Poddar, Sougata; Sinha, Uday Bhanu - Department of Economics, National University of Singapore - 2002
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 …