Licensing a sequence of innovations

Neil Gandal*, Katharine Rockett

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

It is common for a firm which receives a license for a technology also to obtain, as part of the contract, a license for future improvements on that technology. We derive market structure reasons why such a provision might be used in a two period setting.

Original languageEnglish
Pages (from-to)101-107
Number of pages7
JournalEconomics Letters
Volume47
Issue number1
DOIs
StatePublished - Jan 1995

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