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    題名: Fee versus Royalty Licensing in Bertrand Competition in the Presence of Trade Barriers
    作者: Liang, Wen-jung;Tseng, Ching-chih
    貢獻者: 淡江大學產業經濟學系
    關鍵詞: Fixed-fee Licensing;Royalty Licensing;Bertrand Competition;Trade Barriers
    日期: 2009
    上傳時間: 2012-09-12 17:52:03 (UTC+8)
    出版者: Taipei, Taiwan: Department of Industrial Economics, Tamkang University
    摘要: This paper develops a barbell model to take into account trade barriers in exploring the outside patentee's optimal licensing policy under Bertrand competition with homogenous product. Four different contracts, royalty and fixed-fee with exclusive or non-exclusive licensing, are considered. The focus of the paper is on the impact of local monopoly rent generated by trade barriers. It shows that fixed-fee licensing is superior to royalty licensing under Bertrand competition, as trade costs are high irrespective of drastic or non-drastic innovation. It also shows that the outside patentee would select fixed-fee with non-exclusive licensing, as innovation is non-drastic or drastic innovation with sufficiently high trade costs.
    關聯: 2009 International Conference on Trade, Industrial and Regional Economics, 33pages
    顯示於類別:[產業經濟學系暨研究所] 會議論文

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