英文摘要 |
Most studies which address licensing treat a licensor firm as either an insider or outsider. To integrate the two extreme cases, this paper sets up a model in which the licensee firm can produce two goods, one is homogeneous to and the other is horizontally differentiated from that produced by the licensor firm. The licensor firm licenses its superior technology to a licensee firm via a two-part tariff contract. It is found that if the innovation is non-drastic, the optimal licensing contract is composed of a pure royalty (two-part tariffs) if the innovation is small (large). On the other hand, with a drastic innovation, the licensor firm, contraposition to that in a single market case, definitely licenses its technology to its rival. Moreover, the royalty rate and the fixed fee in the optimal two-part tariff contract should both be positive. |