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http://dx.doi.org/10.3837/tiis.2014.06.013

Technology Licensing and the Performance of Firms in US Information and Communication Technology Industry: The Case of Licensees  

Kim, YoungJun (Graduate School of Management of Technology, Korea University)
Lee, Eui Young (Department of Economics, Kunsan National University)
Cin, Beom Cheol (Department of Economics, Kyonggi University)
Kim, Byoung Joon (Division of Senior Business, Kangnam University)
Publication Information
KSII Transactions on Internet and Information Systems (TIIS) / v.8, no.6, 2014 , pp. 2043-2055 More about this Journal
Abstract
This paper empirically investigates the effects of technology licensing on the licensee firm's performance with the help of a unique data set of observed licensing transactions in Information and Communication Technology (ICT) industry. We examine how intensity of licensing participation as a licensee affects the firm's performance. This study also analyzes how relationship between the licensor and the licensee in a deal along with characteristics of participants and their industry influences the performance of the licensee firm. The findings suggest that frequent participation in technology licensing increase licensee firm's sales growth. Also, transaction cost considerations and technology spillovers are important explanatory factors that influence licensee firms' performance in licensing.
Keywords
Licensing; ICT; Firm performance;
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