Licensing Strategies of the Entreprising – But Vulnerable “Intellectual property” Vendors

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dc.contributor.author	Davis, Lee
dc.date.accessioned	2009-08-20
dc.date.accessioned	2009-08-20T09:00:14Z
dc.date.available	2009-08-20T09:00:14Z
dc.date.issued	2009-08-20
dc.identifier.isbn	8778732034
dc.identifier.uri	http://hdl.handle.net/10398/7878
dc.description.abstract	This paper investigates in an exploratory manner the licensing strategies pursued by firms whose business model is based on developing and licensing out their intellectual property rights (IPRs). These are not traditional suppliers, since they do not engage in production or commercialization, but focus solely on invention. While considerable anecdotal evidence exists about these IP vendors, there has been no systematic investigation of how they use licensing to appropriate value from their investments in R&D. In this paper, we suggest that the licensing strategies they pursue can be differentiated along two main dimensions: whether the driving force behind the inventive process is “technology push” or “market pull”, and the degree to which the innovative activities carried out by the IP vendor are mutually dependent upon the innovative activities of the other relevant market players. On this basis, four main licensing strategies are identified. We investigate the relative benefits and costs of these four strategies, and the factors affecting licensing choices.	en_US
dc.format.extent	31 s.	en_US
dc.language	eng	en_US
dc.publisher	DRUID	en_US
dc.relation.ispartofseries	DRUID Working Paper;06-12
dc.title	Licensing Strategies of the Entreprising – But Vulnerable “Intellectual property” Vendors	en_US
dc.type	wp	en_US
dc.accessionstatus	modt09aug20 liga	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Danish Research Unit for Industrial Dynamics	en_US
dc.contributor.departmentshort	DRUID	en_US
dc.contributor.departmentuk	Danish Research Unit for Industrial Dynamics	en_US
dc.contributor.departmentukshort	DRUID	en_US
dc.idnumber	8778732034	en_US
dc.publisher.city	Frederiksberg	en_US
dc.publisher.year	2006	en_US