Intellectual property disclosure as "threat"

Baker, Scott, Lee, Pak Yee and Mezzetti, Claudio (2011) Intellectual property disclosure as "threat". International Journal of Economic Theory, 7 1: 21-38. doi:10.1111/j.1742-7363.2010.00147.x


Author Baker, Scott
Lee, Pak Yee
Mezzetti, Claudio
Title Intellectual property disclosure as "threat"
Journal name International Journal of Economic Theory   Check publisher's open access policy
ISSN 1742-7355
1742-7363
Publication date 2011-03
Sub-type Article (original research)
DOI 10.1111/j.1742-7363.2010.00147.x
Open Access Status Not Open Access
Volume 7
Issue 1
Start page 21
End page 38
Total pages 18
Place of publication Chichester, West Sussex United Kingdom
Publisher Wiley-Blackwell Publishing
Language eng
Abstract This paper models leading firms in innovation markets deciding first whether to share knowledge, and then playing a market entry game. When firms are sufficiently patient, we show that the feasibility of intellectual property disclosure through licensing to outsiders provides a useful additional threat to entry by the punishing firm in the entry game. The opposite is true when firms are impatient; the availability of intellectual property disclosure makes coordination harder. We also show that if the probability that the leading firms will be able to innovate even without knowledge sharing is sufficiently high and firms are sufficiently patient, then it is also possible for the firms to enforce a knowledge-sharing agreement before innovation has taken place.
Keyword Intellectual property disclosure
Licensing
Market coordination
Knowledge sharing
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Economics Publications
 
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Created: Thu, 02 Jun 2016, 12:21:37 EST by Karen Warren on behalf of School of Economics