Licensing in the chemical industry
نویسندگان
چکیده
منابع مشابه
Licensing in a Vertically Separated Industry
The literature on technology licensing has ignored the importance of market power of the input supplier. In this paper we examine the impact of licensing in the downstream industry when the firms in the upstream industry have market power. We show that licensing in the downstream industry can make the upstream industry more competitive. However, licensing in the downstream industry is profitabl...
متن کاملLicensing to Vertically Related Markets
We analyse the problem of a non-producing patentee who licenses an essential process innovation to a vertical Cournot oligopoly. The vertical oligopoly is composed of an upstream and a downstream sector which may differ in their efficiency or, in other words, in the benefit they derive from the innovation. In this framework we characterise the optimal licensing contract in terms of the licensin...
متن کاملInnovation, Licensing, and Market Structure in Agricultural Biotechnology
Over the past three decades, the agricultural biotechnology sector has been characterized by rapid innovation, market consolidation, and a more exhaustive definition of property rights. The industry attributes consistently identified by the literature and important to this analysis include: (i) endogenous sunk costs in the form of expenditures on R&D; (ii) seed and agricultural chemical technol...
متن کاملThe International Landscape of Medical Licensing Examinations: A Typology Derived From a Systematic Review
Background National licensing examinations (NLEs) are large-scale examinations usually taken by medical doctors close to the point of graduation from medical school. Where NLEs are used, success is usually required to obtain a license for full practice. Approaches to national licensing, and the evidence that supports their use, varies significantly across the globe. This paper aims to develop a...
متن کاملThe influence of firm and industry characteristics on returns from technology licensing deals: evidence from the US computer and pharmaceutical sectors
This study examines the relationships between firm and industry characteristics and firms’ abnormal stock market returns accompanying the announcement of technology licensing deals. In particular, I examine the fit among firms’ licensing activities, their resource endowments, and their industry context, and develop hypotheses on its impact on abnormal stock market returns after licensing deals....
متن کامل