文化大學機構典藏 CCUR:Item 987654321/26920
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    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: https://irlib.pccu.edu.tw/handle/987654321/26920


    题名: Technology licensing, R&D and welfare
    作者: Chang, RY (Chang, Ray-Yun)
    Hwang, H (Hwang, Hong)
    Peng, CH (Peng, Cheng-Hau)
    贡献者: Dept Econ
    关键词: Technology licensing
    R&D investment
    Social welfare
    日期: 2013-02
    上传时间: 2014-03-03 10:39:52 (UTC+8)
    摘要: This paper sets up a three-stage (R&D, technology licensing, and output) oligopoly game in which only one of the firms undertakes a cost-reducing R&D and may license the developed technology to the others by means of a two-part tariff (i.e., a per-unit royalty and an upfront fee) contract. It is found with surprise that if the licensor firm's R&D efficiency is high, the availability of licensing subdues the firm's R&D incentive, leading to a lower social welfare level. This result implies that a government has to be cautious when encouraging technology licensing among firms. (C) 2012 Elsevier B.V. All rights reserved.
    關聯: ECONOMICS LETTERS Volume: 118 Issue: 2 Pages: 396-399
    显示于类别:[經濟學系暨經濟學系碩博士班] 期刊論文

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