标题：Privatization in the presence of patent licensing
作者机构：[Niu, S] School of Economics, Shandong University, Jinan, Shandong Province 250100, China
通讯作者地址：[Niu, S]Shandong Univ, Sch Econ, Jinan 250100, Shandong, Peoples R China.
来源：Journal of Economics
摘要：This paper analyzes the licensing policy for a cost-reduction technology of a foreign R&D institution when it is faced with a domestic monopoly manufacturer. It is found that, due to objective differences, a public domestic manufacturer will be charged higher than a private domestic manufacturer for a certain licensed technology. Accordingly, to save on the licensing payment made to the foreignR&D institution, the domestic government is recommended to ( partly) privatize the public manufacturer.