Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 24 August 2019

Abstract and Keywords

This article focuses on the peculiarities of technology markets and on the firms’ incentives to participate in these markets. It illustrates the differences in the size and importance of the market for technology across different countries, industries, and firms, and reports the available evidence on some forms of technology transactions like patent licensing, cross-licensing, and sale. The central focus is on the firms’ strategies in technology markets, and particularly on the reasons why established companies and small and new firms license their technology to others, sometimes even to potential or actual rivals. This article underlines that markets for technology are becoming larger and more diffused, although their future growth depends on the existence of several barriers to technology trade and on a more substantial involvement of large firms.

Keywords: Technology markets, patents, licensing, cross-licensing, patent sale, large firms, small firms, barriers to trade

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.