Logo
Munich Personal RePEc Archive

Royalty and license fee under oligopoly with or without entry of innovator: Two-step auction

Hattori, Masahiko and Tanaka, Yasuhito (2017): Royalty and license fee under oligopoly with or without entry of innovator: Two-step auction.

[thumbnail of MPRA_paper_78858.pdf]
Preview
PDF
MPRA_paper_78858.pdf

Download (153kB) | Preview

Abstract

When an outside innovating firm has a cost-reducing technology, it can sell licenses of its technology to incumbent firms, or enter the market and at the same time sell licenses, or enter the market without license. We examine the definitions of license fees in such situations under oligopoly with three firms, one outside innovating firm and two incumbent firms, considering threat by entry of the innovating firm using a two-step auction. Also we suppose that the innovating firm sells its licenses using a combination of royalty per output and a fixed license fee.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.