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and patent clearance. As a consequence, device-level licensing would likely have a chilling effect on innovation and … entrepreneurship in the IoT. Policy makers should ensure that IoT SEP licensing is simplified. They should commission studies on the …: Licensing at a value chain level where transaction costs are minimal; and licensing in a way that promotes downstream innovation …
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We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms' bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing bid...
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This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
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, We show that, in presence of licensing, the incentive for innovation may also be stronger under decentralized unions …
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In the last decades, technologies became more complex which increased the degree of uncertainty in R&D. To overcome the uncertainty, firms frequently engage in R&D collaborations, e.g., Research Joint Ventures (RJVs), and licensing agreements. While RJVs are well explored in the literature, very...
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