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政大典藏 > College of Commerce > Department of Statistics > Periodical Articles > Item 140.119/78424

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/78424

Title:	Technology royalty as a strategic impetus in knowledge exchange
Authors:	Kuo, Beryl Lihua;Sher, Peter J.;Lin, Chien-Hsin;Shih, Hsin-Yu 郭麗華;佘日新;林建信;施信佑
Contributors:	創新與創造力研究中心;科管智財所
Keywords:	knowledge exchange;knowledge tacitness;learning potential;recipient dependence;royalty payment
Date:	2012-03
Issue Date:	2015-09-14 16:33:43 (UTC+8)
Abstract:	Joint ventures and technology licensing can involve contracting and royalty-based payments. Payment behavior is not a simple consequence; it may be a strategic impetus to exchange knowledge. Extending the transaction cost economics, this study examines the effects of non-contractible variables on the strategic preference for payment modes. We test hypotheses using information from a survey of 104 Taiwanese firms and partial least square (PLS) analysis to examine the payment behavior in a technology licensing contract. Considering knowledge tacitness, the licensed technology incurring high transaction costs reduces the source intention to build long-term relationship with the recipient, and thus a fee-based payment is preferred. When shifting the focus of technology or knowledge per se to the heterogeneity of technology recipients, relationship exchange embedded in recipient dependence and learning potential becomes critical in a technology licensing contract, and increase the likelihood of royalty-based payment. INSET: EXHIBIT 1: THE EXAMPLE OF TAIWANESE TFT-LCD INDUSTRY.
Relation:	Innovation: Management, Policy & Practice, 14(1), 59-73
Data Type:	article
Appears in Collections:	[Department of Statistics] Periodical Articles

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