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 language | English |
|---|---|
| Pages (from-to) | 125-130 |
| Number of pages | 6 |
| Journal | Economics Letters |
| Volume | 73 |
| Issue number | 1 |
| DOIs | |
| State | Published - Oct 2001 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Innovation
- L1
- Licensing
- O32
- Patents
- Spillover
- Technology licensing
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