royalty-free licensing is negatively associated with disclosure requirements, and the relationship between concessions and …

This paper is a study of licensing in a patent thicket. In a patent thicket licensing allows firms to avoid hold-up. It …. Building on a model of a patent portfolio race, firms' choice between these types of licensing contracts is modelled. We find … that firms' relationships in product markets and technology space jointly determine the type of licensing contract chosen …

Markets for technology can promote innovation by allowing for division of labor in research and development. Some firms … of competition between potential buyers has countervailing effects on this condition. An empirical analysis of licensing …

Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives depend on whether … study firms’ choice between ex ante and ex post licensing. The model shows that firms’ relationships in product markets and … technology space jointly determine the type of licensing contract chosen. In particular, product market competitors are more …

are known to all parties. When royalty payments are increasing in one’s patent portfolio, private information about the …

Using data on U.S. universities, we show that universities that give higher royalty shares to faculty scientists … pre-sample data on university patenting to control for the potential endogeneity of royalty shares. We find that …, and local development objectives of technology license offices. Royalty incentives work both by raising faculty effort and …

holder and a downstream producer solves the double mark-up problem between these firms. Nevertheless, it may raise royalty … complements problem but not the double mark-up problem. Vertical integration discourages entry and reduces innovation incentives …, while horizontal integration always encourages entry and innovation. …

We study the impact of incentive pay, local development objectives and government constraints on university licensing … performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together … pay than public ones, but ownership does not affect licensing performance conditional on the use of incentive pay …

Baumol have suggested that "the concept of a ‘reasonable’ royalty for purposes of RAND licensing must be defined and … implemented by reference to ex ante competition." In their opinion, a royalty should be deemed 'reasonable' when it approximates … the outcome of an ex ante auction process where IP owners submit RAND commitments coupled with licensing terms and …

Re-licensing requirements for professionals that move across borders are widespread. In this Paper, we measure the …-training assignment rule used by the Israel Ministry of Health pro- ides an exogenous source of variation in re-licensing outcomes … due to occupational entry restrictions and negative selection into licensing status. We develop a model of optimal license …