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Licensing is one of the major sources of international technology transfer to developing countries. This paper … clarifies how strengthening intellectual property rights (IPRs) affect innovation and licensing by making use of a quality … technology transfers in both the long run and the short run if IPR protection greatly reduces the negotiation cost of licensing. …
Persistent link: https://www.econbiz.de/10005828382
innovation and technology transfer using a North-South quality ladder model where licensing is the main mode of technology …
Persistent link: https://www.econbiz.de/10005828392
This study develops a new model-free benchmark of implied volatility for the Japanese stock market similar in construction to the new VIX based on the S&P 500 index. It also examines the stochastic dynamics of the implied volatility index and its relationship with realized volatility in both...
Persistent link: https://www.econbiz.de/10005248639
licensing as a major source of international technology transfer in developing countries. Examining the dynamic characteristics … licensing agreement with a given effort and an increase in the license fee rate. The model shows that the former promotes …
Persistent link: https://www.econbiz.de/10005710063