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Managing Intellectual Capital: Licensing and Cross-Licensing in Semiconductors and Electronics

Grindley, Peter C., Teece, David J.·1997·California Management Review

Abstract

Innovation and the management of intellectual capital are playing an increasingly important role in competition in high-technology industries. To operate in markets where innovation is cumulative, such as in electronics and semiconductors, firms frequently need to engage in extensive licensing and cross-licensing. This need is amplified by recent increases in the strength of patent protection and by the more active licensing stance of intellectual property owners. A high-quality patent portfolio not only reflects the firm's inventive capacity, but may significantly increase its crosslicensing bargaining ability and reduce royalty payments. In addition, it may directly contribute to its product and process innovation.

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Metadata

Authors
Grindley, P. C., & Teece, D. J.
Venue
California Management Review
Published
1997-01
Volume
39
Issue
2
Pages
8-41
ISSN
  • 0008-1256 (ISSN-L)
  • 2162-8564
OpenAlex
W2597254820
Cited by
866
References
0
FWCI
33.36
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Managing Intellectual Capital: Licensing and Cross-Licensing in Semiconductors and Electronics. https://app.cochat.ai/papers/10.2307/41165885
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Grindley, P. C., & Teece, D. J. (1997). Managing Intellectual Capital: Licensing and Cross-Licensing in Semiconductors and Electronics. California Management Review. https://doi.org/10.2307/41165885

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.