We model an innovator's choice of payment scheme and duration as a joint decision in a multi-period licensing game with potential sequential innovations and some irreversibility of technology transfer. We find that it may be optimal to license the innovation for less than the full length of the...

We model an innovator's choice of payment scheme and duration as a joint decision in a multi-period licensing game with potential sequential innovations and some irreversibility of technology transfer. We find that it may be optimal to license the innovation for less than the full length of the...

This paper examines the extent to which children enter into occupations that are different from their father’s occupation, but require similar skills, which we call task following. We also consider the possibility that fathers are able to transfer task specific human capital either through...