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Are patent brokers a possible first best?

Author

Listed:
  • Mario BENASSI
  • Daniela CORSARO
  • Guido GEENEN

Abstract

Licensing and reassignment of patents occur either directly or with the assistance of a patent broker. Building forth on previous research on the topic, we investigate under which conditions patent brokers can be a first best. First, we discuss structural reasons that can make patent brokers a preferable option in extracting value from patents. Second, we argue that patent brokers do have specific competences that make their presence necessary. By discussing most relevant managerial theories, we formulate specific hypotheses to be tested empirically. We also offer thoughts on a possible research design as to investigate patent brokers.

Suggested Citation

  • Mario BENASSI & Daniela CORSARO & Guido GEENEN, 2010. "Are patent brokers a possible first best?," Departmental Working Papers 2010-11, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    • Handle: RePEc:mil:wpdepa:2010-11
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    Citations

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    Cited by:

    1. Jin Bih-Huang & Chun-Yu Chu, 2015. "The Value Creation Model Of Patent Market Intermediaries," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 9(2), pages 75-86.

    More about this item

    Keywords

    Management; Technological Innovation; R&D;
    All these keywords.

    JEL classification:

    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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