We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …

The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an …

input to an external firm, transforming the licensee into its input supplier. We find that the incumbent opts for licensing … even when licensing also transforms the licensee into one of its direct competitors in the final products market. In fact … faces, it reinforces, instead of weakens, the licensing incentives. Furthermore, the licensee's entry augments the positive …

We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to …

This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …

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 …

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 …