Fee versus Royalty Licensing in Bertrand Competition in the Presence of Trade Barriers
學年 97
學期 1
發表日期 2009-03-13
作品名稱 Fee versus Royalty Licensing in Bertrand Competition in the Presence of Trade Barriers
作品名稱(其他語言)
著者 Liang, Wen-jung; Tseng, Ching-chih
作品所屬單位 淡江大學產業經濟學系
出版者 Taipei, Taiwan: Department of Industrial Economics, Tamkang University
會議名稱 2009 International Conference on Trade, Industrial and Regional Economics
會議地點 Taipei, Taiwan
摘要 This paper develops a barbell model to take into account trade barriers in exploring the outside patentee's optimal licensing policy under Bertrand competition with homogenous product. Four different contracts, royalty and fixed-fee with exclusive or non-exclusive licensing, are considered. The focus of the paper is on the impact of local monopoly rent generated by trade barriers. It shows that fixed-fee licensing is superior to royalty licensing under Bertrand competition, as trade costs are high irrespective of drastic or non-drastic innovation. It also shows that the outside patentee would select fixed-fee with non-exclusive licensing, as innovation is non-drastic or drastic innovation with sufficiently high trade costs.
關鍵字 Fixed-fee Licensing; Royalty Licensing; Bertrand Competition; Trade Barriers
語言 en
收錄於
會議性質 國際
校內研討會地點 淡水校園
研討會時間 20090313~20090314
通訊作者 Liang, Wen-jung; Tseng, Ching-chih
國別 TWN
公開徵稿 Y
出版型式 紙本
出處 2009 International Conference on Trade, Industrial and Regional Economics, 33pages
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