The Optimal Licensing Contract in a Differentiated Stackelberg Model

This paper extends the work of Wang (2002) by considering a differentiated Stackelberg model, when the leader firm is an inside innovator and licenses its new technology by three options, that is, fixed-fee licensing, royalty licensing, and two-part tariff licensing. The main contributions and concl...

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Bibliographic Details
Main Authors: Xianpei Hong, Lijun Yang, Huaige Zhang, Dan Zhao
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:The Scientific World Journal
Online Access:http://dx.doi.org/10.1155/2014/437919
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