search query: @author Yi, S. / total: 2
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| Author: | Yi, S. |
| Title: | Entry, licensing and research joint ventures |
| Journal: | International Journal of Industrial Organization
1999 : JAN, VOL. 17:1, p. 1-24 |
| Index terms: | INDUSTRIAL ORGANIZATION RESEARCH JOINT BUSINESS VENTURES |
| Language: | eng |
| Abstract: | Consider an incumbent monopolist faced with potential competitors who can enter the market by developing a substitute, but inferior, technology. What is the incumbent's optimal licensing policy? When, to whom, and under what conditions should the incumbent firm license its superior technology? Can the incumbent firm reduce the threat of entry by using its licensing policy strategically? If so, can the potential entrants counter the incumbent's strategic use of licensing by forming a research joint venture among themselves? |
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