influenced and informed the planning and licensing policies and regulations affecting such clubs, and discusses some of the …

Licensing promotes technology transfer and innovation, but enforcement of licensing contracts is often imperfect. We … explore the implications of weak enforcement of contractual commitments on the licensing conduct of firms and market …

This paper develops an incomplete contract model of the licensing relationship that is susceptible to the moral hazard … problem. The optimal contractual form of licensing derived in the model generates predictions that seem to be consistent with … royalty contracts in the licensing relationship. Moreover, the model is able to relate the size of the royalty rate to the …

Intellectual Property patent database, and the Licensing Activity Survey conducted by the University of Tokyo. In this paper, we … use a two-step model to estimate a firm's licensing propensities; the first step estimates the determinants of potential … licensors (willingness to license) and the second step identifies the factors of the actual licensing out of technology …

leaders combined patents and secrecy to deter entry. Patents were also used to within cartels to organize technology licensing … chemical producers use licensing as an important means of generating revenue from process innovations. The increased importance … of technology licensing is closely related to the emergence of a class of specialized process design and engineering …

model that helps understand how licensing activity should be organized within large corporations. More specifically, we … compare decentralization—where the business unit using the technology makes licensing decisions—to centralized licensing. The … business unit has superior information about licensing opportunities but may not have the appropriate incentives because its …