The Structure of Licensing Contracts
基于新收集的许可合同详细数据,揭示了不同行业在排他性、交叉许可、事前与事后技术转让等合同特征上的稳健差异,并利用知识产权保护强度的行业差异进行解释。
Industrial organization theory has explored several issues related to licensing, but empirical analyses are extremely rare. We amass a new and detailed dataset on licensing contracts, and use it to present some simple ‘facts’ concerning licensing behavior. Our analysis reveals robust cross‐industries differences in several contractual features, such as exclusivity, cross‐licensing, ex‐ante versus ex‐post technology transfers, and licensing to related versus unrelated parties. We offer an interpretation of these facts based on cross‐industry variation in the strength of intellectual property rights.