R&D Organization: Cooperation or Cross-Licensing?
Under the Cross-Licensing system (CL), firms are allowed to trade non cooperatively the results of R&D efforts, and compete in the innovation and production stages. First, the paper proposes a simple modeling of this system. Second, a relevant comparison is made with the Cartelized Research Joint Venture (RJV), the form of R&D cooperation recognized to be the best one. We prove that the Cross-Licensing system may be socially better than the Cartelized RJV. In terms of antitrust policy, for firms, the most favorable collusion mode is Joint Exploitation. We prove that firms are equally tempted by this mode, whether they are under CL or under Cartelized RJV.
(This abstract was borrowed from another version of this item.)
Volume (Year): 77 (2011)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.cairn.info/revue-recherches-economiques-de-louvain.htm|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jay Pil Choi, 2002.
"A Dynamic Analysis of Licensing: The "Boomerang" Effect and Grant-Back Clauses,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(3), pages 203-229, August.
- Jay Pil Choi, 1999. "A Dynamic Analysis of Licensing: The "Boomerang" Effect and Grant-Back Clauses," Working Paper Series no16, Institute of Economic Research, Seoul National University.
- Jay Pil Choi, 1999. "A Dynamic Analysis of Licensing: The Boomerang Effect and Grant-Back Clauses," CESifo Working Paper Series 188, CESifo Group Munich.
- Fauli-Oller, Ramon & Sandonis, Joel, 2003.
"To merge or to license: implications for competition policy,"
International Journal of Industrial Organization,
Elsevier, vol. 21(5), pages 655-672, May.
- Faulí-Oller, Ramon & Sandonís, Joel, 2001. "To Merge or to License: Implications for Competition Policy," CEPR Discussion Papers 2740, C.E.P.R. Discussion Papers.
- Ramon Fauli-Oller & Joel Sandonis, 2000. "To Merge or to License: Implications for Competition Policy," Discussion Papers 1284, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Lambertini, Luca & Poddar, Sougata & Sasaki, Dan, 2002. "Research joint ventures, product differentiation, and price collusion," International Journal of Industrial Organization, Elsevier, vol. 20(6), pages 829-854, June.
- Li, Changying & Song, Juan, 2009. "Technology licensing in a vertically differentiated duopoly," Japan and the World Economy, Elsevier, vol. 21(2), pages 183-190, March.
- Chaim Fershtman & Morton I. Kamien, 1990.
"Cross Licensing of Complementary Technologies,"
866, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Kato, Atsushi, 2004. "Patent pool enhances market competition," International Review of Law and Economics, Elsevier, vol. 24(2), pages 255-268, June.
- Arora, Ashish & Fosfuri, Andrea, 1999.
"Licensing the Market for Technology,"
CEPR Discussion Papers
2284, C.E.P.R. Discussion Papers.
- Claudio Piga & Joanna Poyago-Theotoky, 2003.
"Endogenous R&D Spillovers and Locational Choice,"
CRIEFF Discussion Papers
0310, Centre for Research into Industry, Enterprise, Finance and the Firm.
- Michael L. Katz & Carl Shapiro, 1986. "How to License Intangible Property," The Quarterly Journal of Economics, Oxford University Press, vol. 101(3), pages 567-589.
- Stamatopoulos, Giorgos & Tauman, Yair, 2008. "Licensing of a quality-improving innovation," Mathematical Social Sciences, Elsevier, vol. 56(3), pages 410-438, November.
- Antonio Tesoriere, 2008. "A Further Note on Endogenous Spillovers in a Non-tournament R&D Duopoly," Review of Industrial Organization, Springer, vol. 33(2), pages 177-184, September.
- Anand, Bharat N & Khanna, Tarun, 2000. "The Structure of Licensing Contracts," Journal of Industrial Economics, Wiley Blackwell, vol. 48(1), pages 103-35, March.
- Amir, Rabah, et al, 2002.
"Monopoly versus R&D-Integrated Duopoly,"
University of Manchester, vol. 70(1), pages 88-100, January.
- AMIR, Rabah & NANNERUP, Niels & STEPANOVA, Anna & EGUIAZAROVA, Elina, 2001. "Monopoly versus R&D-integrated duopoly," CORE Discussion Papers 2001051, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- AMIR, Rabah & NANNERUP, Niels & STEPANOVA, Anna & EGUIAZAROVA, Eline, . "Monopoly versus R&D-integrated duopoly," CORE Discussion Papers RP 1575, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Pastor, Maite & Sandonis, Joel, 2002. "Research joint ventures vs. cross licensing agreements: an agency approach," International Journal of Industrial Organization, Elsevier, vol. 20(2), pages 215-249, February.
- Morton I. Kamien & Yair Tauman, 1986. "Fees Versus Royalties and the Private Value of a Patent," The Quarterly Journal of Economics, Oxford University Press, vol. 101(3), pages 471-491.
- Nagaoka, Sadao & Kwon, Hyeog Ug, 2006. "The incidence of cross-licensing: A theory and new evidence on the firm and contract level determinants," Research Policy, Elsevier, vol. 35(9), pages 1347-1361, November.
- Marie-Laure Cabon-Dhersin & Shyama Ramani, 2005. "Does trust matter for R&D cooperation? A game theoretic examination," Theory and Decision, Springer, vol. 57(2), pages 143-180, 03.
- Kogut, Bruce, 1989. "The Stability of Joint Ventures: Reciprocity and Competitive Rivalry," Journal of Industrial Economics, Wiley Blackwell, vol. 38(2), pages 183-98, December.
- Joanna Poyago-Theotoky, 1999. "A Note on Endogenous Spillovers in a Non-Tournament R & D Duopoly," Review of Industrial Organization, Springer, vol. 15(3), pages 253-262, November.
- Mukesh Eswaran, 1994. "Cross-Licensing of Competing Patents as a Facilitating Device," Canadian Journal of Economics, Canadian Economics Association, vol. 27(3), pages 689-708, August.
- Hans Gersbach & Armin Schmutzler, 1999.
"Endogenous Spillovers and Incentives to Innovate,"
SOI - Working Papers
9902, Socioeconomic Institute - University of Zurich.
- Steffen Brenner, 2009. "Optimal formation rules for patent pools," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 40(3), pages 373-388, September.
When requesting a correction, please mention this item's handle: RePEc:cai:reldbu:rel_771_0031. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.