Fee versus Royalty Licensing in an Endogenous R&D Model
The past researches study on the technology licensing considering a fixed-fee and a royalty by utilizing an exogenous research and development (R&D) model with the patentee has a cost-reducing innovation. In this paper,we discuss the patentees R&D investment licensing under a fixed-fee licensing versus a royalty licensing with an outsider patentee. Two conclusions are: (1) the R&D investment with the fixed-fee licensing is always no less than with the royalty licensing,(2) the fixed-fee licensing is still the best strategy for the patentee himself and for the whole society.
Technology licensing research and development patent
J.Y.Lee C.M.Lu C.S.Tsai C.S.Huang
Department of International Business,National Kaohsiung University of Applied Sciences,Kaohsiung,Tai Department of International Business,Kao Yuan University,Kaohsiung County,Taiwan Department of Economics,National Chung Cheng University,Chia-Yi County,Taiwan
国际会议
北京
英文
1983-1987
2009-10-21(万方平台首次上网日期,不代表论文的发表时间)