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Book part
Publication date: 26 July 2008

Sougata Poddar and Uday Bhanu Sinha

This chapter proposes a survey of the main results produced by the literature on licensing and some original insights, with a particular focus on globalization…

Abstract

This chapter proposes a survey of the main results produced by the literature on licensing and some original insights, with a particular focus on globalization, North–South models of technology transfer, the issue of how the intellectual property rights influences international licensing, and asymmetric information.

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The Economics of Innovation
Type: Book
ISBN: 978-0-444-53255-8

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Book part
Publication date: 26 July 2008

Luca Lambertini, Sougata Poddar and Dan Sasaki

In this paper we take a close look at those strategic incentives arising in a situation where firms share the costs and profits in a multi-firm project, and bargain for…

Abstract

In this paper we take a close look at those strategic incentives arising in a situation where firms share the costs and profits in a multi-firm project, and bargain for their respective (precommitted) split of cost- and profit-shares. We establish that, when each firm's effort contribution to the joint undertaking is mutually observable (which is often the case in closely collaborative operations) and hence can form basis of the contingent cost- and profit-sharing scheme, it is not the gross economic efficiency but the super-/sub-additivity of the nett returns from effort that directly affects the sustainability of a profile of firms' effort contributions. The (in)efficiency result we obtain in this paper is of different nature from so-called “free riding” or “team competition” problems: the set of sustainable outcomes with bargaining over precommitted cost- and profit-shares is generally neither a superset nor a subset of the sustainable set without bargaining.

Details

The Economics of Innovation
Type: Book
ISBN: 978-0-444-53255-8

To view the access options for this content please click here
Book part
Publication date: 26 July 2008

Abstract

Details

The Economics of Innovation
Type: Book
ISBN: 978-0-444-53255-8

To view the access options for this content please click here
Book part
Publication date: 26 July 2008

Abstract

Details

The Economics of Innovation
Type: Book
ISBN: 978-0-444-53255-8

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