The patent holder's bargaining power and the licensing of an innovation
José Sempere-Monerris () and
Vincent Vannetelbosch ()
Applied Economics Letters, 2001, vol. 8, issue 12, 765-769
A bargaining licensing game is developed to study how the patent holder's bargaining power affects his licensing policy as well as the social welfare. Indeed, a modification in the patent's holder bargaining power is not innocuous for the economy. Therefore, a social agency that is concerned with a social welfare measure may raise the question of who should hold the bargaining power in order to increase the welfare of the economy. Consumers and the world economy are better off with the complete diffusion of the technology. This is only possible if the patent holder is attributed greater bargaining power than the one attributed to the potential licensees and the size of the innovation is small enough.
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:8:y:2001:i:12:p:765-769
Ordering information: This journal article can be ordered from
Access Statistics for this article
Applied Economics Letters is currently edited by Anita Phillips
More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().