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Article
The Role of Information in Licensing Contract
Research Policy (1996)
  • Ines Macho-Stadler, Universitat Autonoma de Barcelona
  • Xavier Martinez-Giralt, Universitat Autonoma de Barcelona
  • David Perez-Castrillo, Universitat Autonoma de Barcelona
Abstract

This paper analyzes the contract terms of licensing agreements, based on a sample of contracts of transmission of technology between Spanish and foreign firms. It also presents a model that is in accordance with some stylized facts. We will focus our attention on the elements which explain the contract terms. In particular we analyze the consequences of the inclusion of know-how in the license agreement on the contract terms.

Keywords
  • Licensing Contracts,
  • Moral Hazard,
  • Know-how
Disciplines
Publication Date
December, 1996
Citation Information
Ines Macho-Stadler, Xavier Martinez-Giralt and David Perez-Castrillo. "The Role of Information in Licensing Contract" Research Policy Vol. 25 Iss. 1 (1996)
Available at: http://works.bepress.com/xavier_martinez_giralt/6/