the new product using the normatively appealing Nash bargaining solution (see Nash, 1950). In our model the disagreement … payoffs endogenously depend on the contest outcome. More precisely, a bargaining advantage is given to the leading worker in …

We consider the problem of bargaining over the disclosure of interim research knowledge between two participants in an … of the surplus arising from disclosure. In her sequential-offers bargaining games, the uninformed buyer is able to elicit …

We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to …

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

uncertainty, firms frequently engage in R&D collaborations, e.g., Research Joint Ventures (RJVs), and licensing agreements. While … RJVs are well explored in the literature, very little is known about the use of licensing agreements. Building on a novel … database which includes licensing agreements in the semiconductor industry between 1989 and 1999, we estimate a bivariate …

Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms' R&D incentives depend on whether … study firms' choice between ex ante and ex post licensing. The model shows that firms' relationships in product markets and … technology space jointly determine the type of licensing contract chosen. In particular, product market competitors are more …