Patent Licensing in a Mixed Oligopoly with a Foreign Firm
This paper investigates optimal licensing in a mixed oligopoly with a foreign firm. It is the first to compare licensing by means of a fixed fee and by means of a royalty when the innovator is a public firm. In contrast to a private oligopoly, we show that license via a fixed fee is superior to license via a royalty for the innovator.
Volume (Year): 32 (2012)
Issue (Month): 2 ()
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- Luigi Filippini, 2005. "Licensing Contract In A Stackelberg Model," Manchester School, University of Manchester, vol. 73(5), pages 582-598, 09.
- John S. Heywood & Guangliang Ye, 2011. "Patent licensing in a model of spatial price discrimination," Papers in Regional Science, Wiley Blackwell, vol. 90(3), pages 589-602, 08.
- Sougata Poddar & Uday Bhanu Sinha, 2004.
"On Patent Licensing in Spatial Competition,"
The Economic Record,
The Economic Society of Australia, vol. 80(249), pages 208-218, 06.
- Wang, X. Henry, 1998. "Fee versus royalty licensing in a Cournot duopoly model," Economics Letters, Elsevier, vol. 60(1), pages 55-62, July.
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