Showing 1 - 10 of 5,270
role of the effect of pooling on innovation. The focus of this paper is on (downstream) product development and …
Persistent link: https://www.econbiz.de/10014178239
We extend the Kamien and Tauman model of patent licensing by introducing heterogeneous licensees that differ in their marginal costs using the licensed technology. We show that price discrimination does not necessarily ensure an efficient allocation of licenses. Moreover, it is possible that...
Persistent link: https://www.econbiz.de/10012708047
We consider licensing with a patent competition for a non-drastic process innovation among firms competing in a Cournot …
Persistent link: https://www.econbiz.de/10012999257
social welfare, and promotes upstream innovation as licensing revenue is increased. In an extended model with each licensor …
Persistent link: https://www.econbiz.de/10012915957
Current controversies over patent policy place standard-setting organizations (SSOs) on a collision course with antitrust law. Recent theoretical research conjectures that, in an SSO, patent owners can “hold up” patent users in the sense of demanding high royalties for a patented input after...
Persistent link: https://www.econbiz.de/10014047937
A patent only protects an innovator from others producing the same product, but it does not protect him from others producing better products under new patents. Therefore, one may divide up the source of competition facing an innovator into within-patent competition, which results from...
Persistent link: https://www.econbiz.de/10014029857
This study examines the relationship between pharmaceutical R&D and health care expenditures, distinguishing between the short- and long-run impacts. To measure these relationships quantitatively, we focus on patents as a key factor driving the costs of pharmaceuticals, and develop a structured...
Persistent link: https://www.econbiz.de/10014209235
Inventors and producers bargain over royalties to license multiple patented inventions. In the first stage of the bargaining game, inventors offer licenses to producers and producers demand licenses. In the second stage of the game, inventors and producers engage in bilateral bargaining over...
Persistent link: https://www.econbiz.de/10014126046
innovation. Yet, firms do patent, as indicated by the largenumber of patents that are granted. This paper offers a possible … resolution to this puzzle.It takes a simplified version of a duopoly innovation race, and studies the patenting decisionof an … innovator who has private information about the improvability of her innovation.In this setting, it is shown that a firm may use …
Persistent link: https://www.econbiz.de/10009360921
discourages entry and reduces innovation incentives, while horizontal integration always benefits from entry and innovation …
Persistent link: https://www.econbiz.de/10003909249