Licensing versus selling in transactions for exploiting patented technological knowledge assets in the markets for technology

@article{Jeong2013LicensingVS,
  title={Licensing versus selling in transactions for exploiting patented technological knowledge assets in the markets for technology},
  author={Seongkyoon Jeong and Sungki Lee and Yeonbae Kim},
  journal={The Journal of Technology Transfer},
  year={2013},
  volume={38},
  pages={251-272}
}
This paper examines the determinants of the types of technology transactions in the markets for technology. On the basis of the relationship between the characteristics of a firm’s patents and the firm’s decision on whether to license out or sell these patented technologies, we empirically analyze the determinants of the decision. We employ interlocked patent data from the representative Korean market for technology, the National Technology Bank, using a bivariate probit regression model in a… CONTINUE READING

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