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  • 标题:Licensing technology and foreclosure
  • 本地全文:下载
  • 作者:Derek J. Clark ; Øystein Foros ; Jan Yngve Sand
  • 期刊名称:Discussion Papers / Norwegian School of Economics and Business Administration
  • 印刷版ISSN:0804-6824
  • 出版年度:2007
  • 卷号:2007
  • 出版社:Bergen
  • 摘要:We consider an industry where one firm with a superior technology competes for market shares with several rivals. The owner of the superior technology (the dominant firm) can license or transfer the source of its dominance to a subset of rivals. Allowing the non-license takers to remain active in the market is a drain on the profit of the insiders, and we demonstrate that the dominant firm will only make a transfer of the superior technology if it can be used to foreclose some rival firms. Foreclosure of a subset of firms may thus be the outcome even without restrictions on the licensing schemes. Moreover, we show that when licensing is profitable, the dominant firm will prefer a complete transfer even if a partial transfer can be made.
  • 关键词:Licensing, foreclosure, contest
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