General technological capabilities, product market fragmentation, and markets for technology
Abstract
null null The combination of a firm capability (i.e., ability to generate general purpose technologies) and a market structure condition (i.e., fragmentation of downstream submarkets) may encourage licensing in an industry. That is, the probability of licensing should increase when product markets are fragmented and technologies support general purposes. Evidence consistent with these predictions emerges from a 1993 to 2001 panel of 87 firms...
Paper Details
Title
General technological capabilities, product market fragmentation, and markets for technology
Published Date
Mar 1, 2013
Journal
Volume
42
Issue
2
Pages
315 - 325
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