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develop software, either as OS or CS, or as a an OS-CS-mix if the license allows. In stage two, firms bundle this with … is a strategic substitute to OS and vice versa. 2.) The type of OS-license plays a crucial role: only if the license …
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The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an optimal mechanism design approach, we show that, contrary to what is claimed in the literature, the optimal mechanism may prescribe fixed fees, royalty rates lower than the cost...
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