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Giorgos Stamatopoulos |
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''On the possibility of licensing in a market with logit demand functions'' |
( 2008, Vol. 4 No.17 ) |
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We analyze the incentives for technology transfer between two firms in a market characterized by a logit demand framework. The available licensing policies of the incumbent innovator are the up front fee, royalty and two-part tariff policies. We show that when the market is covered there is no equilibrium where technology transfer occurs. |
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Keywords: |
JEL: D4 - Market Structure and Pricing: General L2 - Firm Objectives, Organization, and Behavior: General |
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Manuscript Received : Dec 15 2007 | | Manuscript Accepted : Jun 13 2008 |
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