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We show the welfare effects of entry in presence of technology licensingunder Cournot competition. If the entrant is …
Persistent link: https://www.econbiz.de/10005868772
This paper considers the effects of entry in the final goods market when the input market is imperfectly competitive. We show that entry of a new firm may increase profit of the incumbent if the technology of the entrant is sufficiently inferior to that of the incumbent...
Persistent link: https://www.econbiz.de/10005868787
incentive for entry and thus, increases competition. If technology of the incumbent and entrant is sufficiently close, licensing …
Persistent link: https://www.econbiz.de/10005868809
competition policy... …
Persistent link: https://www.econbiz.de/10005868907