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Patent licensing continues to be researched in formal financial types in the field of industrial Group. In particular, Katz and Shapiro (1986) have explored the optimum licensing technique of the exploration lab promoting to firms who will be opponents on the products market place.[21] It seems that (as compared to the welfare-maximizing Resolution) the licensor's incentives to create improvements may be extreme, even though the licensor's incentives to disseminate the innovation are typically much too minimal. Subsequently, the seminal function of Katz and Shapiro (1986) is extended in various directions.
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