Template-type: ReDIF-Paper 1.0 Author-Name: Ottoz Elisabetta Author-Email: elisabetta.ottoz@unito.it Author-Name: Cugno Franco Author-Email: franco.cugno@unito.it Author-Workplace-Name: University of Turin Author-Workplace-Homepage: http://www.est.unito.it/ Title: Hybrid Licensing of Product Innovations Abstract: This paper studies the feasibility and the effects of hybrid licensing agreements involving product innovations protected by patents and trade secrets. Since incentive and efficiency considerations suggest that a typical contract should provide for a negative fixed fee and post-patent royalties at the same unit level as before patent’s expiration, we conclude that per se prohibitions of these practices are not justified on economics grounds. Length: 11 pages Creation-Date: 2008-07 File-URL: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2008dip/10_wp_ottoz_cugno.pdf File-Format: Application/PDF Handle: RePEc:uto:dipeco:200810