R&D as they increase efficiency in licensing. However, they may reduce expected profits of inventors who have the unique …

an intellectual property clearinghouse that reduces transaction costs associated with licensing. We show that this causes …

systems promote downstream use of innovations by economizing on search and transaction costs in licensing, as well as … multilateral licensing. We compare and classify different systems in terms of their features, review some existing systems, and …

an intellectual property clearinghouse that reduces transaction costs associated with licensing. We show that this causes …