研討日期

201231010:20 ~ 12:00

研討地點

台大社會科學院27教室

題目

The Mode of Backward Integration: Technology Licensing and R&D

作者

Kuo-Feng Kao, Hong-Ren Din, and Pei-Cyuan Shih

文獻出處

Working Paper

報告人

Kuo-Feng Kao

參加人員

梁文榮、林燕淑、彭正浩、張瑞雲、張民忠、高國峯、陳金盛、曾靜枝、丁虹仁、王羿傑、吳宜謙、周冰瑤、蔡明芳、涂光億、張志瑋、呂得成、吳定軒、徐靖、施姵全

摘要

In this paper, we consider two modes of backward integration: Investing in R&D and technology licensing. If the downstream firm backward integrates by investing in R&D, the consumer surplus increases; however, the social welfare increases only if the technology gap is not too large. On the other hand, if the downstream firm backward integrates by technology licensing, the social welfare necessarily increases; however, the consumer surplus increases only if the innovation is large enough. That is because the patent holder can make the downstream firms become more collusive by manipulating the royalty rate, and the royalty rate may even larger than the technology gap.

備註