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We reconsider the optimal licensing of technology by an incumbent firm in the presence of multiple potential licensees …
Persistent link: https://www.econbiz.de/10012932334
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' Preface -- Part I: Patents -- Chapter 1. Rent Dissipation in R&D Races -- Abstract -- 1. Introduction -- 2. Model -- 3 … -- Acknowledgements -- Appendix -- References -- Chapter 2. Innovation, Duplication, and the Contract Theory of Patents -- Abstract -- 1 …. Introduction -- 2. The model -- 3. Benchmark: no duplication -- 4. Duplication with no licensing -- 5. Preemptive licensing -- 6 …
Persistent link: https://www.econbiz.de/10012685029
In a market in which sellers compete by posting mechanisms, we study how the properties of the meeting technology affect the mechanism that sellers select. In general, sellers have incentive to use mechanisms that are socially efficient. In our environment, sellers achieve this by posting an...
Persistent link: https://www.econbiz.de/10010387737
This paper explores the buyer-optimal information structures in a monopolistic screening context with nonlinear production technology. It shows that the buyer's optimal surplus may increase even when the production cost becomes more uncertain or when the efficient surplus decreases. Under a...
Persistent link: https://www.econbiz.de/10012896204
This paper compares and contrasts the processes used by the European, United Kingdom and Scottish parliaments in considering broadband policies, legislation, regulatory systems and outcomes, within a complex triple-tiered governance system. Broadband is of increasing importance due to the...
Persistent link: https://www.econbiz.de/10012935909
The American corporate graveyard is littered with prior darlings of Wall Street and pillars of the New York Stock Exchange, such as Kodak and Polaroid (both photography pioneers). More recently, other businesses and entire industries that were once household names have similarly experienced...
Persistent link: https://www.econbiz.de/10012969178
This paper analyses the incentives to adopt cost-reducing technology by firms in a horizontally differentiated industry. In our model there are several suppliers of a new technology. The extent of the cost reduction depends on the quality of the new technology. A firm has to buy the technology...
Persistent link: https://www.econbiz.de/10013057120
We propose a political theory for the slow adoption of technology in sports and other contests. We investigate players …
Persistent link: https://www.econbiz.de/10010127846
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