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

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 licens...

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Bibliographic Details
Published in:KSII transactions on Internet and information systems 2014-06, Vol.8 (6), p.2043-2055
Main Authors: Kim, YoungJun, Lee, Eui Young, Cin, Beom Cheol, Kim, Byoung Joon
Format: Article
Language:Korean
Subjects:
Firm performance
ICT
Licensing
Online Access:Get full text
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Summary: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.
ISSN:1976-7277
1976-7277