Privatization in the presence of patent licensing

Shuai Niu ()

Journal of Economics, 2015, vol. 116, issue 2, 163 pages

Abstract: This paper analyzes the licensing policy for a cost-reduction technology of a foreign R&D institution when it is faced with a domestic monopoly manufacturer. It is found that, due to objective differences, a public domestic manufacturer will be charged higher than a private domestic manufacturer for a certain licensed technology. Accordingly, to save on the licensing payment made to the foreign R&D institution, the domestic government is recommended to (partly) privatize the public manufacturer. Copyright Springer-Verlag Wien 2015

Keywords: Technology; Licensing; Privatization; Welfare; L24; L32; L44 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:jeczfn:v:116:y:2015:i:2:p:151-163

DOI: 10.1007/s00712-015-0435-7

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