Do Patents Shield Disclosure or Assure Exclusivity When Transacting Technology?
Gaétan de Rassenfosse; Alfons Palangkaraya; Elizabeth Webster;
Subject: Markets for technology, R&D, invention, patent, intellectual property, appropriability
jel: jel:O34 | jel:O31
Patents may assist trade in technology either by protecting buyers against the expropriation of the idea by third parties (the appropriation effect) or by enabling sellers to more frankly disclose the idea during the negotiation phase (the disclosure effect). We test fo... View more
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