Technology licensing in mixed oligopoly
We develop a mixed oligopoly model with one public firm and two private firms to explore the licensing strategy considered by the innovated private firm. The major findings of our paper are that: firstly, if the patentee licenses the public firm under some plausible parametric range, the public firm will not accept the technology licensing offer from the private firm; secondly, if the public firm accepts the licensing, all of the three different types of licensing contracts (royalty, fixed-fee and two-part tariff) can be the same optimal licensing contracts; thirdly, if the patentee licenses to another private firm, fixed-fee licensing will be the optimal choice for the patentee; finally, licensing to the public firm and another private firm simultaneously is not the best strategy for the patentee when the original cost difference between public and private firms is large. Our results are quite different from the previous on the licensing strategy among private firms.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 31 (2014)
Issue (Month): C ()
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/inca/620165|
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.:
- Ishida, Junichiro & Matsushima, Noriaki, 2009.
"Should civil servants be restricted in wage bargaining? A mixed-duopoly approach,"
Journal of Public Economics,
Elsevier, vol. 93(3-4), pages 634-646, April.
- Junichiro Ishida & Noriaki Matsushima, 2006. "Should civil servants be restricted in wage bargaining? A mixed-duopoly approach," Discussion Papers 2006-07, Kobe University, Graduate School of Business Administration.
- Junichiro Ishida & Noriaki Matsushima, 2008. "Should civil servants be restricted in wage bargaining? A mixed-duopoly approach," Discussion Papers 2008-49, Kobe University, Graduate School of Business Administration.
- Henry Wang, X., 2002. "Fee versus royalty licensing in a differentiated Cournot duopoly," Journal of Economics and Business, Elsevier, vol. 54(2), pages 253-266.
- Wang, X. Henry, 1998. "Fee versus royalty licensing in a Cournot duopoly model," Economics Letters, Elsevier, vol. 60(1), pages 55-62, July.
- Bagchi, Aniruddha & Mukherjee, Arijit, 2014.
"Technology licensing in a differentiated oligopoly,"
International Review of Economics & Finance,
Elsevier, vol. 29(C), pages 455-465.
- Aniruddha Bagchi & Arijit Mukherjee, "undated". "Technology licensing in a differentiated oligopoly," Discussion Papers 10/16, University of Nottingham, School of Economics.
- Heywood, John S. & McGinty, Matthew, 2011.
"Cross-border mergers in a mixed oligopoly,"
Elsevier, vol. 28(1-2), pages 382-389, January.
- F. Delbono & V. Denicolò & C. Scarpa, 1991. "Quality Choice in a Vertically Differentiated Mixed Duopoly," Working Papers 108, Dipartimento Scienze Economiche, Universita' di Bologna.
- Hikaru Ogawa & Akira Nishimori, 2004. "Do Firms Always Choose Excess Capacity?," Economics Bulletin, AccessEcon, vol. 12(2), pages 1-7.
- Mukherjee, Arijit & Sinha, Uday Bhanu, 2014. "Can cost asymmetry be a rationale for privatisation?," International Review of Economics & Finance, Elsevier, vol. 29(C), pages 497-503.
- Willner, Johan, 2001. "Ownership, efficiency, and political interference," European Journal of Political Economy, Elsevier, vol. 17(4), pages 723-748, November.
- Leonard F.S. Wang & Arijit Mukherjee, "undated".
10/13, University of Nottingham, School of Economics.
- Toshihiro Matsumura & Yoshihiro Tomaru, 2012. "Market Structure And Privatization Policy Under International Competition," The Japanese Economic Review, Japanese Economic Association, vol. 63(2), pages 244-258, 06.
- Sougata Poddar & Uday Bhanu Sinha, 2010. "Patent Licensing from a High-Cost Firm to a Low-Cost Firm," The Economic Record, The Economic Society of Australia, vol. 86(274), pages 384-395, 09.
- Akira Nishimori & Hikaru Ogawa, 2005. "Long-Term And Short-Term Contract In A Mixed Market ," Australian Economic Papers, Wiley Blackwell, vol. 44(3), pages 275-289, 09.
- Matsumura, Toshihiro, 1998. "Partial privatization in mixed duopoly," Journal of Public Economics, Elsevier, vol. 70(3), pages 473-483, December.
- Kamien, Morton I & Tauman, Yair, 2002. "Patent Licensing: The Inside Story," Manchester School, University of Manchester, vol. 70(1), pages 7-15, January.
- Gelves, J. Alejandro & Heywood, John S., 2013. "Privatizing by merger: The case of an inefficient public leader," International Review of Economics & Finance, Elsevier, vol. 27(C), pages 69-79.
- Cremer, Helmuth & Marchand, Maurice & Thisse, Jacques-Francois, 1991.
"Mixed oligopoly with differentiated products,"
International Journal of Industrial Organization,
Elsevier, vol. 9(1), pages 43-53, March.
- Lihua Han & Hikaru Ogawa, 2012. "Market‐Demand Boosting And Privatization In A Mixed Duopoly," Bulletin of Economic Research, Wiley Blackwell, vol. 64(1), pages 125-134, 01.
- Andrea Fosfuri & Esther Roca, 2004. "Optimal Licensing Strategy: Royalty or Fixed Fee?," International Journal of Business and Economics, College of Business and College of Finance, Feng Chia University, Taichung, Taiwan, vol. 3(1), pages 13-19, April.
- Wang, X Henry & Yang, Bill Z, 1999. "On Licensing under Bertrand Competition," Australian Economic Papers, Wiley Blackwell, vol. 38(2), pages 106-119, June.
- Nett, Lorenz, 1994. "Why private firms are more innovative than public firms," European Journal of Political Economy, Elsevier, vol. 10(4), pages 639-653, December.
- Jean-François Wen & Lasheng Yuan, 2010. "Optimal privatization of vertical public utilities," Canadian Journal of Economics, Canadian Economics Association, vol. 43(3), pages 816-831, August.
- Juan Carlos Bárcena-Ruiz, 2008. "Are the public firms more innovative than the private ones?," Prague Economic Papers, University of Economics, Prague, vol. 2008(2), pages 157-167.
- repec:ebl:ecbull:v:12:y:2004:i:2:p:1-7 is not listed on IDEAS
- Wang, Leonard F.S. & Lee, Jen-yao & Hsu, Chu-chuan, 2014. "Privatization, foreign competition, and social efficiency of free entry," International Review of Economics & Finance, Elsevier, vol. 31(C), pages 138-147.
When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:31:y:2014:i:c:p:193-204. 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: (Dana Niculescu)
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.