Patent licensing of Stackelberg manufacturer in a differentiated product market

摘要

The present paper analyzes the patent licensing behavior of a Stackelberg leader of manufacturing firms with an in-house R&D division in a differentiated product market where the firm is able to choose between fixed-fee licensing and royalty licensing. The findings are compared with the conclusions reached on the Stackelberg competition model in a homogeneous product market, and those under Cournot competition in a differentiated product market. This paper also examines two-part tariff licensing and its findings are compared with those of previous studies.