Licensing Essential Patents: The Non-Discriminatory Commitment and Hold-Up

被引：7

作者：

Li, Youping ^{[1
]}

Shuai, Jie ^{[2
]}

机构：

[1] East China Univ Sci & Technol, Sch Business, 130 Meilong Rd, Shanghai, Peoples R China

[2] Zhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave, Wuhan, Hubei, Peoples R China

来源：

JOURNAL OF INDUSTRIAL ECONOMICS | 2019年 / 67卷 / 01期

基金：

中国国家自然科学基金;

关键词：

3RD-DEGREE PRICE-DISCRIMINATION; STANDARD-SETTING ORGANIZATIONS; PROPERTY-RIGHTS; INTEGRATION; TECHNOLOGY; OWNERSHIP; ROYALTIES; CHOICE;

D O I：

10.1111/joie.12177

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Licensors of patents essential to a standard are often required to license on reasonable and non-discriminatory (RAND) terms. Using a model with owners of essential patents and licensees who invest into standard-conforming technologies, this paper demonstrates that the non-discriminatory commitment alleviates the hold-up problem. Moreover, it improves consumer and social welfare, and promotes upstream innovation as licensing revenue is increased. In an extended model with each licensor independently choosing whether to make the commitment, all licensors voluntarily commit in the unique equilibrium.

引用

页码：37 / 55

页数：19

共 36 条

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