| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19679 |
| 来源ID | Working Paper 19679 |
| Deals Not Done: Sources of Failure in the Market for Ideas | |
| Ajay Agrawal; Iain Cockburn; Laurina Zhang | |
| 发表日期 | 2013-11-27 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | Using novel survey data on technology licensing, we report the first empirical evidence linking the three main sources of failure emphasized in the market design literature (lack of market thickness, congestion, lack of market safety) to deal outcomes. We disaggregate the licensing process into three stages and find that although lack of market thickness and deal failure are correlated in the first stage, they are not in the latter stages, underscoring the bilateral monopoly conditions under which negotiations over intellectual property often occur. In contrast, market safety is only salient in the final stage. Several commonly referenced bargaining frictions (congestion) are salient, particularly in the second stage. Also, universities and firms differ in the stage during which they are most likely to experience deal failure. |
| 主题 | Industrial Organization ; Firm Behavior ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w19679 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577354 |
| 推荐引用方式 GB/T 7714 | Ajay Agrawal,Iain Cockburn,Laurina Zhang. Deals Not Done: Sources of Failure in the Market for Ideas. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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