. First, the SEP holder and the social planner tend to choose the licensing level that, other things being equal, minimizes … planner. These two factors make it likely that the SEP holder chooses the efficient level of SET licensing. …

harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … telecommunications equipment industry, suggesting that compulsory licensing without structural remedies is ineffective in ending market …

uncertainty, firms frequently engage in R&D collaborations, e.g., Research Joint Ventures (RJVs), and licensing agreements. While … RJVs are well explored in the literature, very little is known about the use of licensing agreements. Building on a novel … database which includes licensing agreements in the semiconductor industry between 1989 and 1999, we estimate a bivariate …

input to an external firm, transforming the licensee into its input supplier. We find that the incumbent opts for licensing … even when licensing also transforms the licensee into one of its direct competitors in the final products market. In fact … faces, it reinforces, instead of weakens, the licensing incentives. Furthermore, the licensee's entry augments the positive …

(RJV), non-cooperative RJV and licensing. In the cooperative (non-cooperative) RJV, the firms (do not) internalize R …&D spillovers. We show that, for the domestic firm, the cooperative RJV dominates and licensing is the least desirable alternative …. Although licensing is dominant for the foreign firm, it is not implementable. Both RJVs are implementable. While the non …

In the pharmaceutical industry, firms frequently engage in licensing agreements to overcome innovation challenges and … keep up with the pace of developing new drugs. Licensing helps firms jointly develop new drugs and acquire external … knowledge, which helps improve their internal drug development capability. Our study examines the dynamic effects of licensing …

technology, and the importance of creative re-use and new licensing and business models. We then set out avenues for further … technology that enables algorithmic licensing, and copyright issues related to software, data and artificial intelligence. …