• Exploiting Valuable Knowledge: Appropriation Problems, Uncertainty and the Value ofLicensing Agreements
  • 1. Introduction
  • 2. Theoretical Background
  • 2.1. Exploiting knowledge through licensing
  • 2.2. The life cycle of a licensing contract: A two stage model
  • 2.3. Stage one: Negotiation period
  • 2.4. Stage two: Contract period
  • 2.5. Hypotheses
  • 3. Empirical results
  • 3.1. Data collection and transformation
  • 3.2. Variables
  • 3.3. Sample description
  • 3.4. Multivariate analysis
  • 4. Discussion
  • 5. Conclusions and further research