Article ID Journal Published Year Pages File Type
5061461 Economics Letters 2009 4 Pages PDF
Abstract
Considering the licensing of a drastic cost-reducing innovation by an outside innovator in an n-firm Cournot oligopoly, we show that when the innovator uses combinations of fees and royalties, there are either n − 1 or n optimal licensing policies.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Drastic innovations and multiplicity of optimal licensing policies
Authors
, ,