incentive for technology licensing under a decentralized unionization structure than with centralized wage setting. Furthermore …, We show that, in presence of licensing, the incentive for innovation may also be stronger under decentralized unions …

The literature on technology licensing has ignored the importance of market power of the input supplier. In this paper … we examine the incentive for licensing in the downstream industry when the firms in the upstream industry have market … power. We show that licensing in the downstream industry is profitable if and only if licensing increases competition in the …

incentive for technology licensing under a decentralized unionization structure than with centralized wage setting. Furthermore …, We show that, in presence of licensing, the incentive for innovation may also be stronger under decentralized unions …

possibility of licensing increases both firms' R&D investment is also ambiguous. Licensing with up-front fixed-fee can increase …-post welfare under weak patent protection. However, the results may be different for licensing contract with per-unit output …

strategies such as licensing between the firms doing R&D. This paper examines how the option for licensing affects R …-cooperative R&D when there is an option for licensing afterwards; but, without the option for licensing, the firms will do … availability of the licensing. While the option for licensing reduces welfare for sufficiently small cost reduction from R&D, the …

licensing. However, unlike the case of a cost-free honest outside agency, where information transmission always occurs under a … quantity setting oligopoly, information transmission through licensing does not always occur. …