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When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
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This paper shows that inventors with an early patenting success have a higher inventive productivity during their … received for the first patent. The higher career productivity seems to be a consequence of higher individual ability rather … than cumulative advantage. Inventors with high productivity early in their career cannot increase their productivity …
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