We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to … the royalty rate. We derive conditions for existence of a separating equilibrium, explain why a sufficiently high reserve …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing … scheme that combines a first-price license auction with royalty contracts for losers. Prior to bidding firms observe … high royalty rate. We provide sufficient conditions for existence of monotone bidding strategies and for the profitability …

This paper revisits the licensing of a non-drastic process innovation by an outside innovator to a Cournot oligopoly …. We propose a new mechanism that combines a restrictive license auction with royalty licensing. This mechanism is more … profitable than standard license auctions, auctioning royalty contracts, fixed-fee licensing, pure royalty licensing, and two …

We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to … the royalty rate. We derive conditions for existence of a separating equilibrium, explain why a sufficiently high reserve …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing … scheme that combines a first-price license auction with royalty contracts for losers. Prior to bidding firms observe … high royalty rate. We provide sufficient conditions for existence of monotone bidding strategies and for the profitability …

This paper revisits the standard analysis of licensing a cost reducing innovation by an outside innovator to a Cournot … oligopoly. We propose a new mechanism that combines elements of a license auction with royalty licensing by granting the losers … royalty licensing. We also take into account that the number of licenses must be an integer, which is typically ignored in the …

In the literature of patent licensing, most of the studies are done where new technology is transferred from a cost … situation of patent licensing where the technology transfer takes place from an innovative firm, which is relatively inefficient … in terms of cost of production to its cost-efficient rival. We look for optimal licensing arrangements in this …

We show that both the outside and inside innovators license a new product (or drastic process innovation) to all … of our analysis is that a monopolist producer may prefer technology licensing in a homogeneous goods industry. We also … show that an inside innovator’s incentive for innovation may be higher than that of an outside innovator. Copyright …