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題名 A Macroeconomic Model of Imperfect Competition with Patent Licensing
作者 賴景昌
Hsieh, Hui-ting
Lai, Ching-chong
Chen, Kuan-jen
貢獻者 財政學系
日期 2015-10
上傳時間 10-八月-2017 17:03:20 (UTC+8)
摘要 This paper sets up an imperfectly competitive macroeconomic model that features the strategic interaction between the patent-holding firm and licensees, and uses it to analyze the relevant macro-variables under various licensing arrangements. Some main findings emerge from the analysis. First, the equilibrium aggregate output and aggregate consumption under fixed-fee and royalty licensing regimes are always greater than those under the no licensing regime. Moreover, the equilibrium aggregate output and consumption under the fixed-fee licensing regime are always greater than those under the royalty licensing regime. Second, with the higher (lower) technology level the patent holder prefers the fixed-fee (royalty) contract. Third, welfare could be improved through technology transfer, and the level of welfare under the fixed-fee licensing regime is higher than that under the royalty licensing regime. Lastly, this paper discusses some extensions of the baseline model. © 2015 by De Gruyter.
關聯 B.E. Journal of Economic Analysis and Policy, 15(4), 1579-1618
資料類型 article
DOI https://dx.doi.org/10.1515/bejeap-2013-0144
dc.contributor 財政學系zh_Tw
dc.creator (作者) 賴景昌zh_TW
dc.creator (作者) Hsieh, Hui-tingen_US
dc.creator (作者) Lai, Ching-chongen_US
dc.creator (作者) Chen, Kuan-jenen_US
dc.date (日期) 2015-10en_US
dc.date.accessioned 10-八月-2017 17:03:20 (UTC+8)-
dc.date.available 10-八月-2017 17:03:20 (UTC+8)-
dc.date.issued (上傳時間) 10-八月-2017 17:03:20 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/111922-
dc.description.abstract (摘要) This paper sets up an imperfectly competitive macroeconomic model that features the strategic interaction between the patent-holding firm and licensees, and uses it to analyze the relevant macro-variables under various licensing arrangements. Some main findings emerge from the analysis. First, the equilibrium aggregate output and aggregate consumption under fixed-fee and royalty licensing regimes are always greater than those under the no licensing regime. Moreover, the equilibrium aggregate output and consumption under the fixed-fee licensing regime are always greater than those under the royalty licensing regime. Second, with the higher (lower) technology level the patent holder prefers the fixed-fee (royalty) contract. Third, welfare could be improved through technology transfer, and the level of welfare under the fixed-fee licensing regime is higher than that under the royalty licensing regime. Lastly, this paper discusses some extensions of the baseline model. © 2015 by De Gruyter.en_US
dc.format.extent 107 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) B.E. Journal of Economic Analysis and Policy, 15(4), 1579-1618en_US
dc.title (題名) A Macroeconomic Model of Imperfect Competition with Patent Licensingen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1515/bejeap-2013-0144
dc.doi.uri (DOI) https://dx.doi.org/10.1515/bejeap-2013-0144