Small and medium sized enterprises (SMEs) located in the least developed countries
(LDCs), operate in distinctively hostile institutional environments compared to those in …

This paper sets up a three-stage (R&D, technology licensing, and output) oligopoly game in
which only one of the firms undertakes a cost-reducing R&D and may license the developed …

Under the assumption of decreasing returns to scale, we compare several licensing
mechanisms—per-unit royalty, an ad valorem royalty, and a revenue-royalty, and …

This study analyzes the issue of technology-licensing cooperation between a firm with
production patent technology and a firm with inferior production technology, and obtains the …

We show that, in the presence of technology licensing, entry in an industry with Cournot
competition may lead to a socially insufficient, number of firms. Insufficient entry occurs if the …

There is an abundant literature on the economic (including trade) effects of Aid for Trade
(AfT) flows. However, little attention has been devoted to the effect of AfT flows on demand …

We examine how a tariff on imported final goods can increase the profit of a domestic
upstream firm in the international input market. In vertically related markets without an input …

We investigate the welfare effect of international technology transfer in a quality model. A
foreign innovator with a new quality product can license its innovation to the domestic firm …

We analyse the impact of licensing on the equilibrium amount of cost-reducing innovation
under several licensing mechanisms in the case of a duopoly model with heterogeneous …

Licensing generally improves welfare as markets become competitive with technology
diffusion. However, as licensing increases the value of a patent, the welfare gain may be …