• DocumentCode
    2552259
  • Title

    Research on service patent licensing risk under asymmetric information

  • Author

    Xin, Wong ; Yuanhua, Jia ; Xiaofei, Ma

  • Author_Institution
    Sch. of Transp., Beijing Jiaotong Univ., Beijing, China
  • fYear
    2009
  • fDate
    21-23 Oct. 2009
  • Firstpage
    478
  • Lastpage
    481
  • Abstract
    The existence of asymmetric information makes the process of the patent license become a game process among the participants. This article studies the moral risk which patentees will face when the licensed patent is service patent, puts the emphasis on the risking relations between the patentees and the inventors, designs an optimal incentive mechanism for the inventors using principal-agent theory, sets up a model, analyzes the impact imposed by risk attitude, inventor´s effort cost and other factors on the model, draws some conclusions that the patentees cannot hold the more conservative attitudes towards the risk, and so on.
  • Keywords
    game theory; patents; risk analysis; asymmetric information; game process; licensed patent; moral risk; optimal incentive mechanism; principal agent theory; risk attitude; service patent licensing risk; Books; Continuing education; Contracts; Costs; Ethics; Game theory; Licenses; Risk analysis; Transportation; Uncertainty; Asymmetric Information; Principal-agent Model; Risk; Service Patent Licensing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management, 2009. IE&EM '09. 16th International Conference on
  • Conference_Location
    Beijing
  • Print_ISBN
    978-1-4244-3671-2
  • Electronic_ISBN
    978-1-4244-3672-9
  • Type

    conf

  • DOI
    10.1109/ICIEEM.2009.5344545
  • Filename
    5344545