Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical …-up threats. Backward references in firm's patent portfolio indicate potential technology suppliers. I find a negative effect of … characteristics of the downstream firm. -- Market for Technology ; Complementary Assets ; Transaction Costs ; Patent Thickets …

technology competition increases which is in line with the argument that licensing can mitigate hold-up problems in technology … markets. -- Licensing ; blocking patents ; discrete and complex technologies ; technology competition …

acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand …-based view of the firm, we analyze the importance of these two faces of technology acquisition for the valuation of a target firm …'s patents, especially if blocking patents are in technology fields related to the acquiring firm's patent portfolio. Our results …

to the increasing relative skill demand in other countries. So far, the role of skill-biased technology diffusion has … (covering manufacturing and service industries) and 13 years (1995-2007), the analysis shows that skill-biased technology …