2012年4月
Fee versus Royalty Policy in Licensing through Bargaining: An Application of the Nash Bargaining Solution
Bulletin of Economic Research
- ,
- 巻
- 64
- 号
- 2
- 開始ページ
- 293
- 終了ページ
- 304
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1111/j.1467-8586.2010.00356.x
- 出版者・発行元
- WILEY-BLACKWELL
In this paper, we consider a Cournot duopoly market in which the patent-holding firm negotiates with its rival firm about payments for licensing a cost-reducing innovation. Applying the Nash bargaining solution, we compare two licensing policies, a fixed fee and a royalty. Our results are as follows. Royalty licensing is better than fixed fee licensing for both firms if the innovation is not drastic. So, royalty licensing is always carried out. Moreover, though there exists a case in which consumers prefer fixed fee licensing, royalty licensing is always superior to fixed fee licensing from the social point of view.
- リンク情報
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- DOI
- https://doi.org/10.1111/j.1467-8586.2010.00356.x
- Web of Science
- https://gateway.webofknowledge.com/gateway/Gateway.cgi?GWVersion=2&SrcAuth=JSTA_CEL&SrcApp=J_Gate_JST&DestLinkType=FullRecord&KeyUT=WOS:000302296200013&DestApp=WOS_CPL
- URL
- http://onlinelibrary.wiley.com/doi/10.1111/j.1467-8586.2010.00356.x/full
- URL
- http://orcid.org/0000-0002-2798-2046
- ID情報
-
- DOI : 10.1111/j.1467-8586.2010.00356.x
- ISSN : 0307-3378
- ORCIDのPut Code : 41808991
- Web of Science ID : WOS:000302296200013