Over the past decades, firms have constantly struggled to deal effectively with their rapidly changing environment. Especially in high tech industries, costs of R&D have rocketed, whereas steep learning curves and ever shortening product and technology life cycles have reduced the time to recoup...

This paper examines the speed and its determinants of technological learning of licensing firms in developing countries. There is a wealth of research on technological learning in developing countries, but few scholars have clearly addressed the issue learning time in an empirical way. This...