Technology licensing and innovation

被引:24
作者
Mukherjee, Arijit [1 ]
Mukherjee, Soma [2 ]
机构
[1] Univ Loughborough, Loughborough LE11 3TU, Leics, England
[2] Univ Nottingham, Nottingham NG7 2RD, England
关键词
Licensing; Innovation; Welfare; RESEARCH-AND-DEVELOPMENT;
D O I
10.1016/j.econlet.2013.05.015
中图分类号
F [经济];
学科分类号
02 ;
摘要
We show that under a fixed-fee licensing contract if the licenser and the licensee bargain over the licensing fee, licensing decreases (increases) innovation by decreasing (increasing) the strategic (non-strategic) benefit from innovation. However, licensing increases innovation under a two-part tariff licensing contract. Licensing does not reduce social welfare. (C) 2013 Elsevier B.V. All rights reserved.
引用
收藏
页码:499 / 502
页数:4
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