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Persistent link: https://www.econbiz.de/10003913304
This paper provides new evidence on the contractual governance of technology licensing agreements. Using an … of private institutions on the trading of technology. …
Persistent link: https://www.econbiz.de/10011166553
The rise of the network as a form of economic organization renders problematic our standard understanding of how capitalism is governed. As the governance of production shifts from vertical integration to horizontal contract, a puzzle arises: how do contracts, presumed to be susceptible to...
Persistent link: https://www.econbiz.de/10012721209
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical …-up threats. Backward references in firm's patent portfolio indicate potential technology suppliers. I find a negative effect of … ownership fragmentation on investments related to innovation for firms with small patent portfolios. Hold-up threats are …
Persistent link: https://www.econbiz.de/10009510154
technology related to biodiversity-based drugs. Such an approach may be inspired by the CBD, which also stipulates that … that are developing countries, which provide genetic resources, are provided access to and transfer of technology which … makes use of those resources, on mutually agreed terms, including technology protected by patents and other intellectual …
Persistent link: https://www.econbiz.de/10014188528
This paper gives a survey of insights into inter-firm alliances and networks for innovation, from a constructivist … myopia that, for the sake of innovation, needs to be complemented by means of outside relations with other firms, at larger … cognitive distance. Hence the importance of networks for innovation. On the governance side, the paper gives a review of …
Persistent link: https://www.econbiz.de/10014027067
This paper provides new evidence on the contractual governance of technology licensing agreements. Based upon an … of private institutions in technology trade …
Persistent link: https://www.econbiz.de/10012707973
innovation is based on citation-weighted patent stocks. In our estimation model, we control for endogeneity using instrumental …Mergers lead to larger firms and a less competitive market structure, but their effects on innovation are not clear …. Mergers may improve innovation incentives by promoting economies of scope and scale, R\&D activities, and increasing the …
Persistent link: https://www.econbiz.de/10012935892
and Q theories of mergers. Our measure of innovation is based on the citation-weighted patent stock. We find that …The impact of innovation on mergers has been a subject of debate in merger enforcements. Firms may decide to merge … because of increasing market share and expanding capacity. However, mergers may also be motivated by innovation since they …
Persistent link: https://www.econbiz.de/10012935893
This paper examines markets, firms, and the law as alternative institutional arrangements for organizing transactions that involve transaction-specific investments and uncertain performance. The analysis is the logical extension of Coase's seminal examination of the market-firm boundary on one...
Persistent link: https://www.econbiz.de/10009004295