caa a22 4500 606165495 CHVBK 20210128100653.0 cr unu---uuuuu 210128e20151201xx s 000 0 eng 10.1007/s00168-015-0710-0 doi (NATIONALLICENCE)springer-10.1007/s00168-015-0710-0 How to license a transport innovation [Elektronische Daten] [John Heywood, Zheng Wang] This paper identifies the optimal method to license an innovation that reduces transport cost in a duopoly model of spatial price discrimination. An inside innovator finds licensing by a distance fee more profitable than by a fixed fee, an ad valorem royalty or a per unit royalty. Moreover, the social welfare associated with distance fee licensing is larger than that associated with not licensing. In contrast, an outside innovator never finds licensing by a distance fee the most profitable choice. Springer-Verlag Berlin Heidelberg, 2015 Heywood John Department of Economics, University of Wisconsin - Milwaukee, P.O. Box 413, 53201, Milwaukee, WI, USA aut Wang Zheng International School of Economics and Management, Capital University of Economics and Business, Beijing, China aut The Annals of Regional Science Springer Berlin Heidelberg 55/2-3(2015-12-01), 485-500 0570-1864 55:2-3<485 2015 55 168 https://doi.org/10.1007/s00168-015-0710-0 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s00168-015-0710-0 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Heywood John Department of Economics, University of Wisconsin - Milwaukee, P.O. Box 413, 53201, Milwaukee, WI, USA aut NATIONALLICENCE 700 1- Wang Zheng International School of Economics and Management, Capital University of Economics and Business, Beijing, China aut NATIONALLICENCE 773 0- The Annals of Regional Science Springer Berlin Heidelberg 55/2-3(2015-12-01), 485-500 0570-1864 55:2-3<485 2015 55 168