Publisher Summary This chapter focuses on the patent licensing. Game-theoretic methods
have made it possible to address questions with regard to patent licensing. The common …

38 G. CreSpI et aL. completely novel sectors, where new firms start operating and new
production routines are generated. Change in the production structure is what increases …

This study examines the determinants of technological innovation and its impact on firm
labor productivity across Latin American countries (Argentina, Chile, Colombia, Costa Rica …

This unique book–informed by ten years' research–focuses on intellectual property and
charts the global transition towards intellectual capitalism with technology-based …

The paper studies contracting between one principal and N agents in the presence of
multilateral externalities. When the principal commits to publicly observed bilateral contracts …

This paper finds that royalty licensing can be superior to fixed-fee licensing for the patent-
holding firm when the cost-reducing innovation is non-drastic. The reason for this result is …

Optimal combinations of upfront fees and royalties are considered for a cost-reducing
innovation in a Cournot oligopoly for both outside and incumbent innovators. It is shown that …

We consider situations where a sale affects the ensuing interaction between potential
buyers. These situations are modeled by assuming that an agent who does not acquire the …

In this paper we compare and contrast the most profitable modes of licensing a cost‐
reducing invention by an inventor who is an industry incumbent with one who is not. We find …

This paper studies and compares licensing by means of a fixed-fee and licensing by means
of a royalty in a differentiated Cournot duopoly model where one of the firms has a cost …