Patent Licensing in a Mixed Oligopoly with a Foreign Firm
Guangliang Ye
Economics Bulletin, 2012, vol. 32, issue 2, 1191-1197
Abstract:
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.
Keywords: Mixed Oligopoly; Licensing; Royalty (search for similar items in EconPapers)
JEL-codes: L2 L4 (search for similar items in EconPapers)
Date: 2012-04-17
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Citations: View citations in EconPapers (16)
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