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Contractual Implications of International Trade in Tacit Knowledge

[journal article]

Mendi, Pedro

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Abstract This paper searches for evidence on the additional difficulty the parties have in contracting for the transfer of know-how relative to the transfer of patented technology. A sample of contracts for the acquisition of technology by Spanish firms in 1991 is analyzed to find a positive relationship between contract duration and the likelihood of transferring know-how in unaffiliated transfers. It is also found that technical assistance is bundled together with the transfer of know-how, suggesting that the parties try to mitigate opportunistic behavior on the licensor’s side.
Document language English
Publication Year 2007
Page/Pages p. 1173-1183
Journal Applied Economics, 39 (2007) 9
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)