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"Learning-by-Licensing": R&D and Technology Licensing in Brazilian Invention

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Abstract:

This paper models the decision of a firm to engage in innovative activity and to protect the results of that activity. Using a unique firm-level dataset collected for this purpose, estimation indicates that the interactions between current R&D and past licensing are prime contributors to innovative success. A firm's experience with technology licenses not only adds to the productivity of current R&D, but also affects whether a firm applies for full patent or utility model protection. Firm size, employee training and knowledge spillovers also have an impact on the inventive process.

Keywords: Brazil; R&D; absorptive capacity; licensing; patent

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/10438590210904

Publication date: January 1, 2002

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