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co-existence of company-owned units and franchised units in a franchise company. It adopts and extends important features …
Persistent link: https://www.econbiz.de/10005102696
We examine a firm that can license its production technology to a rival when firms are heterogeneous in production costs. We show that a complete technology transfer from one firm to another always increases joint profit under weakly concave demand when at least three firms remain in the...
Persistent link: https://www.econbiz.de/10009319235
Markets are often characterized with firms of differing capabilities with more efficient firms licensing their … the partner have on this licensing.  We find that a partial technology transfer can be the joint-profit minimizing …
Persistent link: https://www.econbiz.de/10008461350