How to license a public licensor's technology to an asymmetric duopoly
We consider the issue of optimal licensing from the viewpoint of an external public licensor maximizing social welfare. Our principal findings are as follows. Fee licensing is always at least as good as royalty licensing for the public licensor. For small innovations, there exists a subgame perfect equilibrium outcome in which the public licensor licenses his patented technology to only an efficient (low-cost) firm maximizing its profit.
Volume (Year): 1 (2012)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: Avda del Cristo s/n, 33006 Oviedo|
Phone: 985 10 37 45
Fax: 985 10 48 71
Web page: http://www.unioviedo.es/reunido/index.php/EBL/index
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ove:journl:aid:9401. 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: (Francisco J. Delgado)
If references are entirely missing, you can add them using this form.