Hybrid Licensing of Product Innovations

Elisabetta Ottoz and Cugno Franco ()
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Cugno Franco: University of Turin, http://www.est.unito.it/

Department of Economics and Statistics Cognetti de Martiis. Working Papers from University of Turin

Abstract: This paper studies the feasibility and the effects of hybrid licensing agreements involving product innovations protected by patents and trade secrets. Since incentive and efficiency considerations suggest that a typical contract should provide for a negative fixed fee and post-patent royalties at the same unit level as before patent’s expiration, we conclude that per se prohibitions of these practices are not justified on economics grounds.

Pages: 11 pages
Date: 2008-07
New Economics Papers: this item is included in nep-ino, nep-ipr and nep-pr~
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http://www.est.unito.it/do/home.pl/Download?doc=/a ... 0_wp_ottoz_cugno.pdf (application/pdf)

Related works:
Journal Article: Hybrid Licensing of Product Innovations (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:uto:dipeco:200810

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