Drivers of Technology Licensing : A Industry Comparison
Material type:
- Lic
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The article reports on the benefits, drawbacks and processes involved for companies that out license their proprietary technology. The catalyst for this out licensing trend by firms in many industries is explored and analyzed. Industry wide research from 135 firms includes previous corporate strategies and the need for drivers of technology licensing. Technology licensing involves the transfer of technological knowledge to another organization, which sometimes results in profit loss, but positive effects result as well.
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