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Royalties for Artists versus Royalties for Authors and Composers
Legislation creating or reinforcing resale royalties for visual artists retains substantial political popularity, particularly in the European Union - despite the often skeptical attitude toward those rights in the economics literature. In this essay, we probe more deeply the affirmative arguments that can be made for a resale royalty right, in either ...
Henry B. Hansmann
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Science, 1998
The University of California's recently reported maneuvering to deny to faculty the 50% of royalties from corporations due them according to university policy on licensing fees for inventions is deeply disturbing. (Jocelyn Kaiser, “Inventors' court victory worries universities,” ScienceScope, 19 Dec., [p. 2045][1]).
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The University of California's recently reported maneuvering to deny to faculty the 50% of royalties from corporations due them according to university policy on licensing fees for inventions is deeply disturbing. (Jocelyn Kaiser, “Inventors' court victory worries universities,” ScienceScope, 19 Dec., [p. 2045][1]).
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Franchisee's marketing activity and two royalty structures:margin-based royalty versus sales-based royalty [PDF]
This paper studies the two royalty structures: Sales-based Royalty (=SBR) and Margin-based Royalty (=MBR). From the standpoint of a franchisor, if it is necessary for a franchisee to engage in a marketing activity, the SBR grants a more high-powered incentive scheme to the franchisee than the MBR does.
DongJoon Lee +2 more
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