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政大機構典藏 > 商學院 > 企業管理學系 > 期刊論文 > Item 140.119/111922

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/111922

Title:	A Macroeconomic Model of Imperfect Competition with Patent Licensing
Authors:	賴景昌 Hsieh, Hui-ting Lai, Ching-chong Chen, Kuan-jen
Contributors:	財政學系
Date:	2015-10
Issue Date:	2017-08-10 17:03:20 (UTC+8)
Abstract:	This paper sets up an imperfectly competitive macroeconomic model that features the strategic interaction between the patent-holding firm and licensees, and uses it to analyze the relevant macro-variables under various licensing arrangements. Some main findings emerge from the analysis. First, the equilibrium aggregate output and aggregate consumption under fixed-fee and royalty licensing regimes are always greater than those under the no licensing regime. Moreover, the equilibrium aggregate output and consumption under the fixed-fee licensing regime are always greater than those under the royalty licensing regime. Second, with the higher (lower) technology level the patent holder prefers the fixed-fee (royalty) contract. Third, welfare could be improved through technology transfer, and the level of welfare under the fixed-fee licensing regime is higher than that under the royalty licensing regime. Lastly, this paper discusses some extensions of the baseline model. © 2015 by De Gruyter.
Relation:	B.E. Journal of Economic Analysis and Policy, 15(4), 1579-1618
Data Type:	article
DOI 連結:	https://dx.doi.org/10.1515/bejeap-2013-0144
DOI:	10.1515/bejeap-2013-0144
Appears in Collections:	[企業管理學系] 期刊論文

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