Patent licensing, entry and the incentive to innovate☆
Review articleOpen access
Abstract:

Highlights•Innovator auctions licenses to both potential entrants and incumbent firms.•The incentive to innovate is maximized if the market is initially a monopoly.•The post-innovation market structure and the social welfare are analyzed.

Request full text

References (0)

Cited By (0)

No reference data.
No citation data.
Advertisement
Join Copernicus Academic and get access to over 12 million papers authored by 7+ million academics.
Join for free!