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to financing constraints, but also do not seem to benefit from a patent quality signal. …
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to financing constraints, but also do not seem to benefit from a patent quality signal. …
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We analyze the effect of patent thickets on entry into technology areas by firms in the UK. We present a model that … the potential for hold‐up in patent thickets. We show empirically that our measure of patent thickets is associated with a … evidence indicates that patent thickets raise entry costs, which leads to less entry into technologies regardless of a firm …
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