Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/174593 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
Kiel Working Paper No. 2100
Verlag: 
Kiel Institute for the World Economy (IfW), Kiel
Zusammenfassung: 
The paper provides firm-level insights into the drivers of foreign technology licensing from the perspective of the licensee, using data across 114 nations. Drawing on the theoretical foundations related to knowledge spillovers, results show that manufacturing firms with own R&D capabilities were more likely to license foreign technologies, as were larger firms and those situated in the nations' main business city. Greater literacy facilitated foreign technology licensing, while overall economic prosperity of a nation did not have a significant impact. Interestingly, higher domestic interest rates, related to capital costs and to overall monetary policy, induced firms to license technology from abroad. Finally, some institutions like greater economic freedom aided technology licensing, while others like strong patent protection were not found to have a sizable impact.
Schlagwörter: 
technology licensing
R&D
firm size
location
taxes
informal competition
JEL: 
L24
O33
O57
Dokumentart: 
Working Paper

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