| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072132 | Games and Economic Behavior | 2011 | 14 Pages |
Abstract
⺠We model the bargaining between a patent-holder and an innovator. ⺠The innovator needs access to the patent owned by the patent-holder. ⺠The patent-holder does not observe the timing of the R&D investment of the innovator. ⺠We show that the agreed licensing terms do not ensure an efficient R&D investment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Stefano Comino, Fabio M. Manenti, Antonio Nicolò,