This note indicates that the derivation of the royalty contract for licensing in Wang and Yang (Australian Economic Papers, 39 (1999) 106-119) is not correct. As a consequence, the profits of the innovator in the case of royalty licensing are underestimated.
Colombo, S., Patent licensing with Bertrand competitors revisited, <<AUSTRALIAN ECONOMIC PAPERS>>, 2015; (Gennaio): 38-42 [http://hdl.handle.net/10807/71934]
Patent licensing with Bertrand competitors revisited
Colombo, Stefano
2015
Abstract
This note indicates that the derivation of the royalty contract for licensing in Wang and Yang (Australian Economic Papers, 39 (1999) 106-119) is not correct. As a consequence, the profits of the innovator in the case of royalty licensing are underestimated.
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