PODDAR, SOUGATA; SINHA, UDAY BHANU - In: The Economic Record 86 (2010) 274, pp. 384-395
We depart from the standard framework and study optimal patent licensing under Cournot duopoly where the technology transfer takes place from an innovative firm, which is relatively inefficient in terms of cost of production, to its cost-efficient rival. Interestingly, we find even a drastic...