Journal article
Technology selling and innovation with bargaining
Bulletin of economic research, Vol.73(1), pp.100-107
01/01/2021
DOI: 10.1111/boer.12235
Abstract
We examine when the price of technology is found through bargaining between the seller and the buyer and explore its effect on the innovation incentive. Selling the technology is preferred to licensing for the innovating firm. The possibility of selling increases the incentive for innovation compared to licensing for a range of high-cost innovation, but reduces the incentive for a range of low-cost innovation.
Details
- Title: Subtitle
- Technology selling and innovation with bargaining
- Creators
- Swapnendu Banerjee - Jadavpur UniversityYuanzhu Lu - Sun Yat-sen UniversitySougata Poddar - Chapman University
- Resource Type
- Journal article
- Publication Details
- Bulletin of economic research, Vol.73(1), pp.100-107
- DOI
- 10.1111/boer.12235
- ISSN
- 0307-3378
- eISSN
- 1467-8586
- Publisher
- Wiley
- Number of pages
- 8
- Language
- English
- Date published
- 01/01/2021
- Academic Unit
- Economics
- Record Identifier
- 9984963054602771
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