Template-type: ReDIF-Paper 1.0
Author-Name: Hagedoorn, John
Author-Email: j.hagedoorn@os.unimaas.nl
Author-Workplace-Name: UNU-MERIT and University of Maastricht
Author-Name: Lorenz-Orlean, Stefanie
Author-Email: s.lorenz@os.unimaas.nl
Author-Workplace-Name: University of Maastricht 
Author-Name: Kranenburg, Hans
Author-Email: h.vankranenburg@fm.ru.nl
Author-Workplace-Name: Radboud University Nijmegen
Title: Inter-firm technology transfer: Partnership-embedded licensing or standard 
	 licensing agreements?
Abstract: When companies decide to engage in technology transfer through licensing 
	 to other firms, they have two basic options: to use standard licensing 
	 contracts or to set-up more elaborate partnership-embedded licensing 
	 agreements. We find that broader partnership-embedded licensing 
	 agreements are preferred with higher levels of technological 
	 sophistication of industries, with greater perceived effectiveness of 
	 secrecy as a means of appropriability, and when licensors are smaller 
	 than their licensees. Innovative differentials between companies, 
	 innovative supremacy of the licensor, and market and technological 
	 overlap between partners appear to have no effect on the preference for 
	 a particular form of licensing. 
Classification-JEL: O31, O34, D74
Keywords: technology transfer, licensing, inter-firm partnership, innovation
Series: UNU-MERIT Working Papers
Creation-Date: 2007
Number: 006
File-URL: http://www.merit.unu.edu/publications/wppdf/2007/wp2007-006.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2007006