Siebert, Ralph Bernd; Graevenitz, Georg von - Volkswirtschaftliche Fakultät, … - 2010
Licensing can be a solution for hold-up in patent thickets. In this paper we study whether licensing is an effective … solution for hold-up. To do this we distinguish between ex ante and ex post licensing. A theoretical model shows that firms …’ expectations of blocking in a patent thicket determine whether they license ex ante while ex post licensing arises if expected …