sufficiently high, license without entry strategy is optimum; if the low quality good’s quality is low, both of entry without … license strategy and license without entry strategy are optimum; when cost functions are quadratic, if the high quality good …’s quality is high, license without entry strategy is optimum; if the high quality good’s quality is low, entry with license …

). In an entry/acquisition game, we allow the potential entrant in a vertically differentiated market to offer a variant … trade theory, but it also allows to capture the exchange of innovation's ownership via acquisition, as analyzed in the … literature of innovation. …

enters or innovates it benefits from the information it gets by observing past entry. Delays in the process of receiving the … information reduce the benefits of the spillover and affect the entry process. I derive the effects this delay has on diffusion …, on the dynamics of price and cost of entry, and on efficiency. I explain why, when spillovers of information are delayed …