Licensing and Patent Protection

Aniruddha Bagchi and Arijit Mukherjee

Economics Bulletin, 2010, vol. 30, issue 3, 2010-2016

Abstract: We show the impact of technology licensing on optimal patent policy. Strong patent protection that eliminates imitation may not be the equilibrium outcome in the presence of licensing. Depending on the cost of innovation, licensing may either increase or reduce the strength of the patent protection.

Keywords: Patent protection; Technology licensing; Welfare (search for similar items in EconPapers)
JEL-codes: L1 O3 (search for similar items in EconPapers)
Date: 2010-07-30
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Citations: View citations in EconPapers (5)

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