| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16255 |
| DP16255 To License or Commercialize: Behavioral Considerations in Patent Exploitation by Family Firms | |
| Addis Birhanu; Alfonso Gambardella | |
| 发表日期 | 2021-06-14 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper examines the relationship between family ownership and patent use strategy using primary data from a patent survey, and patent and firm-level data from secondary sources. We find that family firms are less likely than non-family firms to license and more than non-family firms to commercialize their patents. This decision is not driven by family firms’ lower patent quality or inefficient use of patents. Instead, it is due to family firms’ strong preference for patent uses that give them more control over values they can appropriate from their patents. To this end, family firms actively search for opportunities to use their patents internally by deviating from intended patent uses in favor of commercialization and spending more research time to commercialize even unanticipated (serendipitous) patents more than non-family firms. This idiosyncratic preference in patent exploitation may positively contribute to the scaling up of family firms but potentially hinders the development of Market for Technology. |
| 主题 | Organizational Economics |
| 关键词 | Family firms Patents Licensing Markets for technology |
| URL | https://cepr.org/publications/dp16255 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545220 |
| 推荐引用方式 GB/T 7714 | Addis Birhanu,Alfonso Gambardella. DP16255 To License or Commercialize: Behavioral Considerations in Patent Exploitation by Family Firms. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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