Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology … producers. In this paper I discuss how patent pools can be used to solve these problems and what incentives patent holders have … to form a patent pool. I offer some suggestions how competition authorities can foster the formation of welfare …

Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms' R&D incentives depend on whether … they license ex ante or ex post. We develop a model of a patent portfolio race, which allows for endogenous R&D efforts, to … likely to avoid patent portfolio races, since the threat of hold-up increases. On the other hand, more valuable technologies …

licensing occurs in a way that eliminates the strategic benefits of R&D investment in the export oligopoly game. Nevertheless …

the strategic benefits of R&D investment in the subsequent oligopoly game. Nevertheless, governments subsidize their …

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

and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … export and innovation activities to become substitutes although they are generally natural complements. …

earnings for a patent grant and for highly-cited patents a longer-lasting premium of 30% in earnings three years later. Similar … medium-term premia accrue to inventors who initially hold the patent rights, although they forego earnings at the time of the …

This paper revisits the standard analysis of licensing a cost reducing innovation by an outside innovator to a Cournot …

This paper studies the innovation dynamics of an oligopolistic industry. The firms compete not only in the output … incentives for innovation at subsequent dates. Over time the industry equilibrium approaches a steady state. The paper … characterizes the evolution of the industry's innovation behavior and its market structure on the adjustment path. …