Hagedoorn, John; Lorenz-Orlean, Stefanie; Kranenburg, Hans - United Nations University, Maastricht Economic and … - 2007
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 …