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model that helps understand how licensing activity should be organized within large corporations. More specifically, we … compare decentralization—where the business unit using the technology makes licensing decisions—to centralized licensing. The … business unit has superior information about licensing opportunities but may not have the appropriate incentives because its …
Persistent link: https://www.econbiz.de/10011084082
We explore potential methods for assessing whether licensing terms for intellectual property declared essential within … certain patent pool arrangements and which has been proposed in a pending FRAND antitrust suit. We then turn to two economic …
Persistent link: https://www.econbiz.de/10005504215
compete with them. Such a strategy is difficult to explain within traditional models of licensing. This paper extends the … literature on licensing by relaxing the assumption of a monopolist technology holder. We develop a model with many technological … trajectories for the production of a differentiated good. We find that competition in the market for technology induces licensing …
Persistent link: https://www.econbiz.de/10005504351
This paper is a study of licensing in a patent thicket. In a patent thicket licensing allows firms to avoid hold-up. It …. Building on a model of a patent portfolio race, firms' choice between these types of licensing contracts is modelled. We find … results we argue that licensing raises welfare in the patent thicket. …
Persistent link: https://www.econbiz.de/10005504462
I provide a justification of intellectual property rights as a source of static efficiency gains in manufacturing, rather than dynamic benefits from greater innovation. I develop a property-rights model of a supply relationship with two dimensions of non- contractible investment. In equilibrium,...
Persistent link: https://www.econbiz.de/10011084191
Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives depend on whether … they license ex ante or ex post. We develop a model of a patent portfolio race, which allows for endogenous R&D efforts, to … study firms’ choice between ex ante and ex post licensing. The model shows that firms’ relationships in product markets and …
Persistent link: https://www.econbiz.de/10005661516
special relevance for the analysis of competition in CDMA and WCDMA technology licensing, where some IP holders are not …
Persistent link: https://www.econbiz.de/10005662049
Using data on U.S. universities, we show that universities that give higher royalty shares to faculty scientists generate greater license income, controlling for university size, academic quality, research funding and other factors. We use pre-sample data on university patenting to control for...
Persistent link: https://www.econbiz.de/10005662368
rates and reduce output as compared to non-integration. Horizontal integration of IP holders (or a patent pool) solves the …
Persistent link: https://www.econbiz.de/10005666527
We study the impact of incentive pay, local development objectives and government constraints on university licensing … performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together … pay than public ones, but ownership does not affect licensing performance conditional on the use of incentive pay …
Persistent link: https://www.econbiz.de/10005667018