Endogenous Technology Transfer: What is the Right Price?

  • William J. Baumol
Part of the Research Monographs in Japan-U.S. Business & Economics book series (JUSB, volume 5)


Professor Sato has made very valuable contributions to the analysis of international competition in which both technological rivalry and transfer of technology play a crucial role. These influences are also patently important in reality, and to understand them fully it is necessary to investigate the mechanism by which the technology transfers are carried out. This essay seeks to contribute to the study of the transfer process.


Incremental Cost License Price Patent Holder Technology License Royalty Rate 
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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • William J. Baumol
    • 1
    • 2
  1. 1.New York UniversityUSA
  2. 2.Princeton UniversityUSA

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