A technology licensing model with endogenous timing
學年 112
學期 1
出版(發表)日期 2023-09-01
作品名稱 A technology licensing model with endogenous timing
作品名稱(其他語言)
著者 Din, Hong-Ren, Sun, Chia-Hung
單位
出版者
著錄名稱、卷期、頁數 Review of Industrial Organization 63, 407–432
摘要 Based on a licensing model where a licensor (an innovator) is itself a producer in the product market, this research investigates the endogenous timing of setting a quantity (price) under unit-royalty licensing, fixed-fee licensing, and two-part tariff licensing contracts. We demonstrate that the results of equilibrium timing depend on the various payment terms of a licensing contract as well as the innovation size. For the fixed-fee licensing contract, both firms play a simultaneous game under Cournot competition and play a sequential game under Bertrand competition. In contrast, both firms play a sequential game under Cournot competition and play a simultaneous game under Bertrand competition when the innovator licenses via a unit-royalty licensing contract and the innovation size is relatively large.
關鍵字
語言 zh_TW
ISSN
期刊性質 國內
收錄於 SSCI
產學合作
通訊作者
審稿制度 0
國別 TWN
公開徵稿
出版型式 ,電子版