To understand why some patents get licensed and others do not we estimate a portfolio of firm- and patent-level determinants for why a particular licensor's patent was licensed over all technologically similar patents held by other licensors. Using data for licensed biopharmaceutical patents, we...

This research provides knowledge and builds theory related to how and why consumers engage in unsolicited innovation with existing products in order to create new ones. Specifically, this research presents an in-depth qualitative exploration of the motivations consumers have for innovating with...