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Licence autorisant la production d'un nouveau bien et contrats non‐linéaires .
Author(s) -
Erutku Can,
Richelle Yves
Publication year - 2006
Publication title -
canadian journal of economics/revue canadienne d'économique
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 69
eISSN - 1540-5982
pISSN - 0008-4085
DOI - 10.1111/j.1540-5982.2006.00376.x
Subject(s) - licensee , license , business , industrial organization , profit (economics) , marginal cost , production (economics) , microeconomics , product (mathematics) , commerce , computer science , economics , mathematics , geometry , operating system
This paper looks at a situation where a licensor owns a patent on a technology that allows the production of a new good. The licensor seeks to license its innovation to a set of producers that differ according to their marginal cost of producing an existing good. We show that the licensor is able to obtain the profit a monopolist would achieve by producing the new good. The equilibrium licensing contract specifies both a fixed fee and a royalty scheme based on the production of a licensee.