Research Policy 2013

Patent Trading Flows of Small and Large Firms

Nicolás Figueroa¹; Carlos J. Serrano^2,3

¹ Pontificia Universidad Católica de Chile · ² Universitat Pompeu Fabra · ³ Barcelona School of Economics

Abstract

This article provides new evidence on the patent trading flows of small and large firms. We document aggregate patterns of patent sales and acquisitions of small and large firms. We also examine the extent to which the initial innovator's and the potential buyers’ prior knowledge stocks in the same technology area and in geographical proximity with a patented invention are associated with the likelihood that the patent is sold, and whether the patent sold is bought by a small or large firm. To do so, we develop a dataset that matches patent sales and information on whether transacted patents are owned by small or large firms following a patent sale.

DOI

10.1016/j.respol.2019.03.002

Sources

semanticscholar openalex

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APA 7 MLA 9 Chicago (author–date) Harvard Elsevier Harvard (JFE, JBF…) The Accounting Review Academy of Management American Marketing Association INFORMS (Management Science) Copy citation Copied ✓