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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/16402

Title: Learning-by-Licensing: How Chinese Firms Benefit From Licensing-In Technologies
Authors: WANG, Yuandi
Issue Date: 2013
Abstract: This paper explores how interfirm variations in their in-licensed technology portfolios influence subsequent innovation performance. Existing studies mainly assume licensed technologies are homogeneously accessible to firms, and a prevailing explanation as to why firms vary in their innovation performance lies in differences of absorptive capacity. In this study, we intend to relax this assumption and use data about 186 Chinese indigenous firms to investigate how differences in in-licensing portfolios lead to different effects on innovation performance. We find that firms benefit from prior in-licensing technologies and the result is related to four dimensions of their licensing portfolios. We find that 1) the scale of firms' technology in-licensing has an inverted-U relationship with their subsequent innovation performance; 2) firms that license-in foreign technologies tend to outperform those that predominantly license-in technologies from domestic sources; 3) the newness of firms' technology in-licensing yields a positive effect on subsequent innovation performance; and 4) a diverse portfolio of licensors from whom technologies are licensed-in has an inverted-U relationship with firms' subsequent technological diversity.
Notes: [Wang, Yuandi] Sichuan Univ, Sch Business, Chengdu 610064, Peoples R China. [Wang, Yuandi] Tech Univ Denmark, DTU Execut Business Sch, DK-2800 Lyngby, Denmark. [Roijakkers, Nadine; Vanhaverbeke, Wim] Hasselt Univ, Fac Business Econ, Dept Strategy & Innovat, BE-3590 Diepenbeek, Belgium. [Vanhaverbeke, Wim] Vlerick Leuven Gent Management Sch, B-3000 Louvain, Belgium. [Vanhaverbeke, Wim] ESADE Business Sch, Barcelona 08034, Spain.
URI: http://hdl.handle.net/1942/16402
DOI: 10.1109/TEM.2012.2205578
ISI #: 000313719100005
ISSN: 0018-9391
Category: A1
Type: Journal Contribution
Validation: ecoom, 2014
Appears in Collections: Research publications

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