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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
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10003935649
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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 …
Persistent link: https://www.econbiz.de/10011285324
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Optimal bid disclosure in license auctions with downstream interaction
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2014
The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning bid and stressed that this gives firms an incentive to signal strength through their bids, to the benefit of the innovator. In the present paper we examine whether revealing...
Persistent link: https://www.econbiz.de/10010378352
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Licensing innovations: The case of the inside patent holder
Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - 2015
The present paper reconsiders the inside innovators' licensing problem under incomplete information. Employing an …
Persistent link: https://www.econbiz.de/10011350826
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Auctioning Process Innovations when Losers' Bids Determine Royalty Rates
Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - 2009
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to …
Persistent link: https://www.econbiz.de/10010333873
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Licensing a common value innovation when signaling strength may backfire
Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - 2010
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10010334125
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Optimal bid disclosure in license auctions with downstream interaction
Fan, Cuihong; Jun, Byoung Heon; Wolfstetter, Elmar G. - 2014
The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning bid and stressed that this gives firms an incentive to signal strength through their bids, to the benefit of the innovator. In the present paper we examine whether revealing...
Persistent link: https://www.econbiz.de/10010427157
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Research joint ventures, optimal licensing, and the R&D subsidy policy
Fan, Cuihong; Wolfstetter, Elmar - In: The B.E. journal of theoretical economics 8 (2008) 1, pp. 1-17
Persistent link: https://www.econbiz.de/10009522051
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Licensing process innovations when losers' messages determine royalty rates
Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar G. - In: Games and economic behavior 82 (2013), pp. 388-402
Persistent link: https://www.econbiz.de/10010242291