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 …

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

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 …

Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms' R&D incentives depend on whether … study firms' choice between ex ante and ex post licensing. The model shows that firms' relationships in product markets and … technology space jointly determine the type of licensing contract chosen. In particular, product market competitors are more …