| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2338 |
| DP2338 The Generalized Dynamic Factor Model: Identification and Estimation | |
| Marco Lippi; Lucrezia Reichlin; Marc Hallin; Mario Forni | |
| 发表日期 | 1999-12-17 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | In technology-based industries, incumbent firms often license their technology to other firms that will potentially compete with them. Such a strategy is difficult to explain within traditional models of licensing. This paper extends the literature on licensing by relaxing the assumption of a monopolist technology holder. We develop a model with many technological trajectories for the production of a differentiated good. We find that competition in the market for technology induces licensing of innovations, and that the number of licenses can be inefficiently large. A strong testable implication of our theory is that the number of licenses per patent holder decreases with the degree of product differentiation. |
| 主题 | Industrial Organization |
| 关键词 | Licensing Market structure Oligopoly theory |
| URL | https://cepr.org/publications/dp2338 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531428 |
| 推荐引用方式 GB/T 7714 | Marco Lippi,Lucrezia Reichlin,Marc Hallin,et al. DP2338 The Generalized Dynamic Factor Model: Identification and Estimation. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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