Whom to license patented technology
✍
Sang-Seung Yi
📂
Article
📅
1998
🏛
John Wiley and Sons
🌐
English
⚖ 80 KB
This paper examines the optimal licensing policy of a patent holder when potential licensees differ in their capacities in absorbing the patented technology. If two-part tariffs with non-negative royalties and fixed fees are feasible, the patent holder finds it optimal to license the strong firm exc