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X. Henry Wang and Bill Yang |
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''On Technology Transfer to an Asymmetric Cournot Duopoly'' |
( 2004, Vol. 4 No.14 ) |
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This note studies the transfer of a cost-reducing innovation from an independent patent-holder to an asymmetric Cournot duopoly that has different unit costs of production. It is found that royalty licensing can be superior to fixed-fee licensing for the independent patent-holder. |
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Keywords: Cournot duopoly |
JEL: D4 - Market Structure and Pricing: General L2 - Firm Objectives, Organization, and Behavior: General |
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Manuscript Received : Oct 22 2004 | | Manuscript Accepted : Oct 26 2004 |
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