| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10483206 | Research Policy | 2013 | 11 Pages |
Abstract
⺠Firms are more likely to license general technologies (with many downstream applications) when downstream product markets are fragmented. ⺠When potential licensees are distant in product space from the licensor, they do not value much a dedicated technology in the product space of the licensor. ⺠When they are close, the licensor is not willing to license to them because of fear of competition. ⺠By contrast, distant licensees can find general technologies useful, and licensors are willing to license to them because they are not direct product competitors. ⺠We find consistent empirical evidence.
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Authors
Alfonso Gambardella, Marco S. Giarratana,