San Martín Lizarralde, Marta; Torre, Saracho de la; … - Departamento de Fundamentos del Análisis Económico I, … - 2012
Most of the patent licensing agreements that are observed include royalties, in particular per-unit or ad valorem royalties. This paper shows that in a differ entiated duopoly that competes á la Cournot the optimal contract for an internal patentee always includes a positive royalty. Moreover,...