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How does patent policy affect innovation when patent licensing is crucial for firms? To address this question, the … present paper incorporates voluntary patent licensing between an innovator and followers, which has been discussed in the …. Using this model, we show that strong patent protection does not enhance innovation, economic growth, and welfare …
Persistent link: https://www.econbiz.de/10015258275
The purpose of this paper is to investigate empirically the effectiveness of alternative mechanisms of protecting the competitive advantages of new or improved products and processes. The analysis is based on I survey I conducted among 358 firms in 127 different (four-digit) industries in...
Persistent link: https://www.econbiz.de/10015265162
The knowledge-capital model of foreign direct investment implies that countries with relatively large outward FDI stocks should also have a relative abundance of proprietary knowledge assets. Early versions of the knowledge-capital theory model these assets as if they were only the results of...
Persistent link: https://www.econbiz.de/10015270029
Entrepreneurship as a determinant of economic growth and innovation intensity has been increasingly used by governments for shaping public policies with sustainable development purposes. This chapter positions the Clean Development Mechanism as an example of an international technology transfer...
Persistent link: https://www.econbiz.de/10015217524
This paper takes an axiomatic approach to determining “Fair, Reasonable, and Non-Discriminatory” (“FRAND”) royalties for intellectual property (“IP”) rights. Drawing on the extensive game theory literature on “surplus sharing/cost sharing” problems, I describe specific formulas...
Persistent link: https://www.econbiz.de/10015259876
This study examines productivity and profitability of Italian manufacturing corporations in relation to IT usage and offshoring of intermediate goods. The information set is based on a balanced panel of enterprises' economic accounts and foreign trade statistics for the years 2000-2004, linked...
Persistent link: https://www.econbiz.de/10015221190
This paper investigates free licensing strategy with a flexible privatization policy in a mixed oligopoly in which licensing contracts are observable before the government chooses its optimal degree of ex post privatisation. We examine and compare foreign and public licensors and explore the...
Persistent link: https://www.econbiz.de/10015234882
When procuring multiple products from competing firms, a buyer may choose separate purchase, pure bundling, or mixed bundling. We show that pure bundling will generate higher buyer surplus than both separate purchase and mixed bundling, provided that trade for each good is likely to be...
Persistent link: https://www.econbiz.de/10015247094
two firms: the patent holding firm and a non innovative firm. In upstream market, the innovative firm owns an innovation …
Persistent link: https://www.econbiz.de/10015221292
the firms holds a patent allowing to reduce the marginal production cost and decides to license its innovation under a … innovation. Finally, I show that optimal licensing regime for the patent holding firm when innovation is not drastic is fixed fee … and I show that for this licensing regime a Nash equilibrium exists. When innovation is drastic, patent holding firm do …
Persistent link: https://www.econbiz.de/10015221402