What induces firms to license foreign technologies? International survey evidence

The paper provides insights into drivers of foreign technology licensing from the licensee's perspective, using data across 114 nations. Technology licensing enables licensees to access proven technologies without development delays, although licensors might deny licenses for strategic reasons....

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Bibliographic Details
Main Authors: Dohse, D. (Author), Goel, R.K (Author), Nelson, M.A (Author)
Format: Article
Language:English
Published: John Wiley and Sons Ltd 2019
Online Access:View Fulltext in Publisher
LEADER 01283nam a2200157Ia 4500
001 10.1002-mde.3044
008 220511s2019 CNT 000 0 und d
020 |a 01436570 (ISSN) 
245 1 0 |a What induces firms to license foreign technologies? International survey evidence 
260 0 |b John Wiley and Sons Ltd  |c 2019 
856 |z View Fulltext in Publisher  |u https://doi.org/10.1002/mde.3044 
520 3 |a The paper provides insights into drivers of foreign technology licensing from the licensee's perspective, using data across 114 nations. Technology licensing enables licensees to access proven technologies without development delays, although licensors might deny licenses for strategic reasons. Results show that firms with own R&D are more likely to license foreign technologies, as are larger firms and firms in the nations' main business cities. However, the macroeconomic and institutional environment matters as well: domestic interest rates, informal sector competition, and the literacy of a country's labor force all impact foreign technology licensing. Some implications for technology policy are discussed. © 2019 John Wiley & Sons, Ltd. 
700 1 |a Dohse, D.  |e author 
700 1 |a Goel, R.K.  |e author 
700 1 |a Nelson, M.A.  |e author 
773 |t Managerial and Decision Economics