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simultaneous R&D contests for complementary patents and how they interact with patent portfolios that firms may have acquired …Where product innovation requires several complementary patents, fragmented property rights can be a factor that limits … already. We also consider how this interaction and the intensity of the contests depends on the type of patent trade regimes …
Persistent link: https://www.econbiz.de/10010365878
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to …
Persistent link: https://www.econbiz.de/10003935644
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10003935649
This paper revisits the licensing of a non-drastic process innovation by an outside innovator to a Cournot oligopoly …. We propose a new mechanism that combines a restrictive license auction with royalty licensing. This mechanism is more … profitable than standard license auctions, auctioning royalty contracts, fixed-fee licensing, pure royalty licensing, and two …
Persistent link: https://www.econbiz.de/10010365856
This paper revisits the standard analysis of licensing a cost reducing innovation by an outside innovator to a Cournot … oligopoly. We propose a new mechanism that combines elements of a license auction with royalty licensing by granting the losers … licensing without reducing bidders' surplus; therefore, it is more profitable than both standard license auctions and pure …
Persistent link: https://www.econbiz.de/10010371073
The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an …
Persistent link: https://www.econbiz.de/10011285324
Commercial radio spectrum use rights in the US are traditionally assigned using licenses over large geographic areas with 10- or 15-year terms, to encourage infrastructure investment. However, such long-term licenses are difficult to reassign as more valuable uses for spectrum arise. Licenses...
Persistent link: https://www.econbiz.de/10011872982
We study innovation contests with asymmetric information and identical contestants, where contestants' efforts and … payoffs for both nondiscriminatory and discriminatory (where the reward is contestant-dependent) contests. We derive …
Persistent link: https://www.econbiz.de/10010260048
We analyze the doping behavior of heterogeneous athletes in an environment of private information. In a n-player strategic game, modeled as an all-pay auction, each athlete has private information about his actual physical ability and choses the amount of performance-enhancing drugs. The use of...
Persistent link: https://www.econbiz.de/10009772194
We consider mechanisms for allocating a common-value prize between two players in an incomplete information setting. In this setting, each player receives an independent private signal about the prize value. The signals are from a discrete distribution and the value is increasing in both...
Persistent link: https://www.econbiz.de/10010360354