Licensing‐in fosters rapid invention! the effect of the grant‐back clause and technological unfamiliarity
研究发现技术引进能加速企业的发明过程，但若合同中包含回授条款或企业对引进技术不熟悉，这种加速效应会减弱甚至消失。
Abstract Drawing on contractual economics and innovation management, licensing‐in is hypothesized to accelerate licensees' invention process. Studying a matched dataset of licensees and non‐licensees, licensees are shown to be faster at inventing, but the effect is negated if the license includes a grant‐back clause, shifting incentives from licensee to licensor. Also, the effect is significantly reduced if the licensee is unfamiliar with the licensed technology. The effect of the grant‐back clause is offset if the licensee is unfamiliar with the licensed technology, suggesting that the licensee retains the incentives to invent under these circumstances. Copyright © 2012 John Wiley & Sons, Ltd.