Giebe, Thomas; Wolfstetter, Elmar - 2007 - April (revised) 2007
This paper revisits the licensing of a non-drastic process innovation by an outside innovator to a Cournot oligopoly …. We propose a new mechanism that combines a restrictive license auction with royalty licensing. This mechanism is more … profitable than standard license auctions, auctioning royalty contracts, fixed-fee licensing, pure royalty licensing, and two …