Hall, Bronwyn H.; Helmers, Christian; Graevenitz, Georg von - 2016
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 …