English, Article edition: ON TECHNOLOGY LICENSING IN A STACKELBERG DUOPOLY X. HENRY WANG; BILL Z. YANG

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Bookmark: http://trove.nla.gov.au/version/120002
Physical Description
  • article
Language
  • English

Edition details

Title
  • ON TECHNOLOGY LICENSING IN A STACKELBERG DUOPOLY
Author
  • X. HENRY WANG
  • BILL Z. YANG
Physical Description
  • article
Notes
  • This paper finds that in a linear Stackelberg duopoly model, the follower is more likely to license a cost-reducing innovation to the leader than the leader is to the follower, regardless of whether licensing is in the form of a fixed fee or royalty per unit of output. Under fixed-fee licensing, the follower gains more from small innovations while the leader gains more from large non-drastic innovations. Under royalty licensing, the follower always gains more than the leader from an innovation. Copyright Blackwell Publishing Ltd/​University of Adelaide and Flinders University of South Australia 2004.
  • RePEc:bla:ausecp:v:43:y:2004:i:4:p:448-458
Language
  • English
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