The Structure of Licensing Contracts

Authors: Anand, Bharat N.; Khanna, Tarun

Source: Journal of Industrial Economics, Volume 48, Number 1, March 2000 , pp. 103-135(33)

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Abstract:

Industrial organization theory has explored several issues related to licensing, but empirical analyses are extremely rare. We amass a new and detailed dataset on licensing contracts, and use it to present some simple `facts' concerning licensing behavior. Our analysis reveals robust cross-industries differences in several contractual features, such as exclusivity, cross-licensing, ex-ante versus ex-post technology transfers, and licensing to related versus unrelated parties. We offer an interpretation of these facts based on cross-industry variation in the strength of intellectual property rights.

Document Type: Original article

DOI: http://dx.doi.org/10.1111/1467-6451.00114

Affiliations: 1: Harvard Business School, Soldiers Field Road, Boston, MA 02163, USA

Publication date: 2000-03-01