gambardella
Bocconi University - Department of Management and Technology ( email )
Via Roentgen 1
Milan, MI 20136
Italy
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Patent Protection, Complementary Assets, and Firms' Incentives for Technology Licensing
By Ashish Arora and Marco Ceccagnoli
-
Property Rights, Firm Boundaries, and R&D Inputs
By Ashish Arora and Robert P. Merges
-
Managing Licensing in a Market for Technology
By Ashish Arora, Andrea Fosfuri, ...
-
Managing Licensing in a Market for Technology
By Ashish Arora, Andrea Fosfuri, ...
-
The Licensing Dilemma: Understanding the Determinants of the Rate of Technology Licensing
-
Creating Competition? Globalisation and the Emergence of New Technology Producers
By Suma Athreye and John A. Cantwell
-
By Dietmar Harhoff, Myriam Mariani, ...