This paper analyzes the optimal licensing contract for the patentor with a quality improvement innovation in a Cournot duopoly market.We examine and compare three licensing contracts(fixed-fee licensing,royalty licens...This paper analyzes the optimal licensing contract for the patentor with a quality improvement innovation in a Cournot duopoly market.We examine and compare three licensing contracts(fixed-fee licensing,royalty licensing,and two-part ad valorem licensing)in terms of the patent-holding firm’s profit,consumer surplus,and social welfare.We also study the impact of quality differences on the choice of licensing contract.One might expect that consumer surplus and social welfare are greater under fixed-fee licensing.However,we show that this conclusion seems to be untrue under quality improvement technology licensing.Moreover,we find that(1)there exists a threshold for the degree of quality difference above which fixed-fee licensing will be listed for the consideration of the patent-holding firm and below which it will be abandoned;(2)royalty licensing and two-part ad valorem licensing are always profitable for the patentholding firm and two-part ad valorem licensing brings the patentee the most profit.展开更多
On June 18th,LP OxoSM SELECTORSM Technology,which is cooperatively of-fered by Dow Technology Licensing,a business unit of The Dow Chemical Company and its consolidated affiliates (Dow),and Davy Process Technology Lim...On June 18th,LP OxoSM SELECTORSM Technology,which is cooperatively of-fered by Dow Technology Licensing,a business unit of The Dow Chemical Company and its consolidated affiliates (Dow),and Davy Process Technology Limited,a Johnson Matthey company,has been selected by Lihuayi Group in China for a new 250展开更多
This study aims to investigate the main factors driving technological innovation within firms in the manufacturing and service sectors of the Czech Republic.We apply a binary logistic regression model to cross-section...This study aims to investigate the main factors driving technological innovation within firms in the manufacturing and service sectors of the Czech Republic.We apply a binary logistic regression model to cross-sectional data from 502 firms,obtained from the World Bank Enterprise Survey.The results of our empirical investigation show that certain elements of the business environment,such as the tax rate,serve as significant obstacles to firms’product innovations.The results also confirm that international technological linkagesdmeasured by international quality certificates and foreign technology licensesdaffect technological innovations.Moreover,we found that internal R&D activities positively impact technological innovation across all sectors;contrarily,we found that process innovation in the manufacturing sector is positively influenced by foreign technology licenses and business association membership.Process innovations in the service sector are positively correlated with external R&D and financing from banking institutions.Finally,business association membership does not positively influence technological innovation in the service sector.Our findings have salient implications for firm managers,policymakers,and scholars aiming to explore and improve innovation outcomes in transitional economies.展开更多
基金supported in part by the Natural Science Foundation of Guangdong Province(Grant No.2021A1515011569)the“13th Five-Year Plan”Foundation of Philosophy and Social Sciences of Guangdong Province(Grant No.GD20CGL55).
文摘This paper analyzes the optimal licensing contract for the patentor with a quality improvement innovation in a Cournot duopoly market.We examine and compare three licensing contracts(fixed-fee licensing,royalty licensing,and two-part ad valorem licensing)in terms of the patent-holding firm’s profit,consumer surplus,and social welfare.We also study the impact of quality differences on the choice of licensing contract.One might expect that consumer surplus and social welfare are greater under fixed-fee licensing.However,we show that this conclusion seems to be untrue under quality improvement technology licensing.Moreover,we find that(1)there exists a threshold for the degree of quality difference above which fixed-fee licensing will be listed for the consideration of the patent-holding firm and below which it will be abandoned;(2)royalty licensing and two-part ad valorem licensing are always profitable for the patentholding firm and two-part ad valorem licensing brings the patentee the most profit.
文摘On June 18th,LP OxoSM SELECTORSM Technology,which is cooperatively of-fered by Dow Technology Licensing,a business unit of The Dow Chemical Company and its consolidated affiliates (Dow),and Davy Process Technology Limited,a Johnson Matthey company,has been selected by Lihuayi Group in China for a new 250
文摘This study aims to investigate the main factors driving technological innovation within firms in the manufacturing and service sectors of the Czech Republic.We apply a binary logistic regression model to cross-sectional data from 502 firms,obtained from the World Bank Enterprise Survey.The results of our empirical investigation show that certain elements of the business environment,such as the tax rate,serve as significant obstacles to firms’product innovations.The results also confirm that international technological linkagesdmeasured by international quality certificates and foreign technology licensesdaffect technological innovations.Moreover,we found that internal R&D activities positively impact technological innovation across all sectors;contrarily,we found that process innovation in the manufacturing sector is positively influenced by foreign technology licenses and business association membership.Process innovations in the service sector are positively correlated with external R&D and financing from banking institutions.Finally,business association membership does not positively influence technological innovation in the service sector.Our findings have salient implications for firm managers,policymakers,and scholars aiming to explore and improve innovation outcomes in transitional economies.
