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Technology Transfer in a Stackelberg Structure: Licensing Contracts and Welfare – Corrigendum
Author(s) -
Cao Jiyun,
Kabiraj Tarun
Publication year - 2018
Publication title -
the manchester school
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.361
H-Index - 42
eISSN - 1467-9957
pISSN - 1463-6786
DOI - 10.1111/manc.12227
Subject(s) - stackelberg competition , mistake , welfare , economics , technology transfer , microeconomics , mathematical economics , industrial organization , law , international trade , market economy , political science
This corrigendum seeks to correct the mistake in Kabiraj (2005, The Manchester School) in calculation of the optimal royalty rate when leader is the patent holder. This calls for modifying some results.