Please use this identifier to cite or link to this item:
https://repositorio.insper.edu.br/handle/11224/4305
Type: | Artigo Científico |
Title: | On the survival of contracts: assessing the stability of technology licensing agreements in the brazilian seed industry |
Author: | Zylbersztajn, Decio Lazzarini, Sergio Giovanetti |
Publication Date: | 2003 |
Abstract: | The present study focuses on contract duration as defined ex post, meaning that the “survival” of contractual relationships is observed over time. Our empirical study employs hazard rate models with time-varying covariates, using data from technology licensing contracts between seed companies and a governmental R&D organization in Brazil, EMBRAPA. We find evidence that rates of contract termination (1) decrease with the level of quasi-rents available in the relationship; (2) decrease as a function of past satisfactory outcomes; (3) increase with the extent of disturbances affecting the technology’s demand; and, other things being equal, (4) increase (rather than decrease) over time. |
Keywords (english terms): | Contract duration Transaction cost economics Self-enforcement Technology licensing |
Language: | Inglês |
CNPq Area: | Ciências Sociais Aplicadas |
URI: | https://www.sciencedirect.com/science/article/pii/S0167268103001653 |
Copyright: | O INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITOR. |
Appears in Collections: | Coleção de Artigos |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
R_2005_Artigo_On the survival of contracts_TC.pdf | R_2005_Artigo_On the survival of contracts_TC | 136.23 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.