How SMEs exploit their intellectual property assets: Evidence from survey data

Small Business Economics

Volumn 39, Issue 2, 2012, Pages 437-452

  de Rassenfosse, Gaétan ^a  

^a UNIVERSITY OF MELBOURNE   (Australia)

Author keywords

Financing constraint; Intellectual property strategy; Market for technology; Motives to patent; Multivariate ordered models; Technology licensing

Indexed keywords

EID: 84863091681     PISSN: 0921898X     EISSN: 15730913     Source Type: Journal    
DOI: 10.1007/s11187-010-9313-4     Document Type: Article

References (38)

1. Amable, B., Chatelain, J. B., & Ralf, K. (2010). Patents as collateral. Journal of Economics Dynamics and Control, 34(6), 1092-1104.
2. Anand, B., & Khanna, T. (2000). The structure of licensing contracts. Journal of Industrial Economics, 48(1), 103-135.
3. Arora, A., & Ceccagnoli, M. (2006). Patent protection, complementary assets, and firms' incentives for technology licensing. Management Science, 52(2), 293-308.
4. Arora, A., Gambardella, A., & Fosfuri, A. (2001). Markets for technology. Cambridge, MA: MIT Press.
5. Athreye, S., & Cantwell, J. (2007). Creating competition? Globalisation and the emergence of new technology producers. Research Policy, 36(2), 209-226.
6. Blind, K., Edler, J., Frietsch, R., & Schmoch, U. (2006). Motives to patent: Empirical evidence from Germany. Research Policy, 35(5), 655-672.
7. Cohen, W., Nelson, R., & Walsh, J. (2000). Protecting their intellectual assets: Appropriability conditions and why U. S. manufacturing firms patent (or not). National Bureau of Economic Research (NBER) Working Paper 7552. Cambridge, MA: NBER.
8. Czarnitzki, D., & Hottenrott, H. (2010). R&D investment and financing constraints of small and medium-sized firms. Small Business Economics, 36(1), 195-206.
9. de Rassenfosse, G., & van Pottelsberghe de la Potterie, B. (2007). Per un pugno di dollari: A first look at the price elasticity of patents. Oxford Review of Economic Policy, 23(4), 588-604.
10. de Rassenfosse, G., & van Pottelsberghe de la Potterie, B. (2011). On the price elasticity of demand for patents. Oxford Bulletin of Economics and Statistics (in press).
11. European Commission. (2000). Funding of new technology-based firms by commercial banks in Europe. Luxembourg City: European Commission.
12. Fosfuri, A. (2006). The licensing dilemma: Understanding the determinants of the rate of licensing. Strategic Management Journal, 27(12), 1141-1158.
13. Freel, M. (2006). Are small innovators credit rationed? Small Business Economics, 28(1), 23-35.
14. Gambardella, A., Giuri, P., & Luzzi, A. (2007). The market for patents in Europe. Research Policy, 36(8), 1163-1183.
15. Giuri, P., Mariani, M., Brusoni, S., Crespi, G., Francoz, D., Gambardella, A., et al. (2007). Inventors and invention processes in Europe: Results from the PatVal-EU survey. Research Policy, 36(8), 1107-1127.
16. Graham, S., Merges, R., Samuelson, P., & Sichelman, T. (2009). High technology entrepreneurs and the patent system: Results of the 2008 Berkeley patent survey. Berkeley Technology Law Journal, 24(4), 255-327.
17. Guellec, D., van Pottelsberghe de la Potterie, B., & van Zeebroeck, N. (2007). Patent as a market instrument. In D. Guellec & B. de la van Pottelsberghe p. (Eds.), The economics of the European patent system (pp. 85-113). Oxford: Oxford University Press.
18. Haeussler, C., Harhoff, D., & Mueller, E. (2009). To be financed or not...-The role of patents for venture capital financing. Center for Economic Policy Research (CEPR) Discussion Paper 7115. London, UK: CEPR.
19. Hall, B. (2002). The financing of research and development. Oxford Review of Economic Policy, 18(1), 35-51.
20. Hall, B. (2009). The financing of innovative firms. European Investment Bank Papers, 14(2), 8-28.
21. Harhoff, D. (2009). The role of patents and licenses in securing external finance for innovation. European Investment Bank Papers, 14(2), 74-97.
22. Hsu, D., & Ziedonis, R. (2008). Patents as quality signal for entrepreneurial ventures. Academy of Management Best Paper Proceedings.
23. Huston, C. (2004). Survey of IP monetization techniques. IP Today, 11(10), 17.
24. Lemley, M. (2000). Reconceiving patents in the age of venture capital. Journal of Small and Emerging Business Law, 4, 137-148.
25. Lichtenthaler, U. (2007). Corporate technology out-licensing: Motives and scope. World Patent Information, 29(2), 117-121.
26. Mann, R., & Sager, T. (2007). Patents, venture capital and software start-ups. Research Policy, 36(2), 193-208.
27. McClure, I. (2009). Monetizing intellectual property. The Lane Report, 24(2), 30-31.
28. Motohashi, K. (2008). Licensing or not licensing? An empirical analysis of the strategic use of patents by Japanese firms. Research Policy, 37(9), 1548-1555.
29. Myers, J., & Majluf, N. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics, 13(2), 187-221.
30. Nagaoka, S., & Kwon, H. (2006). The incidence of cross-licensing: A theory and new evidence on the firm and contract level determinants. Research Policy, 35(9), 1347-1361.
31. O'Haver, R. (2003). Monetize your intellectual property. Mercer Management Journal, 16, 60-66.
32. OECD (Organization for Economic Co-operation and Development). (2005). Background report to the international conference in IP as an economic asset. Paris: OECD.
33. Ortega-Argilés, R., Vivarelli, M., & Voigt, P. (2009). R&D in SMEs: A paradox? Small Business Economics, 33(1), 3-11.
34. Roodman, D. (2009). Estimating fully observed recursive mixed-process models with cmp. Center for Global Development (CGD) Working Paper 168. Washington, D. C.: CGD.
35. The Economist. (2005). A market for ideas. The Economist, 377(8449), Special section (22 Oct), 3-6.
36. van Pottelsberghe de la Potterie, B. (2009). Lost property: The European patent system and why it doesn't work. Brussels: Bruegel Blueprint Series, IX.
37. Yanagisawa, T., & Guellec, D. (2009). The emerging patent marketplace. Organization for Economic Co-operation and Development (OECD) STI Working Paper 2009/9. Paris: OECD.
38. Zuniga, M., & Guellec, D. (2009). Who licenses out patents and why? Lessons from a business survey. Organisation for Economic Co-operation and Development (OECD) STI Working Paper 2009/5. Paris: OECD.