We propose an empirical framework for studying the prevalence of business creation and business stealing in technology transfers from the effect of technological overlap and product market overlap. We estimate the model on a new dataset that tracks interactions in the market for technology between publicly held US companies. Product market overlap has a negative effect on matching patterns that is suggestive of business stealing while technological proximity has a positive effect that is consistent with business creation. We assess the relevance of IP rights in deterring undesirable technology adoptions and discuss the suitability of alternative strategies of technology exchange.

中文翻译：

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技术市场中的企业匹配：业务窃取和业务创造*

我们提出了一个实证框架，用于从技术重叠和产品市场重叠的影响来研究技术转让中业务创造和业务窃取的普遍性。我们在一个新数据集上估计了模型，该数据集跟踪美国上市公司之间技术市场上的互动。产品市场重叠对匹配模式产生负面影响，暗示业务窃取，而技术接近性则对业务创造产生积极影响。我们评估知识产权在阻止不良技术采用方面的相关性，并讨论技术交换替代策略的适用性。