【摘要】This article investigates the optimal licensing mechanism in a spatial model where competitors set quantities and one firm owns a cost-reducing innovation. We show that when the firms spatially discriminate; the innovator gets higher profits by licensing through royalties instead than through a fixed fee; whereas in the case of uniform delivered quantities; the innovator prefers licensing by royalties (fixed fee) if and only if it has not (has) a sufficiently strong locational disadvantage with respect to the potential licensee. 

【文献来源】Colombo S.Annals of regional Science.2014（3）