Patent licensing, entry and the incentive to innovate☆
Review articleOpen access
Yair Tauman - No affiliation found
2018/01/01 Full-length article DOI: 10.1016/j.ijindorg.2017.06.010
Journal: International Journal of Industrial Organization
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