Technology Licensing in Vertically Related Markets: A Case of Vertically-Integrated Firm
學年 100
學期 2
發表日期 2012-06-29
作品名稱 Technology Licensing in Vertically Related Markets: A Case of Vertically-Integrated Firm
作品名稱（其他語言）
著者 Kao, Kuo-Feng; Din, Hong-Ren; Shih, Pei-Cyuan
作品所屬單位 淡江大學產業經濟學系
出版者
會議名稱 87th Annual Western Economic Association Conference
會議地點 San Francisco, California, United States
摘要 In this paper, we consider the licensing behavior from an upstream firm to a vertically-integrated firm. We find that the optimal contract includes only a per-unit royalty rate when the innovation is small. Moreover, the royalty rate may be even larger than the innovation level. Under such a circumstance, the competing firms can achieve a collusive outcome through technology licensing; however, the social welfare improves. Furthermore, if the upstream firm determines the input price while dealing the licensing contract with the vertically-integrated firm, the upstream firm licenses to the vertically-integrated firm by a fixed-fee and determines a high input price to deter other downstream firms from entry. That may distort the social welfare.
關鍵字 Technology Licensing;Vertically-related Markets
語言 en
收錄於
會議性質 國際
校內研討會地點
研討會時間 20120629~20120703
通訊作者
國別 USA
公開徵稿 Y
出版型式
出處 proceedings of the 87th Annual Western Economic Association Conference, 15p.
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