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    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/110169

    題名: Optimal licensing with equity
    作者: Wang, Kuang-Cheng Andy;Wang, Yi-Jie;Liang, Wen-Jung;Mai, Chao-Cheng
    關鍵詞: Optimal licensing contract;equity licensing;royalty licensing;fixed-fee licensing;Hotelling linear city model.
    日期: 2017-03-01
    上傳時間: 2017-04-18 02:10:30 (UTC+8)
    出版者: Wiley-Blackwell Publishing, Inc.
    摘要: The existing literature for an insider patentee indicates that the optimal licensing contract is royalty licensing under Bertrand competition. This paper explores licensing by means of royalty licensing and equity licensing in a Hotelling linear city model. Given a covered market, this paper shows that the insider patentee would like to choose equity licensing when the transport rate relative to the innovation size is large, while selecting royalty licensing otherwise. Next, provided that the market is uncovered post licensing, this paper finds that equity and fixed-fee licensing are indifferent to the patentee and are both superior to royalty licensing.
    關聯: Papers in Regional Science 96(S1), pp.S207–S220
    DOI: 10.1111/pirs.12174
    顯示於類別:[產業經濟學系暨研究所] 期刊論文


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