Maurer and Scotchmer (2002) pointed out that patents may be inferior to other forms of intellectual property in that the independent invention is not a defence to infringement. The authors' analysis refers to situations in which there is an unlimited number of potential entrants by independent...

Maurer and Scotchmer (2002) pointed out that patents may be inferior to other forms of intellectual property in that the independent invention is not a defence to infringement. The authors' analysis refers to situations in which there is an unlimited number of potential entrants by independent...

The aim of this note is to study the optimal licensing of a non drastic cost reducing patented innovation, if the patent holder facing spillover is not only concerned with the optimal number of licenses, but also with their time distrbution. A simple three agents model, a patentee and two...

The aim of this note is to study the optimal licensing of a non drastic cost reducing patented innovation, if the patent holder facing spillover is not only concerned with the optimal number of licenses, but also with their time distrbution. A simple three agents model, a patentee and two...