Economics, Econometrics and Finance
4 years ago

Royalty licensing boosts innovator profits in unionized labor markets.

Licensing a new product: Fee vs. royalty licensing with unionized labor market
Arijit Mukherjee

Paper Summary

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Licensing a new product through royalty agreements can result in higher profits for the innovator compared to fixed fees or auctions when dealing with a unionized labor market in a competitive industry.