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the effects of an agreement where the more advanced firm shares its technology with the inferior one. We show that the … ; technology …
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technology competition increases which is in line with the argument that licensing can mitigate hold-up problems in technology … markets. -- Licensing ; blocking patents ; discrete and complex technologies ; technology competition … inlicensing activity. In this paper, we investigate the effect of expected blocking on firms' engagement in in- and out-licensing …
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