|
|
Guangliang Ye |
|
''Patent Licensing in a Mixed Oligopoly with a Foreign Firm'' |
( 2012, Vol. 32 No.2 ) |
|
|
This paper investigates optimal licensing in a mixed oligopoly with a foreign firm. It is the first to compare licensing by means of a fixed fee and by means of a royalty when the innovator is a public firm. In contrast to a private oligopoly, we show that license via a fixed fee is superior to license via a royalty for the innovator. |
|
|
Keywords: Mixed Oligopoly; Licensing; Royalty |
JEL: L2 - Firm Objectives, Organization, and Behavior: General L4 - Antitrust Issues and Policies: General |
|
Manuscript Received : Sep 23 2011 | | Manuscript Accepted : Apr 17 2012 |
|