Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/8583
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dc.contributor.authorSağlam, İsmail-
dc.date.accessioned2022-07-30T16:41:49Z-
dc.date.available2022-07-30T16:41:49Z-
dc.date.issued2023-
dc.identifier.citationSaglam, I. (2023). Licensing cost‐reducing innovations under supply function competition. Bulletin of Economic Research, 75(1), 180-201.en_US
dc.identifier.issn0307-3378-
dc.identifier.issn1467-8586-
dc.identifier.urihttps://doi.org/10.1111/boer.12349-
dc.identifier.urihttps://hdl.handle.net/20.500.11851/8583-
dc.description.abstractIn this paper, we study the licensing of cost-reducing innovations in a duopoly under supply function competition. We show that the innovator prefers fixed-fee licensing to no licensing if its cost advantage is not extremely large. Moreover, if its cost advantage is not extremely small, the innovator prefers fixed-fee licensing and mixed licensing to revenue-royalty licensing. This second result arises only because of our assumption that the cost functions are quadratic. We show that if the cost functions are linear and royalty payments are per unit of output, the innovator strictly prefers royalty licensing to fixed-fee licensing. We also show that in our model, consumer surplus is remarkably higher under any type of licensing than under no licensing. However, revenue-royalty licensing is slightly superior for consumers to the other two types of licensing and only so if the cost advantage of the innovator is sufficiently large.en_US
dc.language.isoenen_US
dc.publisherWileyen_US
dc.relation.ispartofBulletin of Economic Researchen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectduopolyen_US
dc.subjectlicensingen_US
dc.subjectsupply function competitionen_US
dc.subjectFixed-Feeen_US
dc.subjectEco-Technologyen_US
dc.subjectSuperiorityen_US
dc.subjectRoyaltiesen_US
dc.subjectOligopolyen_US
dc.subjectContracten_US
dc.subjectAuctionen_US
dc.subjectFirmsen_US
dc.titleLicensing Cost-Reducing Innovations Under Supply Function Competitionen_US
dc.typeArticleen_US
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümüen_US
dc.departmentFaculties, Faculty of Economics and Administrative Sciences, Department of Economicsen_US
dc.identifier.wosWOS:000804844700001en_US
dc.identifier.scopus2-s2.0-85131132382en_US
dc.institutionauthorSağlam, İsmail-
dc.identifier.doi10.1111/boer.12349-
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.identifier.scopusqualityQ3-
item.openairetypeArticle-
item.languageiso639-1en-
item.grantfulltextnone-
item.fulltextNo Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.cerifentitytypePublications-
crisitem.author.dept04.01. Department of Economics-
Appears in Collections:İktisat Bölümü / Department of Economics
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection
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