An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the … firm manages its rival’s beliefs about the size of the innovation, and affects the incentives in the product market … an innovative firm with unknown costs and probabilistic patent validity. Increasing the number of firms (degree of …

Big companies and small innovation factories possess different advantages in a patent contest. While large firms …. Furthermore, acquisitions increase the chances for a successful innovation. -- patent contest ; sequential acquisitions … patent contest with asymmetric firms. In a pre-contest acquisition game large firms bid sequentially for small firms to …

2005 Mannheim Innovation Panel in combination with patent information from the European Patent Office provides strong …The Decision to Patent with Vertical Product Differentiation -- An Empirical Investigation of the Decision to Patent … with Vertical Product Differentiation -- The Decision to Patent with Horizontal Product Differentiation -- An Empirical …