Bhattacharya, Sudipto; Guriev, Sergei - London School of Economics (LSE) - 2005
innovative idea bargains to license her nonverifiable interim knowledge exclusively to one of two competing Development Units … (DUs) via one of two alternative modes: an Open sale after patenting this knowledge, or a Closed sale in which precluding … lead to partial leakage of RU’s knowledge from its description, to the licensed DU alone in a closed sale, and to both DUs …