This paper analyzes optimal cross-licensing arrangements between incumbent firms in the presence of potential entrants …. The optimal cross-licensing royalty rate trades off incentives to sustain a collusive outcome vis-a-vis incentives to … deter entry with the threat of patent litigation. We show that a positive cross-licensing royalty rate, which would …

This paper analyzes optimal cross-licensing arrangements between incumbent firms in the presence of potential entrants …. The optimal cross-licensing royalty rate trades off incentives to sustain a collusive outcome vis-a-vis incentives to … deter entry with the threat of patent litigation. We show that a positive cross-licensing royalty rate, which would …

We study bilateral cross-licensing agreements among N(> 2) firms that engage in competition after the licensing phase …. It is shown that the most collusive cross-licensing royalty, i.e. the one that allows the industry to achieve the … implications regarding the antitrust treatment of cross-licensing agreements are derived from these results. …

Under the Cross-Licensing system (CL), firms are allowed to trade non cooperatively the results of R&D efforts, and … best one. We prove that the Cross-Licensing system may be socially better than the Cartelized RJV. In terms of antitrust …