Difference between revisions of "Cockburn MacGarvie Muller (2010) - Patent Thickets Licensing And Innovative Performance"
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Revision as of 16:33, 18 March 2013
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Reference
- Cockburn, I.M., MacGarvie, M.J. and Müller , E. (2010), "Patent thickets, licensing and innovative performance", Industrial and Corporate Change, Vol.19, No.3, pp.899--925
@article{cockburn2010patent, title={Patent thickets, licensing and innovative performance}, author={Cockburn, I.M. and MacGarvie, M.J. and M{\"u}ller, E.}, journal={Industrial and Corporate Change}, volume={19}, number={3}, pages={899--925}, year={2010}, abstract={We examine the relationship between fragmented intellectual property (IP) rights and the innovative performance of firms, taking into consideration the role played by in-licensing of IP. We find that firms facing more fragmented IP landscapes have a higher probability of in-licensing. We observe a negative relationship between IP fragmentation and innovative performance, but only for firms that engage in in-licensing. In contrast, greater IP fragmentation is associated with higher innovative performance for firms that do not in-license. Furthermore, the effects of fragmentation on innovation also appear to depend on the size of a firms patent portfolio. These results suggest that the effects of fragmentation of upstream IP rights are not uniform, and instead vary according to the characteristics of the downstream firm.}, discipline={Mgmt, Econ}, research_type={Empirical}, industry={}, thicket_stance={}, thicket_stance_extract={}, thicket_def={}, thicket_def_extract={}, tags={}, filename={Cockburn MacGarvie Muller (2010) - Patent Thickets Licensing And Innovative Performance.pdf} }
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Abstract
We examine the relationship between fragmented intellectual property (IP) rights and the innovative performance of firms, taking into consideration the role played by in-licensing of IP. We find that firms facing more fragmented IP landscapes have a higher probability of in-licensing. We observe a negative relationship between IP fragmentation and innovative performance, but only for firms that engage in in-licensing. In contrast, greater IP fragmentation is associated with higher innovative performance for firms that do not in-license. Furthermore, the effects of fragmentation on innovation also appear to depend on the size of a firms patent portfolio. These results suggest that the effects of fragmentation of upstream IP rights are not uniform, and instead vary according to the characteristics of the downstream firm.