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Per unit vs. ad valorem royalty licensing
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - In: Economics letters 170 (2018), pp. 71-75
Persistent link: https://www.econbiz.de/10012019674
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Licensing innovations : the case of the inside patent holder
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2015
The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an optimal mechanism design approach, we show that, contrary to what is claimed in the literature, the optimal mechanism may prescribe fixed fees, royalty rates lower than the cost...
Persistent link: https://www.econbiz.de/10011285324
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Optimal licensing under incomplete information : the case of the inside patent holder
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - In: Economic theory : official journal of the Society for … 66 (2018) 4, pp. 979-1005
Persistent link: https://www.econbiz.de/10012010928
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Auctioning process innovations when losers' bids determine royalty rates
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2010
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to …
Persistent link: https://www.econbiz.de/10003935644
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Licensing a common value innovation when signaling strength may backfire
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2010
scheme that combines a first-price license auction with royalty contracts for losers. Prior to bidding firms observe …
Persistent link: https://www.econbiz.de/10003935649