Showing 1 - 10 of 122,175
We consider a monopolistic screening model of patent licensing. There is one patentee and one licensee and the patentee … patentee except for some prior belief about it. In this scenario, we find the linear optimal licensing contract. …
Persistent link: https://www.econbiz.de/10005518267
city and compete in price. We consider three types of licensing arrangements, namely, auction, fixed fee, royalty; and … drastic, while royalty is optimal when the innovation is non-drastic. We find incentive for innovation is higher for an …We consider the issue of patent licensing in a linear city framework where firms are located at the end points of the …
Persistent link: https://www.econbiz.de/10005518308
We consider a model of licensing of a non-drastic innovation in which the patent holder (an outside innovator … competing à la Cournot. We investigate how licensing schemes (fixed fee or per-unit royalty) and the number of licenses sold … (exclusive licensing or complete technology diffusion) affect price agreements and delays in reaching an agreement. We show that …
Persistent link: https://www.econbiz.de/10008836138
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to … the royalty rate. We derive conditions for existence of a separating equilibrium, explain why a sufficiently high reserve …
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 … scheme that combines a first-price license auction with royalty contracts for losers. Prior to bidding firms observe … high royalty rate. We provide sufficient conditions for existence of monotone bidding strategies and for the profitability …
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
We show that, for licensing by an outside innovator in a Cournot oligopoly,royalty licensing can generate higher payoff …
Persistent link: https://www.econbiz.de/10005868601
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to … the royalty rate. We derive conditions for existence of a separating equilibrium, explain why a sufficiently high reserve …
Persistent link: https://www.econbiz.de/10010333873
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing … scheme that combines a first-price license auction with royalty contracts for losers. Prior to bidding firms observe … high royalty rate. We provide sufficient conditions for existence of monotone bidding strategies and for the profitability …
Persistent link: https://www.econbiz.de/10010334125
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/10010333797