{"title":"On licensing sequential cost-reducing innovations","authors":"Joaquín Coleff , Camilo Rubbini","doi":"10.1016/j.econlet.2024.112043","DOIUrl":null,"url":null,"abstract":"<div><div>We present a simple model of an outside innovator licensing sequential innovations and propose a channel through which the prospect of future inventions affects the current number of licenses offered. Innovators may license their inventions to more firms than the one-shot licensing model predicts.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"246 ","pages":"Article 112043"},"PeriodicalIF":2.1000,"publicationDate":"2024-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176524005275","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
We present a simple model of an outside innovator licensing sequential innovations and propose a channel through which the prospect of future inventions affects the current number of licenses offered. Innovators may license their inventions to more firms than the one-shot licensing model predicts.
期刊介绍：
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.
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