Ivan Kotliarov

Royalty Rate Structure in Case of Franchising

The present article contains an analysis of differences between licensing and franchising. It is demonstrated that models of royalty rate calculation developed for licensing should not be applied to franchising as benefits received by licensee and franchisee are different. It is proposed to include in the model of royalty calculation the risk reduction generated by franchisor’s effective techno...

A Risk-income Method of Royalty Rate Calculation in Case of Franchising

The present article contains a description of a new method of royalty calculation based on analysis of risk decrease generated by franchisor’s intellectual assets transmitted to franchisees.

Padmakar-Ivan Index in Nanotechnology

In this survey article a brief account on the development of Padmakar-Ivan (PI) index in that applications of Padmakar-Ivan (PI) index in the fascinating field of nano-technology are discussed.

Autobiography of IVAN GUTMAN

Characteristics of Transactions: a New Approach

Transaction is the main concept of the New Institutional Theory (NIT). According to specialists (R. Coase, O. Williamson etc.), transactions can be described by the following characteristics: asset specificity, uncertainty, frequency, transformation costs and transaction costs. Obviously, these characteristics can be divided into two groups: internal characteristics (asset specificity, uncertai...