Title: The cost of technology licensing and the transfer of technology

Authors: Howard Pack

Addresses: Department of Public Policy and Management, The Wharton School, University of Pennsylvania, Pennsylvania, USA

Abstract: The paper analyses the role of technology licensing in the industrial development of poor countries and the degree to which the prices they pay for technology agreements are excessive. It is argued that in the early stages of industrial development, licensing agreements in industrially advanced sectors are not relevant to the bulk of poor countries. As countries enter into more advanced sectors, technology licensing agreements become more important. Whether poor nations pay excessive amounts for technology transfers is analysed and shown to depend on differing perceptions between licensors and licensees of the appropriate price.

Keywords: technology transfer; technology licensing; industrial productivity.

DOI: 10.1504/IJTTC.2002.001774

International Journal of Technology Transfer and Commercialisation, 2002 Vol.1 No.1/2, pp.1-21

Published online: 18 Aug 2003 *

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