Article

The Journal of Technology Transfer

, Volume 38, Issue 5, pp 699-715

Open Access This content is freely available online to anyone, anywhere at any time.

The impact of licensed-knowledge attributes on the innovation performance of licensee firms: evidence from the Chinese electronic industry

  • Yuandi WangAffiliated withBusiness School of Sichuan University, Sichuan UniversityDTU Executive School of Business, Technical University of Denmark
  • , Zhao ZhouAffiliated withCenter for Technology and Innovation Management, Leiden University Email author 
  • , Jason Li-YingAffiliated withDTU Executive School of Business, Technical University of Denmark

Abstract

In this article, we provide a compelling case for demonstrating “learning-by-licensing,” and we further investigate the moderating effect of specific licensed-knowledge attributes on the innovation performance of licensee firms. This case is based on a unique dataset from the China State of Intellectual Property Office regarding technology-licensing activities and spanning the years 2000–2010. Using this dataset we make a longitudinal analysis of the lagging learning effect that transferee firms experience when they in-license technology. The empirical results from 71 Chinese electronic-industry firms reconfirm the concept of “learning-by-licensing.” Moreover, the results also indicate that both technology complexity and technology generality, which are attributes of licensed knowledge, have positive moderating effects on the relationship between technology in-licensing and the subsequent innovation performance of licensee firms. However, such a positive moderating effect was not found for the newness of technology.

Keywords

Technology licensing Knowledge attributes Technological learning Innovation performance China

JEL Classification

L2 L24 L25