Patent licensing with spillovers

Reiko Aoki, Yair Tauman

Research output: Contribution to journalArticlepeer-review

Abstract

We study the effect of spillover on extent of licensing of a process innovation. With spillover, increasing the number of licenses makes non-licensees more efficient in addition to increasing competition among licensees. Despite these effects, a patentee of a significant innovation will sell more licenses when there is spillover.

Original languageEnglish
Pages (from-to)125-130
Number of pages6
JournalEconomics Letters
Volume73
Issue number1
DOIs
StatePublished - Oct 2001

Keywords

  • Innovation
  • L1
  • Licensing
  • O32
  • Patents
  • Spillover
  • Technology licensing

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