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This paper analyzes the optimal protection strategy for an innovator of a complex innovation who faces the risk of imitation by a competitor. We suppose that the innovation can be continuously fragmented into sub-innovations. We characterize the optimal mix of patent and trade secrets when the...
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This paper tests a number of hypotheses on the use and effectiveness of patents and trade secrets designed to protect … innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate …
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portfolios of technology firms of all sizes and ages exhibit a rich array of instruments in addition to patents for protecting …
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