English
 
Help Privacy Policy Disclaimer
  Advanced SearchBrowse

Item

ITEM ACTIONSEXPORT
  The design of licensing contracts: Chemicals, Pharmaceuticals, and Electrical Engineering in Imperial Germany

Burhop, C., & Lübbers, T. (2011). The design of licensing contracts: Chemicals, Pharmaceuticals, and Electrical Engineering in Imperial Germany.

Item is

Files

show Files

Locators

show
hide
Description:
-

Creators

show
hide
 Creators:
Burhop, Carsten1, Author              
Lübbers, Thorsten1, Author              
Affiliations:
1Max Planck Institute for Research on Collective Goods, Max Planck Society, ou_2173688              

Content

show
hide
Free keywords: -
 Abstract: We investigate a sample of 180 technology licensing contracts closed by German chemical, pharmaceutical, and electrical engineering companies between 1880 and 1913. Our empirical results suggest that strategic behaviour seems to be relevant for the design of licensing contracts, whereas inventor moral hazard and risk aversion of licensor or licensee seem to be irrelevant. Moreover, our results suggest that uncertainty regarding the profitability of licensed technology influenced the design of licensing contracts. More specifically, profit sharing agreements or producer milestones were typically included into licensing contracts.

Details

show
hide
Language(s):
 Dates: 2011
 Publication Status: Published in print
 Pages: -
 Publishing info: Bonn : Max Planck Institute for Research on Collective Goods
 Table of Contents: -
 Rev. Type: -
 Identifiers: Other: 2011/18
 Degree: -

Event

show

Legal Case

show

Project information

show

Source

show