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How Much of Barrier to Entry is Occupational Licensing?

Blair, Peter Q. - 2018

We exploit state variation in licensing laws to study the effect of licensing on occupational choice using a boundary … discontinuity design. We find that licensing reduces equilibrium labor supply by an average of 17%-27%. The negative labor supply … effects of licensing appear to be strongest for white workers and comparatively weaker for black workers …

Persistent link: https://www.econbiz.de/10012907764

Quantity Controls, License Transferability, and the Level of Investment

Krishna, Kala; Ranjan, Ram; Tan, Ling-hui - 2022

This paper models investment/entry decisions in a competitive industry that is subject to a quantity control on an input for production. The quantity control is implemented by auctioning licenses for the restricted input. The paper shows that liberalizing the quantity control could reduce...

Persistent link: https://www.econbiz.de/10013308460

Negotiating for the Market

Gans, Joshua - 2014

In a dynamic environment where underlying competition is "for the market," this paper examines what happens when entrants and incumbents can instead negotiate for the market. For instance, this might arise when an entrant innovator can choose to license to or be acquired by an incumbent firm;...

Persistent link: https://www.econbiz.de/10013046155

Dynamic Supplier Contracts under Asymmetric Inventory Information

Zhang, Hao; Nagarajan, Mahesh; Sosic, Greys - 2010

In this paper, we examine a supply chain in which a single supplier sells to a downstream newsvendor-type retailer. We make two assumptions that enrich this simple and well-understood model. First, we consider a multi-period model, in which the sequence of events is as follows. In a period, t,...

Persistent link: https://www.econbiz.de/10014047671

Ownership Concentration and Strategic Supply Reduction

Doraszelski, Ulrich - 2017

We explore the implications of ownership concentration for the recently-concluded incentive auction that re-purposed spectrum from broadcast TV to mobile broadband usage in the U.S. We document significant multi-license ownership of TV stations. We show that in the reverse auction, in which TV...

Persistent link: https://www.econbiz.de/10012965439

Standard-Essential Patents

Lerner, Josh - 2015

A major policy issue in standard setting is that patents that are ex-ante not that important may, by being included into the standard, become standard-essential patents (SEPs). In an attempt to curb the monopoly power that they create, most standard-setting organizations require the owners of...

Persistent link: https://www.econbiz.de/10013034678

The Effects of Downstream Competition on Upstream Innovation and Licensing

de Bettignies, Jean-Etienne - 2018

includes selecting how much innovation to produce and whether to license this innovation to one (targeted licensing) or both … (market-wide licensing) downstream competitors. Our model points to a U-shaped relationship between downstream competition and … upstream innovation: at low levels of competition, market-wide licensing is optimal and competition reduces innovation, while …

Persistent link: https://www.econbiz.de/10012909132

Transferability of Migration Licenses and the Distribution of Potential Rents

Bivins, Laura L.; Krishna, Kala - 2021

This paper compares the effects of migration restrictions using licenses which are freely traded in a competitive labor market to those that occur when licenses are allocated to firms who are not permitted to trade them. There is reason to expect that a policy of making licenses non-transferable...

Persistent link: https://www.econbiz.de/10013218800

Are There Real Effects of Licensing on Academic Research? A Life Cycle View

Thursby, Marie; Thursby, Jerry G.; Gupta-Mukherjee, Swasti - 2021

Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle …, early and more time to leisure as they age. Licensing has real effects by increasing the ratio of applied to basic effort … the stock of knowledge, licensing reduces research output, but if applied effort leads to publishable output as well as …

Persistent link: https://www.econbiz.de/10013225584

The Geographic Reach of Market and Non-Market Channels of Technology Transfer : Comparing Citations and Licenses of University Patents

Mowery, David C.; Ziedonis, Arvids A. - 2021

incomplete nature of licensing contracts and the need for licensees to maintain access to inventor know-how for many university …

Persistent link: https://www.econbiz.de/10013225808