CAJ | 학술논문

技术竞争在高技术产业中具有向产品竞争延展的趋势。本文研究了存在后续市场的三种标准的股权投标的拍卖机制和形式，分析了其与现金投标专利拍卖在收益及社会福利方面的异同，结果表明股权投标专利拍卖的期望收益严格大于现金投标专利拍卖，但社会总福利效应却相反。
기술경쟁재고기술산업중구유향산품경쟁연전적추세。본문연구료존재후속시장적삼충표준적고권투표적박매궤제화형식，분석료기여현금투표전리박매재수익급사회복리방면적이동，결과표명고권투표전리박매적기망수익엄격대우현금투표전리박매，단사회총복리효응각상반。
Technique - competition in high - tech industry extends towards product - competition. This paper studies the mechanism and form of three kinds of standard equity - bid patent auction with an aftermarket, and compares its similarities and differences with cash - bid patent auction in revenue and social welfare. The results show that the expected revenue of equity - bid patent auction is strictly greater than that of cash - bid patent auction, but their social welfare is opposite.