Insider patent holder licensing in an oligopoly market with different cost structures: Fixed-fee, royalty, and auction

Article OPEN
Ming-Chung Chang;
  • Journal: Economics Bulletin,volume 30,issue 1,pages20-31
  • Subject: Licensing strategy, Cost structure, Auction
    • jel: jel:C5 | jel:O3
    acm: ComputingMilieux_GENERAL | Data_GENERAL | ComputingMilieux_LEGALASPECTSOFCOMPUTING

The issue of the optimal licensing contract in firms having different cost structures is studied when the innovator is a producing patent holder who has three alternative licensing strategies, namely, the fixed-fee, royalty rate, and auction strategies. We conclude that... View more
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