Is Licensing An Effective Alternative for Achieving Commercial Benefits of Rd R
Is Licensing An Effective Alternative for Achieving Commercial Benefits of Rd R
Edward Baer Roberts
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Many of these ideas are suggested as possible areas for patenting, and out of productive R&D organizations many of the suggested ideas are filed as the bases for patent applications. Most applications eventually result in patents, yet few of the patents that are issued are ever licensed. And few of the licenses that are negotiated generate much income, certainly not much from the perspective of the originating firm. Of course, these re- sults differ widely by industry as well as by originating ...country. For example, the electronics and mechanical fields tend to be heavily in agreement with Table I's specifications, whereas industries such as chemicals and pharmaceut- icals, perhaps food, are areas where these comments are less true. Indeed, process licensing for chemicals, pharmaceuticals and food does generate signi- ficant income for a number of firms. Figure 2 begins the display of some data to back up these observations, = 23. 7 KEAS/lOO TECHMICA BPLOYESAEAR s CD i 20 ^0 60 80 100 120 \kQ 160 I80 200 210 Ideas Per Year Figure 2.
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