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Appendix is available at: 'https://ssrn.com/abstract=3034480' https://ssrn.com/abstract=3034480Perpetual licenses incent owners incentives to invest in the common value of public resources, but impede efficient reallocation of resources to higher-valued entrants. Short-term licenses improve...
Persistent link: https://www.econbiz.de/10012936404
There has been much research interest in the speed of innovation, although few consistent findings have emerged. In … this study, we unpack the innovation process and focus on the commercialization stage to examine two questions: Which … fast-paced innovation strategy, as it suggests that for the commercialization stage of the innovation process the …
Persistent link: https://www.econbiz.de/10012943983
We consider stable licensing schemes that are combinations of lump-sum fee and per-unit royalty realized as bargaining outcomes in transferring a new technology from a technology holder to oligopolistic firms through licensing. The licensing schemes on which the technology holder and licensees...
Persistent link: https://www.econbiz.de/10012944814
Due to traffic and air quality concerns in urban cities, many big cities have begun to adopt the vehicle licenses quantitative control policies. In these cities, a limited number of vehicle licenses are allocated among a very large number of potential car buyers every one or two months. The...
Persistent link: https://www.econbiz.de/10012946059
utilization to test for the presence of imperfect competition in the market for apparel quota licenses in Hong Kong. A competitive … that concentration of license holdings affect the supply of licenses as predicted by models of imperfect competition. Since … the implementation scheme encourages full utilization, imperfect competition affects the supply path of licenses rather …
Persistent link: https://www.econbiz.de/10012763100
We study the question whether a holder of standard essential patents (SEPs) should be allowed to choose the level in the value chain at which to offer a FRAND license to its SEPs. We give a pos-itive answer to this question for two reasons. First, the SEP holder and the social planner tend to...
Persistent link: https://www.econbiz.de/10012817846
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Many governments assign use licenses for natural resources, such as radio spectrum, fishing rights, and mineral extraction rights, through auctions or other market-like mechanisms. License design affects resource users' investment incentives, as well as the efficiency of asset allocation. No...
Persistent link: https://www.econbiz.de/10012822523
Patent valuations as reflected by patent sale price and licensing royalty rate have been frequently discussed and sometimes hotly debated in mass media, expert analysis, and scholastic research. However, there have been no studies to examine the relationship, or the lack thereof, between such...
Persistent link: https://www.econbiz.de/10012825189
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