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Автор Ireland, Norman J.
Дата выпуска 1991
dc.description Given an auction approach to the sale of licenses for a new process innovation, it is argued that a seller outside the using industry may prefer to maintain more firms than less in the using industry, particularly if this can be accomplished without loss of revenue. The basic reason is that more firms implies more competition for future modifications and improvements to the new technology. It is then shown that the seller will license at least n — 1 of the n current firms in the industry, provided the seller can choose a price composed of both a fixed fee and a royalty element. The application of the analysis is illustrated by a discussion of the Pilkington's float glass process.
Формат application.pdf
Издатель OPA (Overseas Publishers Association)
Копирайт Copyright Taylor and Francis Group, LLC
Тема Licenses
Тема innovation
Тема royalty
Тема two-part tariffs
Название On Licensing Innovations And The Maintenance Of Competition
Тип research-article
DOI 10.1080/10438599100000007
Electronic ISSN 1476-8364
Print ISSN 1043-8599
Журнал Economics of Innovation and New Technology
Том 1
Первая страница 271
Последняя страница 278
Аффилиация Ireland, Norman J.; Department of Economics, University of Warwick
Выпуск 4
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