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An innovative firm chooses strategically whether to patent its process innovation or rely on secrecy. By doing so, the … an innovative firm with unknown costs and probabilistic patent validity. Increasing the number of firms (degree of … a smaller (greater) patenting incentive if patent protection is weak (strong) …
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find that the patent system itself is frequently used for defensive publishing. Our findings also challenge contributions … connecting defensive publishing to patent races …
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, focusing on the patent as the aspect of intellectual property mostvalued by research-intensive firms. It was found that …
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