Kitagawa, Tatsuya; Masuda, Yasushi; Umezawa, Masashi - In: Economics Letters 123 (2014) 2, pp. 227-231
We investigate a two-part tariff licensing contract that enables an incumbent innovator to license the technology for a new product to a potential rival, who may alternatively develop a compatible technology for an imperfectly substitutable product. We identify the optimal two-part tariff...
