Does licensing promote innovation?

被引：3
|
作者：
Colombo, Stefano [1 ]
机构：
[1] Univ Cattolica Sacro Cuore, Largo A Gemelli 1, I-20123 Milan, Italy
来源：
ECONOMICS OF INNOVATION AND NEW TECHNOLOGY | 2020年 / 29卷 / 02期
关键词：
Patent licensing; innovation; RESEARCH-AND-DEVELOPMENT; QUANTITY COMPETITION; MARKET; FEE; PATENTS; PRICE;
D O I：
10.1080/10438599.2019.1601373
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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 firms. Under a wide class of licensing mechanisms, we find that as product substitutability increases, the possibility of higher innovation under licensing compared to no licensing decreases. Therefore, firms' heterogeneity is crucial to assess whether licensing incentivizes or not R&D cost-reducing investments.
引用
收藏
页码：206 / 221
页数：16
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