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Study on the Influence of Technology Competition on Enterprises′ Patent Licensing Behaviors |
Li Ming1,Sun Chengshuang1,Bing Tao2,Chen Xiangdong3 |
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Abstract The intellectual property is becoming more and more important in the course of knowledge economy. The impact of various competitive situations on firms' licensing is studied using a large number of Chinese enterprises' patent licensing data. The empirical analysis shows that firms incline to license out their patents with deteriorating of the competition environment, expanding of the technology market and increasing of the density of competition. But, there is an inverted Ushaped relationship between the licensing propensity and the number of real technology providers. The number of technology providers is far from reaching the inflection point in China. The R&D strength of enterprises plays a decisive role in the licensing process, stronger competitors have obvious effect on the licensing act, and the weaker competitors promote this process. It also found that the licensors do not refuse or delay the licensing when the licensees are also competitors. In addition, the stateowned enterprises have an ineffective response in the licensing process, but the private sectors are more sensitive and efficient. Finally, the policy recommendations are proposed according to the market situation in China.
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