Cournot competition among multiproduct firms:specialization through licensing

Luigi Filippini

No itemq0542, DISCE - Quaderni dell'Istituto di Teoria Economica e Metodi Quantitativi from Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE)

Abstract: In a duopoly where each firm produces substitute goods, we show that under process innovation, specialization is the equilibrium attained with cross-licensing. Each firm produces only the good for which it has an advantage. Patent pool extension confirms the results.

Keywords: cross-licensing; patent pool; specialization; process innovation (search for similar items in EconPapers)
JEL-codes: D45 O31 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2006-12
New Economics Papers: this item is included in nep-bec, nep-com, nep-ind, nep-ino, nep-ipr, nep-pr~, nep-mic and nep-tid
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Published in International Journal of Business and Economics, 5(3), 2006, pp. 201-210.

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