Showing 1 - 10 of 4,717
Also published as Working Paper DFAEII 2003-03
Persistent link: https://www.econbiz.de/10011129022
In this paper, we endogenize the decision of a research laboratory that owns a patented process innovation on whether to remain independent as an external patentee or to merge with a manufacturing firm, becoming an internal to the industry patentee. We show that a merger is profitable only for...
Persistent link: https://www.econbiz.de/10005515935
Also published as Working Paper DFAEII 2003-03
Persistent link: https://www.econbiz.de/10005518743
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
The present paper reconsiders the inside innovators’ licensing problem under incomplete information. Employing an …
Persistent link: https://www.econbiz.de/10011285324
The literature on license auctions for process innovations in oligopoly assumed that the auctioneer reveals the winning bid and stressed that this gives firms an incentive to signal strength through their bids, to the benefit of the innovator. In the present paper we examine whether revealing...
Persistent link: https://www.econbiz.de/10010378352
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
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 …
Persistent link: https://www.econbiz.de/10011597751
of artists for strong or weaker form (e.g., licensing of rights for home production) of copyright may be related to their …
Persistent link: https://www.econbiz.de/10014023820