Welfare improving licensing with endogenous choice of prices versus quantities
學年 108
學期 1
出版（發表）日期 2020-01-01
作品名稱 Welfare improving licensing with endogenous choice of prices versus quantities
作品名稱（其他語言）
著者 Hong-Ren Din , Chia-Hung Sun
單位
出版者
著錄名稱、卷期、頁數 North American Journal of Economics and Finance 51, 100859
摘要 This paper investigates the endogenous choice of prices versus quantities by taking into account patent licensing where the patent holder, which is itself a producer within the industry, licenses its cost-reducing innovation to the rival firm through a two-part tariff contract. For substitute products we find that both Cournot and mixed price-quantity competition may constitute the equilibrium outcomes, depending on the innovation size. Contrary to the results in Fauli-Oller and Sandonis (2002), we show that the optimal licensing contract definitely leads to an increase in social welfare. Our result reinforces the positive welfare effect of patent licensing.
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