Licensing Contracts: Control Rights and Options
نویسندگان
چکیده
منابع مشابه
Multimedia Licensing Contracts: Uses and Rights
Impressive computer-based collections efforts have created storeholds of museum images that are being sought for boundless educational, reference and entertainment opportunities in the new technologies, both because museums contain vast content for these informational products and because there is a general assumption that rights clearance will be easier when approaching one source. But, the de...
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Often entrepreneurs and investors agree to governance mechanisms that resemble joint control – neither agent has dominant control of the firm, and corporate decisions unspecified in the initial contract are made only with the approval of both agents. This contradicts theoretical predictions that joint control is suboptimal, except under some limited circumstances. I develop a theoretical model ...
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Venture capitalists often hold extensive control rights over entrepreneurial companies, including the right to fire entrepreneurs. This paper examines why, and under what circumstances, entrepreneurs would voluntarily relinquish control. Control rights protect the venture capitalists from hold-up by the entrepreneurs. This provides the correct incentives for the venture capitalists to search fo...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2270168