This paper analyzes how an inventor should …x the licensing terms to license a standard in complying with a non-discrimination requirement. Using a model incorporating imperfect competition between a …nite number of users and product di¤erentiation, we compare three di¤erent regimes: …xed fee (also known as royalty free), per unit royalty and two-part tari¤. We highlight the di¤erent e¤ects of ...

In this paper technology policy of India which has evolved over the years have been introduced as following: Firstly, it is selective and seeks to protect local technology. Secondly, it seeks to reduce to direct costs and individual costs of technology imports by regulating the royalty rates, other payments, the duration and restrictive clauses. Thirdly, it discourages technology imports throug...

The existing temporary protection system seems to protect patent applicants through royalties. In fact, due its emphasis on technology dissemination, pursuit of judicial efficiency, and lack relief for cost recovery during the duration, is ineffective. abnormal mode that holds “double given when a authorized no not authorized” provides larger room “submarine patent”. Concerning behavior “implem...

We develop a model, based on asymmetric information, which provides a rational explanation for the persistent use of royalties alongside equity in university technology transfer. The model shows how royalties, through their value destroying distortions, can act as a screening tool that allows a less informed principal, such as the university’s Technology Transfer Office (TTO), to elicit private...