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Stefano Colombo and Luigi Filippini |
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''Fee versus royalty licensing in a Cournot duopoly model with a commitment of no production'' |
( 2013, Vol. 33 No.3 ) |
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A typical result in patent licensing literature is that an insider patent-holder prefers licensing through royalties instead than through a fixed fee. However, when a commitment of no production is possible for the patent-holder, the result is reverted. |
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Keywords: Patent licensing; fixed fees; royalties |
JEL: D4 - Market Structure and Pricing: General
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Manuscript Received : Oct 30 2012 | | Manuscript Accepted : Aug 22 2013 |
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