Licensing a new product: Fee vs. royalty licensing with unionized labor market
Arijit Mukherjee
Discussion Papers from University of Nottingham, School of Economics
Abstract:
We show that, for licensing by an outside innovator in a Cournot oligopoly, royalty licensing can generate higher payoff to the innovator than the fixed-fee licensing and auction if the labor market is unionized. This result holds irrespective of the unionization structure.
Keywords: Auction; Fixed-fee; Labor union; Licensing; Royalty (search for similar items in EconPapers)
Date: 2007-03
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Journal Article: Licensing a new product: Fee vs. royalty licensing with unionized labor market (2010) 
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Persistent link: https://EconPapers.repec.org/RePEc:not:notecp:07/03
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