Bar-Gill, Oren; Parchomovsky, Gideon - 2014
initial inventor at the ex post licensing stage. By opting for a narrower patent and unprotected publication, the initial … patent holder commits not to hold up follow-on inventors, thus promoting sequential innovation and generating lucrative … serve as a counter-force to the much-lamented "anti-commons" problem. More generally, our theory demonstrates that the …