Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061289 | Economics Letters | 2010 | 4 Pages |
Abstract
Most patent licensing agreements observed empirically include either per-unit or ad valorem royalties. The theoretical literature generally focuses on per-unit royalties. We provide a simple justification for the presence of ad valorem royalties in licensing contracts.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Marta San MartÃn, Ana I. Saracho,