Pharmacy premises licensing policy formulation: experience from Ghana

Policy Lessons from Recent Experience

This paper investigates the macroeconomic challenges created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, in terms of absorption and spending of aid—where the central bank controls absorption through monetary policy and the sale of foreign exchange and the fiscal authority controls spending. Different combinations of ab...

Joint Ventures , Licensing , and Industrial Policy

This paper reconsiders the explanation of R&D subsidies by Spencer and Brander (1983) and others by allowing firms to license their innovations and to pool their R&D investments. We show that in equilibrium R&D joint ventures are formed and licensing occurs in a way that eliminates the strategic benefits of R&D investment in the export oligopoly game. Nevertheless, national governments are driv...

Policy-Driven Licensing Model for Component Software

Optimal Licensing Policy in Differentiated Industries

This paper analyses the policy implications of licensing between producers of differentiated goods. We consider and compare two-part tariff, fixed fee, royalty and collusive licensing contracts. Under the optimal licensing policy, there will be no technology transfers if the innovation size is sufficiently small and degree of product differentiation is sufficiently low. On the other hand, licen...

Erotetic Arguments from Inconsistent Premises∗

The aim of this paper is to generalize two basic concepts of Wísniewski’s theory of questions, namely question evocation and question generation, to the inconsistent case. For both concepts, I shall present three alternative definitions. Each of these is based on a prioritized adaptive logic. I shall show that, for the consistent case, each of the alternative definitions leads to the same resul...