A Note on Technology Transfer by a Monopoly |
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Authors: | X. Henry Wang,& Bill Z. Yang |
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Affiliation: | University of Missouri, Columbia,;Georgia Southern University |
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Abstract: | This paper studies the incentive for a monopoly to license its technology. It shows that a patent–holding monopoly may be willing to license its proprietary technology to a potential competitor when such a technology transfer has a market–expanding effect. |
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