Does licensing promote innovation?

References

• Agrawal, A., S. Bhattacharya, and S. Hasija. 2016. “Cost-reducing Innovation and the Role of Patent Intermediaries in Increasing Market Efficiency.” Production and Operations Management 25: 173–191. doi: 10.1111/poms.12391
   Web of Science ®Google Scholar
• Antelo, M., and A. Sampayo. 2017. “On the Number of Licenses with Signalling.” The Manchester School 85: 635–660. doi: 10.1111/manc.12157
   Web of Science ®Google Scholar
• Arrow, K. J. 1962. “Economic Welfare and the Allocation of Resources for Invention.” In The Rate and Direction of Inventive Activity, edited by R. R. Nelson, 609–626. Princeton, NJ: Princeton University Press.
   Google Scholar
• Chang, R. Y., H. Hwang, and C. H. Peng. 2013. “Technology Licensing, R&D and Welfare.” Economics Letters 118: 396–399. doi: 10.1016/j.econlet.2012.11.016
   Web of Science ®Google Scholar
• Chen, J., L. Liang, and D. Yao. 2017. “An Analysis of Intellectual Property Licensing Strategy Under Duopoly Competition: Component or Product-Based?.” International Journal of Production Economics 193: 502–513. doi: 10.1016/j.ijpe.2017.08.016
   Web of Science ®Google Scholar
• Chowdhury, Roy. 2005. “Patents and R&D: the Tournament Effect.” Economics Letters 89: 120–126. doi: 10.1016/j.econlet.2005.05.020
   Web of Science ®Google Scholar
• Colombo, S. 2014. “Fee Versus Royalty Licensing in Spatial Cournot Competition.” The Annals of Regional Science 52: 859–879. doi: 10.1007/s00168-014-0614-4
   Web of Science ®Google Scholar
• Colombo, S., and L. Filippini. 2013. “Fee Versus Royalty Licensing in a Cournot Duopoly Model with a Commitment of no Production.” Economics Bulletin 33: 2122–2128.
   Google Scholar
• Colombo, S., and L. Filippini. 2014. “Licensing and Innovation: A Comment.” Economics Letters 125: 353–356. doi: 10.1016/j.econlet.2014.09.036
   Web of Science ®Google Scholar
• Colombo, S., and L. Filippini. 2015. “Patent Licensing with Bertrand Competitors.” The Manchester School 83: 1–16. doi: 10.1111/manc.12050
   Web of Science ®Google Scholar
• Colombo, S., and L. Filippini. 2016. “Revenue Royalties.” Journal of Economics 118: 47–76. doi: 10.1007/s00712-015-0459-z
   Web of Science ®Google Scholar
• Doganoglu, T., F. Inceoglu, and J. Muthers. 2018. “ Licensing with Free Entry.” Working Paper.
   Google Scholar
• Erkal, N. 2005. “Optimal Licensing Policy in Differentiated Industries.” Economic Record 81: 51–60. doi: 10.1111/j.1475-4932.2005.00216.x
   Web of Science ®Google Scholar
• Erutku, C., and Y. Richelle. 2007. “Optimal Licensing Contracts and the Value of a Patent.” Journal of Economics & Management Strategy 16: 407–436. doi: 10.1111/j.1530-9134.2007.00144.x
   Web of Science ®Google Scholar
• Fan, C., B. H. Jun, and E. G. Wolfstetter. 2018. “Per Unit vs. ad Valorem Royalty Licensing.” Economics Letters 170: 71–75. doi: 10.1016/j.econlet.2018.06.002
   Web of Science ®Google Scholar
• Faulí-Oller, R., and J. Sandonís. 2002. “Welfare Reducing Licensing.” Games and Economic Behavior 41: 192–205. doi: 10.1016/S0899-8256(02)00513-4
   Web of Science ®Google Scholar
• Faulí-Oller, R., and J. Sandonís. 2003. “To Merge or to License: Implications for Competition Policy.” International Journal of Industrial Organization 21: 655–672. doi: 10.1016/S0167-7187(02)00122-4
   Web of Science ®Google Scholar
• Filippini, L. 2002. “Cost Reduction, Licensing, and Incentive to Innovate: A Note.” Economics of Innovation and New Technology 11: 51–59. doi: 10.1080/10438590210893
   Google Scholar
• Filippini, L. 2005. “Licensing Contract in a Stackelberg Model.” The Manchester School 73: 582–598. doi: 10.1111/j.1467-9957.2005.00465.x
   Web of Science ®Google Scholar
• Filippini, L., and C. Vergari. 2017. “Vertical Integration Smooths Innovation Diffusion.” The B.E. Journal of Economic Analysis & Policy 17: 1–22. doi: 10.1515/bejeap-2016-0126
   Web of Science ®Google Scholar
• Fosfuri, A., and E. Roca. 2004. “Optimal Licensing Strategy: Royalty or Fixed fee.” International Journal of Business Economics 3: 13–19.
   Google Scholar
• Gallini, N., and R. Winter. 1985. “Licensing in the Theory of Innovation.” The RAND Journal of Economics 16: 237–252. doi: 10.2307/2555412
   Web of Science ®Google Scholar
• Hackner, J. 2000. “A Note on Price and Quantity Competition in Differentiated Oligopolies.” Journal of Economic Theory 93: 233–239. doi: 10.1006/jeth.2000.2654
   Web of Science ®Google Scholar
• Hong, X., K. Govindan, L. Xu, and P. Du. 2017. “Quantity and Collection Decisions in a Closed-Loop Supply Chain with Technology Licensing.” European Journal of Operational Research 256: 820–829. doi: 10.1016/j.ejor.2016.06.051
   Web of Science ®Google Scholar
• Kamien, M., and Y. Tauman. 1984. “The Private Value of a Patent: A Game Theoretic Analysis.” Journal of Economics 4: 93–118.
   Google Scholar
• Kamien, M., and Y. Tauman. 1986. “Fees Versus Royalties and the Private Value of a Patent.” The Quarterly Journal of Economics 101: 471–491. doi: 10.2307/1885693
   Web of Science ®Google Scholar
• Kamien, M., and Y. Tauman. 2002. “Patent Licensing: The Inside Story.” The Manchester School 70: 7–15. doi: 10.1111/1467-9957.00280
   Web of Science ®Google Scholar
• Katz, M., and C. Shapiro. 1985. “On the Licensing of Innovations.” The RAND Journal of Economics 16: 504–520. doi: 10.2307/2555509
   Web of Science ®Google Scholar
• Kishimoto, S., and S. Muto. 2012. “Fee Versus Royalty Policy in Licensing Through Bargaining: An Application of the Nash Bargaining Solution.” Bulletin of Economic Research 64: 293–304. doi: 10.1111/j.1467-8586.2010.00356.x
   Web of Science ®Google Scholar
• Li, C., and J. Song. 2009. “Technology Licensing in a Vertically Differentiated Duopoly.” Japan and the World Economy 21: 183–190. doi: 10.1016/j.japwor.2008.04.002
   Web of Science ®Google Scholar
• Lin, P., and K. Saggi. 2002. “Product Differentiation, Process R&D, and the Nature of Market Competition.” European Economic Review 46: 201–211. doi: 10.1016/S0014-2921(00)00090-8
   Web of Science ®Google Scholar
• Mukherjee, A. 2005. “Innovation, Licensing and Welfare.” The Manchester School 73: 29–39. doi: 10.1111/j.1467-9957.2005.00422.x
   Web of Science ®Google Scholar
• Mukherjee, A., and S. Mukherjee. 2005. “Foreign Competition with Licensing.” The Manchester School 73: 653–663. doi: 10.1111/j.1467-9957.2005.00470.x
   Web of Science ®Google Scholar
• Mukherjee, A., and S. Mukherjee. 2013. “Technology Licensing and Innovation.” Economics Letters 120: 499–502. doi: 10.1016/j.econlet.2013.05.015
   Web of Science ®Google Scholar
• Mukherjee, A., and A. Ray. 2007. “Patents, Imitation, and Welfare.” Economics of Innovation and New Technology 16: 227–236. doi: 10.1080/10438590600661855
   Google Scholar
• Poddar, S., and U. B. Sinha. 2004. “On Patent Licensing in Spatial Competition.” Economic Record 80: 208–218. doi: 10.1111/j.1475-4932.2004.00173.x
   Web of Science ®Google Scholar
• Rostoker, M. D. 1983. “PTC Research Report: a Survey of Corporate Licensing.” IDEA: Journal of Law and Technology 24: 59–92.
   Google Scholar
• San Martín, M., and A. I. Saracho. 2010. “Royalty Licensing.” Economics Letters 107: 284–287. doi: 10.1016/j.econlet.2010.02.010
   Web of Science ®Google Scholar
• San Martín, M., and A. I. Saracho. 2015. “Optimal Two-Part Tariff Licensing Mechanisms.” The Manchester School 83: 288–306. doi: 10.1111/manc.12059
   Web of Science ®Google Scholar
• San Martín, M., and A. I. Saracho. 2016. “Patent Strength and Optimal Two-Part Tariff Licensing with a Potential Rival Incorporating ad Valorem Royalties.” Economics Letters 143: 28–31. doi: 10.1016/j.econlet.2016.03.006
   Web of Science ®Google Scholar
• Saracho, A. I. 2002. “Patent Licensing Under Strategic Delegation.” Journal of Economics & Management Strategy 11: 225–251. doi: 10.1111/j.1430-9134.2002.00225.x
   Web of Science ®Google Scholar
• Sen, D., and Y. Tauman. 2018. “Patent Licensing in a Cournot Oligopoly: General Results.” Mathematical Social Sciences 96: 37–48. doi: 10.1016/j.mathsocsci.2018.08.001
   Web of Science ®Google Scholar
• Singh, N., and X. Vives. 1984. “Price and Quantity Competition in a Differentiated Duopoly.” The RAND Journal of Economics 15: 546–554. doi: 10.2307/2555525
   Web of Science ®Google Scholar
• Thursby, J. G., R. Jensen, and M. C. Thursby. 2001. “Objectives, Characteristics, and Outcomes of University Licensing.” The Journal of Technology Transfer 26: 59–72. doi: 10.1023/A:1007884111883
   Google Scholar
• Wang, X. H. 1998. “Fee Versus Royalty Licensing in a Cournot Duopoly Model.” Economics Letters 60: 55–62. doi: 10.1016/S0165-1765(98)00092-5
   Web of Science ®Google Scholar
• Wang, X. H., and B. Yang. 1999. “On Licensing Under Bertrand Competition.” Australian Economic Papers 38: 106–119. doi: 10.1111/1467-8454.00045
   Google Scholar
• Watanabe, N., and S. Muto. 2008. “Stable Profit Sharing in a Patent Licensing Game: General Bargaining Outcomes.” International Journal of Game Theory 37: 505–523. doi: 10.1007/s00182-008-0130-9
   Web of Science ®Google Scholar
• Yan, Q., and L. Yang. 2018. “Optimal Licensing in a Differentiated Bertrand Market Under Uncertain R&D Outcomes and Technology Spillover.” Economic Modelling 68: 117–126. doi: 10.1016/j.econmod.2017.06.013
   Web of Science ®Google Scholar