simultaneous R&D contests for complementary patents and how they interact with patent portfolios that firms may have acquired …Where product innovation requires several complementary patents, fragmented property rights can be a factor that limits … already. We also consider how this interaction and the intensity of the contests depends on the type of patent trade regimes …

We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …

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 …

This paper revisits the standard analysis of licensing a cost reducing innovation by an outside innovator to a Cournot … oligopoly. We propose a new mechanism that combines elements of a license auction with royalty licensing by granting the losers … licensing without reducing bidders' surplus; therefore, it is more profitable than both standard license auctions and pure …

The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an …

Perfectly discriminating contests (or all pay auction) are widely used as a model of situations where individuals … devote resources to win some prize. In reality such contests are often preceded by investments of the contestants into their …