innovation alone, it is not clear how obtaining IP rights will impact the choice between licensing product rights and continuing … the primary patent covering an innovation and whether the innovating firm's licenses its innovation or raises external … finance at certain stages of the firm/product's development, and thereby enable the firm to delay licensing, obtaining patent …

Previous literature finds that larger downstream markets fuel the innovation of new technologies by incentivizing firms … to spend more on R&D. Our evidence shows that larger markets also increase the extent of licensing-based cooperation …. Evidence is drawn from the drug candidate licensing market, exploiting the quasi-experimental variation introduced by the …

factor in whether innovators or imitators outperform one another in garnering the most economic return from innovation. (SFL) …

into patent portfolio races leading to ex post licensing. It is shown that higher degrees of blocking lead firms to license …Complex high technology industries are increasingly affected by patent thickets in which firms' patents mutually block … the use of important technologies. Firms facing patent thickets patent intensively to acquire bargaining chips and use …

its patent alone influence the success of outward licensing …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 …

Every state has occupational licensing laws or regulations, which require individuals seeking to offer a certain … service to the public first to obtain approval from the state. Occupational licensing requirements historically derive from a … United States has skyrocketed and licensing requirements have become increasingly onerous. When incumbents wield licensing …

We study the drug licensing behavior (acquisition of rights for developing drugs) of large pharmaceutical firms in the … aftermath of large negative shocks to their pipelines, Phase 3 failures (P3Fs). We find that P3Fs lead to increased licensing … within a year of the event. This result is significant because one year is a short window given the usual timelines---licensing …

because transferring the knowledge from basic research to industry is seen to be a key to developing an innovation economy …. University licensing offices have curiosity-driven inventions created by diverse university faculty, researchers, students and …

higher when the conflict is settled via cross licensing. However, the weak protection on patent rights, which is shown to …We investigate the firms' investment decisions in the presence of litigation over infringement and cross licensing as a … products, while they easily agree on cross licensing to utilize each other's works in the slow-growing market, leaving little …