Licensing and innovation: comment

Stefano Colombo; Luigi Filippini

doi:10.1016/j.econlet.2014.09.036

Licensing and innovation: comment

Risultato della ricerca: Contributo in rivista › Articolo in rivista

Abstract

According to Chang et al. (2013), social welfare under licensing is lower than under no-licensing if the R&D efficiency is high. We show that this result is not correct, as when R&D efficiency is high social welfare is higher under licensing than under no-licensing.

Lingua originale	English
pagine (da-a)	353-356
Numero di pagine	4
Rivista	Economics Letters
Volume	125
DOI	https://doi.org/10.1016/j.econlet.2014.09.036
Stato di pubblicazione	Pubblicato - 2014

Keywords

patent

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10.1016/j.econlet.2014.09.036

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AU - Filippini, Luigi

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AB - According to Chang et al. (2013), social welfare under licensing is lower than under no-licensing if the R&D efficiency is high. We show that this result is not correct, as when R&D efficiency is high social welfare is higher under licensing than under no-licensing.

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DO - 10.1016/j.econlet.2014.09.036

M3 - Article

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JO - Economics Letters

JF - Economics Letters

ER -

Licensing and innovation: comment

Abstract

Keywords

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