Record Details

Ad-valorem and Royalty Licensing Under Decreasing Returns to Scale

Asian Journal of Business and Management

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Field Value
 
Title Ad-valorem and Royalty Licensing Under Decreasing Returns to Scale
 
Creator Mavrommati, Athanasia
Karakitsiou, Athanasia
 
Subject Patent Licensing
Royalty
Ad-valorem
Cournot Duopoly
Game Theory
 
Description In this paper we study the licensing of a cost reducing innovation by an internal patentee. The analysis considers  a Cournot duopoly characterized by non-constant returns to scale. The patentee chooses strategically whether to charge a per-unit or an ad-valorem royalty to the other firm in the industry. Our results indicate that an internal innovator may generate different incentives for his licensing contract depending on the cost reduction imposed by the use of the new technology.
 
Publisher Asian Online Journals
 
Date 2013-05-07
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://ajouronline.com/index.php/AJBM/article/view/119
 
Source Asian Journal of Business and Management; Vol. 1 No. 1 (2013): April 2013
2321-2802
 
Language eng
 
Relation https://ajouronline.com/index.php/AJBM/article/view/119/115