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Technology strategy revealed: patterns and influences of patent-licensing behaviour in Japanese firms

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UNSPECIFIED (2005) Technology strategy revealed: patterns and influences of patent-licensing behaviour in Japanese firms. INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT, 30 (3-4). pp. 327-350. ISSN 0267-5730

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Abstract

Patterns of patent in-licensing and out-licensing are examined among Japanese firms in the pharmaceuticals and electronics industries. Sixty-five questionnaires and 24 interview-based cases provide insights into what influences the decisions to 'make-or-buy' (in-license) knowledge assets and to 'exploit-or-sell' (out-license) R&D outputs. Firm size and resources, the existing portfolio of technologies, and ongoing exploitation strategies are all influential. Significant increases in in-licensing and out-licensing and associated changes in the management of intellectual property are also a response to changing competitive pressures and markets in Japan for both these sets of firms. Reciprocal technology-sharing agreements are evolving into more formalised relationships and firms are being pushed to improve their technology brokering capabilities. Looking beyond abstracted patent data, the study provides additional insights into the influences on strategic R&D selection as well as the general management dilemmas associated with the leveraging of intellectual assets, core competence selection and 'markets versus hierarchies' decision making.

Item Type: Journal Article
Subjects: T Technology > TA Engineering (General). Civil engineering (General)
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Journal or Publication Title: INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT
Publisher: INDERSCIENCE ENTERPRISES LTD
ISSN: 0267-5730
Date: 2005
Volume: 30
Number: 3-4
Number of Pages: 24
Page Range: pp. 327-350
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/7056

Data sourced from Thomson Reuters' Web of Knowledge

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