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Google™ Scholar. Others By: Arora, Ashish - Fosfuri, Andrea
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Title: The market for technology in the chemical industry: causes and consequences
Author(s): Arora, Ashish
Fosfuri, Andrea [fosfuri]
Publisher: Éditions Techniques et Economiques
Issued date: 2000
Citation: Revue d'economie industrielle, nº 92, pp. 317-334, 2000
URI: http://hdl.handle.net/10016/13809
ISSN: 0154-3229
DOI: http://dx.doi.org/10.3406/rei.2000.1054
Abstract: The chemical industry provides a good example of the existence and functioning of a market for technology. This paper suggests that, in chemicals, patents have played a key role in facilitating the purchase and sale of technology. However, patents alone would not be sufficient for the rise of a market for technology. We suggest that the presence of specialized engineering firms has contributed to make chemical technology more widespread and has forced the large chemical corporations to modify their technology strategies. Empirical evidence is provided using a large database on worldwide investments in chemical plants during the 1980s.
Sponsor: Financial support from the The European Commission throught the TSER program, contact SOE1-CT97-1059
Publisher version: http://www.persee.fr/web/revues/home/prescript/article/rei_0154-3229_2000_num_92_1_1054
Keywords: Chemical industry
Licensing
Market for technology
Appears in Collections:Economists Online
DEE - Artículos de Revistas

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