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
Link To Document