Product licensing by phone
نویسندگان
چکیده
منابع مشابه
Strategic Licensing of Product Innovations
Obtaining a patent provides the patentee with the ability to offer a potential entrant a license to operate within the patent that has been claimed. This paper shows that the patentee always has an incentive to provide a license if the patentee is unable to use patent breadth to deter entry (if the patentee can deter entry, it is optimal for the patentee to do so). Licensing a new product to a ...
متن کاملPartial Licensing of Product Innovations ∗
We study the incentives of a product innovator to license its product “partially” to a potential entrant. In a duopolistic setting we consider product design of a modular nature, which enables the incumbent to license some modules of its innovation. Competition is characterized by the size of the shared component of the product which determines the degree of product differentiation. Therefore, ...
متن کاملLicensing of a Drastic Innovation with Product Differentiation
We analyze the licensing of a drastic innovation when products are differentiated due to consumer and/or product heterogeneity. We show that an industry insider prefers to divest its production arm and license the new technology as an industry outsider, in which case it can replicate multiproduct monopoly profits. We derive the optimal contracts and the optimal number of licenses by assuming a ...
متن کاملLicensing radical product innovations to speed up the diffusion
Inventors can commercialize innovative products by themselves and simultaneously license the technology to other firms. The licensee may cannibalize sales of the licensor, but this can be compensated by gains from royalties. We show in this paper how licenses can be used strategically to speed up the new product diffusion process in two instances of markets: (i) a market with strong Intellectua...
متن کاملInnovation and licensing in models of product differentiation
In this paper we consider licensing of innovations in markets with differentiated products. We analyze models where firms compete in prices and are offered by an outsider innovator an innovation that increases the quality of their product. We examine the licensing policies of auction, fixed fee, linear royalty and their combination; the optimal number of licensees, the effect of the licensing p...
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ژورنال
عنوان ژورنال: Nature
سال: 1990
ISSN: 0028-0836,1476-4687
DOI: 10.1038/343196b0