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Licensing in an international market
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Autores
Orientador(es)
Resumo(s)
We study the effects of entry of a foreign firm on domestic welfare in the presence of licensing, when the entrant is technologically superior to the incumbent. We show that foreign entry increases domestic welfare for sufficiently large
technological differences between the firms under both fixed-fee licensing and royalty licensing.
Descrição
Palavras-chave
Industrial organization Cournot model Entry Licensing
Contexto Educativo
Citação
Editora
AIP Publishing