Despite the important insights it has provided, technology licensing literature remains restrictive by not allowing … contrast to the existing works, the consumers are better off under royalty licensing compared to auction (or fixed …-fee licensing) if the number of potential licensees is sufficiently large. It follows from our analysis that a combination of fixed …

We show the effects of product differentiation and competition on technology licensing by an outside innovator. Both … the innovator and the society are better off under royalty licensing compared to auction (or fixed-fee) if the number of … between product differentiation and the minimum number of potential licensees that is required to make royalty licensing …

The technology licensing literature has completely dominated by the assumption of constant returns to scale technology … Microeconomics literature, in general. We show that an “outside innovator” and the society may prefer royalty licensing compared to … auction (or fixed-fee licensing) under convex costs. There can also be conflicting interests between the innovator and the …

We show that, for licensing by an outside innovator in a Cournot oligopoly, royalty licensing can generate higher … payoff to the innovator than the fixed-fee licensing and auction if the labor market is unionized. This result holds …